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tv   Business  Deutsche Welle  January 2, 2020 3:15am-3:30am CET

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tata living on a country held hostage for now i'm anthony howard in berlin thanks for joining us. and colby producer. seated in the last. hour. from now on through to her dark corner of the car for good. or for good or to look
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back. over. their lives this is. the mindset talking to. them in. california as landmarks give economy law goes into a fact could it all shred big changes for tech firms like hoover and what expense for freelancers some of whom say they're already losing clients. also on the show french workers are up in arms over pension reforms for young tech entrepreneurs say the country is doing right by them. and we'll talk to american author jeremy rifkin who argues the u.s. needs to massively overhauls economy to become greener. this is your
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business report i'm stephen bears in berlin it's good to have you with us california both one of the world's largest economies raking close to the u.k. in total annual output or g.d.p. that's one multinational firms pay close attention to regulations in the state and that's why the world is watching california's new gig economy law which went into effect wednesday the measure aims to protect free lance and contract workers by requiring many to be reclassified as employees but there's a lot of controversy around the law. the new california law says some independent workers will have to be treated as employees that means they'd be entitle to minimum wage overtime payments and benefits including health care before the law took effect workers for companies like it were classified as independent contractors as a result right hailing company goober and korea company post might launched a joint legal action against the state of california they argue that the law is
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unconstitutional and will kill the gig economy which makes their business models possible by also say they can't afford to pay social security and health plans for those who work for them meanwhile some contract workers have complained that their clients have dropped them as a result of the new law apt deiced jobs were 1st tiled as a way for workers to pick up a little extra to make ends meet but for many workers they're now the sole source of income despite the long hours low pay and lack of security or benefits. french trade unions have called for more strikes this month after president manuel mccall pledged to continue with his plan to reform the country's pension system because of the government wants to compromise with unions they want the government to abandon its plan to install a uniform retirement system in place of dozens of industry specific plans nationwide strikes have crippled public transport in recent weeks further strikes
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would come as schools and businesses start back up following the christmas new year break. them across may not be the most popular man on present streets but things of different station in paris that's a start up campus that's home to hundreds of small tech businesses and where young entrepreneurs say france is doing everything right by them. paris is trying a fresh approach to startups in this unconventional work space young entrepreneurs are encouraged to think outside the box to 24000 square meters station after claims to be the world's biggest startup compas with a 1000 firms president emanuel mccall hopes the accelerator will help ours compete with silicon valley. i'm serious he was put on the ecosystem it wasn't this one said we have a unique situation we have startups in large us european and asian companies shot of the projects right from the start having all of this under one roof is unique. at this german startup they keep their boxing gloves close in hand but they prefer
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to leave the actual sporting side to their clients they're working on an online platform for athletes and they say paris is the ideal environment. for the french government has made it very easy for foreign companies to set up a business here lucky that the french president is young dynamic and committed to startups so that. the french government wants to newer global entrepreneurs with tax breaks and by cutting red tape that's why this is talian startup set up a subsidiary office at the station at compass they help holiday makers find a skipper for sailing trips. and from. anybody to create the company very very quickly. and to start a business or to grow varmints you they want to keep growing into could be present and international to do course for you very. well it still trails san francisco in
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london station f is helping powers to stop it it's self is a tech hub. european aircraft manufacturer air bus has overtaken boeing to become the world's largest plane maker by deliveries the 1st changing of the guard since 2011 that's according to industry sources the ever succeeded forecast sales to deliver $863.00 aircraft in 2019 nearly 8 percent more than the year before u.s. rival boeing is still hurting from the grounding of at $737.00 max which is expected to continue well into this year the news comes despite air bus cutting its $21000.00 to liberty go in october citing industrial problems. and one of the biggest trends we'll be following this year is how climate change is affecting the board room in economic policy one of the most ambitious climate change strategies so far was presented by u.s. presidential hopeful elizabeth warren just before christmas and it promises to be as much about the economy as about ecology and the plan will mobilize nearly 11
