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tv   Business - News  Deutsche Welle  April 22, 2022 3:45pm-4:01pm CEST

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are helping to power rural areas, long overlooked by electricity providers. i'm still feeling welcome to the show. french voters will head to the polls on sunday to decide the country's next president incumbent manuel micron, who currently lead is leading the polls or a fall right candidate rima pen. the campaign has been dominated by the economy with la pen switching from a long health focus on immigration to francis rising cost of living. her proposals include flashing taxes for fuel gas and electricity to 5.5 percent from 20 percent cutting all taxes on $100.00 so called essential goods like fruit and exempting people under 30 from income tax. she also wants to, in subsidies for renewable energy and france. that's just one of many potential battles with the, you know, there is the national reality candidate says she also wants to withhold payment transfers to the block. not exactly affects it a french you withdrawal,
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but main many fear it could be stabilized. the block le pen also wants to maintain francis official retirement age. at 62, it's one of the used lowest. now for, for more let's talk to lisa louise, our paris correspondence is the thanks so much for joining us. so how are lupins proposals going down with voters? while many voters feel that she is indeed the candidate of increase spending power, that's how she has been trying to the picture self over the past few months when she's been campaigning through france, going from market to market and town to town talking to people. however, since the 1st round of a thing happened, many people seem to have her look a closer look at her program. and although she's putting forward that topic of spending power, she, when you look at her manifesto, it's very much still dykes and phobic diesel measures. she's putting on the table,
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she's planning on financing them through taking away money from foreign nationals. she wants to install a so called national preference, giving priority to french nationals when it comes to job housing, to social services. and i think many people have now realized that she is still the person she used to be when she took the took the party over from her father. he was convicted for racial hatred several times in the past. and that's why since the 1st round of voting, the waiting intentions have somehow changed, and my, my call has been going up in the polls. so in addition to the discrimination issues you raise, their economists are always, are also quite worried about the pens. proposals tell us more about absolutely, economists have been telling me that their calculations, chris, of all, don't quite add up, that the measures she's praising would be counter productive for a french spending power and could even lead to
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a so called stock flight and that's stagnating economy together with a hyper inflation and that would obviously 1st of all, his work has because that would, according to these economists lead to mass unemployment. and on the international level, economists and analysts have been underlining that most of her measures would actually go against you roof. you said earlier that marine the pen is not openly talking about a fix it anymore, but some measures might as well lead to one. and thirdly, there's a thing can, can france, who's calculated through all of the manifest was put on the table by the different candidates and hers would really explode public spending by over 100000000000 years . and with marine, the pen coming to power here in france, that would probably undermine investors trust and would no longer allow from to refinance its debt at low interest rates. just briefly, if you can, a manual micron looks likely to win
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a selection on sunday. what kind of economic policies could we expect from that m on a call has pledged to continue his reform program to, for example, reform the pension system. here, however, he will have to look at left wing voters. now he, i think he has now understood that he has to be, go to wolf's them and probably take down his program a little bit. so more economic reforms to come, but they may be, not all of them, all of those that have promised d w. paris correspondent, thanks so much now to some of the other global business stories making news. elan mosque has revealed details of a $46500000000.00 funding plan to buy twitter. according to paper work filed with us authorities, the billionaire tesla ceo says he will provide $21000000000.00 himself with the remaining $25500000000.00 coming of debt from various lenders, including morgan stanley. french prosecutors have issued an international arrest
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warrant for carlos gun who formerly ran renault. and nissan. going is accused of funneling millions of dollars, or no funds through a car distributor. and oman for his personal use, including for the purchase of a $124.00 yacht. now a chinese belt nuclear power plant and pakistan went into commercial operation this week. china national nuclear corporation. the firm behind the construction says the reactor can produce up to 30000000000 kilowatts of electricity annually for pakistan. the south asian nation is the 1st country outside china to host a while long one reactor, a new generation of chinese nuclear reactors. aging hopes the project will encourage other countries involved, and it's built in a road initiative to adopt its nuclear technology. earlier i spoke the premise hud boy, one of pakistan's most prominent scholars and a nuclear physicist about his concerns for the new plant. i'm actually quite deeply
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uncomfortable with having a nuclear power plant placed more or less inside the city of karachi, which has a population of something like 22000000 and these new this nuclear power plant. actually there are 3 of them. is an old one that comes from canada, that was 965. but these 2 nuclear power plants, given by china, each of $1100.00 megawatts each, are now place within the city itself, actually on the shore. and if something goes wrong, there's really not very much that can be done. evacuation plans will not work. and so i am deeply uncomfortable with having these, these plots. they call them safe, but we never know how safely are until something actually happens as the info goose shima. are you uncomfortable with the idea of this project having been funded and
