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tv   Business - News  Deutsche Welle  July 6, 2023 4:15pm-4:31pm CEST

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time population and these 2 tests, of course we need to define and to, to, i mean on the, for the focus of a good thing. yeah. then 6 launcher points, you know, go through the flight, the launch bed. but for now, it's time to say good bye to a legendary rock at the already on 5 will be a tough act to follow high up into the arts. not miss fear. had to beyond all have a world news at the top of the all kate ferguson has more details about the new twitch bible threats in the business of dates in just by the stopping climate change. that's what they're ringing for. several zones of the earth will become literally uninhabitable. today we're talking about a few 1000000 refugees into the future. we're talking about the
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it's, it's no longer question of whether we get out of cold oil and gas. but when the funds assume about commitment and hope about visions and the people behind the verb and catastrophe. climate change starts july 13th on d, w. the does the future of twitter hung by a thread. millions of users flocked to arrival off launched by facebook. parent mess up will bring you expert analysis on the social media showed and grueling shift in poor condition is what daily life is like for india as millions of things don't sugar work. and this is dw business and k ferguson and
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thanks for joining me. facebook parents company massa has launched a platform to compete with twitter. it's called threats and has already attracted millions of users. many of those signing up are towards your uses who are unhappy with the direction the platform has taken under e long mosque. the threats up is directly linked to instagram enabling mass, had to collect data like vocation, health and search history from both that it's been rolled out in more than a 100 countries, but notably not in the you where privacy laws are more stringent to talk more about this that spring and mike prue from global market research group. forester. mike, have you joined the drugs i did as soon as it launched last night here in the states. and how do you raise it compared to treasury so far? it is very twitter like so. anybody that has been using twitter will find the answer phase. very familiar. but one of the things that threads has done really
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well as the onboarding process, especially those that haven't been using twitter because it is linked to your instagram account. you immediately are able to follow people that you follow on instagram. and so this inherently made it go there. i say viral out into a wider community and within 7 hours they had over 10000000 sign ups as a result. okay, so they have the numbers behind them, but one of the many problem with that towards your heart is that it struggled to make money, it to have millions upon millions of users. those try to have a more promising business model than twitter of so let's know that threads is part of meta and meta owns facebook. facebook is and has the end of the fact of standard in terms of monetizing social media ad revenue. facebook and mehta have the scale of users and as long as threads is able to reach
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a point in which there are, is a mass user base on the platform, then threads will likely monetize through ads. the problem in the struggles that twitter has had for. so long is that when you compare the size of it's a social network compared to that other platforms, it is one of the smaller ones. all right, but i want to look at the united because price is not launching here a sense to me because there are issues with previously how is try is different from the likes of instagram or facebook which can be accessed here. threads because it is an offshoot of instagram, isn't that different in terms of the data collected, but it is a lot of data that's being collected on individual users. and when we pulled users in the u. k. us and canada about their reluctance to join threads, privacy and consumer privacy and usage of personal data,
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really popped to the top of the charts. and so what threads has to contend with are the updated or new rules around data governance and privacy coming out in the next year. they are treading very lightly because obviously they don't want to end up in hot water, which is going to delay. ready a launch until they can ensure that they are in compliance. i want to look at user experience. so back in the early days of twitter and facebook as well content with somebody displayed chronologically on the timeline. what do we know about how the threads algorithm actually works to? so this is the number one right from a current threads. users, even though it's only about 24 hours, less than that old is that it is using a typical a i generated elder of them uh to display content. so it is not in chronological order. unlike twitter, and there is no way at present to be able to display in chronological order. so
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similar to how instagram now works, he strides and suggesting posts that it thinks that you're going to like based upon how you engage with the platform. this is something that has always struggled with in terms of being able to capture the real time conversation. and so if you look at the fif of world cup women's world cup that's coming up right now. one of the great things that twitter has always done is be able to capitalize on those now moments with a chronological feed that's not happening on threads yet. finally, briefly, mike, how worried is eli mosque about this? um, you can benefit me. she's concerned whether or not this will kill twitter is doubtful . twitter has existed for a long time. what's going to happen is that the user base of twitter, the make up what is comprised of will continue to change and shift. you can bet twitter is going to become a lot more conservative and threads is going to the alternative to twitter for
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a many, many users. alright, mike proved from forest are thank you very much. you back a night to some of the other global business stories making news. us treasury secretary john it yellen. how's the going to a 4 day visit to china where she's seeking to stabilize ties between the world's 2 largest economies. visit takes place against a tense backdrop just days ago facing introduced export controls on to rare metals essential for the production of microchips, of the russian rubel has off to a 15 month lo officer, an attempt to revolt against moscow pump to demand for foreign currency capital controls have generally help to strengthen the roubles and special invaders ukraine, but recent developments have raised questions if i present latimer pollutants. chris on power the laser tale and prime minister silvio berlusconi has left majority control off his business empire to his 2 eldest children. one of ashley's
