indeed the world black friday 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 the night in to be among the 1st to lay their hands on the best black friday deals and this one for crazy discounts and deals is no longer limited to the us black friday has become a global phenomenon. shoppers and distributors in hanoi have embrace the annual spending spree with gusto some morals have been running the discounts all weekend extending their opening hours to reap the black friday bonanza. then sold out revenues are up 30 percent there are many more customers. even travel agencies in airlines are selling heavily discounted trips but there is close government monitoring of this capitalist phenomenon. focuses to monitor all the discount programs to make sure they follow regulations we also inspect product origin labels

and quality. government television reported last year that nearly 90 percent of vietnamese people took part in the event not even communist vietnam is immune to black friday to india where the economy grew only by 4.5 percent in the 2nd quarter that's the most sluggish it's been in over 6 years current slowdown is due to a slump in consumption related to rising unemployment in this 3rd largest economy is also feeling the effects of trade conflicts elsewhere for some countries a growth rate of nearly 5 percent would be a dream india it's alive. and that is palpable young and well educated indians are leaving the country in a steady trickle favorite destinations the u.k. and the u.s. . an army of dark 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 at 26 she wants to put india's economic crisis behind her i have been thinking about doing it are doing my masters for a very long but i think that i know with a lot of the presences recently on me i just thought that this is it i think i should be booming. i've had enough. with walkers. 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 and her friends are often unhappy about their pay levels

and career prospects. i don't see much good in terms of salaries that we are getting and how they should is raising in india. be a leg stagnant away what lays balance is they very well not bad but i would say ability of a less as compared to the foreign countries especially the countries like london australia i'm gonna do all the workload balance is very good you have a good balance i mean you're paid right. i mean gratian 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 a 100 cases produced a maggot but now what i see is. in

a month only 100 cases we are fighting for it means migration is rising if it wants to go there's no harm in trying you never know i mean i might just get a good opportunity to settle down that if it works out and you will move to london next year for her master's if her great is good enough she'll have a chance of settling there for good. and for more on that let's cross over to our business. india has long been seen as the emerging powers next to china what's holding it back again idea it's a mix of both external and domestic reasons externally india like many other countries is feeling the heat from global trade wars but since the indian economy is not as dependent on exports as a german economy it's more to do with domestic reasons and that's pretty and predominately predominantly it's to do with the liquidity crunch and especially

after the collapse of a major shadow bank there has been problems of cash in the system in the market the mainstream banks are also prince of to do a lot more money because they're reeling from huge piles of debt but elephant in the room really is consumption private consumption has fallen and that is actually prompting many companies to hold on their investments what can the government do to fuel. domestic consumption and turn because of your own. the government has been taking measures in the past few months easier routes for foreign investments they've cut corporate taxes they're also announced an ambitious privatization program but experts fear that the government needs to do much more i mean they need at this point of time to go for structural reforms in labor laws in things like land reforms so there have to undergo that because they do need to have

the fiscal space to spend a lot and that's a reason why they are going on this privatization drive to actually get some more space there there's always been a big indian ex-pat community in the u.s. and in britain with all these young people leaving india right now what's different well there is more of in this to begin with there are more success stories to be heard and these are not success stories of people somewhere far away but in your neighborhood this neighborhood kid who's really done gone abroad and this actually started with the boom in the id sector with india indian engineers being sought after so it is actually a process and at this point i am i would be a little cautious to link the current economic woes. the increase in migration because it's been a gradual process over the past few years now. thank you for. hong

kong area cathay pacific airways will be trimming passenger capacity by 1.4 percent for the next year due to the ongoing protests that have comforts travel to the city that's according to reuters nothing planned to actually boost capacity to home international airport company says the commercial environment continues to deteriorate in another sign of trouble to hong kong's tourism sector discount carrier hong kong allan's also announced that it is delaying payments to staff for this month saying its business has been severely affected by an arrest india asia. and now to some of the other global business stories making headlines today german comic a dimas says it will slash at least 10000 jobs worldwide in a major cost cutting drive to help finance the transition to electric c o'loughlin hughes said had previously announced layoffs as the company. he is restructuring to adapt to changing com accounts set to be completed by 2022.

the number of unemployed people in germany has fallen to its close level since 1990 in november fewer than 2200000 people were without a job consumers in germany are spending more boosting the economy and the job market. japanese beer exports to south korea hit 00 last month amid boycott sparked by a similar trade between the 2 asian neighbors japanese food exports in general were down almost 60 percent according to broadcaster and age the figures show what began as a diplomatic feud over compensation for forced labor and world war 2 as evolved into a minor trade war affecting more and more industries. calls not to buy beer and other products from japanese companies have led to a substantial reduction in trade more and more store owners have joined the boycott movement south korea is no longer one of the biggest markets for japanese outcall

according to the news agency kyoto korean spent a paltry $7000000.00 u.s. dollars on beer last month far less than usual. and it's not just sales in the amber brew that are suffering the trade war has hit various industries from japanese carmakers to korean electronics suppliers but now both sides seem willing to settle their differences. the 2 countries agreed to hold export control policy talks in tokyo in the 3rd week of december. to challenge it all. the trade riff started last year over compensation for wartime labor south korean courts order japanese firms to pay compensation to koreans wartime laborers japan condemned the rulings arguing that the dispute had been settled in 1965 when diplomatic ties were normalized between the 2 countries it

then went on to tighten controls on south korean exports targeting materials used in memory chips and display screens that are vital for companies like samsung. the 2 countries then removed each other from their list of preferred trading partners making export in goods more difficult but as both sides hurt financially they have peer ready to find a compromise. and to football and the finances of it the parent company of english premier league football club manchester city is to buy a majority stake in india's mumbai city city football group is said to by 65 percent in the of the club in the indian super league bollywood actor and be a kapoor and accountant female operator own the remainder stake city football group also owns majority majority stakes in the new york city of c. an australian a league team melbourne city. group

china great wall motors announced plans to build a plant in to produce electric versions of b.m.w. as many electric mini as possible and to have all electric vehicles account for at least 15 percent of global sales in the next 5 minutes south of losing electric model of the spot the faults of england is yet chinese factories schedules to go online in 2022 and produce 160008 took me. that's it from me and the business team here in the. news.

thank you. india.

to misery. in trenton teen devastating damage destroyed dishonest can even villages. survivors started creating dollars from damage clause giving up was never an option. a story of success. in 30 minutes gone d.w. . it's all happening go to visit a friend of. your link to news from africa and the world. your link to inception stories and discussions hello and welcome student news after going program tonight from funny to me from the news of easy now i would say d.

debited comes the traffic come join us on facebook at g.w. africa. sometimes and now i'm going affectionate later but as affectionately as you can. hear from tonight in the middle of his election campaign in the year 2000 a documentary was filmed for russian television. to turn the camera back on of course the film secretly chronicled a power grab that actually everything was precisely planned instruction. featuring top supporting roles to the freedom of russia. and featuring a lead role like you've never seen before. but the mere fact of marriage to the ends justify the means. to jin's witnesses starts december 13th on. w. . o.

go above the be . this is the deal we need is live from berlin reports of shots fired in central london as authorities say they are dealing with an incident police say they will call to a stabbing at london bridge near the u.k. parliament local sources say finest people work injured police are evacuating the area. and a day after one of the deadliest protester rocks and battle prime minister and announces his.