Skip to main content

tv   Business - News  Deutsche Welle  May 20, 2022 4:45pm-5:01pm CEST

4:45 pm
is most successful, car manufacturers in court will tell you what it's all about. and the u. s. women soccer team has now achieved its goal of equal pay with the men crew, lead other nations programs to do the same. on walking to the show, i'm seeing beardsley in berlin. let's begin with the you were leaders are firming up their plans to fund a mass of reconstruction effort for ukraine. reuters now reporting that a may 30th meeting will seek agreement to set up a new fund. exact details of financing, however, remain vague. with the european commission proposed this week, a special facility of loans and grants funded with joint debt that would be similar to the eas, pandemic recovery funds. economists estimate anywhere that ukraine will need anywhere between half a trillion and 2 trillion euros for reconstruction. the g 7 is also wrapping up. it's today meeting in germany today, where it's reach an agreement to plug a hole in ukraine's current budget. with that, we go over to my colleague ashtosh ponder
4:46 pm
well, what we know so far is that the g 7 finance ministers have agreed to a financial package. what? $18400000000.00. that's according to a draft communicating by reuters. a us treasury security janet, the ellen, she confirmed that the ministers had agreed to some sort of a financial package, but she did not inform the $18400000000.00 figure. this see says that the g 7 ministers are behind ukraine and they are doing whatever it takes to, to ensure that it has the resources to go through this period of water. it's been devastating time for you korean and it needs money to just be the basic salaries and go through on a daily basis. so this, the money that is being pledged would take care of the immediate needs of ukraine. i remember the number that was coming out before the meat was $15000000000.00, and that was the amount that ukraine had estimated. it would need for the next 3
4:47 pm
months for being of salaries. and this is a little more than the that 15 dollar mark road ashtosh ponder on location near bon, where g 7 finance ministers are meeting. thank you very much. and let's go now to some of the other global business stories making headlines. protests are intensifying in sri lanka, the g 7 countries are backing debt, relieved to help the island nation overcome its economic crisis. they're appealing to major lender at china to step in as well. meanwhile, rating agency, fitch has downgraded sri lankan bonds, finding the country in restricted default after the deadline for 2 payments was mist canada is to band the chinese tech giant huawei and z t e from it's 5 g networks. the country is following in the footsteps of the u. s. and u. k. after expressing concerns, the chinese government could gain data on how and when users access the internet german exports to russia have tumbled to their lowest level in nearly 2 decades.
4:48 pm
says sanctions take a bite. in march exports fell 63 percent on the year to $900000000.00 euros. several german firms halted operations and exports to russia. a country that until recently enjoyed strong trade ties with germany. or beginning to day, a german court is set to hear a rather unique case against volkswagen. an individual farmer has filed a civil lawsuit against the car manufacturer. with the backing of greenpeace, he's actually asking the court to force volkswagen to cut it's carbon emissions. take a look for 7 months a year, if i have cameras, kettle get to enjoy the green pastures of his organic farm. that the future is full of uncertainty for him. the barnes in junk, we farmers depend on an intake climate and we need this relative balance of nature which keeps the land fertile back out. and if we lose that venue, then we lose the most important thing we have from the hub. he says,
4:49 pm
climate change has led to droughts in excess rainfall causing damage to his farm and neighboring forest. and he sees folks wagging as partly, to blame for that for very satisfied. the w is the world's 2nd largest, so to mobil maker. and through all of its product is responsible for c o, 2 emissions, roughly on a par with those trader or not. and that is why it is quite clear. major industries also have a responsibility in kenner cherokee congressman. he thinks policy makers are not regulating the industry enough through the law suit out of calmer wants to make the w take more de size of climate action and stop building cars with combustion engines from 2030. at the latest he is determined and not alone. the farmer's, one of several plaintiffs being supported by greenpeace, and a well known environmental lawyer folks wagon rejects the claim. i told you w, it is the task of the democratically elected legislature to shape climate
4:50 pm
protection with its far reaching effects. disputes in civil courts through law suits against individual companies singled out for this purpose. on the other hand, are not the place or the means to do justice to this responsible task. globally, an increasing number of similar cases are being launched like in the netherlands, where comparable case was filed against shell and had success with a judge ordering the oil giant to drastically cut its carbon emissions. this motivates i love, comma, elect. the course of the last great hope for me is the legal way, not in after ignoring the warnings of the inter governmental panel on climate change, or you're ignoring the warnings of the young generations. it took to the streets and there hundreds of thousands, 3 years ago, and the warnings of tens of thousands of scientists advice. i don't know what else you can ignore, but you can't ignore court rulings. i guess. let's come over national here with
4:51 pm
a lawsuit. the 61 year old hopes to set a legal precedent in germany and in turn do his bit for the climate and from one legal case to another. earlier this week, the u. s. soccer federation came to an agreement with its women's and men's teams that they'll receive equal pay and prize money for world cops. it's the 1st such agreement in the world, but could it be a model for other programs? we'll talk about that just a moment. first, here's some background on the deal itself. the u. s. women's team has been racking up the winds, but not the cash. the new agreement includes a number of new quality initiatives, or they include identical game payments. i'm puling and sharing of all prize money, including world cup prize money. we're the 1st country to ever do that. ah, and revenue sharing that will be the same for both teens. after all, the u. s. women's team has been far more successful than the men's winning the women's world cup on 4 occasions since 1991. the men 0. in the last world
