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Transcripts For DW The Day 20240713

That the reason im here in madrid is very simple im here because President Trump is not politicians are cold about this scientists have been talking about bloody about this trying to pick every day in overwhelmingly shows that we are not on the right path today Mainstream Media the science is not being represented their weight needs to be these kids shouldnt have to be the ones to tell us to get the job they are we are going in the wrong direction. Also coming up its 2 days before we find out if Boris Johnsons simple election message is going to pay off at the ballot box get bricks it done they spoke to this its telling the public will see it they. They think that the public wants to hear its the simplifying the she. Was here our viewers on p. B. S. In the United States and all around the world welcome what we begin the day with the cost of carbon and whos going to pay at the United Nations Climate Conference in madrid governments are hoping to finalize the rules for International Carb

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Transcripts For DW Business 20240714

Prompting British Airways to tweeze we understand the frustration we are extremely sorry it has come to this we remain ready and willing to return to talks with. The pilots union called the action after refusing the offer of an 11. 5 percent pay rise over 3 years the move sparked a furious reaction from c. E. O. Alex cruz who says be a offers world class salaries this is by no means goal it is punishing our customers 1st it is punishing our brand is punishing the 90 percent of colleagues that have already accepted this 11. 5 percent deal and frankly it is punishing those pilots that want to come to work every day day in and day out but Union Representative say to me or pilots in particular who often start their careers in desk because of the high cost of training arent getting a fair deal they say stuff deserve a bigger share of the profits. But i dont know how much public support we have we get a range of mixed messages whats more important is the pilots of 100 percent 93 percent of B

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Transcripts For DW Business 20240714

Muni norge green a button is aimed at making consumers more aware about where what they wear comes from. Welcome to business asia America Jones in berlin good to have you with us and if youre planning on flying with British Airways better check your flight status because British Airways has canceled almost all its flights pilots have begun a 2 day strike it is the 1st time the companys pilots have taken part in industrial action but theyre warning another walkout will follow soon if their demands arent met this was the scene at london heathrow on monday morning dozens of British Airways planes grounded as pilots walked off the job for the 1st time in the airlines history. The action has left tens of thousands of passengers stranded prompting British Airways to tweeze we understand the frustration we are extremely sorry it has come to this we remain ready and willing to return to talks with. The pilots union called the action after refusing the offer of an 11. 5 percent pay rise over 3

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Transcripts For DW Business 20240714

The shortages and for the cues. To kenya a leader in the world of mobile payments more than 70 percent of the population as a mobile cash account allowing them to withdraw or deposit money from their phone thats also helped kenyans to get quick and easy access to no news to tide them over until payday but there are drawbacks kenya has 49. 00 credit apps each offering micro loans of between 10. 00 and 400. 00 their initially charged at an Interest Rate of between 5 and 27 percent but that can easily saw to a daunting 150 percent if you fall behind with your payments and one behind seems to be something that happens more often to those holding a mobile account than all those just 2 percent of regular commercial banks customs default on their loans with mobile account cost to most its 18 percent meaning they need to take out more debt just to pay back their previous nouns and for more on that im joined now by joy to rein barrow who joins us in nairobi joy do tell us please how widespread

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Transcripts For DW DW News 20240714

Please how widespread is the problem of getting into debt through taking out micro loans via any of those credit apps. To start with i think its important to just see that moss these borrowers of between the ages of 26 and 35 and maybe crossing into the early fortys as well and so we have about 6500000 more well girls in the country today and one of the challenges that wasnt obese is that theyre servicing multiple loans what they do is the downward several. Lending us and then have to service is loans because the wyly on and service the other by taking another loan and also of course the fact that the a high Interest Rates that the are not aware of because when they are signing up for these loans they dont really read through the entire agreement they just agree or click agree on the mobile phones and then have this money on the phones as well but what they forget is that this interest is is deducted out from so if you take 400. 00 the interest after and you probably have about 3 maybe

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