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tv   Business - News  Deutsche Welle  January 22, 2022 2:15am-2:31am CET

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developments in the pandemic. the indian capital delhi will remain under curfew over the weekend to curb the spread of arm across the world. health organization has recommended that the by on tech pfizer vaccine be given to children between 5 and 11. until now, it only recommended it's use on older children. and ireland is planning to drop almost all its coven 19 restrictions from saturday after a surgeon cases didn't lead to a significant increase in people meeting. i see you care. arlen is one of the most vaccinated countries in europe. you're watching tito can use netflix shares take a plunge in new york. chelsea delaney is off next with business for me. team here in britain. take care and see you at the top of the next term. with
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my 1st vice, i was a sewing machine. ah, i come from, women are boned by this ocean, given something as simple as learning how to write them by side boat isn't since i was a little girl. i wanted to have a bicycle off my own, but it took me years to life. finally, they gave up and went to buy me on my side and returned with a sewing machine sewing, i suppose, was more appropriate for girls than writing a bite. and now i want to reach out to those woman back home for bone to buy their duties and social rules and inform them about their basic rights. my name is de, about with the home, and i work with ah,
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netflix shares crash back to earth. a disappointing earnings report from the streaming service path. investors rethinking popular pandemic stock. and new data shows rushes oil and gas revenues sort 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 service. netflix shares plummeted by almost 25 percent after warned of a slow dying to slow down and subside subscriber. gro, netflix that it expects only 2500000 new customers to sign up in the 1st quarter. and that's caught investors worry 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 gins quarter, our correspondent and new york joins us now. so yen,
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a 25 percent plunge. why such a dramatic move here? 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 or not? and the past, and that seem to be some growth issues with netflix content wise for the moment. and then 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
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netflix williams. it's not just netflix here. we've seen other of these so called stay at home stocks. how latan 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, such, 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 dahl jones industrial average? i mean, with some of those names like pellets on, for example, there seem to be also some eternal issues. that stock was down by more than 20
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percent on thursday as they were rumors that they might actually go for a 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. yann's 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. it would open them up to billions of euros 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 thumb you members do see nuclear power as
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the future. the international atomic 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 mount 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, it did, i 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 nuclear.
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while some you countries decided to face out nuclear energy after 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 plants 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 her 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 orders, vehicle receiver,
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easy here in la. ugh, close to the activist town town. a plant process as nuclear waste. the factory is the regents biggest employer at this local debate on 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 is 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 there in it's, it's to become carbon. neutral by 2050 france has already announced it will start building new nuclear power plants. despite criticism from some countries, like 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 industrial level in factories as automated
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as possible to make it cheaper and guarantee quality guardiola kitty 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. and glo, 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.
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and that's something that wants to change. emit rising political attentions with the kremlin. right now. the 27, e. u. member states get more than 40 percent of their gas from russia. far behind in 2nd place comes norway, with amir, 16 percent. and in 3rd and 4th place algeria and cut out of other supply the rest german chancellor, all of sholtes met, norway's prime minister una scott stood on wednesday in berlin. if attentions with russia escalate, germany once norway to increase its gas output to make up for some of the shortfalls, this is 0 also put in c r. 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,
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it'll deliver at 10000000000 cubic meters of gas annually. but that's just one 5th 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 business stories making news, 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 currencies. it describes the likes of bitcoin as a threat to financial stability and the monetary sovereignty of the government. china has already banned the mining of criptos for similar reasons and, and pakistan prime minister. and when khan is being blame for skyrocketing
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inflation, the rising cost of fuel, food, and electricity are source of much tension and a country which already had a high levels of poverty. amid a rainbow of orange red and yellow spices and a karachi market pakistan is use colorful language to speak of their prime minister, assigning and 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. con. good, 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. give woman one year after assuming office con was able to negotiate a $6000000000.00 loan from the international monetary fund. but ultimately,
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is government only received a 3rd of that amount because it failed to deliver the reforms. it had promised he 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 forum, 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 mended and that's all from me. and the business team here in berlin from moore, from us check out our website at www dot com slash business. thanks for watching and see you next time.
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