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tv   Business - News  Deutsche Welle  October 13, 2022 3:45pm-4:01pm CEST

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industries can't simply pass along higher costs and are cutting back on production . and where are all the movie goers? hollywood struggles to pack the house after theaters reopen in india. and there are competing theories as to why. hello of the show. i'm seeking beardsley in berlin. the war and ukraine has up into energy markets, in particular, demand for liquefied natural gas has surged as europe seeks alternatives to russian imports. data provided to deutsch avella by the analytics group, independent commodity intelligence services, shows just how much of between january and september demand for gas jumped by 157 percent in belgium compared to the same period last year by 109 percent in the netherlands. and by 88 percent in france. but while european countries helped drive up energy prices, many emerging economies can't afford the fuel any more. demand tumbled 19 percent in pakistan, 17 percent in india and 10 percent in bangladesh,
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where energy shortages are now becoming more common. the last week bangladesh suffered it's worse blackouts and nearly a decade with 100000000 people without power. meanwhile, the country continues to apply load sharing or selective blackouts. the network mohammed tell me, is that bangladesh university for engineering and technology. i asked him how bad the situation actually was i say very bad, i must say. we are going to for fire our so low, chilling. that is rolling blackouts almost. ah, it spread all over there and might also it, i mean, late night, midnight. also, we are having this bar cox and it's been really bad for last 1520 days. it is bedding or getting worse. actually. what does that mean for businesses? that's hard for households, but obviously obviously, but what about businesses for production, things like that is,
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are they so designed that they can still consider continue production or is it disruptive? no load is destructive, is it up to specially our main export oriented business, which is governments are spinning and extends all of this missionaries, they have their own power, but you know, there are a lot of a lot of industries which depends on our great bar because our industry, a large portion, it produce their own power from gas, and there is a shortage of gas as well to the industrial saw their own production loss of being hampered and also the grid electricity is also obviously right now we're going to really about to, to grow our there was going to have funding the production and i'm sorry i want to ask, are there alternatives to, are there alternatives to gas in this system? is there a, an opportunity to move to other fuels?
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no, not so quickly. we can produce electricity. so we have some capacity, reduce liquidity from, or we have loss so far. i. so for, for alarm, that means the foreigner sort of a base barb times that capacity that will $6000.00 megawatt. and there is also shortage. oh wow. will supply because the ball stuff or, or it has also bought up. and i, our daughter liquidity capacity produced electricity ease, mostly gas base which is about $11000.00 megawatt. and we have only 5000 my water be produced from guess because our shortage of gas. so all done, it is oil. that is also really, that is a crunch in supplying of that or, or i will leave it there and we have a cold, best floor plan, which is not producing a door to a lot of out to all 100 megawatt. and we are importing of our i left lavon from
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india. so these are the sources, but not adequate to supply. we are short by 4000 megawatts, right? not. all right, we'll have to leave it there while i'm at. i mean at bangladesh, university of engineering and technology. thank you. thanks. europe may be spending big to get his hands on that coveted ellen g. but passing along those extra costs remains a mass of problem. for some of germany, gas intensive industries, and all out crisis is unfolding. it's become quieter at art, limited, massive still work in hamburg. harbor. rapidly soaring energy prices already hurting production. smoke no longer bills out of one of the 2 chimneys at the plant . since early october, $530.00 work as at the plant have been placed on reduced hours. c e o o. brown is worried that the ongoing energy crisis might force the company to make medical decisions. this because it's all on top,
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it's not just about this plant right here. generally, we have to create an environment that enables us to keep operating plants like this in europe as the log open are hope up for this young person. if these conditions do not materialize, the company will consider relocating the energy intensive parts of the production elsewhere. the rapid hike and energy prices due to rushes war in ukraine led to a 7 fold increase in the company's gas bills. and gas plays a crucial role in the iron or reduction process. business as usual is now cost prohibitive. ve outlook is bleak. as they say, i'm a dinner at any price considering the energy prices we anticipate it is questionable whether the plant will be able to operate next year. yeah, i hope so. 5, you'd have the time going. the energy crisis has already dealt a harsh blow to germany's economy and it's threatening the country's backbone. industrial production. we go now to some of the other global business stories
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making headlines of not just the steel industry reeling from energy costs german chemical company b a s f said it will cut costs to the tune of 5 $100000000.00 euros per year for the next 2 years as will include cutting jobs, b s f uses large amounts of gas and has suffered in the recent energy crisis. baverly, ukraine is $3.00 to $4000000000.00 a month from its allies next year. that's according to i. m f chief crystelina york ever. she's calling for both the u. s. and the youth provide more financial support to help keep keep ukraine's economy afloat and bolster is resistance against the the russian invasion. taiwan has lifted all cove at 19 entry restrictions. tourists can now travel to the island without pc, our tests, and without having to quarantine, they will, however, have to monitor their health themselves and will need a recent negative test to explore the island. during the 1st week, bollywood is facing its worst ever crisis. since coven curbs were lifted,
