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tv   Business - News  Deutsche Welle  September 8, 2018 1:02am-1:16am CEST

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work longer retire later the russian government is pushing ahead with an extensive pension reform and many russians are taking to the streets to protest against the changes also on the program the petrel was meant to say venezuela's ailing economy half a year after the cryptocurrency was announced we ask why is nowhere to be found and the mountains of plastic waste are polluting the environment and now a danish brewer has come up with a fresh idea to repack their six pack. this is the dog of business i'm crystal kober welcome the russian ruble has been hovering near a two year low against the dollar due to sanctions and overall concerns about emerging economies now the slump of the currency is adding to russian's woes as the government recently announced an extensive pension reform starting next year the retirement age will gradually increase ultimately forcing people to work much longer the reform was announced during the football world cup when demonstrations
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were prohibited now russians are taking to the streets. ha ha ha ha putin is a thief they call out because they're afraid for their pensions women are supposed to work eight years longer men five years the life expectancy isn't that high in russia only sixty seven point five years for men according to the moscow school of economics about a sixth of men don't even make it to the pension age complicating matters many older workers can't find more work. reasonably question i would have somebody wherever you go to look for work they pay particular attention to your age it's easier for younger people to find employment if you can be that we might think that at fifty it's already difficult if you already have a job before that you can work until you're eighty but if you lose your job after fifty it's very hard to find a good new one which is. a pension is a critical source of income for many often their only source maybe for some people
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was it. or was comes in small for sensitive food in conclusion. but. you also can russia may be near for pollution sport. and from europe. the european point of view more than eighty percent of russians are opposed to the pension reform in recent months thousands have joined protests and not just on the streets two point eight million people have signed an online petition rallies are also planned for sunday when many russians vote in regional and community elections. from russia to the united states the trump administration may be fighting with its trading partners but u.s. companies companies seem unimpressed with the pace of hiring quickened in august and wages grew at their fastest pace in nine years overall businesses added more
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than two hundred thousand jobs last month with the unemployment rate at three. point nine percent the u.s. economy is considered to be at full employment the u.s. federal reserve has said that on the such circumstances it would continue to raise interest rates. now for more let's cross over to our wall street correspondent and scored against which affected the markets more on friday the jobs figures or donald trump's threat to potentially hit all chinese imports with tariffs. yeah the story of the u.s. president on a drum actually might impose more tariffs on china that was really the big story here on wall street and at some point good jobs lost a good one hundred fifty points in value even if we could recover a little bit when the market closed but what would it mean if u.s. president really would kick in another two hundred sixty seven billion dollars in terrace that would mean that basically more or less all goods imported from china
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will see a tariff and as we are learning maybe even some apple products might be involved so that was the big story here on friday night and let's take a look at tesla shares plunged today that as for this footage emerged of c o e long must smoking pot in a webcast any connection there. oh well certainly investors were not too happy about those images and it has not been the only miss said from musk in the past couple of weeks there was this flip flopping about taking his company and taking tests that are private then he insulted the huge cultural old called someone a pedophile and now this whole wall street investors are quite concerned if it is really still the right person to lead and then on top of it the head of bookkeeping
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quit his job he wasn't even a month old saw it was one reason why the stock dropped by more than six percent so we have executives lesion leaving the c.e.o. in the headlines for what often seems the wrong reasons meanwhile tesla is still far away from reaching its own production goals what do investors make of tesla these days and going forward. well they're still probably have a good product at hand even of gold. for example analyst earlier this week said that competition is increasing also from german car makers and the goldman sachs analyst the saying that the stock could drop even in additional twenty five percent of seoul just was in the next six months so it is certainly a crucial time and the stock of tesla just in the past month has lost about one third in value in court in new york thank you. british airways has apologized after the credit card details of hundreds of thousands of customers were stolen their
