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tv   Business - News  Deutsche Welle  January 22, 2022 12:15am-12:30am CET

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alessandro ships finished off with his chest to make it to nail, emerge. creative assist, help, seal, an important wind for bella, felt you move to points clear of the relegation zone. previously informed frankfurt, meanwhile, extend their windless run to 3 games. your watching d w. news said netflix shares take a plunge in new york. chelsea delaney is next with business news. and don't forget, you can always keep up to date on all the latest news on our website, d, w dot com. and you can follow us on our social media accounts. i powerful it is for me on the team here. berlin. take care. see the top off the next hour with super. i'm just kinda,
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i think that's hard and in the end is a me, you are not a lot us to you anymore. we will send you back. are you familiar with this? with the smudges reliance of what's your story. ready he wasn't, i was women, especially victims of violence in labs and take part and send us your story. we are trying always to understand this new culture. so you are not a visitor, not the guests. you want to become a citizen in phil migrants, your platform for reliable information ah, ah, netflix shares crash back to earth. a disappointing earnings report from the
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streaming service has investors rethinking popular pandemic stock. and new data shows russia's oil and gas revenue sword last year. adding to moscow financial buffer as western countries threatened severe sanctions on its economy. and chelsea delaney welcome to the show. and it's a box office bus for americans streaming, sir is not flex. shares plummeted by almost 25 percent after warned of a slow die and slow down and subside subscriber growth. netflix that it expects only 2500000 new customers to sign up in the 1st quarter. and that's called investors worried that the company behind hits likes would game, and the crown won't be able to keep adding binge watching viewers like it did at the start of that pandemic. now for more on this year and quarter our correspondent and new york joins us now. so yes, a 25 percent plunge. why such a dramatic move here?
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and it is pretty extreme. if you look at that drop off on a single day for a company, the size of netflix, that is definitely something extraordinary. by the way, it was the worst trading day as in the summer of 2012 for a netflix. so in about 10 years. so one of the issues is that wall street rewards what will happen and not in the past. and they seem to be some growth issues with netflix content wise for the moment meant. and also netflix just recently announced the price increase in the united states. so that seems to be the only way to get profits up. and we've seen it in the past them higher prices that netflix sometimes have shied away. new subscribers so. so definitely heavy losses when it comes to the stock price of netflix williams. it's not just netflix here. we've
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seen other of these so called stay at home stocks. pelettano docusign zoom, getting hit really hard as well. is this investor saying that, you know, would be pandemic? trends are coming to an end well, at least them some of those stock. so really have gained quite a bit when the pandemic started and now they're coming back to earth, netflix. so just to look at that stock for one more time, it's basically back where it was before the pandemic started another streaming competitor of netflix, that disney was also down about 7 percent here in the friday session. and was that the biggest loser in the dow jones industrial average? i mean, with some of those names like peloton, for example, there seem to be also some eternal issues. that stock was down by more than 20 percent on thursday as they were rumors that they might actually go for and
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production stop at the moment the company's sort of denied that on a friday. but over all, it is obvious that yes, a lot of those, a pandemic february, some are seeing some heavy selling pressure at this point. yeah. corda and new york . thank you so much. and now to a growing fight over the use energy future, the european commission wants member states to accept its plan to label some nuclear and natural gas projects as sustainable investments would open them up to billions of euro's and potential funding. but the very concept of nuclear energy as green is one that has the you very much split. currently, about half of the use $27.00 countries operate nuclear power plants, germany is among them. know what is switching the last ones off this year. they have been unpopular here for decades, but some you members do see nuclear power as the future. the international atomic
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energy agency says new nuclear plants are plant in all of these countries here in orange, including finland, poland, and the biggest nuclear advocate of all france. from their, our correspondent marina strauss reports a cushy mouth of a nuclear disaster that shook the world in 2011 and changed the way many people, few nuclear energy onto shack says fukushima mobilized him. the french anti nuclear activist, travel to japan. after the catastrophe for worse to the hope for me, this looked like the end of the world. after from this moment on, i really asked myself about the risk that the population is exposed to, especially women and children when living next to a nuclear reactor or other nuclear facilities. being exposed to possible nuclear accidents because she was actually door a nuclear. while some new countries decided to face out nuclear energy after
