tv Business - News Deutsche Welle August 30, 2018 3:15pm-3:31pm CEST
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in utah trout are dropped from over forty meters above the water from the bottom of a plane utah as division of wildlife resources says that over ninety five percent of them survive the freefall in fact it's less stressful than previous method. so you news for no place where she. wouldn't have been fighting for the case to take you seriously in the world of work here's what's coming up women's time to go do some good for your smart women more towards smart state image and increasingly dangerous times are for putting children form on. a news analysis to achieve what's going on since. the so-called change has not to this kind
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boosts by. people who put big dreams on the big screen. t.v. and movie magazine on d w. argentina paizo plummets to a new low that as it asks the international monetary fund to step up the pace of its payments we ask our market correspondent how much worse things can get for emerging economies nowadays also on the program germany has a shortage of nurses could the onsen in albania. welcome to do business argentina's peso has plummeted to a record low again. the dollar with investors reacting to president. appealed to
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the international monetary fund to speed up this embarrassments from the country's fifty billion dollar credit line uncertainty over inflation and economic downturn and budget deficits have sent to the pace of tumbling forty percent since january everything is getting pricier food electricity buses schools this year inflation in argentina is expected to reach around thirty percent and at the same time the peso continues to fall since the beginning of the year the argentinian currency has lost forty five percent of its value against the dollar the country's central bank has spent weeks desperately selling off its currency reserves in an attempt to stabilize the peso but to no avail nor has president morrissey omak these appealed to the international monetary fund to speed up december cements from the country's fifty billion dollar credit line foreign investors and the public have lost faith.
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we're going to resemble the market doesn't trust the government and especially its economic team and i think that if the finance minister and the central bank president don't step aside very soon things will get much worse it's not a case of poor economic decisions the main problem is that those in charge have lost credibility. as have always you know. go for growth is at the moment. and yet until recently the center right president was seen as a dynamic reformer he opened argentina up for trade and investments attracted companies to the country all paid for with foreign capital but it's not clear whether the loans will be repaid debt payments of almost twenty five billion dollars on next year rising interest rates in the u.s. are one reason for the crisis it's now more lucrative to pump cash there and that's not just affecting argentina the ruble the south african rand the turkish lira and
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the brazilian ryall are all plummeting political conflicts are making things worse argentina may have further to fall protests against the government are growing and the nation's biggest union c g.t. says it has strikes planned two. for more let's bring in our markets man that is in frankfurt is argentina all the next venezuela. monica it's funny you ask i have the same question and so i did bring it to a emerging markets specialist his answer definite no venezuela is beyond repair everyone who is invested there is just hoping for a gene change so they can get maybe part of their money back but we're not there in argentina even though the situation isn't looking very great and of course the comparison is there with inflation then the currency drop but the problem in
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argentina is a fear that the government which has a large large debt can't refinance that debt however it doesn't need to until the middle of twenty nineteen so the argentinian government asking the i.m.f. to step up a little faster than they were supposed to and bring that money and that could help however argentinians don't like the i.m.f. because they remember the two thousand and one collapse of the economy and the rules that i am a set back then to stabilize the country that hurt people of course this is saying that his company chooses and i don't want to refer to a particular. cause isn't the only country there are other emerging market currencies that are tumbling left right and center is it all down to us monetary policy. that's a classic yes no answer yes because interest rates in the u.s. are rising and they're going to continue rising if the economy stays strong the signals are there also the u.s.
