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tv   Business - News  Deutsche Welle  November 4, 2018 2:02am-2:16am CET

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turkey's president rich of type area one inaugurated one of the country's largest infrastructure projects on the ninety fifth anniversary of the republic's founding it took just four years to build a massive project from scratch something proud airport chief executive country some soon lou doubts others could match. is being billed to turkish capital turkish workers turkish banks and. this is this is this is pumping all. his place. and that's that's makes me a problem it's europe's largest airport with an initial capacity of ninety million passengers a year this is just the first of four construction phases within a decade it's set to become the world's largest.
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with this app port istanbul hopes to become one of the world's biggest of the asian hops if you know i'll fly long distance frankfurt paris to london chances are you may soon be changing planes here instead but the project has come with a number of problems property owners say their land was expropriated environmentalists oppose the clearing of huge forests and many workers who helped build the project in record time say they faced horrible conditions such as lack of safety precautions fatal accidents and being paid late or not at all. spent nine months working at the airport he says when he criticised conditions openly he was fired. only jerry did october just amid so temblor there was a very bad accident again that when you go to the seventeen people who are
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seriously injured. and what eyewitnesses even say some workers were killed on. the thirtieth. anybody who speaks out about it could end up in jail betting with them that doing it may be the world's largest airport but it's stained about the blood of work and. secured in the arena. country some soon lou admits there were some problems but insists they've been rectified. workers demand that. certain employment in india for the needs you took the necessary measures. at this moment be provided. they are providing a better service for them and that's why from my perspective issue is on the control and workers are happy some sulu says he wants to look to the future and not the past where there's still a lot left to be done it is turnbull's grand new airport. german engineering
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giant siemens is investing six hundred million euros in an innovation center in berlin it's called future campus and it aspires to become germany's silicon valley it will be home to research labs and high tech production facilities for startups as well as welcome space for affordable housing in a city with a housing shortage it will be based in the company's birthplace zeman status which is already the company's largest production location with eleven thousand workers. german mater s. have filed a class action lawsuit against volkswagen for nations cheating it's the first such suit in german history only made possible by new legislation the plaintiffs say v.w. deliberately cheated by using software that artificially reduced emissions tests we dealt class action is common in the u.s. where v.w. has already had to repay the purchase price of diesels to most of its customers.
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germany's unemployment rate fell below five percent in october the lowest level ever recorded by the federal employment agency less than two point two million people were employed here the rock solid labor market is likely to further boost consumer confidence and household spending in europe's biggest economy which has seen domestic demand overtake exports as its main growth driver in recent years but also highlights the country's growing labor shortage. germany holds to the compact with africa summit in berlin this week and the government here pledged a billion year old foreign investment fund to boost business in african countries it's aimed at small and midsize german companies that tend to shy away from africa and have little experience of the risks they are. compact with africa as the g twenty initiative has already attracted a total of two hundred forty three billion euros in pledges it's hoped the investment will curb illegal immigration to europe by creating jobs for young
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africans he's. south africa is one of few countries not at war where adults are more likely to be out of a job than in one joblessness is particularly severe for the country's youth seven out of ten young south africans are without work. paul or mama loko could easily have fallen into a trap of remaining idle. in south africa youth unemployment is that really bit because when i stay in my state in each and every house there's a there's a young person who's sitting home not having a job you know taking that i'd skills to get a job rather than not from a local travels thirty kilometers a day from her home in wasilla township to her m.b. a youth employment platform in inner city johannesburg since its inception in two thousand and nine the organization has offered workplace skills and basic training to over four hundred fifty thousand unemployed south african youth. placing fifty
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five thousand into their first jobs. your computer skills how to write a proper in media your form one to me and then how to present yourself how to talk hold the body language when you in a way place the skills they teach as the program's aim to get any in south african ready for the job market and they link them with prospective employers within south africa's private sector. i tax breaks and body language so find somebody in the room x. yet was turned south africa's unemployment rate is higher than that of the u.s. during the great depression of the one nine hundred thirty s. around he believes addressing this begins with helping south africa's young people we have to connect gen people who are excluded out of the formal economy into work to have six million young people growing that number growing every year who are sitting at home highly highly talented without any opportunities to threat to
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social cohesion it's a stretch to step into a future after weeks of preparation ramel oco is ready she's landed a job interview at automotive supply a tiger will entire for sales and technical advisory position. how soon is this. current be partners with leading companies who think it's become a fundamental matter for any south african business to incorporate youth employment creation opportunities into their call mission we must take that leap of faith to say i believe in you you have potential i would mean to you one guy doing before i provide you with skills to go out it's not that if all goes well pooler in loco could soon be swapping unemployment for a promising new job. the british government has promised an end to austerity budgeting generous tax cuts and
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a cash injection for health care but in the southern english city of portsmouth residents don't expect any benefits after years of spending cuts. some schools in the city have even asked parents to support their running costs and expectations have reached rock bottom here. i thought i thought that. how special they cut all the classrooms assistants and all the classes to pay. to get the doctor is now you can't get. that h.s. is being. destroyed. takes you know just to fix one down there's no money one thing you stable in london finance minister philip hammond announced a budget that includes two billion pounds extra for mental health services more than twenty eight billion pounds will go into new roads over the next five years
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but it all falls flat in portsmouth. how have i not been on this planet fifty five yes and i haven't seen anything. like all right whatever how would you or your doorstep who's going to do with something or she's going to do something demanding the string is never better off. fifty eight percent of portsmouth's voters voted for breaks it and the government says the new budget depends on the outcome of the brakes at negotiations with brussels in the event in a no deal it says it would return to austerity all over again. iranians earning average wages can afford little nowadays the value of the iranian currency the rio has crumbled food imports medication and electronics are now out of reach for most u.s. sanctions to frighten foreign investors german companies that recently return to iran are already pulling out again the trump administration threatens to penalize them otherwise. that's left.
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looking for a job once again. her employer germany's siemens is leaving. currently the economic situation is very difficult it's not just affecting foreign companies but iranian ones as well i've been writing job applications since i was told i was going to lose my job but i haven't had a single reply yet. so every day has been working in siemens human resources department for three years before that she worked for a norwegian company but that company also pulled out of iran because of u.s. sanctions so every day is says she's reliving a bad experience she does the shopping in the evening but now she has to consider if she can afford even the most basic foods like milk shops owners know used to customers scrutinizing prices. i don't they were told the
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prices have risen so high i know that my customers often pick up a product only to immediately put it down again after seeing the price you know they really only buy the necessities when we. back home she watches the news the future of her country depends on international politics especially on decisions made in the united states but we are normal people pay a high price we're losing our jobs and can't afford to pay the rent anymore the nuclear nonproliferation deal was signed in now one of its signatories is pulling out i still hope there holds up and we can once again look to the future and they should. separate ai has little faith in the european union's plan to develop a trading platform with iran too many companies have already pulled out of the country leaving behind many people like her. whose livelihoods and those of their families hang in the balance.
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