can't seem to get enough of the fresh, powdery stuff, hudson, as he's cold, is clearly in his element. the state of illinois and parts of northern indiana are expecting up to $45.00 centimeters by the end of thursday. they somebody's enjoying it. i. this is database news has a reminder of the top stories that we're following for you. jasmine chancellor, ola schultz has said he'll mate with russian president vladimir potent to discuss tensions of a you've crime. and the u. s. is deploying additional troops to europe in a slow in a show of solidarity rhonda with ukraine and it's nato allies. well, that's unique update for now, but stay chain business news is next and there's a lot more world news on our website. that's d w dot com. i'm rebecca written. thanks for watching. ah

ah, several did in wide wing extremists writes regression again world maggie and coping rate and burned in south africa. people with disabilities more likely to lose their jobs. in the pandemic black lives matter. shiny spotlight on racially motivated police violence, same sex marriage is being legalized in more and more countries, discrimination and inequality, or part of everyday life form. betty, we ask why? because life is diversity. to make up your own mind. d. w. lead for mines. ah, $200000000.00 in market value, vaporized facebook loss and users and a handful of other problems,

cent parent company meadows shares plunging, will take a closer look at what's going on at the social net. also coming up, india will try to spend its way out of the pandemic slump. we'll talk about the finance ministers. budget landstar corresponded in delhi, and we'll take a look at the backlash. the commission is facing after labeling gas and nuclear power, as sustainable investment was cobra and berlin washington program shares and facebook owner meta plunged by around 20 percent and a half hours trading on wednesday. knock a massive $200000000000.00 off the company's market value. the fall came after chief executive mark zuckerberg said that facebook has been losing roughly 1000000 daily years globally between the last quarter of 2021 and warned investors that revenue growth is expected to slow order due to competition from rivals, such as tick tock. if the stock doesn't rebound before trading resumes on thursday,

it will rank as the worst day and the company's 10 year stock market tenure and one of the biggest one day falls of any company on rec let's bring in d. w as christy plants and ears has been taking a chills look of story. christie, for the 1st time in history, facebook is losing more users than it's adding. how much of the problem is that right? well, if we consider the absolutely group fall and share prices that we've seen, i would say it's something of a problem format and marks, or at least a problem for investors. i mean, we have to remember that business model relies quite significantly on advertising revenue. so if you are users logically means you were people to advertise to. and then on top of the fact that last year already this company was hit very hard by an update to an apple privacy policy, which makes it easier for i phone users to opt out of having their data tracked for

advertising purposes. so we can see that this bit, and all that this company has relied on for the last 8 years is really, we being attack may not go away. amazon. christy, netflix and spotify have also posted poor growth figures. are we seeing a trend here? right. i think we're seeing a couple different things happening right here. one thing we have to consider is how the pandemic is affecting these companies. 2 years ago when the pendant released a call, we saw a lot of a lot of places going into locked and then we saw really major boom in the use of digital products of streaming products, social media, as everyone with stuck at home. now 2 years later, that's just not the case, economies are opening back up, people are going out and i think to some degree they're fatigue with screens with, with doing it digitally, people. i can't be relied on to use these products in the same way. they could last

year, so these companies can't look to can expect the same growth that they've seen. the panoramic began. and we also have to remember that these companies, it's not like they're making sure they're making a call or something that's going to where you need to replace. it could be that they started saturating their market. they're going to have to look at other strategies for how to make money. christy facebook says it's expecting revenue growth to slow in this quarter. is there a plan to offset this prediction? right, well these are the shocking figures that we've seen today are actually not really much of a shock to meta. and already last year we saw them talking about declining the growth about problems with his eyes on privacy policy. and this is why we saw major re brand at the end of last year with rebranded of magic reverse 1st company. we're also saw in their figures reported this time for the 1st time they've off there reality labs. this is the segment responsible for this members

push into is segment. i'm so this is really where the, where this company sees its future. bloomberg has said that this could be an $800000000.00 market opportunity and i was betting on that as well. d, w. christie watson. thank you and we apologize for the quality of the line there. india is hoping to spend its way to once again becoming the world's 2nd fastest growing economy. the indian finance ministers, latest annual budget, includes a $100000000000.00 in capital expenditure. that's around double the amount and yet was investing before the money, partly funded by debt ems to sustain economic growth, which is expected to be on my percent for the current financial year. it includes heavy investments in infrastructure. let's take a closer look at these plans with the w's charo car, t k, a and delhi good to have you on the show,

charo more public spending. that's often the go to move for governments when they're trying to spur growth. is it likely to work for india as well? hi, chris. well, it remains to be seen whether this will work or not. but at this point of time, many analysts are of the opinion that the amount that has been allocated this time for in terms of an investment bush is not really adequate given the size of the problem at hand. in fact, some analysts have said that if you, if you adjust for inflation, then even the overall size of the budget this time has not gone up significantly as compared to the previous years budget. so that means essentially that it's just capital expenditure which has been announced and not overall expenditure in the budget. for no other scheme was announced to give more of the bush to the economy, nor large infrastructure spending has been analysed. in fact, several schemes that some analysts and some industry persons also had expectations

