asia indeed the world's 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 is home 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 embraced the annual spending spree with gusto some malls 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 and airlines are selling heavily discounted trips but this 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 probable young and well educated indians are leaving the country in a steady trickle favorite destinations the u.k. and the u.s. . and i knew 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 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 thing but i think that i know with a lot of the present situation of the economy i decided that this is a bank i think i should be dealing. i have had enough experience with walkers there 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 inflate it is amazing in india. we had 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 australia i'm 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 there used to migrate but now what i see is that. in

a month only 100 cases of we have finding work means migration is raising if we want 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. and for more on that let's cross over to our business of. 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 say a german economy it's more to do with domestic reasons and that. 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 presents have 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 government do to fuel. the rest of consumption and turn because of the around. the government has been taking measures in the past few months. rules for foreign investments they've cut corporate taxes they 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 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 no of then this to begin with there are more success stories to be heard and these are not success stories of people to live far away but in your neighborhood this neighborhood kid who's really done really really gone abroad and this to actually started with the boom in the id sector with india indian engineers being sought after so it is actually a process and i just want to and i would be a little is to link the current economic woes. the increase in migration because it's been a gradual process over the past few years now there's been a thank you for putting all that into context hong kong area

cathay pacific which will be training passenger capacity by 1.4 percent for the next year due to the ongoing protests that have to travel to the city that's according to reuters. to actually boost capacity to hong kong international airport company says the commercial environment continues to deteriorate and 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 a rest india asia. and not in some of the other global business stories making headlines today german car make a dime was as it will slash at least 10000 jobs worldwide a major cost cutting drive to help finance the transition to electric c.e.o. laughlin years said i had previously announced layoffs as the company. he is restructuring to adapt to changing the council said to be completed by 2022.

the number of unemployed people in germany has fallen to its goals level since 1990 in november fewer than 2200000 people were without a job as humans in germany are spending more boosting the economy and the job market. japanese beer exports to south korea hit 00 last month but boycotts sparked by a similar trade draw between the 2 engine neighbors japanese food exports in general were down almost 60 percent according to an age the figures show what began as a diplomatic feud over compensation for forced labor and world war 2 has evolved into a mine a 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 alcohol

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 rep 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 appear ready to find a compromise and to football in 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 buy 65 percent and of the club in the indian super league bollywood actor one because poor and accountant theme operatic own the remain the stake city football group also owns majority majority status in the new york city of c. and australian elite team open city. group

china great wall motors announced plans to build a plant in to produce electric versions of b.m.w. as many electric many as possible use and all electric vehicles account for at least 15 percent of global sales in the next 5 minutes started losing electric model of its spot the faults of england this year chinese factories schedules to go online in 2022 months lose 160008 took me. that's it from me and the business team. up right next.

earth home to millions of species a home worth saving. google ideas tell stories of creative people and innovative projects around the world ideas that protect the climate boost green energy solutions and reforestation. using interactive content to inspire people to take action global audience the environment series of global 3000 on t.w. and online. i'm not laughing at them well i guess sometimes i am but i stand up and whip it up and pretend you haven't thinks deep into jamma culture of looking at the stereotypes the question to me is think is leave the country that i now know i am. need to see the picture from his grandmother. to me it's all about a new i'm a job to go i mean for me the gentleman from d.w. . post most of em down to the give me

a fictional version but as affectionately as you can. slot a mere putin in the middle of his election campaign in the year 2000 a documentary was filmed for russian television but director vitali months they've captured me much more it was to turn the camera back on the movement of cargo and the film secretly krone gold a power grab actually everything was was seriously planned structure. featuring tom supporting roles to the freedom russia. and featuring a lead role like you've never seen before let me be clear with you. but me are 7 years of age do the ends justify the means. to tunes witnesses starts december 13th. on t.w.

. the book . this is you know really was live from berlin panic on london bridge central london is in lockdown this evening following a terror attack that left 5 injured officers called to a stabbing at london bridge near the u.k. parliament i witnessed video shows civilians tackling a man on the bridge before police shoot the suspected attacker. a mailman just minutes away from mars which was called wolves which is if you love the place and i can confirm that this suspect died of so you are now in a position to confirm that it has been declared a terror.