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tv   Frag den Lesch  Deutsche Welle  April 21, 2021 8:15pm-8:31pm CEST

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could mark a watershed moment in the country's fight against colbert 19 the move could force long downs and curfew we saw in areas with high infection rates as strongly battles a 3rd wave of call one of our most cases. but there is continues right here our next hour covert special you're watching the w. news live from berlin now my operands i'll get all of us here to thank you for your company and i look forward to seeing you tomorrow i'll get. a little guys this is the sub in the 7 percent stuff but for what i say is truth to speak his shoes his share i guess. you know just i know we're not quite. young people didn't have the solutions good future nights.
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77 percent now in food and on d. w. no literature invites us to see people in particular that i like to see as the kids. growing up. might object. to the books are new to. the book. the super league turns into a super debacle the pushed of the commercialized european football now appears to be off after a massive revolt by fans. money played in the fiasco also coming up. in kenya and lenders aren't lending an all around cash shortage brought on by the
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pandemic means entrepreneurs are finding it even harder to secure money to get that business is the ground. and the e.u. announces tough new rules on artificial intelligence that many uses of ai will look at why they're taking us that. this is the real business on what welcome to the program as chief architect for the breakaway european super league eventis chairman . has conceded the project has failed most of the 12 founding members have now pulled out including all 6 english clubs ac and into milan and athletic and madrid fans including these outside of chelsea stamford bridge stadium have been celebrating the news which follows an outcry from almost all corners of the game the super league was due to be backed by billions of euros of investment capital from the u.s. bank j.p. morgan organizers said the project was necessary to save club's finances during a difficult pandemic but many saw it as
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a money grab which would greatly damage the sport. but as discussed that further with karen mcguire a football finance expert who joins us from liverpool thanks for coming on business is that accusation fair that the super league was a money grab. it was certainly an attempt by a small group of clubs to increase their share of the the total revenues within european football they hope to achieve this by taking control broadcasting in commercial arrangements and by having a sealed system where there is no promotion or relegation the benefits of that was that they didn't have to worry about winning football matches in order to achieve financial reward so that's taking the football out of the business i suppose is the decision to withdraw from the league as much of a financial one as the decision to join is in the 1st place you know the i
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think the decision to withdraw from the league initially came from those owners of football clubs whose object whose are not financial we have a big split in the premier league between the 4 clubs that were the last to leave in the shape of arsenal spurs as little paul and joseph as arsenal 1st little manchester united who traditionally have been profit maximizing companies and chelsea and manchester city where the owners have taken on an approach all trying to achieve trophy success and they've actually been the biggest loss makers those 2 clubs came on board to the european franchise project. because they didn't they felt that they were missing out if a they wanted as part of it and they ended up being us for the 1st dominoes to fall the number of fans outside of the club's home countries was clearly a factor in and founding the knee so will there be disappointment from fans in say
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africa and asia and elsewhere the decision to scrap. i'm up i think there there will be those people that see an individual club as a as a global entity and therefore its focus should be on meeting the interests of global fans will have some sympathy with the people that they. are in charge of this project on a domestic level on a local level where their clubs are seen as a bastion of an individual town or city and representative of those values that's where the opposition has laid most most vehemently and just quickly if you can is there likely to any lasting damage to the relationship between the clubs and their domestic fans. i don't think so i think the fact that the clubs have listened is being positive i think the biggest losers will be the executives of those clubs who have lied to both you and their domestic partners care mcguire from football
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industry group an expert in football finance thanks for joining us on day to be business thank you. now let's take a look at some of the other business stories around the world making headlines take talk is being sued for billions of euros over the collection of children states or in europe the landmark legal cases being brought by a former children's commissioner for england it alleges that tick-tock collected information such as location data on phone numbers doubt the consent required in the u.k. law. travel is now set to recover slower than expected according to global lines body i oughta claims vaccination delays government risk aversion i also predicts traffic will only reach 43 percent pre-crisis levels during 2021 that's lower than the previous forecast of 51 percent industry is now for tech that's to lose 47000000000 dollars this year. and she has
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a net flix have tumbled 12 percent it's after the video streaming giant missed its subscriber growth targets for the last quarter investors ignored the company's huge lead in revenue after it raised prices last year netflix blamed pandemic related production delays what's it called a lighter content slate than usual. now the pandemic has made doing business tricky all over the world but for entrepreneurs impossible africa has made getting a company even off the ground especially difficult getting even small amounts of credit has got harder if for example you wanted to set up a tailor's workshop in kenya you might need to borrow the equivalent of $45.00 u.s. dollars to do that you'll have to deal with some of the dozens of financial institutions authorized to hand out micro credit there are $63.00 of them in kenya but those institutions have been struggling for cash themselves during the pandemic and your business is. business people claim that the hurdles. for getting the money
