Skip to main content

tv   Business - News  Deutsche Welle  May 29, 2018 7:15pm-7:30pm CEST

7:15 pm
because he likes cheddar cheese can't win can't win all right you're watching you don't win years we thought a lot more to tell you about including italy's government stalemate has spoke to global markets and to sell off mode but is another eurozone crisis lurking on the horizon ben more have more right after this. and off the at the top of the hour. global inequality. in a global connected well. when differencing disadvantage is. nothing to lose it seems right to the book known to the media to join the discussion and how do you think i'm going to balance global media forum twenty eighteen the place needs to nine. every journey begins with the first step and
7:16 pm
every language with the first word emerged in the. rico is in germany to learn german why not learn some simple online on your mobile and free shops d w z e learning course you can speak german made easy. to. market mayhem global stocks slide analysts say you can now call this a crisis the political turmoil in italy hits equities and pounds the euro. fair pay for european workers who moved to other parts of the balkan often get a bad deal plus germany's refugee work force getting most skilled migrants into work even without the official paperwork and what happens when you take the control out of air traffic control tower. hours. and been fizzle and let's do business the
7:17 pm
italian turmoil is creating market turmoil and not just in italy or europe we're seeing a global market selloff amazing what the italians are capable of they've said the euro to an eleven month low against the u.s. dollar trade is fear a snap italian election will be a referendum on the e.u. so it looks like we're on the brink of another euro crisis and italy's debt burden spiraling out of control the reaction for you as far as equities go beyond stock exchange something by four percent a time the regaining a little as you can see there same story for madrid in frankfurt the german dax falling by one and a half percent. bank of italy governor in doubt still biscoe has warned that there are no short cuts when it comes to shrinking his country's public debt he added italy's destiny is bound to that of europe at the unveiling of the central bank's annual report in rome biscoe was also keen to ease fears about the tumbling of
7:18 pm
shares at the milan stock exchange. really shouldn't reducing the incidence of debt is an essential objective. if the tensions of the last days can be eased the cost of debt will also be reduced. over to correct those in our financial correspondent frank for some reaction to italy's central bank governor he does sound like he has everything under control conrad. of course it has been that's what he's paid for central banks central bankers are the anchor of stability for the financial world mr biscoe really has to use language like this and if i maintain that this is just going away just like that certainly the people i talked to here today don't think so and certainly the numbers don't look good the yield on ten year italian government bonds that's the risk premium that the market attributes to italian debt this heels has risen above three percent for the first time in four years today
7:19 pm
while at the same time the government bond yield on the german ten year bonds has sunk below zero point three percent this praed and the widening spread the widening gap between those government bond yields indicates the potential for disruption that investors are seeing right now. you governments are nothing new in italy but this is all quite a unique reaction from european officials. well yes but the european official that we just. heard talking and talk about mr. he has good reasons to remind everyone not only the italians but also us here in germany what's at stake and that if you want to play with the others in the club of the european union you have to play by the rules maybe it wasn't his. correct position to do so and of course he's not an
7:20 pm
elected member of a government the e.u. commission is just a bunch of officials but he's right somebody has to remind the italians what's at stake playing by the rules can reduce their force in frankfurt thank you. for it's two years in the making his next deal us and he trust authorities but proved by is takeover of american see john wants. it marks another major hurdle in the sixty two and a half billion dollar deal the german fala firm has agreed to sell assets including seed and crop chemical activities to its rival b a s f for of eight and a half billion dollars and trust concerns the life science company already has the green light from the e.u. brazil and russia but it still needs clearance from canada and mexico. could use for europeans who move to other parts of the block for better paid work
7:21 pm
the european parliament has approved new rules to ensure they don't get exploited often the pay is lower than it should be and that brings down the going rate and growing locals as well posted workers from countries like bulgaria come to germany or france with the hope of earning more than they could back home but often they only end up being paid low wages also undermining local working conditions now the e.u. parliament has decided that must come to an end from a twenty twenty legislation will guarantee equal pay for all and travel and housing will have to be paid by the employer. you will you'll make can't be asked anything you want to establish a clear political line saying that wages must be fair equal pay for equal work that means we have equality and justice for european citizens that is what we want to bring about yes it just he still at the end of. the law aims to protect around two million people who come from poorer you