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is pulling money out of the market fifty billion month that's just not there it's not there for investors to put it into risky places on the other hand of course problems are homemade if these countries weren't so dependent on us on the u.s. dollar to keep their consumption up then they wouldn't run into problems right there from the bank of stock exchange thank you. it's well turning to germany now interest data from the. federal labor ministries show german unemployment ticked up slightly in august it's in line with expectations because students and school leavers register as unemployed over the summer so the number of people looking for work remains the lowest in twenty seven years posing a challenge as many positions remain vacant it's an acute problem especially in the health sector where there aren't enough young people choosing to work as caregiver us and now hospitals and nursing homes are increasingly turning to workers from
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abroad who not only are available but also cheaper. twenty four year old christian got souly got work as a caregiver at berlin's shariat a hospital directly after completing his training in albania only applicants with good german language skills had a chance here at europe's biggest university clinic otherwise the paperwork on the wards would have been too difficult or how i'll go through the hole in the hospitals at home we have a different system here the documentation is more important everything has to be recorded up about this or that or the organization here is a better structure than in my country office. back home christiane might not even have found a job the pay in germany is attractive. when you are here earns twenty two hundred euros a month net in albania it would have been a tenth of that and the working conditions are harder here he says with far fewer
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staff on the wards but he says his job in germany is a huge chance he has an open ended contract because skilled workers like him are sought after the shop it is three main facilities lack hundreds of caregivers so the director in charge of nursing hired workers from abroad initially from albania soon more will be arriving from mexico what's i don't get is that's not one basic condition it had to be a country that was not itself suffering from a shortage of nursing staff a body in albania surprisingly produces in trans more caregivers than it needs and that's how we got the idea of val down he. said. louisa s. face was hired to help integrate the seventy albanians in the program. christian get souly has come for advice on finding a new apartment ever since he arrived last year and space has been the go to person for any problems that. we had it didn't take care of a lot of official things we get them health insurance open
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a bank account go to the company doctor get the contract signed it if i try. and i have a question is not sure how long he'll stay in germany but he feels comfortable on the ward for the hospital that's a sign of the program's success in october it will bring in nursing staff from mexico. so right now germany lacks ten thousand nurses and care give us and respect to an acceptable set an economist at the german economic institute and i asked him how such an important service to society could be made more attractive if you have too few people selecting their selves in the occupation then you should do anything you can to make this occupation more attractive wagers are one one aspect and that another thing as the working conditions and for sure in the care sector we have high workload and you know you have to address this but i think politics already acknowledge that and are
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doing something to change that so for for one they are they are now making the book ational education that leads to that occupation more attractive in the in the past it was quite expensive and took took very long and in the same time you could study and learn my money so it's easy for young people to select something else because they can choose they are few we need them and every occupation has to be attractive to have people selecting themselves and and it's not only the care sector the care sector is very much affected but it's also traditional crafts like plumbers and construction we have like in technicians like electricians or anyone is a skilled worker with metal synthetics it's not only i.t. and engineering anymore it's very very much about the non academic skilled workers which we desperately need and this is going to become very much more. another
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aspect worth mentioning in the context of the labor shortage the current wave of anti migration and far right protests in the eastern german city of kenneth's faced with a serious shortage of skilled workers german industry fears that racism and xenophobia could to deter applicants from seeking work in germany leading economists agree saying that foreign professionals will only consider coming to germany if it remains an open and tolerant society. the maker of jack daniels whiskey is feeling the pain of the trade spat between the e.u. and the us brown foreman has issued a profit warning whiskey is among the american products targeted by brussels retaliatory tariffs which includes peanut butter and harley davidson motorcycles while the e.u. and the us have declared a cease fire on the ongoing conflict some products will continue to be affected by tariffs until the two trading partners can come to an agreement. and japanese electronics john panasonic plans to move its european headquarters to amsterdam
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from london in october to avoid any tax issues linked to brics it the u.k.'s exit from the e.u. could mean that japanese authorities may treat britain as a tax haven if that happened panasonic would face retro active active taxes for its u.k. operations back in japan uncertainty about the movement of goods and people between britain and the e.u. post breaks it also played a role in panasonic's decision. and that's your business update here on t.w. thanks for watching.
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scholars most of. the pain still tangible. the suffering for god. for civvies edge but. they have survived do they also have a future. i really understand people who say they don't want to stay here. but i also admire people who want to stay here and who decided to create something . of a new beginning in peace time for the people making it possible what needs to happen if tolerance and reconciliation are to stand a chance for that it shows once a really difficult complicated front is. this reconciliation forgetting they get
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