tv Business - News Deutsche Welle July 19, 2022 11:15pm-11:31pm CEST
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for a bit of a drastic change of gear here and football, byron munich, have confirmed the signing of central defender mathias. the lift from your bench was for an initial transfer fee of 67000000 euros 22 year old dutch defenders deal runs until 2027. the next one multiple trophies while playing in italy and it just 19 he became the youngest captain to lead his side to the semi finals of the champions league and the 20182019 season. and that's it for me. you're up to date. stay tuned for our business bulletin and more on rush us plans for its gas export with in many countries, education is still a privilege. property is one of the main causes. some young children work in mind. troughs. instead of going to class others can attend classes. only after they
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finish working williams of children over the world to have to go to school. we ask why? because education makes the world more just make up your own lloyd d. w. made for minds, enjoying the view and come take a look at this tv highlights every week in your inbox. subscribe now. ah, was it a false alarm for europe? russia is now expected to restart gas exports by a north stream, one on schedule, after shutting it off for maintenance. but european leaders aren't taking any chances. also on the show, after losing many subscribers this year,
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netflix says it's ready for growth. we'll talk to our correspondent on wall street, and it's a growing market literally here how german businesses are preparing to capitalize on the greater need for weed. this is dw business. i'm christy flats, and in berlin, russia natural gas deliveries through the nord stream, one pipeline are now expected to resume thursday after the completion of scheduled maintenance. that's according to 2 sources. familiar with export plants who spoke with writers. russian energy giant gas from had previously said it could not guarantee gas deliveries due to quote unquote, exceptional circumstances. the pipeline supplies more than a 3rd of russian gas exports to the you earlier or european commission spokesman said the block is making sure it's ready if russia does. in fact, cut off gas tabs in coming months. what is clear is that when we are preparing winter contingency plans, winter preparedness plans, we base ourselves on the worst possible scenario. and this is absolutely obvious.
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the president has said it, the commissioners have said it, everybody has said it. what is the worst possible scenario? it is that, and this are for, has to be our assumption based on our platform cloning. that there will be a full disruption on by gas from whether it will happen or not. who knows? net split, netflix shares rose an after hours trading after the company reported better than expected results. and last fewer subscribers unexpected. during the 2nd quarter, the total dropped by around $970000.00. less than half of what had been anticipated . netflix is upbeat about the current quarter, expecting to return to growth and add a 1000000 customers. while for more on these results, let's brainiac quarter at the new york stock exchange exchange. yeah, and netflix has been bleeding users this year. what is the company doing to turn things around? they sound pretty helpful now. yeah, christiana,
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it has been the 2nd quarter in a row that netflix is losing, and subscribers that they try to solve this for some customers with an ad supported program. i mean, you can still for the regular price, get netflix without an ads, but you can also, or will probably be able to sign up for a model that is an ad space and then you'll pay less. another big issue is also sharing a password. so they want to crack down on that. there are some try runs already in south america. and then at the end of the day, it's also content content content. so we've been quite successful with their strange things. so for example though, but at least in the last quarter, things weren't as dim as expected by many analysts. right, well they have been expecting things to be pretty done because netflix market valuation has gone from $300000000000.00 to under $90000000000.00 and less than a year. what went wrong over those months?
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yeah. well, i mean, christy, if you look what happened in the 1st water, the day netflix reported unexpected. then the stock dropped like a rock by more than 30 percent since the beginning of the year. the stock is down by almost 70 percent. so i mean that some subscribers are diminishing. i mean that clearly is an issue. then also you have higher costs. partly because that does cost money to bring content on the table. and then also, i mean, you have all this competition in the streaming area and that's not going to get better. but the competition is rough. so there was a lot going on in that area. and we will see if netflix is really going to be successful. let's say with the ad supported system or also cracking down on pad for cherry and core to thank you so much for that now to some of the
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other global business stories making as well. sticking with tech, amazon is doing people who li, fake product reviews for products on the platform. a major problem flagging the e commerce giant. amazon has filed a lawsuit against the administrators behind over 10000 facebook groups, which are reportedly used to recruit people to write fake reviews. a delaware judge has ruled that a lawsuit filed by twitter against billionaire. you must will proceed to trial in october. it was the 1st hearing in the legal tussle over masks, abandoned $44000000000.00 deal to buy twitter. the social media company wants to force him to complete the buyout. as a s and the scan anavia pilot unions have settled a wage dispute, ending a 15 day strike with ken and a be an airline announce that reach an agreement with all pilot unions and can now resume normal operations. the parties have agreed on a new collective bargaining framework for the next 5 and a half years. germany is expected to become the biggest
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cannabis market in the world over the next 2 years. plans to legalize the drug are pressing forward despite concerns over the health impact ministers say the law will put safety 1st. when it's passed, it will create opportunities for businesses worth billions. a fledgling business is going mainstream with healthier length. i, for a long time, the belief was that ben in cannabis wouldn't of consumption cannabis all construction. it would only consume yet vote. now the belief is there is legitimate money and jobs in it. as i'm euphoria is extremely high, especially among the many people who want to start a business in the sector, the bose einstein going. but how easy is it to set up a cannabis company, like demi con, need to waste in parts of thirty's, 3 mates from unique with their job submit everything they had on growing the perfect strain of lady jane for medical use from taking
