tv Business - News Deutsche Welle June 17, 2022 12:15pm-12:31pm CEST
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such as montenegro, for instance, or nose macedonia, and they have been in the waiting room for years now. the w. brussels bureau chief, alexander, phenomena there. thank you very much. it was cindy darby news before we go. here's a quick look at our top story. european commission officials are recommending that ukraine be put on a fast track for you candidacy. put president of the funder line set. the recommendation was on the understanding that the country would carry out a number of reforms. that recommendation will need the approval of leaders of old man. thanks for watching. she double used crime fighters are back that africa most successful radio drama series continues. all episodes are available online, and of course you can share and discuss on d. w, africa's facebook page and other social media platforms, crime fighters,
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tune in now. hello guys. this is the 77 percent the platform with issues and share ideas. you know, on these channels, we're not afraid to copy. young people clearly have the solution for future loans. this 77 percent every weekend on d. w with ah, gas flow is down, political tensions are up. france, italy, and slow back out all receive less russian gas as moscow cuts deliveries while the german government calls on citizens to save more energy. also on the show as
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products, including canada del, become more popular, a growing number of people in japan are calling on the government to ease and strict laws on merit this cobra welcome to the left. russia is cutting supplies of gas to the west, and governments are scrambling to find ways to save energy and find alternative sources as well. europe has been reducing its reliance on gas from russia following the invasion of ukraine in february, but it's causing major fuel procurement, headaches, the head of japan's electricity. the lease federation says he's worried about the disruption and liquefied natural gas from russia's shock and to during the summer demand season, france has not received any natural gas from national, via pipeline since the mid of june, june 15th, to be resized by italy's any says it will receive only half of the gas supply volumes. it has required from russia gas from now made
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these attempts by russia to increase pressure and european countries. so lowering gas deliveries, germany is vice chancellor and economy. mr. robert hardwick has been calling for the countries residence to save energy. take a listen despite those impose excellent from howard gas reserves are 56 percent and that is the problem. you have all my mandate can we can start winter with our tanks at 56 percent. let us conserve energy. now let us conserve gas so that we can be as independent as possible that my call to businesses as well as citizens when you go to them. if we can't fill up our storage tanks, we might have to take further steps and regulate energy use by law. and so i just want to know talk is that's before the mission. so with the west looking for alternatives, the russian gas, russia itself, needs to re think it's economic model. this was the message from the head of russia
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central bank at the st. petersburg economic form, which is currently underway, attendance at the annual business event as dinner this year, with western countries absent due to the war ukraine even so there was plenty to discuss moscow's rupture with the west looms over this year's forum. large firms are noticeably absent from st. petersburg organizers, meanwhile, are leaning in their motto, this year, a new world new possibilities. the reality is gloomier. western sanctions are hitting everything from foreign reserves to material supplies critical for manufacturing, the head of russia, central bank, althea not be lena expects the rift to be permanent. and she pleaded for nothing less than an overhaul of russia's economies to go with the baby's bishop. let's see where she hellish the it's, but it is always been believed that export is our intrinsic value that we need to
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revisit. and finally, think about the fact that a significant part of production should work for the domestic market. was a greater degree of processing, more creation of final products. now can you can a paddle rushes message here? not only is there no turning back from the economic breach with the west, but that moscow too has levers that it can pull with gas deliveries. for example, you go can yes, of course gas from is reducing the volume of gas applies to europe. the little mini here say india and china can replace ties with the west. it's an outlook that economists outside of st. petersburg say isn't so self evident. it is the golf now and a bitter showdown between the established pga tour and an upstart serious backed by saudi arabia, which is putting up $25000000.00 in prize money for each of its $8.00 tournaments. the cash is attracting big names of the game, but the actions have also polarized many in the professional golf community.
