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tv   Business - News  Deutsche Welle  September 21, 2018 7:15pm-7:30pm CEST

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well and medium size companies are desperate for skilled and unskilled workers have yet is up next with a success story. for that and i'll see you again at the top of the hour. on beethoven. his work on the goddess for turn up. the munchies and feed. the children such to kong twenty two. her first day of school in the jungle. first clearly listen to.
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them doris green the moment arrives. join during a tank on her journey back to freedom. in our interactive documentary. tour on the rainy day returns home on d w dot com orangutang. one of the very first auto makers and once as iconic as ford all could had to be rescued by francis p.s.a. group last year but now p.s.a. is putting the brakes on oprah. also the program house prices keep going up and up but how much is too much that's a question not only germans have to tackle it's a global problem. and small and medium sized companies here are leading the way when it comes to. boy migrants we highlight one bavarian success story in
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a very traditionally german sector. and so for business on the w m how you know yes it's good to have you with us opus sluggish sales are keeping the company in crisis mode and next month employees will be sent home as the production line is shut down for a week and overall capacity is reduced or money for two decades a year ago its former owner general motors sold the ailing company to francis here say despite better figures the company is struggling to stay profitable. our financial correspondent done you call past been following the story for us at the frankfurt stock exchange hi daniel it's good to see you now let's head back to the time when oprah was actually sold to post a trend there were many fears that factories or the factory in germany specifically would be closed isn't this what we're seeing right now a really bad sign. well hi there have you know what i can tell you that the open
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line is that's how they're called here and germany they have a job guarantee actually worth p.s.a. until the year of twenty twenty three but still this news is not creating good spirit among the employees we are her hearing that their work or council now wants to have talks with the management and there could be even more problems for the employees from october on because we're hearing that in the factories of eisenach and also in one of the polish facilities there could be also forced reduced working hours so yeah this fear they are right now is not very good. for the employees but let's take a look at investors because the performance of the company has been better since the takeover of soros we know how do investors see this. well when you talk from the investor's perspective they're actually pretty in a good spirit at the moment we have to remember that opel was for about twenty years not in the winning zone now of all children months ago for the first time
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they were able to return to the winning zone and now with p s a they also have the opportunity to enter markets they were not able to enter under the ownership of general motors from the frankfurt stock exchange thanks very much for the insight the german government has decided to tackle a drastic shortage of affordable housing in the country chancellor angela merkel has set out a raft of measures to speed up construction and limit rent increases berlin has seen housing prices explode in the last few years but the problem has long become a global issue shoe box homes like these are becoming common in hong kong as real estate and rent prices soar authorities are scrambling to find out cers for what's becoming a major source of economic and social unrest in one of his breeches cities one of the proposals is to reclaim more land to build on along the harbor but some
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residents are taking matters into their own hands by occupying industrial spaces for instance dangerous and also illegal. in a world where a fifth of the population lacks adequate housing hong kong is representative as its struggle for a solution. but although prices jumped nearly fifteen percent last year it's still only the fifth hottest property market in the world hotter still is vancouver where prices rose sixteen per cent both cities are outstripped by reykjavik at izmir but the upward swing is most evident in berlin where prices have skyrocketed twenty point five percent. the reason for runaway real estate pricing are manifold a big one is simply supply and demand as population growth outpaces construction but residents the world over put at least part of the blame on foreign investment driving up prices in an era of cheap money in berlin the local government has said
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it was mulling restricting the foreign ownership of homes that idea wouldn't be original in a bid to counter house price growth and homelessness new zealand passed a law just last month banning foreigners from purchasing existing houses a step further from foreign ownership taxes imposed in other cities like toronto many question just how much these measures will help bring prices down for now housing prices are still in danger of overheating. turkey on thursday cut its growth forecasts in half for this year and next this comes a circus finance minister abbott out iraq travel to berlin on friday carrying some heavy a comic baggage the lira has lost forty percent this year and there's a deep rift with the united states inflation is now over twenty percent and the situation is getting worse every day. knowledge is stuff still have work to do but it gets harder by the day eight years ago he set up on his own as
