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tv   Business - News  Deutsche Welle  June 20, 2018 7:15pm-7:31pm CEST

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be back with you about the top of the hour wall of course on the web site the government on top of it. comes. to a minimum. number . three hundred. my first by sight was just sewing machine. where i come from women are bound by this notion to. something as simple as learning how to ride a bicycle isn't. since i was a little girl i wanted to have a bicycle off my home and it took me years to until. finally they gave up and
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mentioned my knee and my cycles but returned because sewing machine sewing i suppose was more appropriate for girls than writing advice. is now i want to reach out to those moving back home for bones and social rules and inform them of oded basic rights my name is the amount of the who and i are more needed. to do. the french and german leaders have a later as a new chapter for europe. call i agree on the eurozone budget but the details are murky coalition partners oppose it and economists are wary. migrants a boon or a liability for european economies in the study the o.e.c.d.
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says many fears are unfounded but the picture is not rosy. as this is the business welcome german chancellor angela merkel is facing us from whole conservative coalition partners she's how much out of proposal with french president among them are called that would see greater financial integration in the eurozone culminating in a dedicated budget eventually which many in our own party have fought tooth and nail in the past first what's clear the two have decided to push for the creation of a single eurozone budget helping to bring the economies across the bloc into line that will be in place by twenty twenty one if all go. as to plan they also want to start a fund to give loans to troubled countries in the event of another economic crisis ultimately protecting the euro but what we don't know is this how will the new budget be financed will the other members agree with this path or is there citizens
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for that matter the plans could be seen as rich countries subsidizing the mistakes of the poor eurozone budget is also a political hot potato potato for the german chancellor many fiscal hawks and under the americans increasingly fragile coalition fear the bloc could become a so-called transfer union where which of countries like the netherlands france or germany permanently finance the poor countries in the south i asked economist young peter cannon from frankfurt university if he thinks the dedicated euro zone budget is a good idea. i think the budget as such is like a two edged swartz and we still don't know in which direction it will cut on the one hand it may be this already mentions transfer union that just transfers consumption income from north to south which would be a bad solution on the other hand it could also be a means and way to enhance productivity growth in say the more perry federal union
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regions of the european union of the eurozone and in this case it would be a good thing how to achieve this is really a matter of the details that we still have to look at and i think it is our duty to have a very decent look at that once they're on the table. it just took it to finance this budget by an additional tax what kind of money is the europe average european looking at. oil is i mean the idea to raise particular money via special tax particularly a financial transaction tax that is often mentioned in this in this regard is in my opinion of a lesser importance. the whole process will be such that the money in the end will come from the same very same taxpayers and it will be made sure that this tax base will not get too large after it has been created for that reason i think the tax issue is of lesser importance than the the sheer sign that we are embarking on
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a reform process which is actually over to you. thank you very much um peter grant an economist and professor of full financial markets frankfurt university joining us from frankfurt. the refugee crisis is without doubt the most contentious problem in european politics at the moment it's putting previously unknown strain on germany's coalition government so the report on broader migration trends published today by the organization for economic co-operation and development comes right on cue. says asylum applications to o.e.c.d. countries fell by twenty five percent last year from the record high of one point six four million a year earlier applications to e.u. member states nearly hoft the study also looks at the impact that migration as on the economies of the receiving countries i asked the o.e.c.d. told us leverage to help compile the report what the most important findings are. all reported to we analyze among other things the migration flows to all we see
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countries and we observe a record high in two thousand and sixteen but a significant decline in two thousand and seventeen and in both cases actually germany was a driving force among the changes it was together with the united states of top fifty nation country in two thousand and sixteen but also experience a very significant decline mostly due to fear refugees arriving in two thousand and seventeen in terms of. employment and integration of refugees into the receiving countries the o.e.c.d. countries what are your your most important findings there in this study so an interesting fact is that even the peak year two thousand and sixteen the majority of new influx of germany were actually not refugees it where people coming from other you countries with their families to take up employment to take jobs in germany with by and german economy and labor market so clearly a lot of migration that we observe in germany is driven into the labor market and
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actually we see a very good labor market integration figures for the mike in population as a whole obviously refugees have more difficulties and other groups but it's vert noteworthy folks sample that if we can women in total which includes all the refugee women and ply meant for this group is a record high levels in germany at the moment what of those who record high levels that are around sixty percent sixty percent more than half of them have the male what i guess which were real but still employment rates and men of basically ok so that's that's a good sign that the german authority for if refugees and migration has said that roughly ten percent of refugees that have arrived in germany until twenty sixteen have found a job can we do better than that of first all of this is a long process and a lot of those people are still in the silent process there's still an introduction courses they still getting basic german language knowledge and we know that their progress into the labor market is very rapid in the first years but it's