7:22 pm
countries to work in wealthier ones in germany alone that's around four hundred thousand people with the majority coming from poland but not everyone is in favor of the new rules criticism has come from german employers among others who say they're concerned they won't be able to afford hiring workers. more refugees are finding jobs in germany two hundred sixteen thousand migrants are now in work the need for skilled workers so great that some employers a giving experienced refugees a job even without the official training certificates you might think so what but that is a big thing in a country that places much emphasis on paperwork. he's only twenty four years old but already a well rounded craftsman use of asa honey worked as a carpenter in syria for six years he also sold his father's tailor shop there he made everything from curtains to upholstery and even fabric auto interiors. would
7:23 pm
have been ghosts which we had a big workshop with a lot of space and it had been why so things there were a lot of businesses would bring us work and we sewed and tailored that workshop is how my father made a living. and in a good shot my phantom zone got away to ninety percent use of alcohol and he has been recognized as a war refugee and has been working for this small on a maker for two years the start up stitches 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 stories in germany its owners say. well no it isn't wasn't and we have contact with other automakers and we see that skilled staff are in high demand 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. to manufacture already has to permanent employees and a steady stream of in turns including at the moment marwan mostafa.
7:24 pm
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. which. i have experience as a tailor of men's and women's fashion i could even open a tailor shop after maybe even a large workshop were a lot of people could common work for me i can employ fifty people perhaps even one hundred s. in a shop. most 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 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 and colts even if their employees skills are top notch they don't
7:25 pm
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 you know. finally bringing some tech to the workplace it's an iconic image ed traffic controller responsible for the safety of thousands of passengers daily poached in a tower of the runways but no kid was in a hat but what if the towel wasn't located near the airport and what if instead of windows controllers relied on monitors only a small airport in sweden may signal what's to come another day and soon fall north of stockholm another safe 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
7:26 pm
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 soon fall doesn't just control its own flights but those of two other airports hundreds of kilometers away. we do see some benefits with the remote system that you can actually increase safety regarding how you handling we can see an amount on the runway and the possibility that it has system support of detecting at craft so the safety is is high sweden's transportation agency approve the technology developed by saab in two thousand and fifteen since fall became the first to employ it now others are buying into the idea sabah sign contracts 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 on five dollars will be utopia and we see
7:27 pm
that in other european countries when a new tower is built in an airport most of our colleagues choose the digital tower brandished and i think that it will eventually be the solution you object atoms to sort of solution a future of outsourced air traffic control it's ready for takeoff. and i'm ready to take off back with your next business update next hour i'll see you again very soon here on details about. the an. interim.
7:28 pm
clinton. peaceful appearances can be deceptive. rival gangs fighting turf clubs on chicago's west side and hundreds of people are murdered on the main streets of this city every year. was once again later today he's a social worker helping young people find the courage to change their lives global treatment next. what unites. what divides.
7:29 pm
what binds the continent to announcers and stories a plunge the. spotlight on people go and globe during. on t.w. . lake george for t.v. smarter the t.w. course much of. what you watch when you want it up to date extraordinary. to decide what's on sunday morning that dot com smart t.v. . time for an upgrade. grows on buying. cars with. design highlights you can make yourself. known steps in tricks that will turn your home
7:30 pm
into something special. a great yourself with d w's interior design channel on you tube. this week on global three thousand we're off to the steps of mongolia where intensive livestock farming is destroying land and life in hoods what can be done about it so. we head to chicago a city with a sky high murder rate and a west side blighted by drugs gangs and despair. the first to east in kenya.

26 Views

info Stream Only

Uploaded by TV Archive on