tv Business - News Deutsche Welle February 10, 2022 2:45pm-3:01pm CET
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and 3 months of mayhem coming to an end, we'll take you to the island of la palmer where tourism is finally returning after the double impact of volcanic eruptions and the pendant empress colburn berlin. welcome to the program. after china, japan, india is the most important economy in asia. and with 1400000000 inhabitants the largest democracy in the world. now, electrons have begun and india as most populous state would have pradesh, followed by voting in for other states. it will take at least until march 10th for all the votes to be cast and counted. the elections are being viewed as a barometer of 4 nor render modi's ruling parties, the prime minister of india, of course. and he started out promising to create jobs. but with the pandemic hitting the country's economy hard, unemployment is still one of the biggest problems people in india are facing. the economy is on the upswing again,
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but many jobs were lost during the pandemic. unemployment stands at 7 percent. finding work is a major concern for many, including these people at a market in what are pradesh. india's most popular state come to your vocabulary. we want work. like i'm going there is no work on that. we, i'm not against any government. they're all the same for us, you, mother, but there should be work the poor need work. never end ramadi is on the campaign trail. who tar pradesh is governed by his party. earlier this month, the prime minister announced investments worth billions for roads, airports, and housing likely with the aim of garnering more votes. mowdy was elected in 2014 and the promise of creating more jobs. but all the shut down throughout the pandemic have left their mark. there are difficulties with finding jobs in our lives that does that are difficult. the schools have enclosed a few just having lost 2 long years of school closures. so people feel hopeless
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about the prison they face difficult, given that bus the lives. just recently violent clashes broke out after more than 10000000 young people applied for just 35000 jobs on the state railway. many song government service as their only chance of a secure income for all those who did not get hired. the anger and disappointment were tremendous. for more of the so let's crossover junior deleon, d w's at charro, carty chaos. charo unemployment, as we seen, is a big issue. but what are the other economic policies that have been impacting people's lives in india's most popular state? hi, chris, good to see you. and as far as the foundation is concerned, as far as the economy policies affecting and the people of what the police are concerned, do major issues have been haunting the states for a long time. now,
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one is a couple of issues related to agriculture, since it's largely agrarian state and do the issue of a general economic stress being felt by traders and especially small traders there . so for agriculture, we have seen that there's been this very long farmers of protest movement in india . and a very large chunk of those protesting farmers came from this region that goes to paul's today. and they were arrived at the federal government's attempts to bring in a new law, 3 new laws actually that they believed would take up, would take away the sort of cushioning that price that farmers get in terms of the pricing of their product is concerned. and they sit still, our lab continue to be very anxious about, well, what will happen with that mechanism? those farm laws have obviously been repealed, but the farmers continue to be very anxious about what will happen to cushioning. then about the impact being fed by traders and that is because of a long running economic stress that the country on the whole and,
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or the british have been facing because of 1st the monetization of guarantee in 2016. and then the introduction of goods and services tax. chris general, how are candidates trying to offset some of the frustration, a prime minister modi's economic policies appear to have been causing well, chris, of the general rhetoric that has been there during the campaigning for these elections. all this while from the ruling party, which is the b j. b has been that unemployment is not really a problem with it. and for those who are qualified for there will be jobs. they have been from their, from jobs in there manifesto as well. one job for one person from every family. apart from that, they've been focusing on a couple of welfare schemes that the central government as well as the state government has rolled out. and they are really hoping to cash on the benefits of
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those of welfare schemes. and they've been targeting the beneficiary of these schemes trying to reach out to them. for example, pensions, for example, of some unemployment benefits, for example, areas, for example, electricity in a nice power pricing factors that have promised to farmers. so they've been targeting specific beneficiaries of welfare schemes and they seem to be hoping this to be of placing their backs on these beneficiaries charo car to hear in your daily thank you. now to some of the other business stories making headlines around the world. the european commission says that the euro's on economy will grow by 4 percent. this year. inflation is expected to rise to 3 and a half percent, much higher than the 2 percent goal set by the european central bank. here is an economy like i was around, the world has been struggling with content related restrictions as well as the supply chain problems with the mostly semiconductors in short supply space. x is
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newest, a fleet of satellites is tumbling out of war. but after being struck by solar storm, the company reports that up to 40 or $49.00 small internet service satellites launched last week have either re entered the atmosphere or burned up or are about to do so. the walt disney company says it added nearly 12000000 new streaming subscribers in the final 3 months of last year. that's far above the figure. analysts had been anticipating business shares shut up 9 percent and after all was trading. the results are in stark contrast to netflix, who was hears, fell when it's forecast stagnating subscriber growth. that's good. experts view on this from tom harrington had of television and enders analysis. welcome to the program. tom. the pandemic is easing. people are less