4:52 pm
cup, the winning men's team, france were page $38000000.00 by fee for the us women's team. one the world cup in 2019 but got just 4000000 like any successful match, getting equal pay was a hard one victory. it was so exhausting how many times we had to have the same conversation over and over and over again. and so i feel much lighter right now. this is not about one team in one country, is, is about us as a collect ish about what can happen in every single corner of the world. the campaign is now hope other us sports and sports around the world will look to american soccer as an example. to put women on an equal footing or am i calling from the w sports? anthony howard joins me here in studio for more on this. anthony, welcome. before we get some analysis, i want to share with
4:53 pm
a deal itself. let's talk in dollar terms. what does this mean for the rank and file member of the national women's team here to big? once i've got a score of $23.00 players, each player will be guaranteed $18000.00 per match. now that's 4 times what it was to go back to the 20 on in world cup. the u. s. women are the best in the world. i play and win 7 matches and take on the trophy. each player to come $35000.00. he's a now i can say, look, the bank manager and the are you would think inside that's going to be worth 125000 . beyond that, there's also the pool of prize money from the tournaments and this is where it gets interesting and important, that revenue sharing. and just to give you an idea of the revenue $360000000.00 was spent advertising against the men's world cup in 2018 and a $100000000.00 against the women. this deal? this patio pardon me now takes in the 2026 means woke up and that's a crucial thing that's on the horizon that makes a difference to die. to the women i $10000.00 a match. but the 2026 woke up will be in the states,
4:54 pm
the revenues will be off the charts and the us, and i will say to him, a hosting in that guarantee to make that tournament, which is important for them. oh, it doesn't happen that the revenue could go beyond a building, just an avatar. now that's also important for the when that amendment determine as well, since its revenue sharing as well. if their end of the day um is what, how exportable is this model around the world? because surely the u. s. isn't the only team where the only program where the women's team is just as successful, not even more successful recently than the men's programs or the burden of proof now rests with the men, doesn't. they get to ask a very basic question. we're talking about this before the, what's that group between the men's and women's team now is i can boys any dine to that. we could do the same thing. you make the case that they shouldn't apply to other national teams across the world. and it was the men's team, it's important to point out though in the states and the final hurdle, you might think it was the means players that agreed before this deal was done with the women that they would shave. i made this deal in private and that was what made
4:55 pm
the final difference. what kind of discussion was that you have any idea? i mean, it was the wrong just on board automatically or was it's a pretty difficult for the limited degree this. i think the main not making the 20, i think world cup might have made a big difference. the they've been outperformed, but they're out earning their female colleagues. margaret proust is a strike for the u. s. i men's national women's team and asked on the question the, who should get the big right, a share and the pets on the back from all of this. and she said, and i don't want to, it's hand out gold stars for me getting what i deserve to get in. and that is the, the case of all these discussions across these national teams is ok boys. you make the case why they shouldn't happen, is that what they've done is create a document and a pathway to it happening at the same time, many these players, they live professionally through the club teams to the clubs, right? i mean, is that not the place where there needs to be some sort of change in terms of equal pay? so there is a much more livable sport for women as well as men. exactly. this is where they might their bread. the final frontier, if you like,
4:56 pm
leon play barcelona in the women's champions lake to morrow night. here in europe, $35000.00 a month is what the women get on average at lee. only the best team in the world across on the men's side who playing the league out the french league $350000.00 a month. now, of course, that's the problem, especially if you want to tie why just the receipts, but the u. s. made the pathway and if it's not the answer to all these questions, it's, it raises the big question. why not? with made the paper with my the pathway at least to begin the discussion. all right, be interesting. see what happens. anthony howard did of the sports. thank you very much. all right, and that's our show. you can find out more about these and other business stories online, d, w dot com slash business. we're also on youtube or the dw news channel. we've got lots of good stuff there. checks out on facebook as well. i'm seeing beardsley that's anthony howard. thanks for watching. with
4:57 pm
. ah, ah, with oh,
4:58 pm
i want to make a big change in the environment being an echo audio would have been what are they demanding? a ban on plastic toys in india, young activists are also thriving in pakistan. this little girl is designing eco friendly dolls. i call her facade because she is an urgent means environment. he goofy india. in 30 on d, w. o. christian of whether the next crisis will come, but only when and how the media will deal with it. how can we stay
4:59 pm
focused on what is important? shaping tomorrow now. exploring opportunities for media professionals in times of crisis. the global media for june 2020 to your ticket now not just another day. so much is happening all at once. we take time to understand this is the day and in depth look at current news, events analyzed by experts and critical thinkers. and this is the weekdays on d w. imagine how many portion of love us her in the world climate change? any off the story? this is my plan, the way from just one week. how much was going to really get we
5:00 pm
still have time to go. i'm going all with ah ah, this is d w sly from berlin? yacht shorter cuts his ties to rush his ra sniffed. the oil giant says the former german leader is leaving its board shorter was facing the threat of sanctions over his ties to the kremlin. dw meets the ukrainians who made a subway station in hockey that long term shelter.

40 Views

info Stream Only

Uploaded by TV Archive on