Skip to main content

tv   Business  Deutsche Welle  April 19, 2019 10:30am-10:46am CEST

10:30 am
architects. scientists. and artists. invented completely new things and toppled the ancient giants who had originally been its teachers even. counter-cultural out of the darkest milliliters into a new. sort of people twenty second on d. w. . ukraine is going into the final round of its presidential election and it looks like the comedian volodymyr zelinsky is going to win by a landslide does he have a viable economic agenda. i'm sleeping near the office all young
10:31 am
professionals in manila dealing with iran's commute. this is your business. and welcome as ukraine prepares for the final round of its presidential elections on sunday the court has ruled that the nationalize the nation of ukraine's biggest land up the vote bank was illegal the ruling has sent shock waves through the country's financial sector the fresh ruling is huge as a setback for incumbent president petro poroshenko in this weekend's presidential race. every third ukrainian has a bank account here it's the country's biggest lender the news that it might be returned to private ownership as unsettled the bank's customers. before the bank was nationalized in twenty sixteen it had piled up almost six billion dollars in debt the government bailed the bank out and nationalized it blaming fraudulent lending practices and money laundering by co-founder igor kohler moyse key and
10:32 am
other bank owners. as the country goes to the polls president poroshenko has ramped up a scare campaign with the bank at its center. one of the holes in the plan of one of the oligarchy is to get the bank back in case i lose the election as you can see they can't wait and they have already started realizing this scheme scam is a threat to tens of millions of clients who could lose their money it risks default in a new economic crisis for the entire country. he was a political ally of president poroshenko until a falling out in two thousand and fifteen which resulted in poroshenko dismissing him from the position of the governor of an eastern ukrainian province. just a year later the ukrainian government launched fraud accusations and nationalized but if the bank. of court ruled on thursday that the nationalization was illegal ukraine central bank said it will appeal the decision. let's go straight to our
10:33 am
correspondent nick connelly who is in ukraine of course covering these elections make. he's one of the one of biggest supporters of the t.v. active a lot of zelinsky the challenger in this elections and it looks like he's going to win by a landslide is this damaging him bow. in a word no ukrainians are very used to what could only politely be termed as conflicts of interest or corrupt connections this is a country after all that comes in one hundred twentieth place in the transparency international corruption perceptions index only russia does worse in europe so there is an extraordinary amount of receiving nation in terms of these kind of connections we've even had revelations in recent weeks that selenski traveled more than ten times to visit. who is currently living outside the country over the past
10:34 am
year and a half. it was also the channels of belonging to him that made. household names by running his shows in prime time slots so there definitely is a whole host of questions that he hasn't yet and this decision is now being seen as a kind of act of politics by the legal system who have looked at the poll ratings that way ahead and are trying to get on the right side of history. this t.v. comedian in the polls very popular does he have a viable economic agenda. well he's made lots of liberal sounding noises he's brought in a former finance minister his team of finance minister who then walks out of the. government he talks about fighting corruption stripping members of parliament their . freedom from prosecution of their immunity of modernizing ukraine's government
10:35 am
bringing in more digitalisation but he has been pretty short on the detail of how he's going to do that and there is some worry that this is window dressing ahead of the election and that as soon as he's in the presidential palace that could be forgotten the incumbent. he's been president for five five years he has degree in economics what's his economic. his critics would say that he allowed reform to happen where it didn't endangered the interests of important backers of his of the big vested interests and monopolies so you've seen some positive developments there in terms of allowing freelancers to basically legalize their income is a big deal in this country lots of people working from home for international clients they had a tough time paying tax legally before that is changed he returns lots of boring dry detail that actually makes a whole lot of difference but in terms of fighting corruption and challenging people in control they've been pretty precious little in the way of course
10:36 am
corruption. charges and people actually going to prison so little progress on the really important stuff mcconnell in ukraine the thank you very much for this says. the ukraine elections corruption and lower standards of living are the defining issues not just mention that five years after the annexation of crimea peninsula by russia real incomes are still lower than they were before the war millions of ukrainians are voting with their feet looking for work in the neighboring e.u. one industry that's bucking that trend is i t though posting double digit growth rates and allowing younger ukrainians to european wages while staying at home. it's not hard to understand why millions of tourists make their way to live in western ukraine every year in spires in cobbled streets a less than an hour's drive from the polish border a low cost flights connect the city to distillations across the u.
10:37 am
but tourism which is long dominated the city's economy is now getting a run for its money from an unlikely competitor i t. v is home to more than three hundred eighty companies and most of their work comes from abroad one of them is in i.x. based in this soviet era factory complex. but instead of the television sets that were once made here and i.x. develops everything from accounting software to simulators for american for talent . so you share that you know this solution allows quarterbacks to practice on their own away from the football field this simulator also reduces the number of the injuries. what began as a startup with just three people now employs almost one thousand programmers and support staff. founder and c.e.o. and republic credits worldwide growth in the demand for outsourced id services is
