tv Business - News Deutsche Welle August 24, 2022 11:15pm-11:31pm CEST
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it, i mean, it was somebody this day, such as the quality of the water is, is fine. here there was at least some rightful a short while ago where the focus to say it'll be september before more is on the way. it is a reminder, the top story we're following for you this. our president zalinski says it a russian strike on a train station and central ukraine has killed 22 people and wounded at least 50 more. the country was one high alert to day as it marked 31 years of independence from the former soviet union. pinellas of next to the w business moves. i will see you tomorrow with she's up to date. don't miss our highlights. the d w program online. d, w dot com highlights then jen, which d w at any time in any place. losing means
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video nevada's do you have any like a bit of sons to sing along to download is the combo t from super months eats often, use them. tuition for tie are varied. courses put into active exercises are available at d, w dot com slash dot atlanta. on facebook oh, in the lan gym and for free with the w and ah, the colder buildings and darker streets, the german government has unveiled measures to conserve energy ahead of a winter of possible gas shortages. and goldens are waiting for the all of
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the most contested election in their country in a long time. many of them voted with the economy and mind our correspondent reports from the ground. this is the w business. i'm done. elder milan, unwelcome pray sing for a bitter winter with less and less russian natural gas to provide heating. the german government has come up with a plan to rein in consumption and to prioritize the transport of goods required to generate energy hears that plan in detail. this winter may prove to be a perfect storm. reduced imports of russian energy mean more pressure on other supply chains and delivery methods. but to low water levels on major rivers like the rhine mean more and more, cargo is being moved off of ships. as a result, german officials say the will give coal and oil cargo preference over passenger
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travel on railways. if an energy crunch does materialize this winter, i'm done with a school log. we have created a legal basis to be able to act quickly when there is a need to prioritize energy shipments. if there is a capacity shortage or a real run on the railways, which or the railways are working at full capacity. and that's why if additional shipments are needed in the energy sector, in the short term prioritization will be necessary. that could mean that passenger trains have to wait the dog. and thus, as long as you give ob lucy, delayed trains aren't the only consequence. workers and public buildings will have to layer up when the temperatures drop, because the maximum room temperature will be a mere 19 degrees celsius and lights in public buildings and 4 billboards will also have to be turned off between 10 pm. and 6 am. d's in the mos mom, the some of the measures will conserve energy,
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but not so much that we can sit back and say, that's it. now that they will reduce natural gas consumption by about $2.00 to $2.00 and a half percent. so that means we still have a long way to go long. big phones on by during v. germany uses more russian gas than much of the european union. this winter will be a big test of whether the plans to win the country off of the russian sources are successful or simply hot air staying in germany, one of the video game industry's most important gatherings has opened at stores in cologne. games. com sees industry heavy weights and smaller developers, displaying the latest from their labs for hundreds of thousands of visitors. the sector has been turbocharged in recent years. that's as world wide lockdown flooded . the gaming industry with cash, sending global revenues above 195000000000 dollars last year. that's larger than the global film and music industries combined. our reporter,
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christie applied and was at games con, here's what she made of the atmosphere there. the 1st day of games come was very busy with nearly as many women as men attending a demographic breakdown that reflects the new phase of this industry. one that was traditionally more associated with man. there's many people here this week to get previews and news about upcoming games. you can even test out some of them in the hall next to me. there's a long line of people waiting to test out sonic frontiers from sega, highly anticipated game coming out later this year. there's also a lot of simulation games with a hyper local focus. you can, for example, play as a bus driver in hamburg or a cop on the streets of munich on like many industries, the gaming industry really boomed during the pandemic with many people coming to gaming for the 1st time. during the locked down. they seem very excited to be gathered here in person today to discuss their new hobby, despite locked on restrictions being lifted. this industry doesn't seem to be losing momentum at all to the us now
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r u. s. president joe biden has announced to plan to erase the student debt of more than $40000000.00 americans. the government will cancel up to $10000.00 in student loan debt for americans earning less than $125000.00 annually, or $250000.00 for married couples. student debt has soared in recent decades as educational costs outpace inflation. for for more i'm joined by a correspondent, teddy austro and new york teddy. how much of a difference will this plan make economically? well, tristan precise, again, the student debt crisis here in the united states were talking about $1.00. really in dollars total and this relief program likely will cut into it quite a bit. we're talking about 20000000 people. about half of all borrowers seeing their debt entirely extinguish a good portion of them seem to have an ever more people seeing it reduced significantly. no overall, what's most interesting is that this is targeting
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a far more lower income people were looking at pell grant recipients, which is a near perfect proxy for lower income borrowers receiving up to $20000.00 of debt relief. now there was a lot of talk about perhaps student debt relief, giving being a boon to rich households. but that doesn't appear true. certainly good news for a lot of people. but there are some concerns that these measures to forgive student debt, could lead to more inflation or those concerns founded at all. well, to be honest, i am not entirely buying that argument. loan forgiveness, more than anything is contributing to the wealth of households. and that means savings not necessarily spending. now we saw during the pandemic, economic stimuli sending checks to people that contributed mostly to their savings, not to spending. and we know that inflation has been largely driven by supply side