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alliance as a criminal attack compromised around three hundred eighty thousand payments made between august twenty first and september fifth the carrier has promised to reimburse customers for any financial losses they saw for falling following the data after. a check in on the petro venezuela's new cryptocurrency a reveals it's nowhere to be found the reuters news agency says that after four months of research it has yet to identify a business or institution accepting it president nicolas maduro introduced the petrol with great gusto in february and cripple currencies like bitcoin were still riding high in venezuela's bolivar was mired in hyperinflation the current value of the petro also. now for more let's cross over to our correspondent oscar schrenker he joins me from caracas osgar the petro was announced half a year ago now it's nowhere to be found it's not used for payment or traded what
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happened. well what happened to it i threw is what happens with most of the announcements made by the government they just don't follow through or change a long way since there was announced a change from being a token on furia to a talking working on next launching so it's not a cryptocurrency to talking in june to superintendent of the cryptocurrency was fired and replaced with one that does not talk to the press and to this day there are only twenty six transactions with the petro which are probably just tests because it hasn't changed since it was launched so it's no surprise governments like the us restrict their use of the rules for right actions that searches aren't really necessary because we are no transactions to date and that what's the government saying about the situation well the government has actually angered the new minimum wage to the self-imposed cries of the banker which is about sixty dollars which is an increment of thirty five times more than the minimum wage
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last month so the consequences of a three thousand percent raids into the federal has been catastrophic for businesses and workers last month we saw massive amounts of layovers at those businesses i'm waiting to pay the new wages taxes and fees so for the government the fed through is a tool to impose more political control over businesses by offering buyouts and takeovers of these companies now venezuelans have been living in crisis mode for months now there is a shortage of food medicine and other everyday necessities is the missing petro a topic amongst them. well not really it was light and intangible but with the rapidly increasing the british and many people are clear that this is the minimum wage will have to work at the end of the not anymore and worried about finding your own way i don't think it's really at this point because money has lost it's work in the streets just a good example of proselyte you know hand today is the same as the possible time
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the pm last year or so when as well as are worried about tangible problems then the letter which can't be bought through good or accepted anywhere. venizelos cryptocurrency the petro nowhere to be found all scotland are reporting from caracas oscar thank you plastic as a problem a huge one millions of tons of the stuff are polluting our oceans and endangering wildlife more and more companies are slowly becoming aware that we can't go on like that and are trying to get rid of on an as unnecessary packaging danish for calls burke the world's number four in the sector has now come up with a fresh idea of how to repack their sixpack. it's a six pack with a twist carlsberg calls it a snap patch and the name is supposed to say it all these journalists were among the first to get their hands on one and it worked as promised but it's not just convenient it's good for the environmentalists normally you see such
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a sixpack there's a lot of. but this is wrong this was out almost any question. here this kind of feeling. clicking as well as all. you have it ready for serving the danish bird says gluing cans together will reduce the amount of plastic used in multi-packs by up to seventy six percent and that could mean they were duction in global plastic waste by more than twelve hundred tons each year that's the equivalent of sixty million plastic bags for carlsberg it's more than a marketing gimmick but it has one of those two it's built its own little mermaid alongside the original in copenhagen harbor and it's made out of plastic waste one hundred thirty seven kilograms worth the amount the brewer says the snap pack will save every hour. i think it's explained why not that wraps up our show if you want more check out our social media feeds or our web site that's t w dot com slash but
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for now thanks for watching coverage because. we've. got about. entering the conflict
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zone with tim sebastian. i'll be challenging those in power asking tough questions demanding. as conflicts intensify i'll be meeting with key players on the ground in the sense as i'm. sure the rhetoric holding the powerful to account facts conflicts. conflict zone with tim sebastian song d.w. . entry into going on a polar expedition. don't miss the story such a should johnson takes you along on a thrilling our own shilling johnny. if you can discover a new story and which. she tell you story on instagram. time for an upgrade. our furniture their clothes all by.
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coats with. your design highlights you can make yourself. tips and tricks that will turn your home simply special. upgrade yourself with t w interior design channel on you tube. london october sixteenth eight hundred thirty four the palace of westminster the old parliament building.

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