Skip to main content

tv   Business  Deutsche Welle  November 29, 2019 7:30am-7:46am CET

7:30 am
hence the people threatens the old order. cars. the start of an era that defines our. 1900. new day students december 23rd job. shop till you drop. out in droves to get a jump on black friday deals and it's no longer just an american phenomenon. was a coming up why and why young indians are leaving the country as india braces for the slowest g.d.p. growth in 26 months. on the world's largest brewer is making what non alcoholic and needs somewhere to put all that extracted alcohol we'll show you it's clever solution. i want to get to and this is your business well it's the year's most
7:31 am
important day for many retailers black friday and forget about the u.s. china trade war forget about climate change the day after thanksgiving is all about going shopping in new york shoppers have been queuing up outside the world's biggest department store macy's throughout the night keen to be among the 1st to lay their hands on the best black friday deals and this hunt for crazy discounts and deals is no longer limited to the u.s. black friday has become a global phenomenon. $45060.00 or even 70 percent discount the sky's the limit when it comes to black friday sales mania in the us people use the friday after thanksgiving to go out on a shopping spree for christmas presents or just for fun retailers have adapted to the surge and even extended it by adding cyber monday on to what became a long shopping weekend and black friday has long since trusty atlantica arrived in
7:32 am
europe for several years now retailers in germany have also been ramping up their business with a myriad of special offers with consumers out hunting for real or imagined massive savings. we're expecting an increase in revenues for this year's black friday and cyber monday of somewhere in the region of 3100000000 euros in the retail sector that's an awful lot we can see that in recent years its full was boosted sales by 20 percent the occasion is more widely known and people are getting used to it. it's just it's. black friday and cyber monday and germany's biggest and most important days for retail sales not only in the run up to christmas but for the entire year. all right and how big a deal is black friday in germany already but standing by for us in germany financial heart of frankfurt only where are all the people. yeah they're not out in
7:33 am
droves i'm here practically by myself but frankfurt is just coming to life it's about 7 30 in the morning but i already talked to some people who were lining up a staff and b. customers and in the store behind me what you see there brightly lit up it's called available mode jack jones i hope i'm not making too much advertising there you see 25 percent on the yellow sign and i asked the group of young women who were waiting out in front for the store to open at 7 what are you doing here for 25 percent and they said yes but for the 1st 50 you get 50 percent they were pretty well the only customers i met this morning they were looking forward to shopping that brought lots of money 11 of the girls had particular item in mind i went over to the apple store that had not yet opened their i met staff and the staff picture is a different one they're not looking quite as much forward to this day and they say
7:34 am
that over the years the stationary business where these people are working who are in these stores has gone downhill the sales of the weight waned while on line as is thriving i just briefly what i mean is like friday really a day with good deals for consumers. well you really have to look hard and when you find a high percentage sign i think you have to compare it to what's usually on offer and when you look at this 50 percent sign i assume the girls that their homework but one really has to look carefully and you also have to look carefully if there's something really with a high percentage discount is it new stuff or is it old stuff that they want to get rid of it's up to the consumer don't trust the advertising all right now quickly go to the woman dr frankfurt stock exchange thank you so much it's right it's raining . and now to some of the other global business stories making news. you lawmakers have approved an increase in u.s.
7:35 am
beef exports a consolatory jesters both sides square off on trade issues the move grants american beef producers a greater share of a preexisting $45000.00 tonne foreign beef quota which has mostly been dominated by australian and south american producers. europeans are one step closer to being able to file class action lawsuits majority of member states approved a proposal of thursday allowing european consumers to together in court driving the issue has been a massive diesel emissions scandal of recent years. and india now the finances of football the parent company of english premier league club manchester city is to buy a majority stake in india's mumbai city manchester city's owners city football group is set to buy 65 percent of the club in the indian super leak bollywood actor ranbir kapoor and account to be mark parikh own the remainder stake city football
7:36 am
group also owns majority stakes in new york city f.c. and australian a league team in melbourne city. staying in india the economy there is losing steam fresh g.d.p. data do later today is expected to show the economy at its slowest quarterly pace in more than 6 years low consumer demand and private investment we can further global slowdown hit exports now more and more young indians consider to leave the country for better prospects approach ideally in the united states or in britain. and only about uses every spare minute to swat up on law the delhi attorney wants to apply for a master's degree in london she thinks it will improve her career chances but 26 she wants to put india's economic crisis behind her i have been thinking about doing here are doing my masters for a very long thing but i think that i know with over the present situation of the economy i decided that this is that i think i should really. have had enough
7:37 am
