tv Business - News Deutsche Welle November 24, 2017 6:02am-6:16am CET
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burning majority of. u.s. consumers have begun storming the stores as part of the busiest shopping day of the year. black friday sales are closely watched by many retailers as a gauge of the buying mood going into the all important holiday season. my. brother mugabe's resignation has catapulted zimbabwe into a fresh era on friday its new leader will be sworn in and he's promised a new democracy but can he overhaul in the colony and. the inside story on a nutritious london vironment li friendly ingredient the couple of dutch foodies believe will soon be worming its way into your dinner. i'm daniel winter and this is your business update zimbabwean shares have lost six billion
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dollars in value since the military takeover a few weeks ago that's according to data released by the country's stock exchange today ordinary zimbabweans are cautiously optimistic about the future they then they know the next president emerson is closely tied to the old ways but they also see plenty of opportunity at least he couldn't plunge the country further into financial ruin than robert mugabe. zimbabwe has being greedy and for economic growth planned for resources solid public infrastructure and plenty of human capital but under mugabe the country's economy took a detour from its start in africa neighbors it began in one thousand nine hundred ninety seven when the government began seizing land from white farmers a jolt for a country that leaned on its agricultural exports the result was an economy that nearly folded in half over the next decade it was the strongest contraction of its kind during peacetime according to the world bank inflation hit five hundred
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billion percent poverty rates surged throwing a fifth of the country into extreme need things began to improve in two thousand and nine after zimbabwe abandoned its local currency for a multi-currency regime they call me has struggled again lately and inflation fears are back investors have ploughed their money into stocks in recent months as the mugabe government began printing acquires the money called bond notes the more non-god law government faces difficult questions once the cheering subsides can it bring back a local currency can it solve a liquidity crunch economists say the structure for zimbabwe's success is there now the question is whether the leadership will be. i spoke to journalist in london who has covered zimbabwe for a decade asking how many can regain the trust of the i.m.f. and institutional investors. well i think that the most important thing he has to do is that he is going to restore justice and law i think that's the most important
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. yeah definitely has to persuade the international community that these just were theme and that there will be free fair and credible elections next year and that he's going babs to involve the oppositions in whatever form i think that's that who's going to convince the international community of ok so creating security and certainty at the moment of course is involved he has a very troubled reputation economically with two hundred percent debt to g.d.p. that is massive and that was on the official figures with these changes that are coming in now do you expect companies will want to invest that and i'm pretty sure there are lots of international companies which want to invest in them but before a number of reasons well that if there's a bobbins outstanding people they're still well educated that able to work and they have got the will and they want to achieve something in life as you're one as we
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all know lots of zimbabweans work outside the country have made be in south africa and britain and australia the us and even in other countries so they do have the will to succeed worldwide and that's what international investors know they do have the cup of cups capacity and they do have the right also to to do new things and i don't know about getting a handle on corruption meat is he the right leader to do that after all he's started by the gobby side for decades briefly if you can. pretty sure he knows how to really loot and hard to work with other means of corruption but nevertheless he also knows that if he's not going to change well this land will be again be in a freefall and that will be devastating for him as well as for the country he i think he saw over the last days how. good the people are and how
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massive the protests can be ok so the spirit of work to do and a lot of opportunities here as well yes and thank you very much for your insight thank you german industrial giant doesn't quit financial year wasn't exactly as strong as steel sales are up but earnings are a little shaky and more cash is flowing out and coming in that's probably why management is forging ahead on nudging its european steel division with that of indian competitor ta-ta c.e.o. heinrich he's even says the plans have absolute quality for the around four thousand jobs said to go walkers all staging protests many are asking why the company is now looking to merge and downsize a division which is making a profit every year the friday that follows thanksgiving whips american shoppers into a frenzy once those doors are open it's dog eat dog hunt for the best bargains but watch out some of those deals are just too good to be true. some people have
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been camping since monday outside this electronics shop in tampa florida they're hoping to snap up some bargains like a fifty inch ultra h.d. t.v. for just one hundred eighty dollars because it does take away i guess from you know the dinner and the holiday and everything like that but. you got to do what you got to do to get that price so. there may not be tents out on the german high streets but there's definitely a black friday bug in the retailers even have black week advertising seven days of rock bottom prices opinion on the street is mixed. this from them i like discounts on electronics i'm happy to join a. government. there's no point. people who buy things whether they're cheaper now or not it has. taken this on from america and its stupid ass and. the internet is also awash with special offers
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experts predict additional sales of one point one billion euros and friday in germany alone. is a big enough and almost us that's an average of one hundred seventy per person on friday and on cyber monday another one hundred twenty. that's a big incentive for retailers especially in electronics or pretty nearly twenty hundred. foot shop with caution say consumer protection groups not every discount is a bargain. dramatic price cuts of forty fifty or even eighty percent might be too good to be true. keep a cool head do some research use price comparison websites to check if it's really a good offer and whether or not to go for it. in a sample test last year only half the products were genuine bargains a quarter of them were listed at market value and for the rest shoppers paid more than they would have elsewhere. ballons new airport was supposed to open in june
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twenty twelve that's exactly two thousand days ago as of thursday and it gets worse germany's safety authorities now say there are problems with the sprinklers and fire safety system that means the airport won't be ready for the scheduled opening in twenty twenty one the cost alone is staggering rising from one billion euros to six point six billion and experts say that the airport's design may already be outdated. now how's this for a tasty treat perhaps until you know what's inside the buffalo is a protein rich beetle lava which is used in animal feed in cosmetics now dutch company has found another use for it in a hamburger bun. at first glance it looks like a normal hamburger but it's not just any old burger because half of the meat party consists of ground up insect larvae student bureau back ahman taste of the box
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burger for us. this nicely i would definitely think i would recommend it to my friends. the main ingredient in various books berger is ground buffalo worms the lover of the darkling beetle production of the insect burgers begins here in the dutch town of. the manufacturers have been breeding insects here for about forty years mainly for animal feed and the cosmetics industry. but recently they've been producing more and more love it for human consumption nico root is plant manager of protein farm he performs regular checks on the quality of his worms. and two billion people around the world eat insects every day but it's still a big to boo in europe. i think that within five years it's quite normal to eat in six. it will be inside as an ingredient in
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a lot of food products i think. within five years i think we all it's just a couple of times a year in six. the worms are a sustainable source of nutrition containing fifty percent protein. they only need a fraction of the space water and feed the breeding higher orders of animal requires under c o two emissions are minimal. the environmental benefits were decisive for the book's bogus creators. cleaner and bearish set up their bug foundation in twenty fourteen with only ten thousand euros venture capital they spent over a year developing their burger patties the ground buffalo worms mixed with peas water and a secret spice mixture. often in marketing at the same time we're hoping will become a model for other countries for instance in developing countries where they used to
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eat insects but stopped doing so in order to adopt the western lifestyle and eat beef burgers following the mcdonald's lifestyle. next year it becomes legal to sell processed insects in germany the two young businessmen hope their books burger will give them a head start on any competitors. but the work is not exactly a cheap snack in and. the exotic delicacy between twelve and seventeen year olds for the pleasure. that's got you hungry. on facebook and twitter now we're back tomorrow same time same place.
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