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tv   Business  Deutsche Welle  December 2, 2019 9:30am-9:46am CET

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and you know what time of voice is part. of the 77 percent speech issue. this is where. the 77 percent this weekend on d w. the 1st. it's cyber monday today the 2nd global shopping event after black friday last week even the pope is wondering now just how much consumerism can we still afford. and farmers across europe are taking to the streets they're fed up with being blamed for every bill of world society from meat production to pesticides it's. busy business in berlin welcome black friday house fast becoming entire black
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weekend was just leaving us no chance to catch our breath or wallets before cyber monday today is expected to be another record breaking day for online sales in the u.s. but with a deluge of digital deals now spreading told 4 corners of the globe there are warnings about the excesses of consumerism even the pope is concerned. pope francis' story an advent in that again city in jubilant fashion this year the start of the christian countdown to christmas happened to coincide with the now traditional festive shopping frenzy of black friday weekend and this time both came with a papal plea for restraint. brothers and sisters consumerism is a virus that affects the face at its root because it makes you believe the life depends only on what you have. his holiness has doubtless noticed the speedy
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spreads of the excesses of black friday across the globe these pictures are from devon in south africa. even cash strapped venezuela is in on the act showing that spending power hasn't completely deserted the country even of its own currency all but has many shoppers have been using u.s. dollars. everybody say 30 do you think there are a lot of people i mean a loss of people buying. any and i haven't seen so many in a very long time. given the economic situation we're in this is the best opportunity we have to continue. back in the home of black friday shopping malls in the u.s. may actually have been a little quieter over the weekend than in previous years for the 1st time a majority of americans saying they would rather shop online and that's why cyber monday is likely to be another record breaker with predicted internet sales of
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$9400000000.00 news that will please the retailers but probably not the pope. so the delay in frankfurt impressive figures they have a have we have we reached peak black friday. i think that that's definitely true over the past couple of years the sort of the mania surrounding black friday where as a kid growing up that you would sort of go directly to. to best buy after after thanksgiving dinner and things like that so that's definitely died down as people have been shifting more towards online sales this year cyber monday is expected to be about $2000000000.00 more in terms of sales so there definitely has been sort of a switch and which holiday is bringing in more and i think their companies have really there's been a difference on how little well they've reacted to this so that companies like amazon this is been a really big moneymaker some of the other big box stores like target have sort of
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shifted their their businesses to better account for that but for department stores more traditional brick and mortar stores the decline in black friday has been a big problem. overall the season is upon us could be another record so those 2. there's definitely optimism that this is going to be a really strong overall holiday sales season so sales are expected to rise about 4 percent including these holidays the cyber monday of the black friday there is a little bit of concern and in part because of last year they had also started the season with a really strong things giving a holiday week and then it really petered out over the course of december and part due to these ongoing trade to. government shutdown and the u.s. so there is a concern going into this but the broader picture is that you know the u.s. labor market remains really strong the economy is still growing so people are still
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spending but for a lot of companies a lot of retailers this is going to be a really important holiday a holiday season this is what really what they count on to bring them back into the black heading into the end of year so i think it's going to be really important to watch how this really impacts. joseph science with thank you. 15000 trucks is paralyzed last week as follows said enough is enough farmers of france have also take to the streets in recent weeks and protest against what they say is excessive environmental and. regulation city dwellers who have no idea about the realities of on the farms to dream up new rules and end up having to pave to build new infrastructure to keep up with the ever changing laws many family run businesses are facing bankruptcy. meets philip collison a 29 year old dairy farmer in the northern state of hunnish stein in germany his
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land cover some $170.00 hector's and he works together with his father an employee and an apprentice. they can shed was built 3 years ago and complies with the latest german regulation on animal welfare. for $150.00 cows at a cost of $6000.00 euros per account so that means for cancer around a 1000000 euros just in order to make money from the cows which is really working at the moment we get $0.34 for a liter of milk but the production costs are much higher so unfortunately at the moment it's a loss making business. the farmer says increasing environmental protection regulation is hurting his business soon he'll have to spread manure with a hose instead of this muck spreader the purpose of the new rules is to reduce the spread of the pollutants omonia. you know one nice start