10:38 am
being the main driver of his company's success but ukraine's twenty fourteen association agreement with the e.u. has helped the country's reputation it would give you know the level of trust towards ukraine has increased before many international companies wouldn't consider working with us but now they are much more open on to doing business with us he association agreement is a signal that the country is moving in the right direction but of course but what is it the ukraine brings to the table in i.t. that its competitors in other parts of the world called match specific all creeds of what's unique about ukrainians is that we are always living through a crisis constantly having to solve problems just to survive our in. genius brains are used to problem solving that affects how they work for the better. player why even put too many of and i exist programmers have returned to ukraine after working and studying in europe in america. back in ukraine they can still make comparable
10:39 am
money working for international clients while enjoying a far lower cost of living and taxes a reverse brain drain the rest of the country can only dream of as millions of ukrainians leave the country every year in search of a better life. it's a trendy beef city government is keen to encourage from teaching coding in schools to providing free land to build housing for the city's growing population of programs. the head of the city's dedicated i.t. office is bullish about leeds prospects. this year getting into that space and people are moving to the view from all over the country because it's a great place to live we have great coffee culture and competitive wages that's really important i.t. specialist can earn as much here as they would in warsaw or severe sorry. but this is not about charity the city calculates that each well paid i.t. job brings another three or four support jobs would. come with that hope that in
10:40 am
years to come even ukraine could bring more of its citizens home with the growing number of opportunities to make a decent living. may come. if you commute to work for hours every week on crowded trains and jam packed motorways you've probably asked why am i putting myself through this why not live near work while for many that is not an option you just read so many big cities for many young professionals in the philippines dormitories become a viable option. this is a tale of everyday madness anyone who wants to get from a to b. by bus in manila needs nerves of steel traffic is complete chaos it's quicker to go by foot but then there's the risk of suffocation many people work in the financial districts of pani fartsy o. and mccarthy most of them commuters. get to know spend almost as much time on the road to work as they do in the office the daily commute averages about sixty six
10:41 am
minutes but can stretch up to two hours because of crumbling road infrastructure and a poor public transportation system now coalescing spaces called dharma tales or a cross between college dorms and hotels are cropping up across the metropolis offering a way to shorten the commute to work. there's not much by way of privity and it's not cheap either about it costs around one hundred fifty dollars a month even young people starting out on the career ladder earning around six hundred dollars a month have to rentier people like zero zero zero s. the bank worker shares a room with three other women but now she's only ten minutes away from work she used to have to get up much earlier. birthday am i with a carpet that i'm prepared and then i should be able to leave the house before six am that took me two hours since five minutes to two hours and forty five minutes
10:42 am
so that took up a lot of time a lot of precious sleeping bag and rest so if i may do that would be almost six hours it takes proper rest to build up a fledgling career which means more and more of these stormy tells a springing up there are now around ten thousand sleeping quarters in manila's financial district. and that's it for me of the business day here and then for more business news and background stories check out our website which is of course on d w dot com slash business now stay tuned to the w. roll in merrill is next he has all your culture for you thank you very much for watching first here's a quick look a club a book for. so for.
10:43 am
earth a home worth saving googling to yes tell stories of creative people and innovative projects around the world ideas to protect the climate and boost green energy solutions by global ideas seem by a new series of global three thousand on d w and online. only order
10:44 am
is history the world is reorganizing itself and the media's role is to keep shifting cowards the topic in focus at the global media forum twenty nineteen the laboratory for the digital age. who are we following do we trust debate and shape the future at the doj of l.a. global media form twenty nine t. the place made for mines. welcomed johnson culture and today a lot of contrasts a look at how not cathedral can rise again and another house of worship where music is shaking the foundation. it's. we made it past in finland who's not letting any of his congregation snooze metal mass the decibel count is high.
10:45 am
and also in contrast the quiet realism of lot of. home display here in the. after monday's terrible blaze in paris there's talk of a temporary wooden being a wreck today on the square in front of not. to accommodate the faithful that is one of the latest measures proposed while first the clear up and then the restoration on the way now this is not the first time that the historic gem has fallen victim to flame so let's see how it is possible architectural masterpieces to rise again like a phoenix from the ashes. almost lost to monday's fire cathedral still stands proudly over the river sand and with billionaires such as the owners of. the outpouring and money to.

26 Views

info Stream Only

Uploaded by TV Archive on