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tv   Business - News  Deutsche Welle  April 23, 2022 5:15am-5:30am CEST

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is daniel winter in just a moment and i'll be back with more news at the top of the hour. in the meantime, you can stay up to date on d, w dot com and you can also follow us on social media. i'm with al saca and for me and the team in berlin. thanks. be a company ticket with guardians of truth exiled turkish journalist john dunn darney, i have paid almost every price of being a journalist in a country like through key and mexican investigative journalist on our bellman. this is, are you every day the government is involved. she's digging the country soil to find out the truth. they want to kill me and they try
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many times facing with a gun can change your life, wants to know what is happening. their guardian, the truth starts may 3rd on d w. ah ah, it's my crohn versus le pen. once again, the economy is at the head of sunday's vote. this time we take a look, a closer look at the pens, policies, and we'll get the view from powers. also coming up argentina is sitting on a massive gas field. now it finally wants to do something about it building a pipeline and it could be money spent. i'm daniel winter. welcome to the show. decision day is coming in france, french voters heading to the polls on sunday to decide the entries. next president
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. will it be incumbent manuel micron, who currently leads the polling or far right? candidate, maureen le pen, we took a deep dive into a crohn's policies last week. now it's the pence her. the campaign has been dominated by the economy with la pen switching focus from immigration to france as living costs. her proposals include slashing taxes for fuel gas and electricity down from 20 percent to 5 and a half percent. also cutting tax on a 100 so called essential goods like fruit and exempting work as under 30 from income tax entirely. she also wants to end subsidies for renewable energy and france, setting up a potential battle with the 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 you withdrawal, but many fear it could reduce. frances role in europe le pen also wants to maintain francis official retirement age of 60 to one of the e use lowest. well,
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earlier i spoke to our paris correspondent lisa lewis, asking her how the pens, plans are going down with voters. people here feel that anne marie le pen has indeed managed to depict herself as the candidate closest to the people. you know, 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 meeting, that is because after the 1st on a voting 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 the people that don't have french nationality. and that her overall program is also based on this combination against non french nationals. so, and that's why then people actually thought some of them at least thought it might
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not be such a good idea to vote for you to vote for marina pain. at least when you listen to the polls, the, the current polls and she has gone down again in them and my car, my car, the current president is predicted to when 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 a waves really. and my 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, shaun protest that we saw there. what can we expect from him going forward on the economy? absolutely smack core and power. he carried out many market orientated reforms, but people have been criticizing him. so court yellow vest 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 car has come to par, saying he had a very disruptive style. you know, he doesn't blight all structures inside the french government, but also on an international level is also always trying to cause as thorough because he believes that that will make things move and move forward. however, many people feel that is not the right way to go about things, and he might have to adopt adapt, 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, i'll certainly all eyes will be on that minute next stage of the election on this return. thank you very much. lisa loosen malice, checking on some of the other global business stories, making news. friends, prosecutors of issued an international arrest warrant for carlos going formally ran reno and miss st. going is accused of funneling 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 ban on russian energy in ports, something the e u is actively considering. she said 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 discover which owen's plans, 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 the 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 is 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 to see then 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 tb ratings. well, let's just go digital and make people pay 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 us. 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. um 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 certainly need a new idea. what and warning 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 marcia 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,
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and it's at the buckle, 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. what's gone wrong? i will 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 to tame inflation, but of 50 point basic height of basis, height is possible next month. so in turn, the tenure treasury yield sort to its highest level since 2018. the early equity rise turned 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 our soda 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 our former president, the nest occasional pipeline taps,
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the vast reserves in the vaccum worst field. and since gas to one is iris province, a 2nd section, what extent northwards to st herani more construction is estimated to cost $1500000000.00. i say for 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. we're gonna want to produce b middle, but also to do it in boss unit number one, objective of the nest occasion a gas pipeline. plus its complimentary works is to substitute imports 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 our list. after being an energy import for years, the pipeline project is set to make argentina an exporter, supplying neighbors such as brazil and chile. unless it you're up to date with
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d w business. but if you want more, you can check us out on the future. of course, and d, w. music channel, and also on facebook. and don't forget our website, d, w dot com slash business on daniel winter from me and the business team here in berlin. thanks for watching and have a great weekend with a joy ride through fascinating worlds. into uncharted depths, our guides know their way around with a strictly scientific trip to some pretty wacky places. curiosity is required to borrow to day, ah, on d, w. bank to me to in the city. the
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florida exclude 2022 in the motherland shows how to deal with green, living and innovative world exhibition for the cities of the future. 0 mix. in 60 minutes on d, w. o. each student 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, its members fight for races, state ruled by white supremacy. what we're talking about here is not only
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disorganized violence, it's not only terrorism. it's politics. founded over 150 years ago, gets repeatedly died out, but always been resurrected. the ku klux klan starts may 11th on d. w. suck into science program. welcome to to morrow today. hello v comes to play. it's a gun. show nothing at all by that might have m l m because if you measure, let island, will it all out those even many, those obvious your foot this week we share the microphone with a few of our d. w colleagues to welcome you to the show of course, but also to get sample recordings of a variety of voices. except spec.

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