for and none of those came through. so it remains to be seen whether this amount that has been announced will really give the economy a fresh impedance. chris, jo, indian households are grappling with rising cost of living at the same time. there's a problem of unemployment. economic slowdown has pushed india's unemployment rate above the global figure in 5 of the last 6 years. what is the government going to do about that? well, if you look at the speeches and the statements that have been made by the finance minister, the prime minister and various other senior ministers and bureaucrats of the government, the capital expenditure is something that they are banking all their hopes on there . they are hoping that this capital expenditure that they have announced that will give rise to jobs. we've given impedance to industries will bring in more investment. and that's essentially the center of all their all their hope. but the

problem remains that several analysts are of the opinion at this point of time that employment schemes were necessary and they have not been announced. in fact, there is a rural employment. again, in the scheme that is already functioning, it's location has not been increased. and no increase in that location has been announced for sectors like agriculture, which generate massive employment. chris char got to care for us in delux. thank you for the moment. charo, but do stay with us. because apart from her budget, the indian finance minister near molla sit, our aman also announced plans to introduce a state backed crypto currency, labeled the digital repeat. take a lesson. introduction of a central bank. digital currency will give a boost, a big boss to digital economy. digital currency will also lead to a more efficient and cheaper currency management system. it is therefore proposed

to introduce digital droopy using block chain and other technologies to be sure by the self bank of india starting 20, 22 and 23. the indian finance minister speaking there, a charo got to go back to urine delhi, i mean, other policy makers in different parts of the world have been somewhat hesitant when it comes to introducing state back digital currency. why is india moving ad with us? chris if you look at what the finance minister said, and what the other ministers americans have also been saying that there was that appeared to be a perception in the government that since crypto currencies investors are going big on trip. tucker and thieves. and the government is a little wary about digital crypto currency. so to provide a sort of a safeguard, a question, again, the dominance of crypt took it into the market. they brought in this government back to be a little currency, which is going to be essentially a legal tender. it's going to be digital based on the block to block chain

technology. we're going to be a little tender, and it is not going to be a crypto currency. so to, to provide a sort of account up to the growing trend of crypto grants in india. this appears to be the reason behind the launch of the digital repeat written charges char, gotta k m for us in delhi, looking at the plans of the indian governments to introduce a state back to digital currency charo. thank you for your analysis and now to some of the other global business stories making headlines around the world. turkeys official inflation rate has hit his highest level in 20 years. figures from the turkish statistics agencies suggest prices rose by over 40 8 percent last month compared with the euro. inflation as being partly named on president add ons unorthodox believe that low interest rates are the solution. norma petroleum giant shell has posted

a massive profit for 2021 that may just over $20000000000.00. as a resurgent economies drove up demand and prices. oil had its highest price for 7 years in january charles profit and has it in los $21.00 building. the previous the european commission has been working on standardizing what is considered sustainable in parts to help make investors make green investments. so it's moved to include include gas and nuclear power in it's green energy. taxonomy is grading a backlash from both environmentalists and europe. lawmakers protest on wednesday against the e. u decision to class nuclear energy and gas, a sources of green energy. the protesters say gas shouldn't be included because it's a fossil fuel, while nuclear polls as a risk, due to accidents and the disposal of waste. proponents say the energy switches are

essential, bridge fuels to reduce reliance of coal and oil while working to build renewable energy infrastructure. the classification is a cornerstone of you environmental policy. the aim is to guide investor fans to genuine green energy projects and away from green washing or damaging investments. the e u admits including gas and nuclear is imperfect and has added more stringent conditions . so and you care the delegated act, if you like, rewards improvements and advanced technology in safety standards and waste management when it comes to gas, there are strict conditions including limits on emissions. and that facilities must replace high imaging plants as well as been compatible with low carbon few old new gas. and nuclear projects will also have to be approved 520302045 respectively. this compromise is supposed to please the blocks biggest economies. germany is

a proponent of gas and france nuclear energy. while brussels had hoped to set new global standards with its green energy label taxonomy. it's implementation as disappointed. many environmentalists and member states alike. and as a reminder of a top story for you at the sour chairs and facebook owner met a plunge firearm 20 percent. an after hours trading on wednesday, blocking a massive $200.00. $2000000000.00 of the company's value fall comes after c o. mark zuckerberg warned of loss of users, and slowing revenue growth. that's our show for now. for more check out our website at d. w dot com slash difference cobra invalid. thanks for watching. ever so successful day a z m. n legal,

right for river waters here, city is an all time high. people didn't man radical solutions corporation claim he can handle the crisis. but at the what hot eco, india on d w ah, what people have to say matters to us. m. that's why we listen to their stories reporter every weekend on d w ah .