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a process that takes a lot of time much more than for any other migrant group obviously because we should not forget these people have not come for economic reasons these of people have come for a flight to germany and so they should also very different. across the e.u. youth unemployment is still a big problem it's roughly a twenty percent if you look at all the states and much much higher for example in greece and other southern european countries. no most refugees that are come coming to europe and to receive becomes a young man are they a real threat for unemployed use in the e.u. and are refugees taking their jobs as off is often said you know international migration outlook we have a specific chapter which looks precisely at that question and indeed of that's one clue where there isn't a potential issue it is among the low low educated young men in the workforce it's for the moment the biggest flows in the past have been oriented towards
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countries like germany and sweden where the labor market situation is pretty favorable so they make up a significant proportion of that group next in the case of germany and austria between fifteen and twenty percent so it's quite a significant part of that group which fortunately is not particularly large in those economies now talking about spain and greece. we had much flow inflows into those countries and here we think that the whole package of measures needed clearly number one message is to make sure that everybody gets the basic qualifications to need to succeed the labor market regardless of origin secondly to have a consistent migration policy that combat also in those countries illegal employment of foreign workers open legal pathways for migrants who just come forth getting a job i don't i'm not in need of protection and also to have also a clear policy in general return as part of the package for those who are not found
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to be in need of international protection. you talked about the people returning to their home countries you know that the well qualified ones that are coming the nurses the engineers and the doctors. are they useful for the receiving economies yes they are but wouldn't it be more useful at home first over here we must clearly distinguish among the different groups those who have come as refugees they have been leaving their countries because there was no. safe place for them in the origin countries but there's a much larger issue notably was used back to foreign trained doctors and nurses who are coming to o.e.c.d. countries through different channels mainly labor migrants because these are need everywhere and including in their origin countries where there's a global we have a global health workforce crisis but even of all of those foreign trained doctors and nurses currently living in always city countries regardless of how they have arrived which we turn to there are countries that would sort of only one third of the problem so clearly we need
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a very large response and better training and education policies better health care systems in the origin countries is the key challenge and migration is only a small part of that global picture talking about training and. immigration here in germany training up people are we doing a good job there the response in germany not only on the policy side but also by society at large civil society employees unions has been remarkable and then sent back in twenty fifty that spec into either to change it is a continuing and that's interesting we that's much less talk about what's happening now in terms of integration but the challenge is now the challenge in two thousand and fifteen and a good part of two thousand sixty was not integration to the labor market this was getting a shelter getting the people the basic needs ready that they are able to derive and get the basic needs now is a challenge to integrate them into the labor market clearly for those who elect
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basic skills this is going to be an uphill battle but it's something where germany is very well equipped to do and there's been a lot of measures that go in the right direction we think more could be done notably with suspects to making sure that the low qualified has a consistent pathway towards a lasting employment and this will take several years to mostly from the o.e.c.d. thank you very very much thank you. and that's it from me on the business team here in berlin for the moment my colleague funny fuck shot is already hard at work over there in the newsroom preparing your next business update tensional yet this almost in one hour before you go have a look at the markets right now thank you very much for watching i mean business about.
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to. enter the conflict zone there's been plenty of coverage of the thousands of casualties inflicted by israel along its border with gaza but what's really the role of hamas in the bloodshed my guest is osama from a senior member of hamas is proving only. to move to live richly for both israel
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with no school official for the safety of its citizens conflict so for now she doesn't. hold. bursts. home as of species. forcing. those are big changes and must start with small steps. just tell stories of could induce people to innovative projects around the world. to screen shows for station. interactive content teaching next generation to check. using the channels available.
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and more determined to build something here for the next generation. the environment series of global three thousand. pounds teaching displaced desperation to tragic stories of refugee. seeing is the first step to understand. the world refugee day. there's been plenty of coverage of the thousands of casualties inflicted by israel along its border with gaza but what's really the role of hamas in the bloodshed the organization that runs gaza and is labeled a terrorist group by western countries my guest this week here in beirut is a saw mahommed a senior member of hamas is ruling politburo did the movement deliberately provoke
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israel with no thought at all for the safety of its citizens.

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