experience with walkers though so i thought that this is the perfect thing. the latest figures show the indian economy growing at only 5 percent the lowest rate for 6 years and too little for an emerging economy like india unemployment is climbing with 37 percent of 20 to 24 year olds out of work and almost 11 percent of the 24 to 30 age group. those who have work like an army and her friends are often unhappy about their pay levels and career prospects. i don't see much growth in terms of salaries that we are getting and how the inflation is raising in india. we have legs stagnant away balance is very very all not bad but i would say ability of a less us compared to the foreign countries especially in countries like london
7:38 am
australia and canada the workload balance is very good you have a good balance i mean you're paid right. immigration has something of a tradition in india the u.n. estimates that some 17 and a half 1000000 born in india now live abroad and the current economic weakness could easily provoke another exodus and anya still has a lot of questions about going abroad and she sought out a visa agency in delhi they've had a lot of inquiries recently. if you talk about. 10 to 15 years and there was 100 cases produced a magritte but now what i see is. in a month only 100 cases of we have filing which means migration is rising if it wants to there's no harm in trying you know nor i mean i am i did get a good opportunity to settle down that if it works out and then you will move to london next year for her master's and her grade is good enough she'll have a chance of settling there for good or more let's cross over to. india desk
7:39 am
top what's holding the indian economy back. well monica as you mentioned of for and it's a mix of both external and domestic reasons externally it is feeling the heat from global trade was all around like the all the other countries but since the indian economy is not as dependent on exports say as as much as say a german economy it's more to do with domestic reasons and there is a liquidity crunch especially after the collapse of a major shadow bank last year and also major banks are actually have been saved at this point of time to do a lot more money that's because they're dealing from huge debt of huge piles of debt and that's the reason but the elephant in the room is really a drop in private consumption specially in the rural areas private consumption accounts for a huge chunk of the g.d.p. data and that's what being because that in return is causing companies to hold back
7:40 am
on their investments and that is actually a major reason why the g.d.p. numbers are looking so. and what exactly could government do to turn the economy around well the government has been taking measures off later in the past few months their investment rules for foreign investors they're also cut corporate tax that was a major reform and the fact that they have actually embarked on a very ambitious a privatization drive but experts feel that they need to do much more i mean much more in terms of structural reforms that would be basically reforming the land ownership laws whether it and also the labor laws so these are the things that experts are actually looking forward to from the government. and i mean we've heard that there's always been a huge there's a community in the united states and britain in particular just very briefly what's different this time. but there's certainly more exposure there's a booming with many flaws which is now are listening to these success stories of
7:41 am
not people very far away but people in the neighborhood this neighborhood kid going abroad doing this is specially after the boom in the id sector with indian engineers being sought after everywhere abroad and so that's a major reason why people are looking at opportunities abroad now all right as it has pandey thank you so much. alcoholic berries growing in popularity but brewing requires action removing the alcohol from the production tanks what can be done with the excess alcohol all the while a bee in bed has come up with a sustainable solution the eco her company has been making eco friendly dishwashing liquid for years and now it features an unusual ingredient leftover alcohol which has been up cycled from on a b. in bed brewer in the from belgium they'll cause a by product of the company's range of alcohol free beers and passing it on to the
7:42 am
detergent company is hoping to achieve its sustainability goals as the fall go through the roof of sustainability goals as well move the focus on so fill in the oval to upside the all of the bullets not only the elbow but also all the grains that's the good the risk greens that we have from the eco system and also the 1st least we destroy the plates distillations and making them even better quality to make sure this place a bit of this nation then they have today. and and that's all from me and the business team here in berlin thanks for watching.
7:43 am
it's going to end now completely affectionately agent but as affectionately as you can. be mayor pro tem in the middle of his election campaign in the year 2000 the documentary was filmed for russian television to turn the camera back on of course the film secretly chronicled a power grab actually everything was precisely planned instruction. featuring top supporting roles. to the freedom of russia. and featuring
7:44 am
a lead role like you've never seen before. but i'm here for marriage to the ends justify the means. to teens witnesses starts december 13th on g.w. . of these are scenes from what's being touted as the years smartest and funniest spill knives out sharpens the murder mystery genre as a whodunit isis in which contemporary america is the fix. and it's that time again one welcome to arts and culture we'll get the real knives out in just a moment and also get the goods on these stories. in times of artificial intelligence
7:45 am
and virtual reality german artist louisa clément explores what it means to be human in our digitally dominated age and. she's been on stage since she was a kid but now a polish based sensation which is shaking up the jazz scene and very coolly bringing her 4 strings into the spotlight. and we're in for some fun with this $19.00 pages homage to the golden age of whodunit films agatha christie a director ryan johnson's brilliant trick is to bring the whole thing into the modern age and set it squarely in the trump era lit delivers more than its share of punches of america's gaping social political divide while the dynamite cast simply has a field day with it starting. if you've heard this one before a wealthy crime writer celebrating his 85th.

32 Views

info Stream Only

Uploaded by TV Archive on