tv Business - News Deutsche Welle September 22, 2023 11:15pm-11:30pm CEST
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suite and occupied finance. precious defense ministry says one service member is missing. what will the fox media empire look like now that rupert murdoch is stepping down chris co or takes a look in your dw business update in just a moment. there is always more news on our website at www dot. com, and you can follow us on social media for all the latest our handle there is at the that we news on the conflicts. thank you so much for your company. by the green. do you feel worried about the brand? i'm the host of the on the green fence post cost to me it's clear remains to join me for the size of the green trends formation for me to use for the plan. so
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imagine how many portions of loans of turn out in the world, climate change. the story faces more plants the way from just one week. how much was going to really get we still have time to act. i'm going to access the a media tycoon stepping down, leaving many questions about his legacy. what bill report murdock's departure as chairman for fox news corps means, particularly with us presidential elections coming up. we'll have expert outs also on this week's dw business specialist about economic sanctions. we dive deeper into the question is, and how economic pressure of the west against russia has been working. i mean, the kremlin, the and your friends,
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and endless energy your things to be pulled petrol motions of the sea. go visit the latest of what his aim to be serious wave power plants important. i'm chris kolber. welcome to the program. and myra say, here's the contributions are extraordinary. critics claim the world is worse off because of him. whichever opinion you support a lot speaks for rupert murdoch being the most powerful person in news across the english speaking world. thanks to his empire of progressive tabloid newspapers, story, daily's, and big hitting tv networks. now at age 92, he's stepping down. the news reverberated throughout the industry and beyond. that mode is stepping down as a head of news called the media close, as he created almost from scratch murder scene here with his sons last night. and james is one of the great media moguls of his time,
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from humble beginnings in his native as trailer. he build a global media empire once they've spent news papers to the movies and publishing. but that has always been a controversial figure. he never shied away from using his muscles to influence politics. i think we help him. donald trump, the come president, is the right ring cable network fox news. these bills of bost global media around pi and not out the business pages will give him credit for that. but he has done an almost damage to the democratic world and in particular to the united states, the end of time and eco system. the fox news above all has created in the us has left america angry are in more divided than that, spain at any time since the civil war. it is one of a kind in the sense that he is a,
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an old fashioned news proprietor in the sense that he believes that his newspapers and his broadcasting channel in the u. s. should be opinionated and pursue an editorial line. and he is, if you like, partial to certain points of view and he is also as result exercised political influence in a way that very few media proprietor tours have done so, you know, both in the u. s. a and in the u. s. was finally, critics of rupert murdoch say the world is worse off because of and because of rupert murdoch, because fox news can be seen as a destructive force in american democracy in public life. how do you see that? oh well i do understand very well how people might be critical of him in here in
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the u. k. for example, they've been very critical of phone hacking a for example that you know is also a problem matic. and so i would say that his reputation is mixed, but at the same time, he has shown a really tremendous commitment to journalism. and so there's pluses and minuses, you know, for example, he's of great backer of investigative journalism at the times and the sunday times or the wall street journal. so i think you have to sort of balance off his, you know, reputation, you know, in terms of fox and fox news channel buried in mind that as i say, he didn't really share the views of the present. or is that fox in relation to the election? we see him to be honest, you know, in our company we, we, we see him in
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a favorable life because he has been so committed to a, for example, us supporting a journalism rather than trying to make these businesses really commercial by us. so we think, you know, on the whole, he's had a beneficial influence in terms of, you know, the availability of news and its depths and its purpose. as particularly at the newspapers. alexander's the media analyst was thank you for your thoughts. you're welcome or another, some of the other little business stories making news. arizona economic is to be frank. less than expected this month. according to the survey by standard and poors . the purchasing managers index is down for a 2nd month in a row, as they are, is on economy continues to struggle with high energy prices and inflation mainly due to russia's war and ukraine. the problem is, is a ban on russian fuel exports announced earlier this week will be upheld as long as
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needed to ensure stability of domestic markets, countries facing fuel shortages as the ruble, weekends and global oil prices are on the us. yours because then joe biden announced a new package of military age during a visit by your crimes president reloaded me as lensky to washington. but yet another package worth $24000000000.00 could be blocked by republicans in congress. sanctions talking a thing, the russian economy have been the west most immediate response to the ground as aggression. we looked at this issue and this week's dw business special with nicholas mother, a historian at cornell university, who has written a book on sanctions as a tool of modern war. and major part of our conversation has been the question different how these sanctions against russia all working? well, sanctions are definitely a nuisance. for russia they would much rather not be under sanctions then be under