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crowds have pretty much failed to show up in large numbers of cinemas, experts point to streaming services and even non hindi language rivals. to explain that drop off. but what exactly is ailing? the multi $1000000000.00 industry isn't so queer. known for its glitz and glamour, drama, and dance. bollywood finds itself in a real life. her story. where once many of india's 1400000000 population would cue for these movies. now there's only a fraction, even stars like a chicken mile or i'm in hun fear to bring in the crowds. back in the day, you had this big star, ah, you know, who could do anything one's cream. and even despite him doing whatever good or bad, whatever it is, he would end up getting a collection of 2150 courts because of a star bullet. or despite the content being where the poor major. but now i think audience is not going for that money. mckayden says the audience has changed their
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viewing preferences and want more compelling content. others in the industry are baffled, says the was places it were free. but previously, there is there used to be a flops previously also in so many years. but one or 2 gloves nowadays. a did prov stanton who ups turns out the movies still doing well at the box office are no longer bollywood. but dollywood productions meet by a delegate language neighbors in southern india. competition is also strong from streaming services. insiders wonder if bollywood will ever return to its successful heights? and if like most bollywood movies, we'll have a happy ending. let's go over to our corresponded cherokee in delhi, charo. there are a lot of opinions on why bollywood is struggling right now. is there one explanation that you find most compelling? well steven, you know there's a joke in my family and that these days,
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all you need to do to be able to enjoy a private screening is just by your own ticket because you buy an order ticket and be rest assured that no one else is gonna turn up at the theaters, missouri about this is a big problem in the industry, is really struggling. there are estimates that suggest that wine in 2009 that is just before the 2019, just before the pandemic, the losses for the ab order, the failure rate for the hindi film industry was 39 percent my right now. it is at 77 percent. so that has staggeringly doubled many reasons of course. but i think the most compelling that i find is the rise of or t t o at least 25000000 people across the country use or t t. now they essentially meaning that they watch movies on their handsets and on other devices within the confines of their home, or even when they are travelling there. so this is like netflix, amazon prime, hot stars, e 5 that offer a monthly subscription. that is about the same value as 0 for one ticket of over
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watching one movie. so that's something that i really fi. it could be a compelling reason, although, you know, people are still grappling still trying to understand what is really behind the decline in numbers as far as the hindi film industry is concerned. steve, there have been at same time some observations that the fall off in the box office for bollywood films has paralleled the rise and hindu nationalism in india. it could be that the cultural attitude toward bollywood is really changing well, yes and no on that. steven barclays. yes. because among the biggest hits of this year, now, one of them was cash move files, which was a telling of a retailing of the military. the story of the militancy at our, of fergus, me from a hindu right wing sort of her perspective. and it was quite a success at the box office. but apart from that, just after that, another movie on a barrier drama on a, on a, on a, on an emperor believe to be a sort of a, a, a hindu favorite that will be tagged at the box office. so
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a wildcard ssl attitude could be changing and these movies are being made and they're being popularized by the party in power at the center. but then not all of these movies that have been doing well in the box of stephen. we're also hearing that there are other indian films from other regions that are being dubbed into handy. they're actually doing quite well. is there any explanation there will yes to you in that is mostly optimal and daily. who films now? who has dubbed versions have been doing really well. ah, in the him, the heartland. and there has been happening even before pandemic. there was probably then, after pandemic, there was, are, are, are, there was k g, f, a. the reason could be that these are movies. how are offering a fresh change in terms of the script in terms of direction? some of them have been very big budget, you know, period dramas, which with, with the grand treatment that something that the hindi film industry has yet to experiment with. and of course, many, our analysts are also of the opinion that the,
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the bad scripts which are audience was a bearing with 4 of the gods. for the last couple of years before the panoramic, the audience appears to have a tired feeling tired of the bad scripts anymore, so it needs fresh scripts may be a fresh perspective to look at cinema or steven, or roach regards. okay, and deli, thank you. that's it. for now, we'll be back in a few hours with more business headlines. in the meantime, check us out a line d w dot com slash business, and on youtube or the d. w channel to watch. ah ah, with
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at frankfurt airport city, managed by frappe waterloo. ah ah, this is d w. news coming to live from berlin. fresh russian strikes on ukraine, hit the capital, keep. the southern city of nikolai also comes under fire rescue workers, pull a boy from the rubble of an apartment building. nate who agrees to supply more powerful air defense systems to ukraine.

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