tv Business - News Deutsche Welle April 22, 2022 11:15pm-11:28pm CEST
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[000:00:00;00] ah ah people and trucks injured when trying to flee the city center, setting up a potential battle with you. and it doesn't and there the national rally candidate says she also wants to withhold some payments from the block. not exactly a freaks it french is you withdrawal, but many fear it could reduce frances role in europe. the pen also wants to maintain francis official retirement age of 60 to one of the use lowest. well,
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earlier i spoke to our paris correspondent, the st. louis, asking her how the pens, plans are going down with voters. april here feel that anne marie le pen has indeed managed to depict herself as the candidate closest to the people in it. she's been campaigning through france, from market to market town to town over the past few months, telling people exactly that message that she will help people make ends meet. and that's why her ratings went up over the past few months. but until the 1st on of waiting, that is because after the 1st renovating, have people start to look at her program a bit more closely. and they realize that all these measures she's putting on the table will actually be financed through taking away money from those people. that don't have french nationality and that her overall program is also based on discrimination against non french nationals. so that's why then people actually
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thought some of them at least thought it might not be such good idea to vote for marina pain. at least when you listen to the polls, the, the current polls as she has gone down again in them. and my call i am on my call. the current president is predicted to win this sunday's election. so she's definitely leaning into the national side of the national rally, but economists also have issued some warnings about her economic plans. what they had to say absolutely, there have said they've told me actually that these measures didn't really make much much sense. marina pen says she will help the lower and the middle class by economists say that her measures actually counterproductive and even on an international level, many of the measures in her manifesto would go against the rules and would most likely lead to the fact that the european union at one point will say, we don't want you any longer within this union, france and france had what might have to leave the european union,
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which would trigger international air waves really and might cause might lead to a, an international financial crisis. analysts say, okay, but my crohn has had time to implement his agenda as president, and yet it's been roundly criticized, especially by the the chalet shown protests that we saw there. what can we expect from him going forward on the economy? absolutely not caught in power. he carried out many market orientated reforms, but people have been criticizing him, the so called yellow that you just mentioned, demonstrated for months and months and months and blocked roads here in france, saying that the lower and the middle class actually were less well off under my car and my car has not managed to really talk to them to address their anger and their anxiety. he has also been criticized for not implementing enough measures to protect the environment. for example, to bring down c o 2 emissions. and of course,
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he has been criticized as to his style. my call has come to power saying he had a very disruptive style. you know, he doesn't like old structures inside the french government, but also on an international level is also always trying to cause a stir because he believes that that will make things move, move forward. however, many people feel that is not the right way to go about things, and he might have to adopt a dep adopt other strategies in the future if he wants to win over more french hearth here after the election if he were re elected, of course, suddenly all eyes will be on that minute. next stage of the election on this return . thank you very much. lisa louis, malice checking on. some of the other global business stores making use french, prosecutors of issued an international arrest warrant for carla stone who formerly ran remo. and miss sant going is accused of fumbling millions of dollars of reno funds through a car distributor in oman for his personal use,
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including for the purchase of a $120.00 foot yacht and us treasury secretary, janet yellen has warned europe to be cautious about imposing a complete an on russian energy in ports, something the e u is actively considering. she's had such a move would dent global growth and probably would not have a major impact on the russian economy. it's been a terrible week for the newly merge entertainment company. warner brothers discovery, which owns brands like hbo and cnn, their stock price losing 15 percent. that after it announced the scrapping of cnn plus the news networks, digital subscription services, which costs $350000000.00 to set up and which started just a few weeks ago. well, the person who's gonna talk to us about it, you know, his name already is james sweeney who has moved the new york stock exchange. james bank, he once again why we're the new managers of cnn, so quick to kill off this project is very expensive. and it was supposed to be see, it ends future proofing. well,
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cnn plus is that is the talk of the media world and not because it's the fresh new face of that digital streaming news. it's because it's the biggest failure and media streaming news history. if you can believe it or not, $350000000.00 to launch this. and 3 weeks later it's gone. it sells unreal. but it did happen in there's a lot to learn here. why we're the new manager so quick to kill off the project. while they simply did the math, there was no audience. and let's keep it direct. sealant televisions audience dropped dramatically since the byte an administration took office. it last more than 90 percent of its viewership from january 2021 to january 2022. because they no longer have president trump to talk about and what was their response? no tv ratings. well, let's just go digital and make people they for exclusive content. now common sense would raise a red flag and immediately question. why would people pay for a premium service when the people aren't even watching the standard cable network? and this is a fact for re reruns of food network programs have more prime time viewers than life primetime, cnn tv content here in the u. s. so these new mentors came in,