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on now simply too high. well let's discuss this with our correspondent joy to ream bera who joins us from the kind of caf so nairobi joy during just why entrepreneurs finding it so difficult to get the credit they need at the moment at the moment because of the lockdowns it's been so difficult for small businesses to make ends meet and so making regular repayments of loans has been difficult which has led to log book as floral and liquidity and we're also seeing that the interest rates are still the same as precaution and all precaution $1000.00 and that means that we the inflow of cash for most businesses they are unable to meet the interest rates that the financial institutions are asking for but also there is the issue of an attractive business models that some of these entrepreneurs have which has just
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meant the you know borrowing environment quite very difficult for them just going by the fact that they do not meet the requirements to get these loans these loans themselves how do they work i mean are they safe. well there is a core tyria that is followed by the micro finance institutions when giving out loans to borrow is and these loans sizes could vary from $20.00 to as far as $10000.00 is about whether or not they are safe kenya central bank regulates the deposit only micro finance institutions and therefore the credit only micro maker financed institutions are a sale of a regulated because it's their money that the giving out to underpin it is and that means that some entrepreneurs will find themselves in the hands of shylocks which is very unsafe for them right there is their faith in the more regulation is needed
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. absolutely yet more regulation is needed because when you look at especially the digital law on lending have been to fall in the category of the very end save and lend as we each has a lot of borrow is in some even so much trouble in fact some of them have been listed on the credit reference bureau which is where most of the default is are listed in the country. joint or in barrow in nairobi thanks for explaining things for us now the u. has announced what it's called landmark rules on the use of artificial intelligence the draft legislation bans most uses for surveillance including technology for so-called social scoring the european commission says it wants to set global standards for a technology that dominated by china and the united states. artificial
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intelligence it's a poorly understood phenomenon which is a cause of concern for many body but not him pierre should a list of founder of the belgian stored up actions bioethics together with his team he's developing a revolutionary form of prosthetics with the help of ai what is clearly seen here is that the ankle joint is being articulate that you can see that during it's walking it changes it moves the prestes is just going to adapt to the ground they're walking on in the natural way like a natural foot would. sophisticated probiotics and smart software let the this adapt instantaneously to its environment whereas a traditional fake would limit the person wearing it walking on different kinds of terrain here becomes much easier in areas such as energy agriculture and medicine artificial intelligence is playing a bigger and bigger role regulation so far has been limited but commission
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president chose to change this and to bring about the blocks 1st regulatory framework on ai. certain forms of surveillance and technologies used to manipulate people will be banned others regulated but it's not all restrictions the european commission aims to deepen the collaboration between member states in the development and implementation of ai technologies because ai technologies are intertwined with many aspects of our lives already hunts to cancun manages the ai experience center and innovation hub of brussels free university tells us well regulation is necessary to make sure what machines learn is ethical and follows human values the count believes the collaboration efforts envisioned in the framework are likely to help small industries in their digital transformation and perhaps turn the e.u. into a role model people in india in the west and in the east are looking towards europe
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and are looking forward to actually have this framework as an example and to see how that this can work and how do these regulatory framework in between. the public and profit good can actually find a way to have more responsible innovation than in the past prosthetics developer p.s. hell is not sure yet how these new laws will impact his business but he remains optimistic that people will recognize the benefits and opportunities of artificial intelligence. and finally all across europe at this time of year a brief window of opportunity for green fingered business it's too late season the national flower of the netherlands is popular well beyond the low countries this is a peculiar. with $450.00 varieties of the flower italians pay for you or as a place to get in an effort to stem is
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a free. have to hurry to next season finishes at the end of this month. just before we leave you a reminder about top story the breakaway european super league project is in tatters after most of the clubs involved quit the exodus came just 48 hours after 12 english tally and spanish teams announced the formation of the new competition. that's all from me in the business team here in berlin do check out our website did a read all com slash business about. the fight against the corona virus pandemic. has the rate of infection been developing what does the latest research say. information and contacts the coronavirus not today 19 spent. on t w. you're going to unofficial estimates more than
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1200000 venezuelans live in colombia legally and illegally. already a wide return to vast weyler. to 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 . witness global news that matters. made for mines. the crisis in brazil is going from bad to worse and i'd like other countries the virus is killing many children. some doctors blame an extreme immune response to the virus multisystem inflammatory
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syndrome. critics point to government mismanagement for the 2nd highest covert death toll in the world.

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