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tv   Business - News  Deutsche Welle  May 9, 2023 1:15am-1:31am CEST

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year old has scored 12 and cities 26 goals and the champions league this season. this may be the best chance for european glory manchester city will ever have for the go has a quick reminder of our top story. russia has launched as big as china sold yes. on ukraine. if mazda 6, the radian made kind of concentrated stock into the country, the strikes reports, and the injured, at least 5 people ahead of russia's world war 2 victory day celebration. at that time, businesses next. the guardians of truth, my name is john dean and i have paid almost every price of being enjoying this in a country like to tease taking on the powers that be they risk every thing john
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doing dar, s activist journalist and politicians living and exile too much on my shoulders, but i have to hold this way because i'm responsible for the future follow culture for the people who are behind the bus for the people are nice to know what is happening there in our series guardians of truth watch now on youtube dw documentary the turkey is economic phase is on the line that's the country prepares for a knife edge both this weekend. as emotions run high, we looked at how it last or a victory for pressing the rest of type or the one with the shape of the response to a major cost of living crisis. overcome me off building
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a better future for slum dwellers in argentina. we look at how an investment drive is helping to pull people as a business deal of the business. i'm paid ferguson. thanks for joining me. this weekend, over 60000000 turks will go to the polls to vote in historic presidential and parliamentary elections. opinion polls suggest the vote could go down to the wire as pressing the rest of pipe. i heard 15 to extend his to decade rule against unimed, bold and opposition coalition led by camille coach star lute the boat is taking place in mid deep economic crisis. as well as, as of control inflation, the country is still reeling from a devastating earthquake earlier this year is done, bill barbara hacky. mckintee is a long time supporter of friendship. tie up air to one, but he won't be voting for him. this time, he blames the president's economic policies for eroding turks purchasing power.
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hacking, son lives abroad, but he's unable to visit him anymore because the turkish layer has lost 30 percent of its value against the dollar since the beginning of the year. so the site wants the exchange rate to decline again. i want the price of petrol and inflation to drop and i want to go back to the life i had 5 or 6 years ago. i want to be able to go on a picnic and travel abroad, should i get any hair to one was able to maintain his photo base thanks to strong economic growth in the 1st 10 years of his rule. but a cost of living crisis triggered by his own orthodox economic program over the past year and a half as a road as his popularity analysts say that poses the biggest electoral challenges to his 20 year, hold on power. he badly hurt people's pocket. and that's why i guess this election seems to be the one that
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he's no longer that secure in terms of winning the election race is on the razor's edge here at a farmers market in central east envil. everyone agrees the economic situation is dire, but they're divided on who they're going to vote for. the government gave us the consent salary increase, but inflation is up to 100 percent of the official inflation rate. the government announces is just not true. prices have risen $34.00 times compared to what they are saying. what we're feeling oppressed. indeed, inflation is very difficult for us not, but the people are at fault, not added one. santa barbara hockey, mckintee has also yet to decide who to vote for among the 3 candidates standing against president air to one. and that's bring in the deal. the reporter act from aquino efram, whoever wins this election inherits
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a very deep economic crisis. i want to look out about to type. i don't want 1st, he's been pursuing very on orthodox economic policies. you could say, while the rest of the world has been raising interest rates to buffalo and station, he has been lowering them. if he wins again, can we just expect more of the same? yes. that's the shorts are short answer. so he has, he gives no sign that he's going to back to right. that this policy that has been following since it's almost 2 years now. and she's transferring behind this comic policy that is going to work eventually. as you have seen does a drop in inflation which the on other side because of the bodies effects and we were talking about last year around here we were talking about 8 to 6 percent and now it came down to 4 to 3 percent, which is still a lot and he and his comic to advertise this as like, you see it's working and that's actually not working. we see it on the ground
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receipt. we see everywhere we go into our key and front of the software, basically, and an independent deflation research group say that that gets to over 100 percent in real life. and yeah, or the one has given no sign so far that she's going to back to practice is going to go back to the convention of economy policies and she just defends it's still. and he says it's going to work. so he basically says that we're going to fix it, how we have no idea. okay, same final orthodox way. all right, so let's look at the possibility of change. then the opposition comes up, came out. can you choose or what is he promising? he's basically promising 1st reinstating the stress, it's in the parliamentary system and abolishing the presidents, the system where you look at the words coming from the mouth of one man and promises to go back to um, how is it, how, how do i say that rational corner mich policies, meaning hiking,
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interest rates and driving up for an for and i direct investments in tacky and yeah, they're jumping up to date the investments and focusing on fixing their crazy high inflation levels. so basically this is what he promises, and we will write tennessee on sunday if this is going to, if this is going to work, if it's going to vin and, but no matter what happens, it looks like it's going to take up this 6 months that you feel the effects of a possible opposition victoria in talking in terms of economic sense. sure. and i want to end with a personal question. you have family and friends in turkey. how are they coping with this? really, what we can say crazy cost of living crisis. they trans, basically no family into okay can cope with this, this, this type of economy, $3.00 to buy only doing what they do all the time. they keep reducing,