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richest man, he had amongst a fortune that's the real estate television. send them out on the course. the 4th time prime minister died last month from leukemia. india has surpassed brazil as the world's biggest producer of sugar, turning out a rack or breaking 30000000 tons of the sweet stuff last year. but those on the lowest end of the food chain, the seasonal work has to harvest on process the product. receive nature incomes, unless in dire conditions. for more than 10 hours a day, these hands, harvest stocks of sugar cane, they belong to 40 year old sakina, who migrates to the southern part of boudreaux not every year with her husband and children to find a job in the fields. yep, the head of the police have the money is essential to run the household. it's not like we don't need money. i have small children who depend on me while we're at
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home. my children can study for months, but during the 6 month long migration season, they missed school. this is a big obstacle for their education going available. so after 6 months of backbreaking work, sakina collects a salary of a mere $350.00 euro. if she needs an advance, she can ask her employer for a loan, but the interest rate could be up to 50 percent, making it impossible to pay off the beginning a cycle of debt. sakina is one of nearly one and a half 1000000 indians who migrate internally to work in sugar cane fields. the sugar is processed in a factory less than 20 kilometers away. it's one of the largest crushing meals in the region, running 24 hours a day and employing more than a 1000 people. many of whom live in this nearby camp, which lacks basic amenities, something that local activists are trying to change. no, not. what do we be able to do? our demands also include access to clean drinking water, electricity, toilets,
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and bathroom facilities. since the women have to go out for toilets or take a shower outside, it says if the government wants to wellbeing of labor's lot, they should make a law that is implemented immediately. and that provides them with the right to live with dignity. back in the fields, workers toil to earn a small wage and bring sugar to homes around the world. for more in this we can cross side, so you'd be able to, you correspond entire cars, k and daily. so we saw in the report just now how difficult life is for the seasonal sugar workers. are their voices being her is by far he's in india as well? they're not kate. in fact, of the government's role recently came into scrutiny after the bomb be high. court took note of a newspaper article on the plaque of these workers and advisors who will motor public interest at litigation case on this matter. the thing is these, the workers are entitled to a lot of protection notice of a liberal law,
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some of which are also state specific in india. but obviously they are being denied those 2 protections. so now the bombing high coat is pulling up the state government and the state government is basically giving assurances that as well as that of mechanisms to ensure that these workers are protected. and there is another really important aspect to this story. the children of these workers spend months often without going to school. this must have huge repercussions for their future, or you escape of massive repercussions. in fact, one reports suggest that as many as 200000 children younger than 14 a company that battens a during the cutting season every year. that's a big number. they live in temporary accommodations, obviously with their parents when they're gone. and obviously they missed school. some of them uh, drop out from school all together at a very young age and eventually the there's no option left for them. but to join the parents in the fields and eventually taking meeting, meeting the same kind of feed as the parents. so that's obviously very tragic.
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unfortunately, no development seems to be happening on this front as of now that these are of course, presto stories that are part of what is a very important industry for india. as we mentioned earlier, recently is of hospice deal as the world's biggest sugar producer. but exports have not actually risen as much as you might expect. why is that? or what, what good, actually, the thing is in the is not just the was largest, should produce a, it is also the was largest consumer. so it needs a lot for domestic consumption as well. so and then right now, because of changing weather patterns, the pre ordered use of entirely shifted to fulfilling domestic needs 1st. so in fact this, this was probably for the 1st time in the last several years that india has actually restricted imports and exports because that our fears that el nino might hit the production. and if the production is had been domestic needs might stuff up . uh, also uh, the government believes that there's a lot of volatility in international markets,
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so it's better to focus on fulfilling domestic needs then making, leaving the rest for ethanol and then looking at exports depending upon the stocks later on. rise. so a carpet and value. thank you so much. i a and a reminder of the top business story you were following for you. facebook parents company metro has lost a platform to compete with wizard, cold threats. it's already attracted to millions of users many signing up, or formerly on to assure under unhappy with the directions the platform cars taken to undermine the threats office directly linked to instagram and everything. message, playstation, like in patient health and search history from us. and that wraps up our show from where you can always check as he w dot com slash business for on the think of the news channel as well. for me and the business team here in for lynn is by taking the
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cold p policy. do you know what that is? no, no, no. it each step of the entire you budget we explained to what, why and half focus on u. d. w, the russians no longer need the baltic states. why should name? there's no gold. it's only just practice at the minimum of
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a single class. 7 months before russia attacked ukraine, a filtering documents daily life of the town. how are the people who are dealing with the growing tension? they change their world. the brain hold on. we are with, you know, when i me inside starts july 8th on dw, the hello, and a warm welcome from brussels, the capital of belgium, and the european union. the future of the issue is decided right here. so how can of achieve equal development and prosperity for all of its 20.

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