tv Business - News Deutsche Welle July 20, 2022 5:15am-5:31am CEST
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daria casa kena county ranked 12th in the world, announced she was in a relationship with a woman in online video. the 25 year old who isn't based in russia, also slammed helen homophobic attitudes in her home country. russia is considered one of the worst european countries for l g p t q, right? you're watching t w's live from berlin. stick around all the latest business is coming up. next with my colleague, chris eat kirsty plants and i'm going to moment, thanks for watching. take care, bye bye. nico movies in germany to burn german. hello pinnacle. why not learn with him online on your mobile and free shut? t w's e learning course eco speak. mm
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you're losing many subscribers this year. 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 d w business. i'm christy flats, and in berlin, russian natural gas deliveries through the north 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 prom 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 a 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 done when we are preparing winter contingency plans, winter preparedness plans. we base ourselves on the worst possible scenario,
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and this is absolutely obvious. the president has said it, the commissioners have said it, everybody has said it. what is the worst possible scenario? it is that and the so for has to be our assumption based on our platform planning that there will be a full disruption on by gas from whether it will happen or not. who knows? netflix, netflix shares rose an after hours trading after the company reported better than expected results. and last, fewer subscribers than expected 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 well for nor on these results. let's brain yann's, corta at the new york stock exchange exchange. yann's, netflix has been bleeding users this year. what is the company doing to turn things around? they sound pretty hopeful now. yeah, christiana,
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it has been the 2nd quarter in a row that netflix is losing subscriber sent that 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 ad, but you can also, or will probably be able to sign up for a model that is, it's based and then you'll pay less to 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, it's all, 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 quarter, the day netflix reported unexpected, then the stock is 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 cranking down on pad for sharing any card. thank you so much for that. now to some of the
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other global business stories making, this will sticking with tack. amazon is suing people who leave 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 on mosque 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 us and the scandinavian pilot unions have settled a wage dispute, ending a 15 day strike, the scandinavian airline announced it reached 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'll create opportunities for businesses worth billions. a fledgling business is going mainstream. if housed the alongside for a long time, the belief was that ben in cannabis wouldn't of consumption cannabis oil can be stuck from that on the chromosome yet. vote now the belief is, is legitimate money and jobs in it asked you for you 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 can of his company, like demi con, need to waste in parts of these 3 mates from uni, quit that job, submit everything they had on growing the perfect strain of lady jane for medical use from taking a new cutting to harvest is about 100 days,
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but within the 1st 20 days the, the plan basically doubles in size every 3 to 4 days. would in mind that every day . 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 she 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. it allows you to grow. he around 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 element and investing in high tech and deseeno pharmaceutical environment. that was
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just quite costly. they're not profitable just yet, but as an estimated full 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 with become at the black market. oh, the other, it'll dry up in the medium term only at least that's what we're hoping for and was hoping allen cannabis could even bring come to the planet for very sure. this plan
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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 in 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. the 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 for our appellate. i'm one us, we appealed to our fellow citizens as well as juris. 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 we track of the week work with
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firefighters rushing to contain flames. and the cost of climate change climbing each year. many are varied. the situation with verse and in the coming years was 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 us 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
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energy company gas prom 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 is also the dw knows youtube channel, and you can also find us on facebook for me and the whole business team here in berlin. thanks for watching a food crisis looms over tunisia without grain imports from ukraine. the country must rely on its own harvests. but production
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suppers, as climate change, rages on burdened with feeding a whole country. tunisian farmers now have to innovate eco africa. next on d w. it was supposed to be the emperor's place of residence, the whole huntsville and palace sicilian health in potsdam. but these walls have other stories to tell the nazi era, the potsdam conference in the g d. r. have guard this manner. cecilia off the prussian eagle and the soviet red star. in 45 minutes on d w. ah, ah, sometimes a seed is all you need to allow the big ideas to grow. we're bringing environmental
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conservation to life with learning packs like global ideas. we will show you how climate change and environmental conservation is taking shape around the world and how we can all make a difference. knowledge grows through sharing. download it now for free to come have a v is counting the highlights you every week in your inbox. subscribe now mm mm ah, with there is no getting there. raul dates that climate crisis is forcing those all to make changes. the.
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