Transcripts For DW Business - News 20240712 : comparemela.co

Transcripts For DW Business - News 20240712

How can we protect our budgets what to do with all our waste. We can make a difference for choosing Smaller Solutions overstrained said you know ladies. Good morning to you those are the series of moves results are going to double. After years of solid growth the coronavirus stocks guns economy in its tracks tens of thousands of people have lost their jobs and many more have seen their paychecks flashed we lost our correspondent in a crowd whether the Country House what it takes to bounce back from the crisis. Also coming up the clock is ticking in an increasingly high stakes race to buy video platform tick tocks american operations. China cracks down on small traitorous polishing their stalls to the edge of time but is the government underestimating their importance to the economy. Is the business im Kate Ferguson welcome to the show when ghana confirmed its 1st covert 19 infections in march it was swift to impose lockdowns in some of its largest cities this approach coupled with a sharp increase in testing allowed the country to become the 1st in Subsaharan Africa to ease Movement Restrictions again despite this the economic costs have been grace a new survey shows just how badly businesses are hurting. God has been spoiled by strong growth rates in recent years now the corona virus has hit the west african country hard and experts are forecasting recession the government has also promised 600000000 cd or about 88000000 euros to help small and medium sized businesses but the labor market is also in crisis. Results in the cove in 1000. 00 business trackers surveys show that about 770000. 00 workers had their wages reduced thats more than a quarter of the total workforce about 42000. 00 employees were laid off during the countrys partial cope with 1000 locked down. One glimmer of hope businesses are improving their digital sides more than 240000 companies told surveyors that they were using more Digital Solutions for their Business Models these include mobile Payment Options and online sales. Now a decade and a half of growth has helped transform the ethiopian capital addis ababa into a modern city but the pandemic is threatening to undo much of the progress thats been made. As a housekeeper in a rich household ancel a highly has been working towards a better life but the time demick has robbed her of earning opportunities. Since the beginning of the coronavirus their husbands job were staying at home and have to stop moving out so that we dont get infected. With around 23000. 00 covert 19 infections ethiopia hasnt been as hard hit as other countries but the economy has been dealt a special blow with growth slowing from a projected 7 percent this year down to 3 that may be better than no growth at all but ongoing efforts to combat poverty stalled counselor doesnt know how shell make it out of her heart on the outskirts of the soap opera. But were getting in a state were above the dirt and below the living this is not life mad and they must have been about. During the pandemic the government has lost around 1200000000. 00 worth of revenue 2500000. 00 jobs are in danger the World Economy needs to recover before ethiopia can find its way out of the crisis if we see a kind of normalization. Of the Global Pandemic budget of the year in which depend then because on the control cases or role there is theres progress towards a vaccine i think its going to rebound quickly im so hyla marion says she has to hold on just a single mother and she wants her daughters spared the hardship she had if she can help it. Twitter has held talks with chick talk owner by downs with a view to buying the video. Platforms u. S. Operation is the news comes as take talk finds itself under scrutiny in the United States with President Donald Trump threatening to bomb the company u. S. Tech conglomerates microsoft remains the front runner to acquire to talk but some analysts say twitter could face less regulatory examination with its bid. For more im joined now by Alison Stewart allen from International Marketing partners in london alison good to talk to you does twitter have a chance of beating microsoft for tech talks u. S. Operations well believe it or not i think twitter actually does have a good chance i think one of the things that twitter is very hungry for is access to more video content but also to capture a market which will be children those sort of between ages 5 and 15 who traditionally use twitter dont really know what twitter arent engaged with that of course children that age very often already gauge with microsoft through p. C. s now with home schooling lots of Software Applications in the Office Package are accessed but frankly for twitter this could be a huge win ok so we have 2 Major Companies in the running here but why you would twist are potentially face less regulatory scrutiny than microsoft. A couple of reasons number one the size of twitter you know its a 20 to 29000000000 Dollar Company not that thats small by any measure but compared to microsoft its a tiny little irritant in terms of microsoft you know the latest valuations have at somewhere around 1. 00 trillion dollars so youre talking about you know 56. 