tv Business Deutsche Welle November 29, 2019 10:15pm-10:31pm CET
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from watching the news still to come despite those climate protests bargain hunters are in a shopping mood and they're hoping to take advantage of big discounts on black friday u.s. retailers are optimistic about robust sales this holiday season. all the more coming up with see even beardsley in the meantime all the latest news and information available around the clock on our web site that's dot com i'm common sense washington. but i do need to keep a debate about it will go for the over correction home the 4th time for the most recent article about. the falaise at the last dragon which were called the 3. degree books on.
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logo to the euro max you tube channel. close to a good line of story. with exclusive. the must see concerning heartland culture keep your a. place to be curious minds. do it yourself networkers. so subscribers don't miss out. it's that time of year again black friday draws big crowds around the globe but a day devoted to big discounts and frenzy shopping is also a gauge of the u.s. economy look at what american retailers are expecting this year. also on the show the ongoing protests in chile are growing more violent and hitting the pocketbooks of many citizens. and the indian economy is struggling but as more of its youth
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looking overseas for better fortunes. if this is your business report i'm stephen bears in blood thanks for joining us. love it or leave it black friday is part of the calendar now a day of over the top deals and big retailer hopes this year's been no difference although some participants are in a less than festive mood. santa claus in los angeles makes it obvious to one and all black friday is about christmas is just around the corner so by mountains of presents or just spoil yourself but by by by. black friday arrived in europe years ago like here in paris where consumers are also scrambling for bargains but this year in paris and many other european cities climate activists have joined the throngs they're making sure everyone gets to hear their protests against consumerism wasting a finite resources on packaging some shops shut their doors to stop the activists
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from protesting inside many customers were suddenly locked in and only a few were allowed into time the climate activists are calling it block friday the idea being to block the shopping spree to publicize their environmental concerns. i don't find it protesting against over consumption today we can consume more fairly more ethically so when you buy a handbag don't get a new one every year to change the color keep it it lasts 10 or 15 years. from block friday back to the u.s. on black friday shoppers are more interested in finding bargains than worrying about climate change or the downsides of consumerism but what i am so you know the anticipation you see behind us is a lot of people who want to be the 1st person to get what you want. traditionally black friday is the most important sales day of the year the u.s. retail sector depends on it being a success. so how hopeful are american retailers for
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a big holiday season our financial correspondent in new york ian's korda had this to report. hopes are up on wall street that it will be a very good shopping season this year around the holidays than expectations are that maybe for the very 1st time ever holiday sales could surpass the one trillion dollar mark here retail sales could be up by about 4 percent in comparison to last year unemployment rate is on historical lows the economy is growing and obviously the u.s. consumer is not too various at this point at least about the trade tension between the u.s. and china wall street in general on friday showed a little bit of weakness but that didn't really matter that much in the shortened trading. for the months stocks are up here on wall street by about 4 percent and it was a record breaking month and now the big question is is there still some the left for
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a possible year end rally. financial correspondent yes quarter there now to south america the ongoing protests in chile began 5 weeks ago in santiago after a planned subway fare hike and they flared into a youth fueled airing of grievances against the government a growing violence has hobbled public transportation led to curfews and forced workers to stay home taken together it's hitting the livelihoods of many for drinks and to tear gas goggles scarves to use as masks or even just simple t. shirts the streets on the fringes of santiago's protests have become something of a bazaar a lot of the street vendors here side with the demonstrators but offering things for sale here is more a matter of naked survival the months long protests have left people very little chance of earning money in any other way many companies and businesses have shut down. my job ended with the demonstrations and sort of prices i have to find a way to earn money and one of the ways is to come here and tough things during the
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demonstrations. but it's not easy to earn money here in particular because most of the protesters haven't had a regular income for months. there is no money you can see the country's decline people aren't spending any more it's hard to earn even a 1000 pesos sylvia mirman is struggling to make ends meet since the protests descended into violence on a daily basis her restaurant has been virtually deserted. they announced a curfew that so we can't open the staff don't turn up because they have freight customers don't come because they're afraid it's a vicious circle. a shopping center was plundered not far from the restaurant. and an increasing number of people are arming themselves even average citizens who have nothing to do with the protests that alone is enough to boost the already high