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green is a coveted color for the world's top golfers. so it's like 3 times master's champion, phil mickelson. now some are being accused of thinking only of green mickleson. dustin johnson, bryce in de sham bo, and 14 other professional golfers received a multi $1000000.00 signing fees to playing a live golf series that started last weekend. johnson received 150000000. mickleson is reported to be earning 200000000. so i feel good about that. i feel good about the efforts i put in to try to get back to the game of golf as well as a tour. and i'm excited about the opportunity that live golf presents for me in the game of golf going forward. again, the giant payouts are small consideration for the live golf series. hopefully it's
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backed by saudi arabia's public investment fund, which is chaired by mohammed bin solomon. the country's crown prince, but the money is a windfall for the golfers. the pga tour says saudi arabia is using golf to divert attention from its shoddy human rights reputation. those who have accepted the offer, say it expand the sport. whether they're thinking of the long game or digging themselves in a hole is unclear. oh, for more on this controversial live tour, i'm now joined by karen mcguire who specializes in the financial aspects of sport. welcome to w. karen, what does saudi arabia get out of this? is it a sound investment or just a vanity project of the conference? i think saudi arabia would say that they're getting something completely different
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in the sense that the country wants greater exposure. it wants to present itself as an alternative to the likes of hire and do buy as a tourism center. it also wants to become a hub in respect to worlds for. so we've seen attempts in respect of big, big for me to one tournament is taking place. we've had tennis, we've had even the spanish through pick up and boxing match is taking place in saudi. and it has the benefit to being able to pay the top dollar to attract those people. so saudi arabia would claim that it's not a fantasy project. and the critics would say that it's purely being motivated by money. and also accusations in respect to sports, watching how risky is this venture? we saw a recent, i've started league and football cause problems in that sport. well, i don't think that will be a problem for the,
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the participants. they have been guaranteed huge sums of money. many of the participants are not in the top 10 or 20 gulf is of the world. so it does give them guaranteed revenue flows from the, the backers point of view, saudi arabia, the p, i, the, the public investment fund does have significant resources. so even if the project loses money, you can certainly absorb those losses, especially with, with gasoline prices and an oil prices being red cord levels. the world of professional golf is usually pretty calm. what financial impact this this new tournament going to have on the competing pga tour? i think there's the as far as the pga tories concerned, we might see some tweaking. we might see a rib revision of the way that money is distributed. but as far as the majors are concerned, they are huge, still huge growth, both in terms of matched a ticket,
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sales, commercial environment, and broadcasting rights. so i don't anticipate any significant changes as far as the tories concerned. there might be some pressure on the tool to individual players to, to try to maintain the relationship and not to separate the ties by care. mcguire, thank you very much for your insights and out to some of the other global business stories making news pictures forum north korean state broadcast or k r t show families getting medicines after an outbreak of an ident, uninventive fide intestinal illness epidemic was on top of the cove 19 crisis also affecting the country. south korea, believe it's a color, a typhoid on break in north korea's key agricultural region, condom is fear, it could worse and the chronic food shortage in the country. the world trade organization has agreed. the 1st change to global trading rules and years after
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what were described as roller coaster talks. the w t o struck a deal to limit over fishing, broad production, and coven, $900.00 maxine in the developing world, improve food security and reform. the 27 year old trade body mcdonalds has to fork of $1200000000.00 euros to settle a case of tax fraud. the fast food chain must pay france after investigators terminated, reportedly artificially lowered profits in the country. mcdonald's was also found to have hidden profits in neighboring luxembourg, which has lower taxes. beauty company, revlon has filed for bankruptcy after 90 years and the business cited supply chain issues, surgeon costs and heavy debt. the new york based business says it expects to receive $575000000.00 in financing, allowing it to continue its day to day operations. make that as was
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only 1.4 percent of japanese say they've ever tried marijuana, which might not be that surprising as the drug is legal there, and drug users are generally shunned by society. but times of changing as more and more people are embracing the products which contain canada, all or cbd, and a petition. the launch to the government to be more lenient. ah, a small club in tokyo, it's packed their stance, sing, and torquing, and rigging music. and there's a sweet smell in the air, but where they're smoking isn't illegal. marijuana that would have star consequences in a country with a 0 tolerance drug policy. instead, that joints contain cannot be d, o, or cbd. the non intoxicating component of cannabis that's long been embraced around the world. youtube arose, k is hopeful that her country can be more open minded to
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i want to more like why we have them help in like, why do you think like, it's like, even though you're never experience, i know i like and i was right now we're in a meeting right now because with my un, murray, one a culture is one aspect. business is another japan, cbd industry had an estimated value of only $3000000.00 in 2015. it's expected to grow to $2000000000.00 by 2024. partially due to japan's aging population, looking for remedies how many got all these unable by the u. s. grant pausing grandma's and normal university stood smoke marijuana. but it's something that's
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unsinkable in japan. the overriding opinion is that marijuana is it dangerous drug with the media? 3 then, with the japanese government is currently discussing approving medicines, derived from marianna for use in pain relief, or to treat epilepsy and some mental health problems and the drops of our show for now. of course, there's more on the website and d, w dot com slash business, and on the t w's youtube channel worth checking out both. my name's chris, of course. thanks for watching. have yourself a great weekend. mm hm. and is the end of the pandemic in site. we show what it could look like. will return to normal. and we visit those who are finding it difficult. his successes at
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noon in a weekly coven 19 special. next on d w. ah, we've got some hot tips for your bucket list. ah, magic corner chat, hot spot for food, chair and some great cultural memorials to brood. d, w, travel off we go. ah ah ah, the urgency of the cove, it 19 pandemic spurred a world wide response from government to business. the arts to science innovations big and small, were critical for many people survival. tremendous.
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