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Transcripts For DW Business 20240713

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A journalist is to get beyond the smoke and mirrors its not just about being fair and balanced or be mutual its about being truthful. Funny was boring golf and i were good you know. California is landmark good khana me law goes into effect put it all sure and big changes for tech firms like goober and what expense for freelancers some of whom say theyre already losing clients. Also on the show french workers are up in arms over Pension Reforms for young tech entrepreneurs say the country is doing right by them. And will talk to american author Jeremy Rifkin who argues the u. S. Needs to massively overhaul its economy to become greener. This is your Business Report im stephen bears in berlin its good to have you with us california both one of the Worlds Largest economies raking close to the u. K. In total annual output or g. D. P. Thats what multinational firms pay close attention to regulations in the state and thats why the world is watching californias new gig economy law which went into effect wednesday the measure aims to protect freelance and contract workers by requiring many to be reclassified as employees but theres a lot of controversy around the law the New California law says some independent workers will have to be treated as employees that means theyd be entitled to minimum wage overtime payments and benefits including health care before the law took effect workers for Companies Like it were classified as independent contractors as a result right hayling company uber and Korea Company post might launched a joint legal action against the state of california they argue that the law is unconstitutional and will kill the gig economy which makes their Business Models possible by also say they cant afford to pay Social Security and health plans for those who work for them meanwhile some contract workers have complained that their clients have dropped them as a result of the new law kept deiced jobs were 1st tiled as a wife or workers to pick up a little extra to make ends meet but for many workers there now the sole source of income despite the long hours low pay and lack of security or benefits. French trade unions have called for more strikes this month after president Manuel Mccall pledged to continue with his plans to reform the countrys Pension System because of the government wants to compromise with unions they want the government to abandon its plan to install a uniform retirement system in place of dozens of industry specific plans nationwide strikes have crippled public transport in recent weeks further strikes would come as schools and businesses start back up following the Christmas New Year break. Them across may not be the most popular man on present streets but things of different station in paris thats the start up campus thats home to hundreds of small tech businesses and where young entrepreneurs say france is doing everything right by them. Paris is trying a fresh approach to startups in this unconventional work space young entrepreneurs are encouraged to think outside the box the 34000 square meters station f claims to be the worlds biggest start of compas with a 1000 firms president eManuel Mccall hopes the accelerator will help ours compete with silicon valley. Don nickles just said it wasnt a suicide and we have a unique situation we have startups in large us european and Asian Companies shot of the projects right from the start having all of this under one roof is unique. At this german startup they keep their boxing gloves close in hand but they prefer to leave the actual sporting side to their clients theyre working on an Online Platform for athletes and they say paris is the ideal environment. For his french government has made it very easy for Foreign Companies to set up a business here lucky that the french president is young dynamic and committed to startups so that. The french government wants to your global entrepreneurs with tax breaks and by cutting red tape thats why this is talian startup set up a Subsidiary Office at the station at compas they help holiday makers find a skipper for sailing trips stretching from. Anybody to create a company very very quickly. And to start a business or to grow varmints you may want to keep growing into could be present im going to National Security duke of course you know very. Well it still trails San Francisco and london station f is helping power says stop it self as a tech hub. European aircraft manufacturer air bus has overtaken boeing to become the Worlds Largest plane maker by deliveries the 1st changing of the guard since 2011 thats according to industry sources the air bus exceeded forecast sales to deliver 863. 00 aircraft in 2019 nearly 8 percent more than the year before u. S. Rival boeing is still hurting from the grounding of its 737. 00 max which is expected to continue well into this year the news comes despite air bus cutting its 21000. 00. Citing industrial problems. One of the biggest trends will be following this years how Climate Change is affecting the boardroom an Economic Policy or the most ambitious Climate Change strategies so far was presented by u. S. President ial hopeful Elizabeth Warren just before christmas and it promises to be as much about the economy as about ecology and the plan will mobilize nearly 11 trillion dollars in public and private funds that huge injection and Energy Infrastructure would supposedly generate over 10000000. 00 new jobs and 28. 