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sanctions. but that being said, i think that they are not as successful as we hope they would be. certainly a lot of those figures are indisputable, particularly about car production. but we have to place that in the wider context of rushes continued ability to keep attacking ukraine almost every week with major missile garages. one of the big helps, for example, was that cutting off a russian access to semi conductor technology from the westwood impair. their ability to manufacture precision, guided weapons. russian missile production is now ha, higher than it was before the war, rushes producing about 7 times as much artillery ammunition as the you and the united states combined. so they have managed to adapt to our economy and they have prioritized the war efforts. so it's certainly true that this is the car industry for example, has suffered. but this is the sort of thing that you would see in an economy that is geared increasingly towards more civilian industries are being deprived of resources and those resources are being funneled into military production. and you
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can find the entire conversation with nicholas mother and our latest d, w. a business special on the detailing, use youtube channel. waive energy is considered one of the most promising technologies with endless potential is for deuced, with the help of sending boys that move as the see does. some european countries have already built the wave power plants include brittany, the netherlands, france, spain, italy pool to go. and montenegro moore, a plan to spain alone is expecting to have 4 of them within a few years. one of the firms behind the technology is sweden's core power ocean. and recently build a commercial scale prototype of the coast of portugal. dw, is you sent to us, was there of this 35000000 euro boy is harnessing energy from the bottles largest on top to power source. the ocean as the device moves up and down
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a generator inside, transformed the mechanical energy into electricity. swedish in a cool part ocean says the machine has 2 advantages. compact to other devices on the development. we are producing so much more energy. we're given the size of the equipment. so on these 9 rates are damaged boy, we're producing 300 kilowatts in historical wave devices. you have had thousands of tons of equipment to do that same power. the technology we have introduced here that is just letting big waste paul's bias storms and not reacting to them is protecting us as storms recently connected to the portuguese grid. the prototype is the outcome of move in a decade of the final product and i share it with the spring hospice finance. so equity and the other half to government and european subsidies. the next generation of the machine made of fiber and prison is already in the making. first, commercial projects are scheduled for 2027. the projects developers say its
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benefits could extend the young poor to go to other countries, even if they don't have large coastlines. europe is getting increasingly interconnected, which is a very good thing. so in the end use also you can say if you, if you take wave energy along the entire p and coast, you can stabilize a big part of the, of the in energy system. the portuguese government aims to have 10 gigawatts of ocean energy, which also includes also wind energy commission in 2030. that's could satisfy a 4th of the country's attic tricity needs. but this economist says, getting waive energy to work. well, be easy both here and abroad for the field of simeon. it's this a finance technology. second, it several ways to do these already has been tied over here for those 3 of the 1990 is the size of each one that will be tell you the to the whole semester that off to about 2 years ago, there was no money to continue the study also down to a higher maintenance cost, monthly so,
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but the developers are confident that that technology can overcome these hardware. they have already collected $60000000.00 yours in subsidies for the next stage of the project, which would cost a total of $66000000.00 yours. the biggest challenge for the world to get to a net 0 electricity system is to ensure that there is electricity available at all times every hour. busy of the year, not only when the wind is blowing or the sun is shining, and wave energy is unique in the way that waves always come in. to deliver on that promise, the company's hoping to win the race against wave energy technologies developed as well. and that is our show. thanks for watching. have a great weekend. the
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view will tell you who we are happy that we are back to the story. we have a getting a visa is more difficult than finding gold hosted to use the sales force and for the future in the stories and issues that are being discussed across the country. news africa. next on d, w a co india, the floods in himself to dish and other regions of india is swept away entire villages and took many, 9 environmental to the sun, now demanding building projects to be more sustainable and designed to protect both human environment. eco, india. in 16 minutes on the w i,
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she's got any issues with a lot say what the this is the deputy news that protests coming up on the program. why europe's effort to cub migration from africa is failing. thousands of migraines from steps are in africa have recently arrived in it's any closing tensions between european governments over who will take them. one express will tell us why europe's approach to migration from africa is not working. people will regardless of the restrictions, the question is which pos ways that we use based on what is available.
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