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a new cutting to harvest is about 100 days, but within the 1st 20 days the, the plan basically doubles in size every 3 to 4 days. would in mind that every day . ah, oh my goodness is like christmas, christmas tree. that is bell is absolutely amazing. it's like a forest because we have an h wreck system that can control humanity and temperature so well, we can grow the plans to this size without mold. if you were to have this kind of a flower that is so huge and they will grow even grow even larger than that, they would mold and a greenhouse. it allows you to grow all year round around 25 hours this for you. and it also allows us to grow completely free of pesticides and we also grow completely free of heavy metals. as you can see, these guys have a massive head start on the recreational market. once the laws change, we invested probably around $20000000.00 euros. investing insecurity was one
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element and investing in high tech and deseeno pharmaceutical environment. that was just quite costly. they're not profitable just yet. but as an estimated for 1000000000 euro market waiting for them in germany alone. patrick wants to make use of his pharmaceutical platform to supply weed from abroad to regular consumers to he says creating his own strain was i think it best if i will tell you it was super difficult, which it was a time frame of 12 to 18 month and a cost factor between half a $1000000.00 euros and $9000000.00 euros. you could always grow your own. the government may allow 3 or 4 plants per household. is ben, i'm confident that germany will see a flourishing cannabis sector from the com. and the black market. oh, the other, it'll dry up in the medium term glee, at least that's what we're hoping for and was hoping all harlem cannabis could even
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bring come to the planet for very sure. this plan creates a better world or staying in germany, climate change comes with a cost. and in germany at $6600000000.00 euros per year since the year 2000. a report commissioned by the country's economy ministry highlights the annual economic hits of climate related damage and germany all over europe. the effects of climate change are evident in heat waves and droughts. wildfires, heat, waves and drought warnings have engulfed the european continent. this summer alone temperatures in many countries, including the u. k. romania and spain search to record highs. researchers at the european commission warned that almost half of all e territory is currently at risk of drought. the hardest hit region is, italy and in spain. water levels are far below the 10 year average as wildfires reach,
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i left her my country under fire. literally under fire. more than 20000 actors have been burn december last 3 days. more than 400 casualties. ear are being caused by these say heat wave. the 2nd heat wave in less than a mouse. the heat wave is affecting crops and agriculture the most, and rising temperatures will impact energy and water supplies as well. the report says in southeast europe, croatia has placed water usage limitations in the history up and insular officials are advising people to use less water or operate. i'm on us. we appealed to our fellow citizens as well as tourist. i have to reduce their consumption of water. i believe it will be a good indicator in a few days for the water management that measures have been effective. and we will avoid the 2nd step of reducing supplies. and what am we shook of the week?
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work with firefighters rushing to contain flames and the cost of climate change climbing each year. many are very, the situation will verse in the coming years. 3 years into lebanon's, economic mel town, entrepreneur to mara, her re, re, has launched an online venture, selling bouquets of cash. flowers are expensive in lebanon. so she thought this was a great alternative. the cash bouquets are made of lebanese pounds or u. s. dollar bills. and the price is based on the size and the currency. instead of real flowers, the cash gift can be a welcome surprise and help recipients during these difficult times. and a reminder of the top business story we are following for you this our russian natural gas deliveries through the north stream. one pipeline are now expected to resume thursday after completion of scheduled maintenance russian energy company gas prom
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had previously said it could not guarantee deliveries due to quote unquote exceptional circumstances. the pipeline supplies more than a 3rd of russian gas exports to the u. well that's all we've got for more. you can find us on our website, d, w dot com backslash business results. the d w knows youtube channel and you can also find us on facebook for me and the whole business team here in berlin. thanks for watching sweden nation rehearsing. disaster survival training full family way in stock piling for emergencies. first aid course
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in sweden, fear of a russian invasion is rising. the population is at home to prepare for christ. swedish prep kluso next on d. w. the 77 percent international media is off to latinos of focusing fully on negative headlights coming out of the african. but do you agree to international news out there? do they have a lot of the time of the kids to take it? what would you like to see? very important. it's also telling the quick story. it's not just about the ugly, so there is a lot missing and there's a lot of work for the 77 percent. 60 minutes. oh d w, thank oh ah good. is establishing
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an order she ging paint, president of the global powered china, is part of a whole system which believes his time has come. he relies on an authoritarian system of total surveillance on economic expansion without scruples and again and again, you provokes and threatens with the military aggression the chinese president believes his way is for superior than that of western democracy. china's president, she ging ping starts july 30th on d w. now that russia has invaded ukraine, fears are growing. there could be war on swedish soil around the country is preparing just in case both the military and severe.
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