tv Business - News Deutsche Welle August 14, 2023 6:45pm-7:00pm CEST
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says germany's high airport fees are hurting consumers by reducing choice and high temperatures across europe are putting more pressure on water supplies. we're looking at the industry is adapting the welcome to our show on steven beardsley in berlin. we begin with china and fresh turmoil. and it's trouble real estate market . shares of one of the country's top private developers, country garden plummeting monday, after suspended trading of 11 of its own shore bonds suggesting that it was having repayment problems. rotors reporting the country garden has already asked holders of one of the bonds to allow extended repayment. and the developer owes more than a $1000000000.00 in september alone. chairs on, on the hong kong exchanges the hung song index fell on the news. the analyst at moody's or warning country gardens problems could spill over into the real economy . we're sending a crisis that has already led to high profile the thoughts and put a damper on china's domestic economy. so i'll see you here for focuses on asia and
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the pacific at the academy for political education and tutoring in germany. she joins been out for more. so i'll see you welcome back to the show yet another developer in china facing a serious cash pinch. how critical is this news by country guard? thank you very much for the invitation. this is a serious signal from the overall chinese. um it cannot make situation. however, we have to look into china's property market. so there's an issue with the failing depth width and a country wide problem with repaying depths, we have to differentiate this, hide me for a trip and harvey on equal property market. can we say that this problem will get worse before it gets better? they're going to be new properties coming onto the market, but it seems that consumer demand overall is still following as well. at 1st sight, it seems the regulations from the government out for seeing property developments
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to follow posts and construction companies to increase the o. s. it's their own voice and decrease and to limit the depth of cost part of the problem that seem to have been a business model that 1st developers and construction company is conducted. mommy, the licenses may be done, employed engineers and build this so in effect, a business model turned upside down. the result is in the catastrophe. however, we have to look into that very and in a detailed picture because small people putting all the savings into a flood that's more high, it's a 9 to be finished or never be billed. of course might have lost all their money. that's different. it's different. so different picture of calls are launching this
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. we just try to put the money and an investment. but overall it's, it's a very troubling. it's a, it's a very hot chipped picture we're receiving here, sauce. and we should look into that to the effects of photos. it of course that is also having effect on the, on the oh, cool, associate economic situation in china and that is very troubles. so ask you a, briefly, badging has seems reluctant to build out this sector, but is it running out of options as well? no, uh, interestingly, um, the government does not seem to be willing to invest billions of uh, any currency into large infrastructure development project anymore like default and road initiative that used to be able to hold up by a lot for construction companies are simply putting surplus labor at substance
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workforce focused material into other parts of asia and well, this doesn't seem to work anymore. we also have to take into account that there was a smoke people who just put a savings. and last that you will not be able to pay the mortgage anymore. not be able to pay that mostly right. i mean more and also losing everything. so this is also a social um, how the kac full, the communist party in china. if too many people get too unhappy with the probably try to find out for me to the instruction southgate here at the academy for political education and thoughts. and thank you very much. one of the used top airlines budget carrier. ryan air is continuing with its dispute. its excuse me is continuing its a new with germany over what it says. our excessive airport levies the airline releasing link. the statement on monday blasting plans to raise securities to chip
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security fees again in january saying that jeremy's overall fee structure is in fact reducing the competitive competitiveness of smaller players like ryan air, which then plays into the hands of flag carrier, move tons of. and then turn reduces consumer choice. know both ryan, air and easy jet have reduced their presence in germany, despite expanding elsewhere in europe. or was that down to date with ryan, their ceo, any wilson to talk about those fees? and 1st i asked if this company was finally over dependent, we were the best recovered or alarm coming out of cobra. we kept all of our people employed and we kept our licenses current because we knew this has to be over at some stage. so we recover to almost a 130 percent of pre co would capacity. and we've been able to expand throughout europe, but sadly, not in the way we would want to in germany. let's talk about that. um, germany has not fully recovered from for reiner business. that is, it hasn't been a full recovery to prevent them at times. is that correct?
