Jessica admitted god. This castle josh financial piano is you come back on the car battery or something then thats ok. Thats the nanda foundation. One box to the next. Find out about robina story in some migraines. Reliable news for migraines. Wherever they may be. The president ial election that could alter the course of argentine now that economic history with control, inflation, impoverishing millions of people, candidates are promising radical solutions will bring you experts analysis also coming up. Its been a few years and then making no Columbia Capital bulk is finally getting a metro, but not everyone is onboard. This is dw business on Kate Ferguson and thanks for joining me. This sunday people in argentina will head to the polls to elect a new president s. The votes is taking place against the backdrop of a d economic crisis. Inflation rates of over a 100 percent has become the norm and an increasing share of the population is slipping. In topography cast insights that reports every day 25 year old island torres makes around and not tons of the largest district to win aside is the mother of 2 steps. What happens recyclable into cods, like cardboard or plastic. Shes one of the so called cotton arrows all rubbish collectors. There was set to be about a 150000. 00 of them. Now in argentina, the cooperative that takes the material pays the collect as half the minimum wage. Not much, but its better than nothing. Like this, you get that almost all you there was a license we have in this country today. When you become unemployed, you have to make sure that you have something to each bus. Nobody easiest way to do so without waiting for a company to take you want is to go and collect recyclable materials and sell them to a warehouse. It may not be a lot of money, but youll have something to eat at the end of the day. But theres only 40 percent of on demands and now affected by poverty. The pay so is hardly worth anything in inflation shuts up a 140 percent and september governments of tried time and again to turn things around without success. Ireland long lost faith in politics ask whom i can ask whom i love, whoever takes office, i have to get up at 6 oclock in the morning anyway. But the point is that we have to survive and keep on working. Fighting the cost is going to be death and i will have to keep on pulling it up no matter what takes over president do as an, as you see them on the as oh, my goodness, on the island typifies of resilience shown by many here as to whether sundays elections will help and the perpetual economic crisis, argentinians a skeptical to talk more about this, that spring and power like on data. Shes an analyst at outcome. Asset management in one is there is probably about 40 percent of People Living in poverty, a currency that is becoming more worth less every single day. How did argentina get to this point . Its the answer of a very 3 quinn Economic Crises that has not been addressed properly. For the latest. I dont know, maybe 20 years since, you know, has not grown exactly since 2011, 2010 inflation that has been very high. And this is something very, very difficult to fix and also has the main issue, their routes or every single problem east of these kind of death is it and to walk through a tribute, this kind of mismanagement. What, what is the policies that have gone wrong here . What i think is to do so slower, menda has nothing prevented the necessary reforms that the country needed in order to fix the main issues, the main problem and such as the us. As i mentioned, the piece come deficit to okay, you said the crisis catching up, being a joyce, its properly like thinking about an implementation of the comic pro and im talking every single thing on the sort of being the main economic reforms, the country needs of labor reforms fees, cut reforms. Right, political reform. Ok paula, stay with me for a moment because i want to look at the people who are promising to implement the reforms that origin tina needs. Lets take a look at the cost of the concepts who are promising to turn the country around. So 1st of all, we have sadly on masa. He is the current economy minister and hes from the and baffled ruling parent as to piracy. And hes known for being a top hon us making deals. Then we also have patucci of bully rich. She is the leading conservative confident whos cold capital controls, closed instruments of torture. Finally, the front runner, a heavy, emulate, a libertarian economist who has promised to blow up the political stage says, quote, pilot that front runner has a malay, he wants to switch the countrys car seat from the peso to the us dollar. What impact would that have in the shores, on the long term . Or um, we uh, truly the country doesnt think not the people are not even the economys not even his team is actually thinking that the recession is possible in argentina is like that hes main. Police the hall can pain, youd say lets fill up the center by lets door at ice the economy. But, um, we dont really think thats possible that this time there are not enough doors. So the country is not in the right shape to go to the station. So we dont think its going to happen. So you think if he wins the election, he wont be able to, you know, is live up to that promise of radical change. Exactly. Okay. If we look at the situation on the ground, we saw people in the piece, theyre picking up trash just to make ends meet. How are people in the country coping practically . Im psychologically with this situation. What so should this content east rising . A lot people are not happy at all about the current these current administration. Thats why it guidelines play saying, so, you know, it gave us that gusta, on this blog defense or to bind lesser ice economy. Lets change things. You suck to the hobby, then attraction, and the rest of the people. This why hes leading the pulse is because hes actually saying thats and the situation the survey sweets on. Exactly so. So people are really ready for this thing. Know argentina also has a huge amount of debt to pay to the International Monetary fund. In the summer we thought china staff in offering a currency swap, so that loans could be paid back in one. Are we likely to see more of the us . Yes, of course. Because these to this is about my son, the current administration, the strain to its right in some defense or Bank International research that actually 25000000000. 