00 times the size of twitter and when you have a company thats that big of course it gets a lot of attention from regulators and a lot of other bodies that are concerned about ownership of and controlling up a number of social media and computer programs that interface interfaces whereas with twitter because its relatively speaking smaller it probably would therefore have less scrutiny because of its size and for those who might not be so familiar with take top highly valuable and acquisition would be. Well i think it would be fantastically valuable from twitters perspective because it hasnt traditionally had access to this Younger Group of customers but the more important thing is it would get data which is the lifeblood of twitter and also show Media Outlets for that matter it would get data about children now theres an ethical question here which the regulators no doubt will want to look into but the other thing it would get in acquiring to talk because to talk is traditionally in its short life focused on younger people is it would get a slew of advertisers that also want to capture that maybe 5 to 15 year old target market where historically twitter has not really had those Companies Spending their advertising dollars or euros with them for that group so it supposes twitter to a wider group of advertisers which has to be a good thing in volatile Economic Times like were in right now. Growth potential Alison Stewart allan thanks for speaking to us. Thank you now a small stalls on the side of the street may not quite represent the true extent of chinas Economic Dominance but proponents say the flexibility and simplicity they offer could be key in the recovery for the coronavirus local governments though are reluctant to promote this form of enterprise leaving small vendor is restricted to the outskirts where its harder to make a living. Sheeple night market is located at an always drive for introduce city center. It is one of the places in the western chinese metropolis where vendors can set up stalls without any special permission when one has just reason to start a time and make your business you know you need to get here early otherwise all the spots are occupied. With the economy slumping and unemployment on the rise the government is encouraging people to engage in some new trade grin used to work in the h. R. Department of a big company. You know how the epidemic is change the job market. Those companies who survived are treating employees differently they dont care about their employees because they think you wont dare to leave i quit because they made me work a lot of overtime. And their families are stuck and you know until recently this was how china want to do its Retail Industry to look like a real estate in a city neighborhoods torn down and replaced with Shopping Centers many of them catering to the luxury 2nd markets and Street Stores were driven out of the city up to today vendors from set up their stores and turning to city center face hefty fines but some take the risk this man who does not want to reveal his name used to work on the citys construction site so i. Think there is no way to find employment right now im getting too old for these jobs so i set up the store i. Keep. Like him are called aereo vendors in china they show up in popular places and quickly leave when officers approach with few other perspectives he invested his savings into an old motorized trice and say if i were to say oh my business is not really good its just enough to survive and pay my rent i have to make a living somehow way out there with the money. He spite encouragement from the Central Government cities a hesitating to allow them back to vittie is often limited to the old school after getting off his job one was looking forward to being her own boss but quickly had to learn that her you really want freedom has its limits to see how there are days when business is that and you just dont feel like coming back the next day but if you do that youll lose many customers there are rules in this business and one is that you have to be there consistently if your customers know you will be here and they will come if youre here one day and the next day youre not it might work well. For a long time of fishes and citizens source treats stores as a remnant of the past but for one does not plan for the near future. Shares in Hong Kong Media firm next digital have soared by more than 300 percent in afternoon trading prodemocracy activists called for investors to rally behind the stock offer its owner jimmy lived was arrested under the citys controversial new National Security will meanwhile his groups main newspaper aapl daily voted to continue publishing. Consumer prices in china rose in july by almost 3 per cent mostly driven by higher food costs prices soared compared to last year particularly vegetables on pork heavy flooding in some of the countrys most important agricultural regions has affected the countrys post a pandemic economic recovery pushing up the price of fresh produce. Thats all we have time for for more you check out our website at www dot com slash business were also on facebook on twitter to check as i said there as well for me and the team its goodbye and take care. Kickoff. Ghost town atmosphere means listless clay soft from the. Looks of guns and the mentalist flights of sensible. Nonstop excitement to the final match to. The st. W. Happiness is for everyone schumann penises are very different from primates we have many totally ridiculous the size view of nature. And this is Climate Change rags and sex how tinas in books you get smarter for free books. This is g. W. News coming up joy not cranks up the pressure on hong kongs prodemocracy movement. Media if i call on prominent voices for democracy jimmy lie was arrested along with others under the new security law is beijing sending a message to all the up for Democracy Campaign we are joshua and he says im not sure when i will be arrested and be extradited to china and we all worry about the threats that we need to face in iraq

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