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levels of anxiety here. but out now to some of the other global business stories making news german unemployment has fallen to its lowest 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 german automaker dialer says it will slash at least 10000 positions worldwide by 2022 part of a larger plan to help finance its transition to electric cars is the 3rd cost cutting announcement this week from a german automaker following volkswagen and audi dimer says its plan will seek to avoid forced layoffs. over asia now hong kong carrier cathay pacific says it will trim passenger capacity by 1.4 percent for next year it cited the ongoing protests that have hampered travel to the city that they had planned to actually boost capacity to hong kong international airport the company says the commercial
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environment continues to deteriorate in another sign of trouble hong kong's tourism sector discount carrier hong kong airlines also announced that it is delaying payments to staff for this month saying its business has been severely affected by the unrest in the asian hub india's economy grew by 4.5 percent in the 2nd quarter as the smallest uptick in over 6 years the current slowdown is linked to a slump in consumption itself related to rising unemployment analysts say asia's 3rd largest economies also feeling the effects of global trade conflicts now for some countries a growth rate of nearly 5 percent would be a dream in india it's cause for alarm and that's how people in the country young and well educated indians are leaving in a steady stream their favorite destinations the u.k. and the u.s. . felony about uses every spare minute to swat up on law the deli attorney wants to apply for
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a master's degree in london she thinks it'll 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 prison's it's really simple the economy i just thought that this is the thing i think i should be being. or i've had enough experience with walkers there so i thought that this is the perfect thing on. 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 have friends are often unhappy about their pay levels and career prospects. i don't see
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much good in domes of salaries we are getting and how they inflate it is that easing in india. we had legs stagnant away what lays balance is they very well not bad but i would say ability bayless as compared to the foreign countries especially the countries like london australia i'm gonna die 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 un 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. 15 years and there was a 100 cases produced but now what i see is that. in
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a month only 100 cases of we are fighting for it means migration is raising if we want to there's no harm in trying you know no i mean i might just 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 if a grade is good enough she'll have a chance of settling there for good. b.m.w. group and china's great wall motors have announced plans to build a plant in jiang sue to produce electric versions of b.m.w.'s many electric many as part of b.m.w. aim to have all electric vehicles account for at least 15 percent of global sales in the next 5 years many started producing an electric model at its plant in oxford england this year the chinese factory is scheduled to go on line and 2022 and produced one $160000.00 electric minis per year. well many thought it might never happen but the developers of berlin's long overdue airport known as b e r have set
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a firm date for its opening october 31st 2020 and the project will be 9 years overdue and a staggering $5000000000.00 euros over budget the opening has been postponed multiple times for reasons including contractors going bust planners dropping out and fire safety standards not being met now in 11 months for letters could finally see the 1st flight leave the tarmac although many will only believe it when they see it. including me and that's it for me and the business team you know of course find out about these and other stories online d.w. dot com slash business be sure to check us out on facebook and twitter i'm stephen bears in berlin thanks as always for watching.
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of 60 minutes. on. earth. home to movies of species. a home worth saving. those are big changes and most start with small steps. to tell stories of creative people and innovative projects around the world. was that the climate used drainage solutions and reforestation. to create interactive content teaching the next generation about mental to church. music channels available to inspire people to take action. and worship turning to gain something here for the next generation the idea is for the environment series of global 3000 on and on line.
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was the speech of his life perhaps his best certainly his most difficult chancellor helmut kohl addresses the people of east germany shortly after the fall of the wall. the crowd clamors for german unity journalist peter lim borg wasn't just singing. 30 years later he looks back on the type of system. starts december 19th. w. but. there's a news africa coming up on the program where africa is still battling with high infection rates botts taking of condoms is raising awareness on this tribute in thousands of condoms in kenya with a hold over me for your future also coming up. changing perceptions of food i'm trying to shift our watch chef is transforming cuisine and attitudes in
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