Skip to main content

tv   Business - News  Deutsche Welle  September 8, 2018 5:02am-5:15am CEST

5:02 am
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 a change 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 it 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 russians 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
5:03 am
were prohibited now russians are taking to the streets. 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 for 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. now with the submission 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 any of 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 can get. a pension is a critical source of income for many often their only source maybe for some people
5:04 am
was it. or was making income so it's not for sensitive. but. you also can russia may be near for pollution in sport. and from europe to. point a few 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
5:05 am
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 under 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 threats to potentially hit all chinese imports with tariffs. yeah the story that u.s. president donna drum make chili 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 wanted to kick in another two hundred sixty seven billion dollars in tariffs that would mean that basically more or less all goods imported from
5:06 am
china will see a tariff and as we are learning maybe even some 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 footage footage emerged of c.e.o. ilan musk smoking pot in a web cast any connection there. oh well certainly investors were not too happy about those images and it has not been the only misstep 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. told called someone a pedophile and now this whole wall street investors are quite concerned if musk is really still the right person to meet tesla and then on top of the head of
5:07 am
bookkeeping quit his job he wasn't even a month so all of that old saw was one reason why the stock dropped by more than six percent so we have executives leave 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 is 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 scott in new york thank you. british airways has apologized after the credit card details of hundreds of thousands of customers were stolen their
5:08 am
alliance as a criminal attack compromised around three hundred eighty thousand payments made between august twenty first and september fifth the carriers promised to reimburse customers for any financial losses they saw for folly following the day after. a check in on the petro but as good as new crypto currency 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 petrol also unknown. now for more let's cross over to our correspondent oscar shrank or 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
5:09 am
happened. well what happened to that 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 the paper was announced it changed from being a token on furia to a talking working on nance 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 prints or actions with the petrol 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 at least for right actions that we service aren't really necessary because we are no transactions to date and what's the government saying about this situation well under the government has actually angered the new minimum wage to the self imposed prize of the better which is about sixty dollars which is an increment of thirty five times more than the minimum wage last
5:10 am
month so the consequences of the three thousand percent rates into the federal has been catastrophic for businesses and workers last month we saw massive amounts of layovers of those businesses i'm able to pay the new wages taxes and fees so for the government that there was 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 petrol and topic amongst them. well not really there's always left and intangibles but with the right believe in hyperinflation many people are clear that this is the minimum wage will have to work the end of the month before i worried about finding cheap food or on the way home in this way not just because money has lost it's words in the streets just a good example of prosecutorial hand today is the same as the possible tonic and
5:11 am
last year or so it will as well as a real worry about tangible problems in the metro which can't be bought proven or accepted anyway. and as it has come to currency there petro nowhere to be found all scotland are reporting from caracas thank you plastic is 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 or 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 the 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
5:12 am
such a sixpack there's a lot of question but this one this was out almost any question it's here this kind of feeling. click 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 of brewer says the snap pack will save every hour. or they would say. that wraps up our show if you want more check out our social media feeds or our website that's t w dot com that's from
5:13 am
our thanks for watching coverage of. the.
5:14 am
house a view of the world. where i come from left over that's good to cisco just like this chinese for good measure where i am i suppose which reminds me of home after decades of living in germany china so it is one of the things i miss the most but better taking a step back i see something of a new type of differential in our movement of goods personally going asia and the fact that it's just a as a part of the war haven't been implemented as in china a match new for a lot of chinese people wondering if they're going to say to a lot of people have a right to laramie that is this is their job a job that of them how i see it and that's why i left my job because i tried to do it exactly an hour a day. and i watch it that you. have
5:15 am
a chance of going on a polar expedition and then don't miss this story such a should johnson takes you along on the thrilling of. the. week you can discover the story and locate. easily a story on instagram. we make up about three quarters of our folks that conduct that if we are the civil service or . they want to shape the continent's future. to be part of enjoying african youngsters testing share their stories their dreams and their challenges. the seventy seven percent. platform specific charge.

28 Views

info Stream Only

Uploaded by TV Archive on