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tv   Business - News  Deutsche Welle  May 29, 2018 3:15pm-3:31pm CEST

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what would have been it's a nice fuss to fatness got my new elections on likely to be cordoned it to me. and we have more on it's me coming up ahead it's a means. to global markets into most but is another eurozone crisis lurking on the horizon then we'll have the story for you coming up shortly. they make a commitment. they find solutions. they inspire. africa on the inside. story of both people making a difference shaping the nation. on the continent of africa on the
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move the stories about motivational change makers taking their destinies into their own hands w.'s new multimedia series. d w dot com africa on the move. market mayhem global stocks slide analysts say you can now call this a crisis the political turmoil in italy equities and pounds the euro. deadline looms for the e.u. u.s. trade dispute libya last minute breakthrough over tariffs on steel and al a billion. and germany's refugee work force getting most skilled migrants into work even without the official qualifications. and been physical and let's do business
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is europe on the brink of another euro crisis things certainly seem to be heading that way coalition negotiations in italy of collapsed now it's fear the country's debt burden is spiraling out of control european markets reacted with trepidation to the news with milan stock exchange tumbling by almost four percent a slight recover it leaves at a just below three percent at this hour in spain madrid's main index the s m s i down by two and a half percent and frankfurt dax down by about one half percent german investors showing signs of nervousness today let's go over to conrad boozer now financial correspondent in frankfurt to find out if this is the beginning of the next euro crisis what do you think. well many investors believe it might be and they believe that all those mechanisms which were introduced in the eurozone after the last year of crisis of the years twenty eleven then twenty twelve were not enough or would not be enough to really deal with
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serious fall out of italy and off italian debt that the risk of disruption in the euro zone has definitely increased is mostly reflected day on the bond markets where government bonds are traded the deal the average interest rate on. ten year italian government bonds has risen above three percent for the first time in four years and at the same time the german ten year government bond that's the amount of money that germany has to pay on average on its government dead here the yield has fall of below zero point three percent the spread between those two government bonds is rising just like the gap between italian policymakers and german policymakers or if i may say so policymakers in the whole both of the eurozone correct and i put it here because is there a gap in thinking because disruption in italy is nothing new new governments and
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nothing new this will be the sixty sixth government in italy since the end of the second world war. that's true but this those two parties the five star movement and the labor party. openly question the framework that italy has decided upon in recent decades. whoever was in power in rome those populist parties they question the framework of the eurozone they question the rules the treaties the stability mechanisms the question the way how banks are treated and how debt is treated and you know the rest of the eurozone is likely to say hey if you don't want to play by the rules you just have to go so the potential for disruption is definitely there of course on the other hand there are people here who believe that if the new election in italy is really going to be turned into some sort of referendum about whether or not italy should
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stay in the euro or not after all a majority of italians would decide to stay in the family stay or go conrad we've got to leave you there where you are in frankfurt thank you very much. top german and european officials are pressing the u.s. for a permanent exemption to higher import tariffs for metals imported from. up they're expected to go into effect friday european trade commission is the syria model and german economy minister peter my are expected to meet this week with bill wilbur ross the u.s. commerce secretary trade representatives failed to win a permanent exemption to the u.s. tariffs at the start of this month e.u. policy makers say they'll take countermeasures that could damage economies on both sides of the atlantic if they do not get what they want. german chancellor angela merkel said on monday she's willing to continue negotiations and hopes they won't begin need for retaliatory action the strongest in the group by using the opportunities of globalization for that to same time reducing the risks is
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something we can best achieve together but instead of that we see that multilateral initiatives are being questioned international agreements and institutions are being weakened solutions that have already been found are not finding support and unilateral approaches are being launched this is worrying. more refugees are finding jobs in germany that's according to official employment data it shows some two hundred sixteen thousand migrants are now in work making social security payments at the jump of about sixty percent over last year researchers say the data suggests fears of massive unemployment among refugees are unfounded the need for skilled workers is so great here in fact that some employers cutting corners to give experienced refugees a job even without the official training certificates now that doesn't sound like anything spectacular to you i'm sure but it's a big thing in a country the places so much emphasis on paperwork. he's only twenty four years old
