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tv   Business  Deutsche Welle  April 20, 2019 1:30am-1:46am CEST

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going to be invented completely new things and topple the ancient giants who had originally been its teachers even the. cultural out of the darkest elite jews into an. article twenty second. w. . ukraine is going into the final round of its presidential election many of craniums are still struggling to make ends meet but we'll show you one of the few economic sectors that keeps people from looking abroad for better opportunities also coming to the united states is piling the pressure on cuba as it struggles to cope with problems relating to allies venezuela and sleeping near the office all young professionals in the uk are dealing with high rents and long term.
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good to have you with us ukrainians go to the polls on sunday in the final round of the country's presidential election corruption and long low living standards are among the defining issues now as real incomes fell in recent years millions of people voted with their feet looking for work in the european union one industry that's bucking that trend is i t allowing young ukrainians to earn european wages while staying at home. it's not hard to understand why millions of tourists make their way to libya and western ukraine every year expires in kabul streets a less than an hour's drive from the polish border and low cost flights connect the city to distillations across the year but tourism which is long dominated the city's economy is now getting a run for its money from an unlikely competitor i-t. . leaf is home to more than three hundred eighty companies and most of their work
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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 . to share but 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 the public credits worldwide growth in the demand for outsourced i.t. services is 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
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working with us but now they are much more open to doing business with us he association agreement is a signal that the country is moving in the right direction. but what is it the ukraine brings to the table in i t these competitors in other parts of the world god 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. engineers brains are used to problem solving that affects how they work for the better. 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 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
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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 program. the head of the city's dedicated i.t. office is bullish about leeds prospects. to see who could even do that there's a 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 more source of solitude says he. but this is not about charity the city calculates that each well paid i.t. job brings another three or four support jobs with. and with that hope that in years to come even ukraine could bring more of its citizens home with a growing number of opportunities to make a decent living. also in ukraine a court has ruled that the nationalization of the country's biggest lender
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a private private bank was illegal the financial institution was nationalized and twenty sixteen after the government discovered a capital shortfall of more than five billion dollars the ruling is used as a setback for incumbent president petro poroshenko in this weekend's presidential race the banks for more of the gardener is seen as a hoarder of his challenger t.v. comedian. and now to some of the other global business stories making the news. india low cost carrier spice jet says it will prioritize hiring more employees of foundering rival jet airways just managing director said the company had already taken on more than five hundred jet airways pilots cabin crew and technical staff jet airways grounded all its planes this week indefinitely after failing to secure urgently needed funds the international monetary fund is grinding mozambique a one hundred eighteen million dollars credit facility it's to help the country
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rebuild after cycling killed hundreds of people and flattened whole video last month the worst cycle in decades last the eastern indian ocean coast the world bank says affected countries will need over two billion dollars to recover south africa's government has been forced to bring forward its bailout of state power company eskom to avoid default over three hundred fifty million dollars into the struggling utility and could provide more soon as supplies more than ninety percent of south africa's electricity needs. now after two decades of relative economic stability shortages of food and medicine have once again become a serious daily problem for millions of cubans one reason for cuba's worries the crisis in venezuela which is a long time ally and the united states is piling on pressure as well it's just after eight in the morning. still has lined up behind some one hundred
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others hoping for the chance to buy some frozen chicken legs. she has to wait a full two hours but at last she comes away with two kilos of chicken but ten everything's sold out she just made it. well if my hips are giving i have a bad back neck and i'm worn out at a time still in good health and i walk all around i don't stay sitting here. and. since cuban ally venezuela's economy fell into crisis scarcity has become an everyday norm in cuba as well. with the situation in venezuela getting worse it affects us of course we are countries that help each other and they are the ones who have the resources and other things. right. now the trumpet ministration is working even harder to push cuba towards its own economic
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crisis on wednesday washington announced further measures against the island state and its allies including a cap on the amount of money families in the u.s. can send relatives in cuba. and the sanctions will have an impact at a particularly delicate time for the country's external finances it immediately my theory this is a factor which has a higher probability of worsening the economic situation in the coming months the president was butting through despite this scenario in my opinion i don't think we are returning to the worst times like we had in the early one nine hundred ninety s. . those were the days of the almost total embargoed today though cuba does business with dozens of nations hosts nearly five million tourists a year and cubans can travel freely. now why put yourself through hours of commuting every week when you can simply live near work in
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a dormitory it's becoming a viable option for many young professionals in the philippines who don't mind the hostel feel. 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 fat c.e.o. and mccarty most of them commuters. you know spend almost as much time on the road to work as they do in the office the daily commute averages about sixty six minutes but can stretch up to two hours because of crumbling road infrastructure and a poor public transportation system now living spaces called dormy tales are 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 pretty and it's
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not cheap either about costs around one hundred fifty dollars a month even young people starting out on the career ladder earning around six hundred dollars a month after rentier people like zero zero zero s. the bank workers 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. her and then i. leave the house before six am. two hours. so that a lot of. pressure. that would be almost six hours pick takes proper rest to build up a fledgling career which means more and more of these stormy tales are springing up there are no around ten thousand sleeping quarters in manila's financial district.
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and that wraps up this edition of business if you want more go ahead and check out our website at www dot com slash business where you will always of course find the latest on ukraine presidential election for me and the entire team here roland thanks for watching have a great weekend and have east. i'm
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not laughing. well i guess sometimes i am but mostly i'm nothing with the huge of anything stevens the german culture. knew did seem ridiculous gram a day i'll kill you if hold out. no time right show join me for me to get the gulf coast. to the new. channel. the mind of stood. with exclusive.
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the must see concerning parts of europe. should be curious minds. do it yourself networkers the. subscribers don't miss out. on.
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hello and welcome to news from the world of culture today we just have the one topic because this year is the one hundredth anniversary of us. this is the legendary school of architecture and design the styles of the nineteen nineteen and there are so many events taking place here it's very germany a top tourist attraction the lonely planet travel guide has ranked its second in the world as the most recommended travel destination of twenty nine teams. now
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house revolutionized and influence some many things but actually only existed for fourteen years so first of all that summer look at this iconic alt school. with the bauhaus began a new era anesthetic revolution that has endured to this day with its clear and simple lines by house broke with tradition and turned the world of art and design upside down its found a vital p.s. was a visionary who wanted to radically change the way we build work and lives. he founded the school in one thousand nine hundred finite eastern germany but six years later it moved to tessa where brought forth some revolutionary designs. often strict industrial functional. but also sometimes colorful and exuberant.

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