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a silversmith in istanbul each piece is hand crafted it's hard work and until recently it's paid off. but the currency crisis has changed everything silver has to be imported and paid for in dollars as a result the cost has skyrocketed and with people worried about their finances they're buying less jewelry. to move i don't know if we're going to sing for half as much as last year. under in the red in terms of profit. but other people are even worse off i've had people who've had to shut down their businesses coming to me to ask if i can take on some of their stuff. in a woman market for the baths i have a question for me is what i think you want to use will be your small businesses like nazar especially badly his but larger companies are struggling to the lure us to climb has made loans taken action dollars or euros far harder to pay back all
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over turkey people can see that the notes coming out of the a.t.m. are losing value. phones have become more expensive they now cost fifteen hundred two thousand lire more than before as well as food transport everything. to call it the truth which in all the chocolate i buy for the kids first it cost one lira and one fifteen now it costs to layer a market even a discount supermarkets are no longer cheap. market that leaves an elected government the armed services he companies are pretty much robbing us blind they put their prices up every month to the mcnaughton carom alcan is an economist and business columnist at the pro-government newspaper sabah he admits that there are problems but he insists it's not the president's fault and that the conditions for recovery are in place. the model of the growth for the next one and the whole thing
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is mostly be about the resume and export effects for the growth we will find the way to decrease the government expenditures and after the opposition period you will begin to see easily two point five four percent or higher than four per cent for the turkish g.d.p. growth between two thousand and twenty two two thousand and twenty three for second twenty twenty three could be too late he's not even sure if his business will be able to stay afloat until the end of this year. the migration situation in europe was high on the agenda at the e.u. leaders summit in austria and thirst aid the big challenge how can the millions of migrants who have arrived here be integrated into you as our example from bulgaria shows. them. driving large amounts of beer around that slum in seventies manger up. he's employed by the hallowed brewery.
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i'm sure proud about hello a just because of big news on the ledge they go to work. if you and deployable teach or show are so kind to me. really true to got feed had they hired him three years ago he needed people for simple unskilled labor. this what of that i mean seventy seventy has been working for the company since march of twenty fifteen is a good worker after him we hired three more refugees. the migrants are young and they learn quickly but for halle the social aspect also plays a role he pays for the refugees german classes and ensures that they find accommodation. all my stuff just as i live in ukraine the job is most important they have a structured day they have their own money that is important i talk
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a lot to the refugees and they all say that they do not want to depend on the payments they would get from the german state people the chamber of industry and commerce has established a network with the aim of integrating migrants into the labor market that this is the fact there are two motivators for the companies to commit themselves socially and to contribute to society and the other is quite simply the lack of specialists many enterprises need people and they simply found an exciting target group a lot of young people who want to build something for themselves. and that means seventy and his colleagues gross between one thousand eight hundred and two thousand euros a month depending on how many hours they work and after being here so long the new one say they almost feel like they're from here. before we go u.s. life insurance provider john hancock now makes new customers where
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a health monitoring armband that the insurer can access of customers a customer is the chief their fitness goals they pay a smaller premium customers refusing to wear the tracker will be turned down the company says everyone profits from the measure customers are healthier and live longer critics though warn of misuse and surveillance. a creepy end to this edition of the double business thanks for watching i'll see you next time good luck. trying.
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to to move. these men are risking their lives trying to get to meet new g.m. bosnia-herzegovina on a route that's riddled with landmines. the country is struggling to cope controlling numbers of refugees providing them with an air necessities before they continue on their dangerous trip. needs to be doubled from. war.
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the contentious figure at home. she wrote in germany. from the fall of the model. to german reunification. and the end of the coma outta warm chances from very few moments of the twenty cent . gorbachev the last leader of the soviet union was an agent of change. quickly mr downfall. i have decided to resign my duties as president of the soviet union. lost. but she is the one historical but i'm sure of one as a person. she continues to fight for world peace with the reminder by next we have to comprehend where this has taken us or for today there is a new arms race in. peak hour of time gorbachev and the opportunity for
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peace wasted starts october third on t w. a low and welcome to focus on europe i'm brian thomas europe's nationalist and far right parties are continuing to make gains in europe and in germany that's especially true in the country's east why.

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