plunging tickets, also 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. 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 invest cobra berlin, welcome to 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. for came after chief executive mark zuckerberg said that facebook has been losing roughly 1000000 daily years globally between the last quarters 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 worse to 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, did others? 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 a problem is that right? when 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 as 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 are 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 track 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 leaving attack. well, for us,

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 pen are really to call, we saw a lot of a lot of places going into locked. and then we saw really major boone 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 there's fatigue with screens with, 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 shoes or making a call or something that's going to where they need to replace. it could be that they started a saturating 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 shocked meta already last year. we saw them talking about declining user growth about problems with his eyes on privacy policy. and this is why we saw a major re brand at the end of last year, and we re branded of meta metaphors. first company we're also saw in their figures reported this time for the 1st time based off their reality labs. and this is the segment responsible for the 1st question is segment on. so this is really where the,

where the company sees its future. bloomberg has said that this could be an $800000000.00 market opportunity and met us getting on that as well. d w. christie flatten. 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 ends 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 push 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 year's budget. so that means essentially that it's just capital expenditure which has been announced and not overall expenditure in the budget of no other scheme was the unknowns to give more to give push to the economy . no large infrastructure spending has been in fact several schemes that some analysts and some industry, but also had expectations for none of those came through. so it remains to be seen with these business amount that has been announced will really give the economy

a fresh impedance in the household are grappling with the rising cost of living at the same time. there's the problem of unemployment. the economic slowdown has pushed in the employment 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 . and they are hoping that this capital expenditure that they have announced will give rise to jobs were given impedance to industries will bring in more investment . and that's essentially the center of all their all their home. but the problem remains that several analysts are off the opening at this point of time that

employment schemes were necessary. they have not been announced. in fact, there's a rural employment get into the scheme that is already functioning. it's location has not been increased and the no increase in that location has been announced for sectors like agriculture, which generate massive employment. chris char got to care for us in delhi. think for the moment char, but do stay with us. because apart from her budget, the indian finance minister near molla, our aman also announced plans to introduce a state backed crypto currency, labeled the digital repeat. take a listen. introduction over 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 to

buy the cell bank of india starting 2022 and 23. the indian finance minister speaking there, a charo got to go back to your in 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 is why is india moving ad with this? chris, if you look at what the finance minister said, and what are the ministers americans have also been saying that there was a debt appear to be a perception in the government that's in script tucker and he's in mrs. going big on trip. took it and, and the government is a little wary about digital crypto currency. so to provide a sort of a safeguard question, again, the dominance of crypt took it into the market. they brought in this government back could 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 was going to be digital digital. and it is not going to be

a crypto currency. so to, to provide a sort of a counter to the growing trend of cryptography in india. this appears to be the reason behind the launch of the digital ruby written charges char got again for us in delhi, looking at the plans of the indian government 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 and the turkish statistics agencies suggest prices most by over 48 percent last month compared with the euro inflation, partly named on president add ons unorthodox. believe that low interest rates are these. norma petroleum giant shell has posted a massive profit for 2021. it may just over $20000000000.00 as

a resurgent economies drove up demand and prices oil. his highest price for 7 years in january, shows. profiting here in los 21 building 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 creating a backlash from both environmentalists and european 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 poses a risk due to accidents and the disposal of waste. proponents say the energy sources are essential, bridge fuels to reduce reliance on 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 funds 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 a nuclear 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 being compatible with low carbon field. 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, its implementation as disappointed. many environmentalists and member states alike . and his reminder of the 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 $200000000000.00 off the company's value fall comes after c o. mark zuckerberg warned of loss of users, and slowing revenue growth. that's a show for now. for more check out our website at d. w dot com slash preschool. gwendolyn, thanks for watching. every self a successful with ah, with

ah, ah, one continent. 700000000 people with their own personal stories. europe, with every day life, with what europeans fear and what they hope for focus on 90 minutes on d w. we've got some hot tips for your bucket list. ah, magic corner check. hot spot for food. and some great

cultural, laborious to boot w travel off we go 2016 . as like a budget. the queen customer wants to see of germany was the name the last few years have been quite arriving early in touch with averted on the home when it comes to jemma beers. and of course i always look right in the eyes for a chair, but perhaps the biggest on the new hobby of mine. i'm no longer a prude. i want to be in the news, very person americans. but when you're feeling altogether, you'll realize that culture just another way of living. are you ready to meet the driver and then join me, right? just do it on b, w. ah, soccer is a sport of colors and the children in this mountain village. oh, them all but can everyone be a dog with them regardless of gender?

wears blue, the color of her favorite, sexist traditions prevent her from going to game, playing with an insurmountable obstacle. blue girl football on the peak distorts february 4th on d. w. with this is either we news line from berlin, new fears over russia's military build up at ukraine's borders. nato warrens that $30000.00 additional russian troops are headed to bel roost.