tv Business - News Deutsche Welle April 22, 2022 6:45pm-7:00pm CEST
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with i'm chelsea delaney welcome to the show. french voters will head to the polls on sunday to decide the country's next president incumbent manuel in the crowd. who currently lead is leading the polls or a fall right candidate rima pen. the campaign has been dominated by the economy with la penn, switching from a long help 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 and other is the national reality. candidate says she also wants to withhold payment transfers to the block. not exactly a frack that a french you withdrawal, but mean many fear it could be stabilize. the block le pen also wants to maintain,
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for instance, official retirement age 60 to one of the used lowest. now from for more, let's talk to lisa louise, our paris correspondent is the, thanks so much for joining us. how are lupin's proposal going down with voters while money? very, to 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 happen, many people seem to have her look a closer look at her program. and although she's putting forward that topic of spending power, actually when you look at her manifesto, it's very much still very in a phobic diesel measure. she's putting on the table, she's planning on financing them through taking away money from foreign nationals.
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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 in my car 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, 1st of all, don't quite add up, but the measures she's praising would be counter productive for a french spending power could even lead to a so called back flight and that's stagnating economy together with
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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 marina penn is not, not openly talking about a fix it anymore, but some measures might as well lead to one. and thirdly, there's the thing. and he and france, whose calculated through all of the manifesto, 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 this election on sunday. what kind of economic policies could we expect from that?
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him on a call have pledged to continue his reform program to, for example, reform the pension system. here, however, he will have to look at left swing 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 up a maybe not all of them, all of those that he's promised we 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 paperwork filed with us authorities, the billionaire tesla ceo says he will provide $21000000000.00 himself with a remaining $25500000000.00 coming from various lenders, including morgan stanley. french prosecutors have issued an international arrest warrant for carlos grown, who formerly ran renault. and nissan. going is accused of funneling millions of
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dollars for no funds through a car distributor. and oman for his personal use, including for the purchase of a $124.00 yacht. now a chinese built 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 stopped 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 uncomfortable with having a nuclear power plant placed more or less inside the city of karachi, which has
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a population of something like 22000000 and these new this nuclear power plant. actually there are 3 of them. there's an old one that comes from canada, that was $965.00. but these 2 nuclear power plants given by china, each of $1100.00 megawatts each, are now placed 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 plaids. they called up safe, but we never know how safe they are until something actually happens. as the info shimmer, are you uncomfortable with the idea of this project having been funded and built by china, there's been a lot of criticism of, of china's belton road infrastructure projects. and how,
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as it sort of uses those projects to gain influence over other countries. this was essentially a term 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 ab, an outlet to chinese nuclear reactor technology to the rest of the world. the load was given by china since pakistan could not afford it. the design has not been tested overseas, although there has been a chinese reactor tested within china, 8 south of this ac, be 1000 design. and i clearly the,
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the goal was to extend china's that nuclear reach as far as possible. i must say, this is not the 1st reactor that pakistan has purchased from china. is the biggest or of course these 21100 megawatts reactors are very big compared to the 330 megawatt reactors of we jap. ah, there exists now for in gemma in, in the north of pakistan. so i guess just taking a broader look at that, 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, wisest project important. now actually, nuclear reactor technology was initially conceived as a way of getting the ball. but now that pakistan has other ways. so if you go,
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why, of the centrifugal process or you go via i am a pluto nym, 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 has come at an interest rate which is not being disclosed to the public ab. we feel many of my colleagues and i feel that we wouldn't be much better off taking advantage of
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the substantial amount of solar power that exists in this country. after all, we had a very son, rich country, and less ab, 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 with the pakistani nuclear physicists have as had plain and more 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. and 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 access to electricity. bartholomew's so co works as a repairman,
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buddy hopes the many grid will help them branch out and produce household goods like door frames and television stands committed to one l. d. this electricity project is extended to other rural areas. it will help people with disabilities be self reliant. and that's a telo project connects more than 700 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 boy, but no one who did him as well. initially, people in this area were not growing some flowers, but with this oil pressing machine more people planted the crop programming. i could go out this year, the number of farmers growing some flowers, that is more than ever mo biggest thing i would need. maybe my son flo. the many power grids are allowing more and more africans to launch new enterprises and improve their standard of living. and
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a reminder of the top business story we're following for you, this our mag rama khan. and marine la penner containing a had a francis presidential to run off on sunday, mcdonald's, a clear lead in the polls. the economy has been a dominant theme with far right. can ventless pen, promising major tax cuts at their shout. thanks for watching. ah ah, with ah,
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be loud. be visible and help others with your story. every 3rd woman is a victim of gender violence. they have experienced dot violence against women, lulu. ringback in 30 minutes on d. w. ah, they conquered the earth means of years before our time. ah, since then he's been leading a secret life and have incredible abilities. if you think about it, it's impossible for humans to survive without will roots save the world. in 75 minutes on d, w a thought say what grade level we have
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ah this is news line from berlin. russia's ambitions full kremlin control of eastern and southern ukraine. russian general says the goal is to build a land bridge to occupied crimea. ukrainian troops trapped and were you posed as of style steel plant remain 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 down to the wire on the final day of campaigning in france's president.
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