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built by china, there's been a lot of criticism of at china's belton road infrastructure projects and how, as it sort of uses those projects to gain influence over other countries. this was essentially a term keep project pakistan was the 1st consumer of chinese nuclear technology. ah, i would say both in the field of weapons as well as for power generation. and clearly this is because of a very strategic grab advantage that china would have over to pakistan. it would also be um, an outlet to chinese nuclear reactor technology to the rest of the world. the loan was given by china since pakistan could not afford it. the design has not been tested overseas, although there has been
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a chinese reactor tested within china, 8 south of this ac, be 1000 design. and i clearly the, the goal was to extend china's nuclear reach. as far as possible. i must say this is not the 1st reactor that package that has purchased from china is the biggest or of course, these 21100 megawatt reactors are very big compared to the 330 megawatt reactors of wheat chip. ah, there exists now for in gemma in, in the north of pakistan. so i guess just taking a broader look at this, you know, we're in a period of extremely high energy prices. we're also in a period where countries are switching to more renewable for some forms of energy. what is nuclear mean for pakistan? why is this product important? now? actually, nuclear reactor technology was initially conceived as
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a way of getting the ball. but now that pakistan has other ways. so if you go why, of the centrifugal process or you go via a plutonium a reprocessing in dedicated nuclear plants. there he's not any real need for pakistan to invest in nuclear power technology in terms of renewables. they are now considerably cheaper than that at nuclear reactor power. and it's actually quite incomprehensible that pakistan should have taken a loan from china for this purpose. this is not a gift from china to pakistan. this reactor asked gum at an interest rate which is not being disclosed to the public. and we feel many
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of my colleagues and i feel that we would be much better off taking advantage of the substantial amount of solar power that existed this country. after all, we had a very sun rich country at their sob, less than one percent of our electricity being generated using solar. they split deal wind also. so i'm afraid there's not a very good use of money. that was the pakistani nuclear, as a says passed and play and we're than half of people in sub saharan africa don't have access to electricity. but small scale solar power projects are helping to change thought like an allow we were solar power has already remade life in many villages. development experts believe small scale solar power could be the answer to bringing electricity to remote areas of africa. conventional grids are often too costly, tend to prioritize more privileged areas, and often rely on fossil fuels. more than 80 percent of allowing population lacks
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access to electricity. bartholomew's so cool works as a repairman, buddy helps the mini grid, will help them branch out and produce household goods like door frames and television stands committed to one l. d. if this electricity project is extended to other rural areas, it will help people with disabilities be self reliant. and that's a total project connects more than $700.00 people from 3 villages. local farmers no longer face a long track to get their corn milled or sunflower seeds pressed brenda limby. connie is one of many local villagers turning to farming well, but no one who hit him as well. we initially people in this area, we're not growing sunflowers, but with this oil pressing machine, more people are planted. the crop this year, the number of farmers growing some flowers is more than ever my biggest, what do you need my flow? the many power grids are allowing more and more africans to launch new enterprises
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and improve their standard of living. and a reminder of the top business story we're following for you, this our memo, my call and will be 10 or containing a how to francis presidential run off on sunday mechanical to clearly didn't oppose the economy has been a dominant theme with far right canvas pen promising major tax cuts after shout, thanks for watching the news. ah, ah, ah, with
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ah, india monkey is on the loose in the deli. and they're only growing in number. they are looking for food and are quick to by feeding them just makes things worse . there are no ideas on how to deal with this infestation without harming the animal. eat it, 90 minutes, d. w. story. now with spooky intimidation and transformed into an orgy of hate and violence. the history of the ku klux klan, the oldest terrorist organization in the united states found it over 150 years ago . it's repeatedly died out, but always been resurrected. the ku klux klan starts may 11th on
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d. w. are you ready to get a little more extreme? these places in europe are smashing all the records into a world adventure. just don't lose your grip and the treasure map for modern globetrotters discover some of europe's record breaking sites on youtube. and now also in book form, a tooth
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brush. ah ah, this is the w news live from rural and russia's ambitions for kremlin control of eastern and southern new grade. a russian general says the goal is to build a land bridge to occupied crimea. ukrainian troops trapped him or you polls as of style. steel plant were made an obstacle to those plants. also coming up. packing military communications, intercepts of russian radio traffic in ukraine reveal moscow's tactics. and it is
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down to the wire on the final day of campaigning.

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