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supply chain disruptions, not on the demand side. furthermore, debt repayment will resume next year, so we see debt. every, excuse me, if we see debt inflation go up, then we'll likely see it offset next year. thank you very much. teddy austro, they're in new york for us. angle lens voted wednesday in a closer contested election. the governing party employee has been in power for nearly 5 decades, but is now facing serious competition as citizens decry widespread poverty and corruption in africa's 2nd biggest oil producing country. this is luanda, one of the most expensive capitals in the world. after overtaking nigeria in terms of output angola is now the biggest oil producer in africa. and here around the bay, you can clearly see the oil well spots. angola is the country of stock contrasts even in the area around here you will find children gleaning shoes of wealthy
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people. the majority of poland still live in poverty and the discontent in society . it has been on the rice element that comes along the shirt of procedure while laurent go on, my head is a rod for me. oh, love it. why didn't he promised he would deliver millions of jobs for the youth. yours, but nothing changed for our son by your daughters. let them of another in no account through no account that i'm in, you that don't have a job like me. that's why we, we want to see developments in our counter. you know, that's why that min menu from here to make a vote, the m p l a has been ruling the country for almost 5 decades. 5 years ago jo, lorenzo became president and made the fight against corruption, a central part of his politics. he even went after relatives office predecessor lates. president edwardo da santos. oh but especially in the cities where most young people live. many say they don't see resolve their lives. haven't
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changed. the economy is still very all dependent. oil makes up more than 90 percent of the country's exports, where the economy went through 5 years of recession and the main opposition candidate, adobe. acosta junior. the party, you need to hopes the anger of the economic situation will get him. mo votes. observers believe this will be the most competitive election and the history of the country are reporter. adrian increased their cheap energy and argentina is no longer a fact of life until recently, argentines are paying half of what their counterparts and regional neighbors, brazil, children, uruguay, or paying for electricity. but the end of government subsidies that mean those days are gone. communications professor, patricia negro teaches post graduate courses online, her daughter, marianna, preparing her dissertation both to spend many hours at home and know that have to conserve energy. their home is one of the $4000000.00 in argentina that will lose
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both the gas subsidy, which allowed them to pay the equivalent of the price of a coffee per month. they'd also lose the electricity subsidy, which made their bill the equivalent of half a pixar dollars have the falcon. we've unplugged all the appliances that on need to be plugged in except the fridge scenarios. we make sure we don't use the lights on it. what worries me a little are the air conditioners in summer outside i recently moved to i dont know how it's going to be here. as it was, i have to see what happens with the air conditioners because those consume a lot of energy. applegate's as he goes all means. meanwhile, it's winter and the solid hemisphere and the building central heating continues at full blast, perhaps because they have not yet received their 1st bill without subsidies. seep energy is running out for 30 percent of argentina's, upper income households. and for another 40 percent of middle class families, if they over consume i'd and teen us, new economy ministers, how'd you masa?
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who took office after the resignation of his 2 predecessors last july. it's facing an uphill battle to reduce the deficit and 71 percent inflation. so he has started by cutting energy subsidized no matter what i mean. really, i yet become an economist here. none has sworn to about limiting subsidies to electricity and gas to achieve the death is a target of 2.5 percent of the g d p. it's part of our den tina's agreement with the i m f. this is, do you see? i'll have to go see, represent the energy subsidies to day by representing 3 per cent of g d. p. bloom in that in pseudo dahlia. the announced package to implemented in its entirety would represent a savings of one per cent. so she will, she are at mosul. more you're replacing that, you know, really pulled up consulting firm director. nicholas oscio calculates that electricity in argentina across the 10th of that in germany. but predicts that even
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with the increase, the country will continue to offer relatively cheap energy. you know that he fought them to another helix. argentina's electricity and natural gas rates are well below those in brazil, uruguay, and chile. the left end for the rates are almost half the can be margin. tina will reduce the rate gap compared to its neighbors isolate. but unlike chilion, brazil, that is it will have a much lower level of energy and portland input at the scene than of him which a mulatto eigen tina is now increasing its own production of gas in the vac. i'm why tough heat, which is needed for its power plants that's are so thanks for watching. hunting down smugglers in south africa. and there are billions to be made that humans are highly protected and in high demand throughout europe and asia. poaching has placed 80 percent of the species under threat of extinction.
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is there any hope left for the delicate ecosystem? 3 next on d, w. oh to oh, or not to own? what about a sharing economy instead of a change in thinking is changing the economy to create something new the economics magazine made in germany in 60 minutes on d. w. ah 50 years ago the international gathering of peace and cooperation becomes the scene
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of a horrible tragedy. arab terrorists, armed with sub machine guns, went to the headquarters of the israeli team and immediately killed one man. and that this will be the last one whistle in life or worse fears of the lives tonight . they're all gone out. i witnesses experienced the terrible events and this, the world should not forget the long shuttle. the 1972 olympic massacre, start september 3rd on d w. ah, ah, welcome to label 3000 guessing the ball rolling on rain 1st protection the former go.
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