Transcripts For DW Business 20240713

Of moved on you cannot make news and company news which is really been driving stocks over the past several hours the other reason is really that investors have sort of come down on the a say that theres really going to be a war between iran and the u. S. So irans economy has already been really devastated by u. S. Sanctions that a lot of investors dont think that they really want to be entering a war with us right now so there is a lot more optimism that they wont be heading towards a conflict but there still is a lot of. Anxiety and markets even though its on the back burner today that there will be more of a tell you coming forward so investors are so sort of keeping an eye out for the. Because it will in the infant thank you. So there might not be an all out shooting war but investors around the world are keeping an eye on tensions between america and iran with a special focus on how american businesses could become a target for iranian revenge attacks and its not about bombs iran has been known to be successful with Cyber Attacks in the past there are few examples between 20112013 iranian hackers targeted j. P. Morgan chase bank of america and wells fargo with large socalled denial of service attacks making us difficult for customers to access their accounts iran also attacked the saudi aramco all company in 2017 with the socalled shamoun virus it was so devastating that the network had to be rebuilt almost from scratch just in november last year microsoft experts suspect that iranian hackers were focusing on physical targets major manufacturers and operators that build hardened software used in Industrial Control Systems for example control power grids manufacturing and Oil Refineries but iran is also vulnerable to cyber ties the u. S. Has targeted Iranian Air Defense and command sides in june last year as a response to terence drowning a downing rather of a u. S. Drone but more on this im now joined here in the studio by spend happy hes a project director for International Cyber Security Policy at the shift of fun for them as a political think tank here in berlin when working with the studio doesnt ron have the capability for a major attack against western economies so theres a 2 pronged approach right now what were seeing is some low level patriotic hackers trying to deface and websites not a real threat low intensity but then we also know that Iranian Military Intelligence Units have a very very capable psyop aeration is units that are capable to at least disrupt western companies if you. The cyber attack is more likely or several Cyber Attacks more likely than and or large shooting war or. When really much depends on what tara wants to do right now. Very scalable so you can start with something low like stealing information disrupting some bank for a couple of days or go very high for example disrupting a Regional Power grid or something. The actions on the lower level could be taken as the escalation measure whereas taking off would be an escalator measure it really depends on what they want to do and in the end of the day the iranians know that the United States has the escalation dominance they can decide how much they want to escalate its all about taking down a power grid does the iranian. Military for example have that capability well in syria could have obtained that capability i dont know for sure there were some operations have to be planned much in advance especially such a very sophisticated cyber attack so if they have time to prepare we dont know yet if they have access they can pull it off but in syria that would be possible and weve seen in the past that the American Power deposits American Power would protect it one of those. Being protected have nations like the u. S. All its allies germany for example done enough to protect themselves well the question is can you really do enough in general and i think its very difficult you can throw money at the problem we have limited Human Resources people who really know that stuff so its very difficult if youre up against Something Like a military intelligence operations units that have been trained for this incident for 5 or 10 years theyre doing something but i doubt its enough especially if we look at the industry side of things so its going to be interesting how its going to play out which businesses you think are most vulnerable to this so i think the sweet spot is something you want to hit something if youre a you want to have something that shows on t. V. That looks good so taking down some regional smaller power which would be interesting and we know that the iranians hacked in american in the past so water supply is interesting but of course refute look for example its a bank. If you want to do something apart from just some people from getting access to their accounts it gets more difficult so you have to find a sweet spot between vulnerable system and you know showing a sign having real impact that looks good on t. V. Thank you very much spend happy if you are. Prosecutors in tokyo have issued an arrest warrant for the wife of former miss on Simon Cowells goal carol gone of lying to investigators over her husbands escape from japan where he was awaiting trial on corruption charges more details about the former managers stunt like this from justins Justice System are from robots. His thoughts this is the moment when carlos ghosn left japanese soil