00 and the payoff would be National Power of National Power grid that is totally emissions free within 15 years so the plan says the scheme is just the latest expression of the Green New Deal in america the idea that an ambitious and quite expensive complete green overhaul of the u. S. Economy is necessary a reporter oliver salad in washington met up with one of its strongest proponents economic theorist Jeremy Rifkin he says markets are already beginning to drive a change lets listen in i think what people dont understand is the entire civilization is made out of fossil fuels fertilizers and pesticides are Construction Materials are synthetic fiber are packaging. Food additives and preservatives are power and transport are like everything so whats happened now ever is that we are now in a pivotal turning point for this fossil fuel based industrial civilization. We have now spewed so much Carbon Dioxide into the atmosphere to maintain this Industrial Way of life that we are now finding ourselves in real time Climate Change frigid winter of 70 below 0 and blockbuster winter snows massive flooding across our land masses in the Spring Summer droughts and wildfires on every continent hurricanes and typhoons across the entire autumn every year around the world our scientists are now telling us we are in the 6th extinction of life on earth so you are essentially describing a situation where the change will come from the economy rather than from politics is that right and which role will the markets place this year the level lies cost of solar and wind has just plunged below natural gas and way below nuclear and coal so whats happened is were seeing trillions of dollars of fossil fuel assets all the pipelines that will never be used all of the exploration rights that have been paid for by their own industry which will never amortize out all of the fossil fuels in the ground which we never taken up because theyre more expensive so what were seeing here is a massive collapse of the fossil fuel civilization because the market is speaking. U. S. Author Jeremy Rifkin speaking with oliver salih there that cleaning up the transportation sector will be a major part of any Green Initiative and also a Public Health need for many cities around the world take calcutta and india a new scooter start up their hopes they can provide the model for cleaner highways. The bright yellow taxis and donvan comms will tell you you are in kolkata know no university as the city of joy. But the city also faces major difficulties like lack of public transport and traffic pollution and. Electric scooters could help reduce to burden of pollution especially is freely available. To the watts majority of indian didnt have a license and that was the market that we wanted to we did a little bit more research and found out that electric scooters whether speed has got their 25 kilometers or not doesnt require a license to write and that was the aha moment. Did you not founded his rental Scooter Service in kolkata over 2 years ago with 60 scooters. He runs a feat of 85. The rental Service Works while. Clients can pick up and drop off the scooters accept different points across going on average a scooter is used by 3 to 4 right as a day. Is perhaps one of the. Lions have worked except 2 different congers of the city. Did was act on but i have several things to do in a day i intend to buy for the full day our i didnt leave basis that i invariably end up spending less than if i had to take a bus a cab on the tram oh well says i that come what they have that corporate customers like this food deliver to get even better rate a strategy which does. We also raised the visibility of east coasters. Was thinking about that it will fail again in the if you dont want to cause i dont clearly not to worry about it and i see friends who are using their own bikes to do this job to spend a lot on maintenance so guess a biggest benefit to me thats going to a science. That is them go out he would think that over 60 percent of the he goes in kolkata modest and isnt good but it is hard for businesses to find investors for a mission freed rental systems since this is an extremely new modern bands are on willing to finance it as the founders of expedience however devoted consider changing that approach. And thats it for me and the d. W. Business team you can find out more about these and other business stories online at d w dot com slash business and you can also find us on social media like facebook and twitter will leave you with a quick look at Global Markets thats it for me sitting beardsley in brooklyn thanks for watching. The blueprint for every living thing on this planet in my new commission comes d. N. A. A brilliant natural its the most effective way to see vast amounts of data the scientists in syria now want to use this code for technology theyre developing artificial d. N. A. Code to see Digital Information tomorrow today next on the d w. Enter the conflict zone confronting the powerful. Ethiopia has come a long way in a short time theres a new peace deal with eritrea and the new Prime Minister hargreaves of solomon to bring accountability to the human rights abuses of the bosses of my guest this week here in brussels business previous us uk haile mariam deselect. Conflict so. In 60 minutes of d. W. Birth home to millions of species a home worth saving. Here which is on those are big changes and most start with small steps global ideas tell stories of creative people and innovative projects around the world like to use the term the climate used to Green Energy Solutions and reforestation. They create interactive content teaching the next generation about Environmental Protection and were determined to build something here for the next generation the 12 years the multimedia environment series on g. W. Youre tuned to tomorrow today coming up. Ancient database newly discovered is d. N. A. The data Storage Solution of the future. We visit a crime scene what can the tiniest traces of d. N. A. Tell investigators. And its not all in our genes how exercise makes cells grow

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