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they saw the results and he said, wait, how much did we spend on this? or are we supposed to get 2 and a half 1000000 subscribers? but you're one, we sold and of teas at the launch of this. ah no one signing up for 75 percent promo for let's cut our losses. let's blame pass management and let's move. well, let's move on and move past this debacle. quite frankly. well, i mean, news networks of all said, you know, digital is the future, right. and it seems that cnn has either missed the boat or they suddenly need a new idea. what can wanted discovery due to get back into investors good books with c n o. in general, they've had a pretty po performance so far. since the mac well, if you're asking whether or not they can get back into the good books, it's obvious that they can look one or brothers discovery. they're not taking the blame of the c and, and plus disaster that is coming and seen and plus was launched on march 29th. and they took over on april 8th. so what they're doing is blaming the previous management team, terminating those, you strategize this entire event and it said the buckle,
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quite frankly. so they will pick and choose what they want to keep and add whatever see it and content they deem a value into discovery plus an hbo max, which by the way they own. and again, wonder discovery just came in, did the man said no, thank you. we're gonna take our money and spend it elsewhere and cut our losses are very, very big losses. okay, and just briefly, we got a little bit of time left of what went wrong this week on us markets, s and paid tao. nasdaq all sliding this week was gone wrong. oh, we'll keep this as brief as possible. we had ourselves a strong start than earnings disappointed the big ashad coming late wednesday with netflix. and then on thursday, the market's really turned sour because federal reserve trim and rural powell said, when addressing record you were record high us inflation. that it's not only absolutely necessary that same inflation, but of 50 point basic height of basis height is possible next month. so and then the tenure treasury yield so to its highest level since 2018. the early equity rise turn into a late afternoon loss and that loss on thursday carried over to this session. and
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the big board is now down $981.00 points to close out the week. and yeah, that's what happened. at least we can say it was an interesting we, james sweeney. thank you very much and have a great weekend rushes war in ukraine has driven up natural gas prices to an all time high. and that's good news for producing nations just like argentina. but currently the country is a net importer of gas with an estimated energy deficit, a 5000000000 dollars this year. the south american country wants to change that planning a new pipeline to deliver gas from its vast reserves for its own use and for export . a new pipeline is set to change south america's energy markets, argentina making good use of the resources it hass if thou art but oh, so we are standing on a huge gas reservoir. however, there is no point in having it if we have no way of transporting it. adler named after a former president, the nest occasional pipeline taps, the vast reserves in the voc. hm,
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what our field and sense gas to when it's iris province. a 2nd section. what extent northwards to st herani more construction is estimated to cost $1500000000.00. the new pipeline run by argentina. why p f and u. s. giant chevron will increase argentina's gas supply by more than 40000000 cubic meters a day, making the country more independent from imports of liquefied natural gas, which are currently needed with an error warner. but it's pretty middle, but i saw to do it in boss yona 0 number one objective of the nest occasion a gas pipeline, plus its complimentary words is to substitute importance of the to replace all the l n g and stop burning liquids in argentina to generate energy and also for environmental reasons. secondly, we can generate the amount necessary to export after being an energy import for years, the pipeline project is set to make argentina an exporter,
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supplying neighbors such as brazil. and sheila i said you're up to date with d. w. business, but if you want more, you can check us out on youtube of course in a d, w, use youtube channel and also on facebook. and don't forget our website, d, w dot com slash business. and daniel winter from me and the business team here in berlin. thanks for watching and have a great weekend. what making the headlights and what's behind them? dw news africa. the show the faculty issues have been the continent. life is slowly getting back to normally where on the street to give you enough reports on the inside. our correspondence is on the ground reporting from across the continent. all the trends doesn't matter to you. next on d, w to india,
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around you. subscribe to d w documentary on youtube. with this is d w. d, as africa coming off on the program, can africans benefit from europe's energy needs as the democratic republic of congo honda's plans for the world? the largest hydropower dam. we ask what's in it for the average citizen? most of the energy will be used to produce hydrogen to mob. everything that's produced a will be brought to the center to the west. the we don't think that we've already covered the electricity needs of our country. also coming off all that smaller
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