00. Net look good research. Ive negative. So defense or bank is very weak. And you so really intervening very heavily in the effects market in order to keep the, the, the dollars up. So to levels ok. Power like and are, im less of outcome Asset Management a thank you so much. Thank you. You know to some of the other Global Business stories making news, the cost of Industrial Production sell by almost 15 percent in germany last month. The shock this dropped since surveys begun. The decline is primarily due to fully energy prices, which has a record high in september 2022. Consumer price decreases, tend to log a few months behind leading almost to on tis the pace, weaker insulation global carmakers to launch. It has sold 3 jointly own factories to dunk that most are as, as it continues its withdrawal from the chinese markets. The deal was 234000000. 00. Well see. Dont think acquire surface lawn to swipe buildings on structure is in on, on showing. Yeah. It will also continue to produce fusion on the trunk models. The plants us prosecutors have the q 3 high profile crypt, the currency firms of defrauding investors, of more than 1000000000. 00 in new york, attorney general says crypto platforms, gemini, janices on Digital Currency group lies to investors, created full financial documents and withheld information from Credit Service the Companies Say they will fight the claim. Were going to take you back to latham americanized, to columbia this time where a construction of a metro in the Capital Focus is underway some a few years after it was 1st conceived, the decision to award the contract to, to Chinese Companies was not without controversies. Still in the city placed by traffic jobs, the project should provide a welcome rest. Bice, to commission demolition work, and lots full of rubble, the construction sites for the baton metro initial plans for the public transport system came out 80 years ago. Now the 1st line is being built. A dream come true for many, but what time use is it can nothing from the moment about what time you was born, the subways always being talked about at home. You know, everyone had long lost confidence in the subway ever being billed. Everyones been saying when will be good to have a metro maple the 1st attempt to fail due to lack of funds. Another attempt was promised to be ready by 2022 but nothing happened. Now the system is finally under construction with many modifications. One of them it will no longer one underground. When will it be ready . Youll get ok. See appointment . Id say if you take an 8 year old girl, when shes 15 years old, she will be able to ride the subway at least the 1st line. And by the time shes 20, shell be able to ride lines 2 and 3 nice i meet on. But when i say when its a fairly new, according to current estimates, the task will pay around 5000000000. 00 to sign those hardware Engineering Company which will build and operate the system. The companys controversial. Its bidding gross incorruption scandals in other countries and was sanctioned for the lease. In other projects, they decline to provide a response to the w. What are the main factors in recent construction delays, political pressures, se experts is the same for the fences. It is important to get serious and put aside political points and instead takes and see a responsibility to advance what has already been achieved. Otherwise, were moving 2 steps forward and 5 steps back. And then it will be impossible for the city to solve its congestion problems. Lucas, it was another problem. Was it go . Hes gonna be quick bullet, tanya is hope the metro consult mobility problems and alleviate the overload experienced by the bus network. But the metro is only part of the solution. I could thing that was one a, a, according to our data was that 13 and a half 1000000 trips are made every day in both by the year 2030. The subway, according to official estimates, would be moving more or less 850000. 00 people a day. And that is a mere 6 to 7 percent of traffic. Its 50 percent. After waiting for the metro for more than 80 years, its possible that the most expensive piece of infrastructure in bullets us history will not be enough to bring relief to this traffic top city. And a reminder of the top business story were following for you this. Our president ial elections in argentine are taking place this sunday, against the backdrop of a d economic crisis. Inflation, rates of over a 100 percent have become the norm on an increasing share of the population is slipping into poverty. That wraps up our show from where you can always check out due to leave dot com slash business from me in the team. And so by taking the time, but you will tell you who we are happy that we are boxing the story. We have a getting a visa is more difficult than finding gold hosted to use the dream force and for the future in the stories and issues that are being discussed across the country. News african next on d w. This utopia has a long way to go near vienna. The city of the future is being built on a former deerfield. This sustainable neighborhood will be home to more than 25000 people. They start off then it also doubles as a lab, conducting research on nobility, architecture and urban living ego, india. In 16 minutes on d. W. Well, the in progress of pop calls to everyone who wants to know more about this topic. The 2nd son of about this story is beyond the headline world in progress. The w cuts cost the as the the news advocates coming up on the Program Council is killing a growing number of africans. That is the confidence well equipped to fight it. And i dare, yeah, we meet a celebratory who survives cancer and is now using his platform to create the awareness about that hes, hes also a head as more for comes migrates. We look at where they are going. And why do seeking asylum in south africa . Having to wait for us before get to know nonsense and a can. Yeah, we look at house