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fukushima, france stuck to its nuclear tradition. more than 15 nuclear reactors are spreads over the territory right now. clearly a wrong choice. andrea shacks is the 70 year old lives on a peninsula normandy, northern france. that is well known for its natural beauty and for its high number of nuclear facilities, france derives about 70 percent of its electricity from nuclear plant, like this one here in flam, or will it f electricity of france. a largely state own company operates these nuclear plants and says they're safe and strictly monitored. predicts like andrea shock, think differently, brutal for the older nuclear power plants get, the higher the risk of accidents, you really cannot say they are infallible food. finally, nuclear power plants produce nuclear waste, 100 holder's vehicle receiver, easy here in la. ugh, close to the activist town town. a plant process as nuclear waste. the factory is
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the regions biggest employer at this local debate and further investments in nuclear power. residents also bring up the huge risks, but the company spokesman says, nuclear is better than garza and carbon. i said we're facing a climate emergency and global warming. and even if nuclear power was not designed for this purpose, it now represents a huge advantage that it doesn't to mit lots of greenhouse gases. book, who do guess if it's in its spirit to become carbon neutral by 2050 france has already announced it will start building new nuclear power plants. despite criticism from some countries and germany energy expert nicola massett, she supports the french government smooth and he did not know. the idea now is to develop reactors that can be produced on an industrial level in factories as automated as possible to make it cheaper. and guarantee quality yardy liquidity,
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alpha. for all the shack, new technical solutions are not the answer. he wants nuclear power to belong to the past, but france has already decided it will be part of its future. globe surgeon, oil and gas prices delivered russia a financial windfall. last year the finance ministry says fuel export throws by $90000000000.00 that comes as western powers. britain, severe economic sanctions on moscow if it invade ukraine again. this is where much of russia is natural wealth comes from the oil and gas fields in siberia. the finance ministry says revenues from these 2 commodities exceeded expectations by more than 50 percent last year, bringing in a total of almost $120000000000.00. the biggest market is the european union, and that's something the e wants to change amid rising political tensions with the kremlin. right now,
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the $27.00, e. u. member states get more than 40 percent of their gas from russia. far behind and 2nd place comes norway, with a mere 16 percent. and in 3rd and 4th place, algeria and cutter, others supply the rest. german chancellor, all of sholtes met, norway's prime minister eunice cow stirred on wednesday in berlin. if tensions with russia escalate, germany once norway to increase its gas output to make up for some of the shortfalls. the zig also is put in char. i see very great potential for future co operations and would like to see an even better, deeper, broader energy partnership. with norway in october, a new pipeline cold baltic pipe will pump gas from norway to poland. and from there to neighboring countries, it'll deliver at 10000000000 cubic meters of gas annually. but that's just one 5th
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of what nord stream one from russia delivers to germany. right now, but it's one step towards reducing europe's dependency on russia's gas fields. now to some of the other global, this and stories making is us treasury secretary, janet jaelyn has renewed her call for a world wide corporate minimum tax rate. at a world economic forum, virtual fashion, she said she also believes interest rates will remain low after the pandemic. she said the biden administration's infrastructure plans had boosted growth. russia central bank is suggesting a ban on crypto corinthian. it describes the likes them bitcoin as a threat to financial stability and the monetary sovereignty of the government. china has already banned them, mining of criptos for similar reasons. and in pakistan prime minister, and when con is being blamed for skyrocketing inflation, the rising cost of fuel, food and electricity are source of much tension and a country which already had
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a high levels of poverty amid or rainbow of orange red and yellow spices and a karachi market pakistan is use colorful language to speak of their prime minister, assigning him culpability for the countries high rate of unemployment and 10 percent inflation cons 2018 campaign promised to quash longstanding corruption and cronyism, and implement social programs that would benefit the poor. instead, the price of cooking oil rose 130 percent. the cost of fuel is up 45 percent. quite a bit, not only close food prices are increasing during this government and they're unaffordable. these days only death seems to be the alternative way to survive the woman one year after assuming office con was able to negotiate a $6000000000.00 loan from the international monetary fund. but ultimately, is government only received a 3rd of that amount because it failed to deliver the reforms. it had promised he
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was forced to raise prices of fuel and electricity. now his chances for reelection are as precarious as the country's economy. yeah, good. controlling inflation will be a very big challenge for him. ron han, and if he is unable his government, his administration is unable to, to control it. it will have a very big consequence for the ruling, but only a few years after sweeping to power on a wave of popularity. cons party was soundly defeated in provincial elections in its stronghold last month rented and that's all from me and the business team here in berlin from war from us, check out our website at www dot. com slash business. thanks for watching and see you next time with the show that tackles the issue is shaping the continents dw news africa
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