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when germany hasn't recovered like periods, like in a, in aviation, and germany is recover the 77 percent the worst performing at aviation marketing. your okay. you said these are right across capacity doctor's right here for everybody as, as a matter of fact, reiner has marginally grown in that period, but the overall market ation seats in germany as contracts ok right here. points to fees as making its business in germany, much more difficult. how important for a low cost carrier are these kind of fees that you're seeing at airports right now in germany. but i think it's important that consumers who have bailed have your national carrier here to the tune of 11000000000 euros am. and what has happened is they haven't recovered the largest carrier in the market. they have constrained capacity, which has put fairs to the roof, like germans at the moment, are paying some, sometimes in the order of 800 euros for one way. fears for what is happening now is that security taxes are rising, which goes down to the fair ultimately. and the german system is hopelessly
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inefficient compared to 2 other countries in europe. and it is in, in the medium to long term here. german consumers are in for a long period of sustained high pricing because there's, there's no competition on chart. the charging structure, a german airport is now effectively a barrier to entry. the german government would say that those security fees, which they've been raising, consistently have to be paid and point perhaps to the airport the way that they've suffered during the pandemic. not all of them have great finances, and the argument could be made that the states that his tax payers will have to pay those fees if the airlines don't. is that a hard sell to make known as we didn't know, was hoping that like if it's not the correct analysis, for example of madrid airport, i know choose this summer and it was for your rose for, for an education tax. and in germany, there's a cap of 10, some airport, they're actually charging 12 yours. there is less processing time. if you go to
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frankfurt airport and these figures are freely available, they do easy passengers per hour. true. elaine gap airport, those $263.00, it is a system that means that it's pass on for consumers. if i was to tell you, when you went through frankford main airport, if you want to pay the airport charges, it would cost you as a consumer, $52.00 euros to walk through the terminal. 50 truly yours to walk to a terminal. i mean, like our scanning package as is a fraction of that elsewhere and your once costs go well, they're passed on to fairs. the only airlines that actually make something out of that are the incumbent carriers, couldn't care less if they've got less seats. the prices are higher, no competition, sustained high prices for consumers. and that's the things that god forbid that they have to share a line for 11000000000 euros, which they made money on. we should mention every other day was also a legal fight. according to europe, the union and, and what has happened is that, is it this functional? like why do we have to do extraordinary measures during co with that's just leave that behind just this is of a german consumers today and their ability to have choice. if the german government
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port up the cap today, the regional airports are going to be have hardest because it's a higher proportion of their cost. there will be less capacity. and after me even higher air 1st. so that interview actually went a good bit longer and touched on other topics, including italy's new plan to catch some airline ticket prices. you can find the full version on the dw news youtube channel under the business section are shifting gears. this summer's heat wave across europe has put more pressure on water supplies, especially in areas with high trust numbers. but with water itself more scarce, these days, hotels, beaches and amusement parks all re thinking how they use it and recycle it. it gets away in the sun a holiday like any other except the increasing concern of a climate change. some of those are becoming more intense. walter sketched, the more common at the sound, the hotel, they save water by collecting and recycling it. it's high time. it says the hotels
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environmental monitor allowed pets with more than $400.00 rooms. it all adds up to component in our system consist of collecting water from showers, the days sinks and bath tubs, which goes through an internal circuit that ends up in these pipes. that water is filtered and passes to a tank where we treat it with chlorine. so that is something that is on the muscle. even here in the box of unit, the mon, recycled water is put to good use. it's no longer fit for drinking, but suitable for watering, green areas and cleaning pots. after all, the ongoing droughts has resulted in a 25 percent increase in the use of wastewater even at water. well, they're trying to use water most sparingly, samuel, the store funding in doors, the term gardens for pavements, changing the type of vegetation,
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grouping plants together and storing systems to maintain humidity and so on. that has allowed us to reduce annual consumption from 77000 cubic meters annually to 52000 last year where they're awesome. and now that we're even no longer any showers at the beach. have you noticed that there was no showers? so that's far so little shame because it was nice to just to show off. before we go, go back from the go to the new test, but i mean it's not having showers seems bad to me. water can be reduced in other ways, swimming pools that are full all year round water in the houses can be reduced and not leave tourism, which we all live off of without showers. if those be wisdom stories will say, look, just almost $72000000.00 tourists came to spain last year. they accounts of billions and revenue and millions of jobs. it's not just the temperature rising, but also the pressure on the industry to work more sustainably. 6 out of line you
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a beautiful day and mix girls both happier and more the empowerment through football. 6 but we will tell you the story. we have a getting a visa is more difficult than finding gold hosted to use force and for the future feelings about what's going on in the industry. instead of being discussed across the continent, dw news, africa every friday on the w you might see me. how much can we do simultaneously? multitasking, these are modern methods, because if we do too much at 180 all wrong,
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we mess things up, risking brain damage. so let's stop this self sabotage, humans and multitasking watch. now on youtube, v. w documentary the, this is the w news live from by laying hard questions of being aust in hawaii. bizarre sees visiting some of the areas hard. it's hit by the walled fires. a hearing stories from survivors and many residents on half pain with the official response saying that in action.
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