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forced to stay at home. could that put subscriber numbers under threat for streaming devices? well, we all know that, you know, the future televisions going to be streaming. so we continued growth. the growth isn't going to be anywhere near as impressive as it was during the pandemic when it was very, very little competition. up against the streaming services of the tv. there wasn't a whole lot to do in terms of entertainment. the broadcast is how ports of our content, very old shuttles. so that's sort of a competition raise again out a lot more pressure on growth out there is still areas around the world. se, asia, eastern europe, south america, where growth you still possible broadband roll out isn't as good as in demographics, such as old people are likely to distribute the future rather than right now. and on that note that there is still room to grow how sustainable is the success of
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disney plus, given netflix as recent announcement of stat, stagnating subscriber growth. so, so it's kind of difficult to compare netflix and disney. there's a little bit of juicing in the numbers of disney. there's a lot of scrubs that no one else are indian paying a lot less outside of india. but disney has a model which is a lot more attractive than netflix does have. even if they don't have the continued growth, the new streaming services i can monetize the amount is going to come to the whole lot better. you know, you watch a movie, you go to a hockey bar toy. you don't occurs next counter. mom and disney can tom tell me there are so many new entrance in the streaming sphere in the last couple of years . is there room for them? all? the short answer is, you know, a few years ago, people say i could be there like 789101112 different asphalt streaming services. we
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say now people in the type one or 2 or 3 in the u. k. if you do type one, you talk about one point i just, if you have any. so that means there's not going to be a few very big winners. and because of that, we've already started to see consolidation amongst the big, big contract companies. you know, you said discovery and more now combined. great. what will be, you know, particular service and you know, there's probably only going to be 3 big all inclusive services in the next few years. tom harrington of vendors and out of this, thank you for your thoughts. i get almost 3 months of hot lava making its way through villages. ash raining on people and the constant stange of sulphur. the spanish island la paloma, was devastated last year by a volcanic eruption that destroyed the homes of the livelihoods of thousands of islanders. but it may also prove a lifeline for one of spain's poorest areas as investments and even tourists are returning. it's an eerie and compelling sight solidified
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walls of lava 70 meters. high gases still seeping from the crater. it's also attracting tourists to le palma, keen to see for themselves the aftermath of interruption that lasted $85.00 days. maybe continue basso land zone is get holidays runs an 11 hour trip around the volcano for tourist, from the nearby island of 10, a refi at a $125.00 euros per adult. and his island business is booming or so well worse aren't for the local people, but the software for the tourist. okay. because they seem new really, really close. these were can and i and you she the lab i and rest and her maybe maybe an okay. as ah, is good for the local people to ah, start with a new opportunity to on the tourism. tourism authorities are investing heavily promoting the palmer, one of the less visited of the canary islands to help rebuild the economy. but they
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need to be sensitive to the needs of locals, whose houses and livelihoods were swallowed up by the lava flow. tourist gulping at the destruction could be salt on their wounds. holiday villas covered in lava, ash filled swimming pools. it's been a double blow. the volcano erupted as the island was still reeling from the impact of the pandemic. don't go yet. well, gun, sr. i said to remind you to cove it in the volcano. i think the german retired to reserve freight to come yellow any. but younger tourists will arrive and they'll keep coming back. oh, thank a 2nd about it. we need tours are faithful to le palmer because they fall in love with this thought again on laura. the challenge now of the people of la palmer is to create an opportunity out of a disaster. they hope that the you are of these surreal landscapes left behind by the volcanoes, destruction will ultimately help them rebuild their lives. and here's
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a look at our top story. at this hour, voting has begun and india's most populous state to production. the electrons are being viewed as a barometer for prime minister and that are under modi's ruling party. with the pandemic getting to countries economy hard, unemployment is still one of the biggest problems. people in india are facing that social thanks for watching with
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awe. cleaning out after the eruption clearing out tons of long columbia home la paloma has finally been extinguished. despite the devastation, maybe residents are optimistic. they want to reclaim what for volcano took their home focus on europe in 90 minutes on d w. i'm the green you feel worried about the planning? me to i'm the old host of the on the green fence about cost and to me it's we need to join me for deep dive into the green transformation for me, for you, for the plans with sometimes
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ah ah, this is d w y from berlin to more talk, same resolving the crises over you cried as russia stages, massive war games, a few kilometers from ukraine's border. diplomats from both sides on the west preparing to sit down here in the german capital. also on the program, germany's foreign minister on elena bab off begins her 1st official trip to the middle east for the visit to jerusalem, holocaust memorial. joy for the united states of the beijing went to a live.
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