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they keep cutting from their lifestyle. they keep cutting from even basic stuff like food and in terms of young people they received a lot of, uh, a might outward migration of uh, large amounts of scouts labor. and because people don't see fees or young people don't see the future as we see everywhere in the interviews and street interviews when you, when you question them in calls, they say, yeah, i don't have a future kentucky. and i'm gonna, i'm going to look elsewhere to, to, to find a decent life basically. so it's, it's basically a very sad picture of hopelessness. and yeah, everybody is looking into the connection just, it's in people into care, fix sites to this. and there are, there's a large section of sites there wanting to change. all right, so the stakes up the selection could hardly be higher. i come get you. thank you so much for your insights now to some of the other global business stories making news
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. the european union is considering functions on 7 chinese companies accused of selling equipment, support, watches, war, and ukraine. thing, 52, mainland chinese companies, and 5 from hong kong. some of which have already been sanctioned by the us. china has urge the you to refrain from further sanctions on, threatens to retaliate. german industrial production is down fully more than 3 percent in march compared to the month before the decline partner driven by itself and car production house for the 1st periods of a recession in europe starts economy activity in the construction sector on production of machinery and equipment. also decreased. now let's taking to argentina where urbanized patient has left millions of people living in poor conditions on the outskirts of fish. these efforts to improve the situation are underway, though and in recent years,
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authorities have spent hundreds of millions of dollars on improving housing. paving roads and expanding access to electricity in our next report will meet a man whose life has changed as a result of that investment. heavy cost stuff 1st move towards the legal boy. you know, this is where it's hot stood right in the middle of one of the windows iris. many fellows. now his family and 600 more, but moved into a brand new apartment, a few blocks away. this is where he lives now with his 3 kids. he makes low monthly mortgage payment plans to do so for the next 30 years. mobile fee novels. uh our old home had just one or 2 rooms. this as a new life. we feel like we've got some dignity back with running water and such before we came here, we were discriminated again, even when looking for a job being from a for the low as a problem. well, you can be nice to see that, but i couldn't because he did all to avoid such discrimination. many for the
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residents won't give their address. when looking for work. have you. it has recently opened a pizza parlor and now service customers who would not have set foot into a sub a lot just a short time ago. others who have stayed in the old homes are seeing improvements to somebody. i mean, the older social secretary of photos iris, the modernization of the, for the, of us as an important integration measure so significant. but i mean, we have whitening the streets so that passes can get through. we improving access to water and wastewater electricity, other public services. we have generally improving the social structures and everyone's access to help. but i do cation and work, but i thought that this hello, that's the one you did, that all the city hopes that life for the, for the less will also benefit from all businesses opening and more jobs being offered. those almost 6000 fellows all across argentina. almost $1000.00 are
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currently being worked on and on. i mean, you'll the secretary for social and urban integration. listen winners. irish luck come off of a la. she explains what's happening on the scene. i've never heard of them. there's more organization, thanks to better services. the city is building more lots, there's services for families, massive improvements on housing with half of the meat piece of program. that's like a lottery where disadvantage women can get access to federal funds to renovate their homes. the boy next adams will to you, and i feel the appointment quite a lot kava, more than 800 people receive such federal funding. many spend it on fixing electrical hook ups and fuse boxes to avoid accidents and fires a leg. gladys maldonado, a pensioner who lives in the neighborhood, was a family of 6 months on the cell. the wires used to be crossed and often touch the
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framing. you still go on the chair. sometimes we would open the door and get an electric shock with blood would not no similar mind improving that infrastructure. this meant to be a start to a better life in la kava, and other for the last or. and finally, the weather is finally warming up here in germany. a lot means going to a beer garden for many people. but one of germany's best known product isn't going to be as cheap as it used to be. the glasses aren't the only things that are being res high. the brewers association is expecting the most expensive summer ever in germany's famous beer garden, hot laser of the year, and now typically call 5 euro is a more price that was on thinkable just to months ago. many very say they're having to pass on a sharp increase in energy call that rock supply show for more do check i t w dot com slash business. you'll also find as long as you got the news,
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youtube channel for me and the entire team is goodbye. the nameless stead, hundreds of migrants dying along greece as border with tucker of greek forensics expert investigates. because the victims not to lose their lives, but also in their identity to close on a pulse. beginning of a story that takes us along for the ride. it's about the perspectives culture
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information. this is the, the news w mines. these places in europe are the record, a step into a big venture. it's the treasure map for modern globetrotters. discover some of us record breaking site on drawbacks youtube and now also in book form the goose but these are the personal belongings. one unique number.