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trillion dollars in public and private funds that huge injection and energy infrastructure would supposedly generate over $10000000.00 new jobs and $28.00 and the payoff would be national power of national power grid that is totally emissions free within 15 years so the plan says the scheme is just the latest expression of the green new deal in america the idea that an ambitious and quite expensive complete green overhaul of the u.s. economy is necessary a reporter all over salad in washington met up with one of its strongest proponents economic theorist jeremy rifkin he says markets are already beginning to drive a change let's listen in i think what people don't understand is the entire civilization is made out of fossil fuels are fertilizers and pesticides are construction materials are synthetic fiber are packaging. food additives and preservatives are power and transport are like everything so what's happened now
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ever is that we are now in a pivotal turning point for this fossil fuel based industrial civilization. we have now spewed so much carbon dioxide into the atmosphere to maintain this industrial way of life that we now find ourselves in real time climate change frigid winter of 70 below 0 and blockbuster winter snows massive flooding across our land masses in the spring summer droughts and wildfires on every continent hurricanes and typhoons across the entire autumn of every year around the world our scientists are now telling us we are in the 6th extinction of life on earth so you are essentially describing a situation where the change will come from the economy rather than from politics is that right and which role will the markets play this year the level lies cost of solar and wind has just plunged below natural gas and way below nuclear and coal so
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what's happened is we're seeing trillions of dollars of fossil fuel assets all the pipelines that will never be used all of the exploration rights they've been paid for by the old industry which will never amortize out all of the fossil fuels in the ground which we never taken up because they're more expensive so what we're seeing here is a massive collapse of the fossil fuel civilization because the market is speaking. u.s. author jeremy rifkin speaking with oliver salih there that cleaning up the transportation sector will be a major part of any green initiative and also a public health need for many cities around the world take calcutta and india a new scooter start up their hopes that can provide the model for cleaner highways . the bright yellow taxis and don van coms will tell you you are in called no no university as the city of joy. but the city also faces major difficulties like lack of public transport and
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traffic pollution. electric scooters could help it used to but enough pollution especially if filio ill but. for the vast majority of indian didn't have a life and that was the market that we wanted to tap we did a little bit more research and found out that electric scooters where the speed is capped at 25 kilometers an hour doesn't require a license to write and that was the aha moment. did you not founded his rental scooter service in kolkata over 2 years ago with 60 scooters. he runs a fleet of 85. that rental service works while. clients can pick up and drop off the scooters x. 7 different points across cog on average a scooter is used by 3 to 4 right as a day. is perhaps one of the. lions big sur 2 different congers of the city. did was act i'm going to have several
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things to do in a day i intend to buy for the full day are i didn't i leave basis i invariably end up spending less than if i had to take a bus a cab on the tram oh well says i that come what they have that corporate customers like this food delivered and get even better rate a strategy which he does. we also raise the risible of east coasters. political thinking about that is both we're going to talk more to cause i don't clearly new. friends who are using their own bikes to do this job to spend a lot on maintenance so i guess the biggest benefit to me just going to all sides. that is them go out he would think that over 60 percent of the he goes in kolkata hardest and isn't good but it is hard for businesses to find investors for a mission free rental systems since this is an extremely new modern bands are on
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willing to finance it as the founders of expedience however devoted consider changing that approach. and that's it for me and the business team here find out more about these and other business stories online at d w dot com slash business and you can also find us on social media like facebook and twitter will leave you with a quick look at global markets that's it for me souvenirs lay in berlin thanks for watching.
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after. the. game is over after the r.p. injuring. 6 men get unity and freedom without borders. is on the consonants discontents is on the wrong side. door it was a way to set the next level. made in germany next details. enter the conflict
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zone come fronting the powerful. ethiopia has come a long way in the short time as a new peace deal with eritrea a new prime minister hardly disciplined to bring accountability for the human rights abuses of the hostages and up my guest this week here in brussels this is previous haile mariam to deselect. conflicts of. 60 minutes on g.w. . for. 15 years of religions for peace table so many different things are working together toward a common goal the peaceful resolution of religious conflicts league now all female members of religions for peace from the middle east are demanding a larger area. oh common ground is empowering women giving them the rule.
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making them agent of change. the female peacemakers stores january 5th on t.w. . i was.

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