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from january of next year i won't be allowed to use this manure spreader on farmland anymore and from 2025 not on grassland either this or require another investment of around 150000 euros. he's already reduced his own salary to cut costs relatives often help out for free as well he's bothered by pos he perceives as the poor image farmers have especially when it comes to animal welfare. money from the cows if they're not in good health we won't make money from them and we're expected to cover the costs for our own salary it's not going to cast him chalk is in his 2nd year of training the increasingly difficult economic conditions for farmers has prompted him to question his career choice. as an apprentice you lose motivation because all you see is the problems of businesses being crushed. like this at work . the operation is subsidized by e.u. grants. but the dairy farmer says he'd prefer to get
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a decent price for his products. he leaves little meat producers up to standard but it's being sold off dirt cheap you pay more in the shops for a liter of water than you do for a liter of milk this shouldn't happen and since we're doing to the standards. philip clausen is part of the growing protest movement within germany's agricultural industry some 100000 disgruntled farmers have linked up on social media enabling them to spread their message and organize demonstrations at speeds. and the other global business stories making headlines today the worst may be over for manufacturers in china official figures show factory to be growing in november the 1st time in 7 months. of private businesses points to the largest expansion in output and orders for almost 3 years as a. markets rose on that means. the outgoing governor of the bank of england mark
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carney will become un special envoy for climate action and finance in january the position was last held by us democratic presidential hopeful and billionaire michael bloomberg. will be paid $1.00 a year fortunately. turkey is economy returned to year on year growth in the 3rd quarter after last year's currency crisis sparked 3 consecutive quarters of contraction the turkish lira lost nearly 30 percent of its value against the dollar sending inflation and interest rates soaring. swedish electronics maker ericsson says it has enough capacity to supply europe's 5 g. infrastructure manager frederick he said europe would not fall behind chinese firms like for why they were excluded from building high speed mobile networks due to security concerns its. bangalore is famous for its i t sector. meet its role as the indian as the center of the indian aerospace
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industry but all those high tech credentials don't help with much more monday problems is 11000000 citizens produce a lot of waste too much of it remains on collected in public places and entrepreneurs now come up with a solution turning trash into fuel in the heart of bangalore garbage is festering everywhere this neighborhood is drowning in it the population has grown rapidly the infrastructure hasn't kept pace entrepreneurs so narayan has not enough he's teamed up with chemistry teacher padmashree battleground to encourage residents to separate their trash. he collects it as rule material. we're producing as an end product is about 90 to 94 percent of meat him which means it's much better than natural gas it can displace any fossil fuel. for all of these
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and so again the day we're creating of a clean clean renewable energy great. potential for bio gases huge normally $5000.00 tons of trash a day and in landfills and salters it's not only a waste of raw materials. it's the most unscientific waste our tax. causes d.v.d.'s the pollution creates again which is. a source creating. some marion wants to see less gaba jenning up in landfills and more of it recycles it would certainly boost his business he already has several plants in operation. this one process is over 13 terms of food waste
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a day for mighty and industrial parks under to created 70 jobs. to have. with. the business of. creating more jobs. so much already expanded into 2 for the states and has plans for more with investors getting on board the ways to feel business model could be a viable way for cities to finally clean up their act. it's
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. absolutely essential for some of the famous naturalist and explorer. to sing the bridge clicks on the phone while its 250th birthday we're embarking on a voyage of discovery. expedition boys on t.w. . we're going to unofficial estimates more than 1200000 venezuelans live in colombia legally and illegally. i'd return to.
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visit friends is that i don't think i'd ever go back there to live you know what i live there again i don't know so i'm not sure. bearing witness to global news that matters. made for minds. they called in arabic the word means revolution people in lebanon santo testing for weeks. christina a 21 year old student is on the front line in the capital beirut. where it's right now it's going to be. i mean at the end of the day what is the point of going and i think some others are like.
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it's early morning in the mountains on the outskirts of beirut this is where christina who studies media at a private university lives with her parents. the family is well to do but they're worried because living conditions are getting worse in lebanon for the middle class is too there are few prospects for young people. the power of our country going to thrive if everybody keeps leaving but also how are we going to stay here if there's nothing for us to stay for for me they're going to share it yes getting together putting pressure on the government to act it's.

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