Skip to main content

tv   Business - News  Deutsche Welle  October 13, 2022 6:45pm-7:01pm CEST

6:45 pm
mysteries can't simply pass along the higher costs and are cutting back on production. and where are all the movie goers? hollywood struggles to pack the house after theaters reopened in india. and there are competing theories as to why. hello, welcome to the show. i'm from beardsley in berlin. the war and ukraine has up ended energy markets in particular, demand for liquefied natural gas has surged as europe seeks alternatives to russian imports. data provided to georgia, bella 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 help 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,
6:46 pm
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, bahama, to 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 soft low chimney that is rolling black out almost. ah, it spread all over there and might also it, i mean, late night, midnight. also, we are having this bar and it's been really bad for last 1520 days. it is getting a 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,
6:47 pm
are they so designed that they can still consider continue production or is it disruptive? no, it is destructive. is it up to specially our main export oriented business, which is, governments are spinning and next i use 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 greed 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 industry. so their own production is also being hampered and also the grid electricity is low. so obviously, right now we're going to really about low cheating growth not are, there was the production and i'm sorry i want to ask, are there alternatives to other alternatives to gas in this system? is there an opportunity to move to other fuels?
6:48 pm
no, not so quickly. we can produce electricity, so we have some capacity. where do you select a city from or? we have lost, so i so for, for alarm that is foreigners sort of a base bar pence that capacity that will 6000 megawatt. and there is also shortage of. well, will supply because the cost of it, or it has also got up. and i, our a total liquidity capacity produced electricity is mostly gas base, which is about $11000.00 megawatt. and we have only 5000 my water being produced from gas. because our shortage of gas, so all done, it is all that is also a crunch in supplying of that or, or i will leave it there and we have a whole best floor plan which is not producing, ah, total of about $1200.00 megawatt and we are importing of our i left alone under
6:49 pm
from india. so these are the sources, but not adequate to supply. we are short by 4000 megawatts, right? not all right. want to leave it there will, haven't, 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 massive problem. for some of germany, gas intensive industries and all out crisis is unfolding. it's become quieter at arse. lamita's massive still works in hamburg. harbor rapidly soaring energy prices already hurting production. smoke no longer builds 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 over brown is worry that the ongoing energy crisis might force the company to make radical decisions. as we can recall vancho, it's not just about this plant right here. generally,
6:50 pm
we have to create an environment that enables us to keep operating plants like this in europe, that the log oven, or hope of 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. v outlook is bleak. as a sam, dinner maintain energy price considering the energy prices we anticipate it is questionable whether the plant will be able to operate next year. you have a hope, all 5, you have a time going. the energy crisis has already dealt a harsh blow to germany's economy and it's threatening the country's fact old industrial production. we go now to some of the other global business stories
6:51 pm
making headlines. of such as the steel industry reeling from energy costs, german chemical company b a s f said it will cut costs to the tune of $500000000.00 euros per year for the next 2 years. this will include cutting jobs, b s f uses large amounts of gas and has suffered in the recent energy crisis. ukraine needs $3.00 to $4000000000.00 a month from its allies next year. that's according to i, m f chief, crystelina caregiver. 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 it's resistance against the the russian invasion. taiwan has lifted all coven, 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,
6:52 pm
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 is only a fraction. even stars like a chicken my are army hun failed 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 $1150.00 course because of a star bullet, or despite the content being where the poor major. but now i think audience is not going for that. current says the audience has changed their viewing preferences and
6:53 pm
want more compelling content. others in the industry are baffled. as the was faces, it were free. but previously there, there used to be a flops previously. also, in so many years, but one or 2 gloves nowadays. it did prov stanton. philips 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, it's steven, you know, there's a joke in my family and that these days,
6:54 pm
all you need to do to be able to enjoy a private screening is just by your own ticket because you buy in order to get and be rest assured that no one else has gone to turn up at the theaters, but jokes about this is a big problem in the industry is really struggling. there are estimates that suggest that while 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 staggering leap. double, many reasons of course, but i think the most compelling is that i find is the rise of o 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 that offer one ticket of over watching one movie. so that's something that i really fi. it could be
6:55 pm
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 industries concerned. steve, there have been at the 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 bartley, 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 period drama on her, on a, on a, on an emperor believe to be a sort of a, a by a hindu, a favorite that will be tagged at the box office. so
6:56 pm
a wildcard ssl added, huge 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 at the box office. stephen, we're also hearing that there are other indian films from other regions that are being dubbed into hindi. they're actually doing quite well. is there any explanation there will? yes, even that is mostly a daniel and daily who films now who has dubbed versions have been doing really well. ah, in the hindi heartland. and that has been happening even before pandemic. there was probably then after pandemic, there was, 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,
6:57 pm
the bad scripts which are audience was a bearing with 4 of their god. for the last couple of years before the panoramic, the audience appears to have a tired feeling tired of the bad scripts any more so it needs fresh scripts may be a fresh perspective to look at cinema or steven, or roach, or a car to k and l. a 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
6:58 pm
ah. is the end of the pandemic in site. we show what it could look like. will return in the normal. and we visit those who are finding it difficult. with success in our weekly coven, 19 special. in 30 minutes on d, w. one of mankind's oldest ambitions could be within reach or what is it really is possible to reverse aging researchers and scientists all over the world
6:59 pm
are in a race against time. more life is 75 minutes on d w. every journey begins with the 1st step and every language with the 1st word, hello, it's been equal. rico is in germany to learn german. why not learn with him? simple online, on your mo bile and free to shop. d w e learning course, nico speak, german made easy amount of class. it is increasing every year, many im gonna working on lunch with holiday destinations and drowning in plastic white wine. and he could look at the console with every year. europe exports over 1000000 tons of plastic with use there. another way. after all,
7:00 pm
the environment isn't to recyclable. make up your own mind. d. w. made for mines. ah ah, this is d w. news coming to you live from berlin. fresh russian strike ton ukraine . hit the capital key if the southern city of nikolai also comes under fire rescue workers pull a boy from the rubble of an apartment, building nato issues, a sharp warning to russia not to use nuclear weapons and ukraine. secretary.

18 Views

info Stream Only

Uploaded by TV Archive on