since his daring escape on the 29th of december the story of how he managed to get out of japan has been slowly becoming clear its believed that he was smuggled onto a high speed train in tokyo and delivered to can Sight International airport near osaka city from there he left aboard a private jet ending a journey through japan that began inside a musical equipment box. However plenty of questions about the escape remain unanswered and carlos ghosn has hinted to News Networks that he may address some of those questions very soon he said that he has actual evidence documents that will prove that this was a coup to take him down he said that hes going to need some people from the japanese government are behind this that they wanted to take him out because he was going to merge nissan with you right now on tuesday and arrest warrant was issued for the x. Automotive bosses wife carol go on an increasingly frustrated japanese government has urged lebanon to help with the investigation mother who goes along we are making efforts to communicate with the lebanese government through various methods. And we plan on delivering our message to them that it is extremely regrettable that go who left japan illegally arrived in lebanon and also ask their necessary cooperation as we investigate the facts through a cool mom who committed to grow the. And it is to lebanon to the worlds press now turned specifically to a wealthy suburb of beirut and the house owned by carlos ghosn the fugitive with a story to tell and a nod to some of the other Global Business stories making headlines today. Tori daunts from. The us comic that delivered its 1st chinese made cars to customers by us was it the 1st vehicles produced in the companys shanghai gigafactory on the boss himself. Or 3210 ignition base a has launched another set of satellites from its falcon 9 rocket theyre meant to provide Global Internet services this time once a blood will have a dark coating c p s astronomers who say that reflections from the orbiters hampering their observations. In paris tried to unions and business groups are set to meet with ministers for new talks on president pension reform transport workers across the country have been on strike for the past month and great proposals to create a uniform pension system. Through as firefighters in australia avail of cooler temperatures to contain the bushfires that have ravaged much of the country authorities are beginning to assess the Economic Impact the government has committed more than a 1000000000. 00 to relief efforts saying it will do whatever it takes to help affected communities. Charge and deserves it this speech in the village of eden in southeastern australia is usually teeming with tourists now all you can find here is dead wildlife the impact on local businesses has been immense. Before. You know. The truth the type of lawyer you go through thats without income which is the point that profit rights which we carry for we. The fires still raging in many places are having a huge economic as well as Environmental Impact Insurance Companies say theyve received around 8500 claims so far amounting to the equivalent of some 430000000 euros in losses but the scale of devastation suggests the eventual figure will be significantly higher than the us. Is before we even begin to count the cost to business to those people who might not have lost their homes but they dont have a place to turn up for work today theyre not sure how their next paycheck is going to roar. The cost of this is on presented so far the astray and government has resisted calls to cut Carbon Emissions further on the basis that it would harm the economy which relies heavily on coal and gas exports but the cost of the fires which Scientists Say were more intense because of Climate Change will add to increasingly urgent calls to reassess policy. And thats it for me on the business to. Business news to check out our web sites thats of course the. Business also on social media on facebook on twitter also. Off this quick look at global markets. Because look back on 0. 03 per pound. The islamists are exciting. For the greeks the price of. Disappointment. Again clams and gold cousteau. In the minutes. On official estimates more than 1200000 venezuelans live in colombia legally and illegally. Returned to venezuela. To visit friends is that i dont think id ever go back there to live you know what i live there again i dont know so im not sure. 1000000000 witness global news that matters. Made for minds its all happening with a few coming. Your link to news from africa the world your link to exceptional stories and discussions can you and will come to the debut suffocating program tonight from funny to me from the news of easy to while i would say deputed smash africa join us on facebook at t. W. Africa. Frankfurt. International gateway to the best connection self road and rail. Located in the heart of europe connected to the whole world. Experience outstanding shopping and dining offers and try our services. Biala gassed at Frankfurt Airport city managed by from part. Of the. Plane. This is the devon news coming to you live from berlin dozens die in a stampede at a funeral 75 after the assassination of iranian gender class and saudi money say state media another stampede happened as huge crowds of mourners gathered for the kindred procession to get the latest from to head up. Close in the program and on the