tv Business - News Deutsche Welle May 20, 2022 6:45pm-7:01pm CEST
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small successful car manufacturers in court will tell you what it's all about. and the us women's soccer team has now achieved its goal equal pay with the men crew lead other nations programs to do the same alone walk into the show. i'm from beardsley in berlin. let's begin with a 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 we'll seek agreement to set up a new fund. exact details of financing, however, remain vague. the european commission proposed this week, a special facility of loans and grants funded with joint debt that would be similar to the use pandemic recovery funds. economist estimate anywhere that ukraine will need anywhere between half a trillion and 2 trillion euros for reconstruction. or the g 7 is also wrapping up . it's today meeting in germany today where it reach an agreement to plug a hole in ukraine's current budget. with that, we go over to my colleague ashtosh ponder
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well, what we know so far is that the g 7 finance mrs. have agreed to a financial package? what? 18 point? $4000000000.00. that's according to a draft communicated by reuters. a us treasury secretary, janet t. ellen. she confirmed that the ministers had agreed to some sort of a financial package, but she did not them from the $18400000000.00 figure this. he 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 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
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months for being of salaries. and this is a little more than the that $15.00 mark. all right, 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 back in 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 funding the country in restricted default after the deadline for 2 payments was missed. 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, the russia have tumbled to their lowest level in nearly 2 decades. as sanctions
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take a bite, in march exports fell 63 percent on the year to 900000000 euros. several german firms halted operations and exports to russia. a country that until recently enjoyed strong trade ties with germany or beginning today, 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 its carbon emissions. take a look for 7 months a year. if i have come as kettle, get to enjoy the green pastures of his organic farm that the future is full of uncertainty. for him, lebrans into us we far must depend on an intake climate. 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 climate change
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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 various that's fabi w's to will, 2nd largest. so to mall well, 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 and cannot shirking convict mr. he things policy makers are not regulating the industry enough through the law suit. i'd have comma wants to make b, w take more decisive 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. it told the w, it is the task of the democratically elected legislature to shape climate
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protection with its far reaching effects. disputes and civil courts through lawsuits against individual companies singled out for this purpose on the other hand and 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 the judge ordering the oil giant to drastically cut its carbon emissions. this motivates, out of 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, gone, 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
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a lawsuit. the 61 year old hopes to set a legal precedent in germany and in turn do his best 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 on pulling 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 scenes. 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
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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 d w sports? anthony howard joins me here in studio for more of us. anthony, welcome. before we get some analysis, i wanna start with
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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 be? once i figure out 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 $29.00 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 hazing . 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 day to the women. $18000.00 a match. but the 2026 woke up will be in the states. the revenues will be off the
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charts and that the u. s. and i will say to him a hosting in the guaranteed to make that tournament, which is important to the boys, doesn't happen that the revenue could go beyond the building just inevitably. now that's also important for the when that the men make determined as well, since its revenue sharing, as well as need to keep up their end of the day. um, 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 breasts with the men doesn't. they get to ask a very basic question. we're talking about this before the, what's up group between the men's and women's team now is okay, boys, any danger 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 on the final hurdle. you might think it was the men's players that agreed before. this deal was done with the women that they would share. they might this deal in private and that was what made
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the final difference. what can 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 grievers. i think the men not making the 20, i think world cup might have made a big difference that they've been outperformed, but they're out earning their female colleagues. margaret proof is a striking for the u. s. i men's national women's team and asked on the question the, who should get the, the greater share and the pets on the back from all of this. and she said, i don't want it's hand out gold stars for me getting what i deserve to get in. and that is then the case of always discussions across these national teams. us 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 of 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 make their bread. the final frontier, if you like, leon play barcelona in the women's champions late tomorrow night. and here in
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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 side who plane that league out the french league, 350000 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 my, the paper with my the pathway at least to begin the discussion. all right, will be interesting to see what happens. and then 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 under the dw news channel. we got lots of good stuff there checks out on facebook as well. i'm seeing beardsley that's anthony howard. thanks for watching with
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ah, to the point. strong opinions, positions, international perspectives, sweden and finland want to join the nice how military alliance out of decades of neutrality. so will it make them safer? a nato stronger, and he's russia writes available, threatened them before find out until the boys shortly to the point on the w. o. rear natural spectacle. in an improved world. the mass movies every turn to the most of the remote, highly upset. 0, one of the many success stories from a bastion of wild diversity in
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oh this is dw is leih from berlin. time to let go for now of murray. awful. that's the message from the top been ukraine. the commander of the, as of south troops has been ordered to lay down on it a bit to save lives. but many a questioning how russia will treat the fight is they've captured gach, florida caught.
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