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but already a well rounded craftsman use of asa honey worked as a carpenter in syria for six years he also sewed in his father's tailor shop there he made everything from curtains to upholstery and even fabric auto interiors. and hutton ghosts which we had a big workshop with a lot of space and you'd have been wise so things there were a lot of businesses would bring us work and we sewed and taylor that workshop is how my father made a living. and in english with my four things we got a way to find going to shop use of alcohol and he has been recognised as a war refugee and has been working for this small on a maker for two years the start ups which is ultraviolet resistant on ngs and mounts them for customers even this young company in a niche market worries about finding enough skilled workers there are hardly any more good stores in germany its owners say. well no it isn't wasn't on and we have contact with other automakers and we see that skilled staff are in high demand
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those who have learned the trade are then turned off of it because of the heavy working load and it's very difficult always looking for new people in position. the manufacturer already has two permanent employees and a steady stream of in turns including at the moment marlon mostafa. he has from aleppo which was a textile hub before the war there the thirty nine year old employed twenty five people in his workshop. i have experience as a tailor of men's and women's fashion i could even open a tailor shop after last week maybe even a large workshop were a lot of people could common work for me and i can employ fifty people perhaps even one hundred s. in a show on a long time should come see you i should be to a. post office current managers are giving him a good start towards his goal they're banking on both syrians textiles experience even if the workers have no qualifications. on paper. of all to name on this it's
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down to the company not to insist too much on certificates or exam results that's a typical german obsession i think that these are the only things that matter when it comes to employment criteria. german language ability is still a must for angle in colts even if their employees skills are top notch they don't want misunderstandings and improperly cut fabric so they insist their staff take german language courses the need for such language skills is self-evident to use of fossil honey after all he says he does now live in germany. it's an iconic image the air traffic controller responsible for the safety of thousands of airline passengers they touched in a tower above the runways pair of binoculars in hand what if the towel wasn't located near the airport and what if instead of windows trollish rely just on notices a small airport in sweden may be a sign of what's to come another day and soon fall north of stockholm another safe
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landing at the city's airport all with the help of air traffic controllers in this tower nothing unusual there things look much different inside controllers here rely on a panoramic digital display for a real time picture of air traffic all of it fed by cameras around the runways and projected on the fifteen massive streams in other words it's a remote air traffic control tower and since fall doesn't just control its own flights but those of two other airports hundreds of kilometers away. we do see some benefits with a remote system that you can actually increase safety regarding how you handling we can see in and out on the runway and the possibility of how systems support of detecting aircraft so the safety is is high sweden's transportation agency approve the technology developed by saab in two thousand and fifteen soon became the first to employ it now others are buying into the idea solve
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a signed contract with airports in the u.k. and it's running a trial in the us belgium is considering updating its control towers in the edge and shore law in the coming years. to be utopian we see that in other european countries when a new tower is built in an airport most of our colleagues choose the digital tower and i think that it will eventually be the solution you object adams solution. a future of outsourced air traffic control it's ready for takeoff brazil's striking truck as say they're not budging despite president musharraf the man announcing concessions on sunday they say the sixty day cut to diesel prices fall short of their demands are still supply situation is hitting crisis point may supermarket shelves are empty and there are widespread fuel shortages the government's attempt to curtail the protests has had only a limited effect many of the country's key highways are still blocked. starbucks is
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closing the doors of eight thousand stores in america today to give mandatory and t. racial bias training to its one hundred seventy five thousand employees this follows an incident in april in which two black men were arrested for trespassing awaiting for a friend in a philadelphia branch the company says the sessions will give employees a better understanding of how racial bias works. c.e.o. kevin johnson apologized we flee for the philadelphia incident and the company settled with both men for a two hundred thousand dollars charitable donation. bicester business with a. loan
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term to install a new exhibition in the title slots it's called title being the art lines a stretch of beach on belgium's coastline. sculptures among the waves between change and. detail. lynn odland
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live cooking for the white chocolate ground is shaking now but the shuttle is your favorite to live live it is the to make a point on the turkey to go over the politics of the entire country the champion of three conflicts for the last sixty years douglas for mines. you can tell a lot about a society by its garbage. the future first for the rich but for many poor people it offers their only chance of survival. cannot be done for today just like. the reporters travel to nairobi or clams meet people who know the truth value of the garbage. it is created and trying to encourage the economy play book which is going to this mean for economic inequality in the world
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live you guys are starting place war theater the response to that statement should be yes we are starting to as we walk to the rich to the trash can exclusive brooklyn starting to live on t.w. . and welcome to a new week of euro max before we get started let's have a look at what's coming up and today's show. type change how the alcoa the way to get out but it's unconventional each. exchange to grab us in the end with a little.

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