tv Business Deutsche Welle April 26, 2019 7:15pm-7:31pm CEST
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march thank you and coming up next in business news africa many african migrants looking for work in the middle east get trapped into a system of bonded labor a practice that borders on slavery. should know it to allow we'll have that story for you coming right up and also going to talk to young. people for you on facebook and twitter to date and in touch. carefully. don't move to soon be sure. to go.
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to school to. subscribe to a documentary to. play. borrowing to built what countries signing up to china's belt and road initiatives are doing but are they facing a future of unsustainable debt meanwhile kenya has one and additional two billion dollars in loans now what price. also on the show look at libor in lebanon not a complaint against sponsorship system for foreign workers there. and the politics trade means contentious and some don't. as does the economic climate
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soaring prices force people. welcome to be. good to have you with us leaders from around the world have gathered in beijing to discuss china's belt and road initiative a massive global infrastructure project involving more than one hundred nations chinese president xi jinping is hoping to soothe concerns that his country is pushing unsustainable debt onto participating nations containing instead that rebuilding the old fits all involved but critics who are in the construction costs because ballooning debt that will damage economies and increase chinese power on the world stage. and staying with the issue of chinese foreign investment kenya has just secured a two point two billion dollars loan from beijing to build a data center and a highway in nairobi the funds are being offered at low interest rates and will see
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chinese firms partnering up with private kenyan companies controversial tech giant wall wave will be involved in the project now joining us now to discuss this further is georgia rena beer our correspondent in nairobi we should be seeing her in just a moment joy are you there there you are good to see you yes. so announcements of chinese loans joy are often followed by worries over a deepening debt tropp in the borrowing countries are we seeing similar criticism in kenya today. yes definitely there is criticism in kenya but despite this criticism the president of kenya i mean teams that as long as it is not being used in recurrent expenditure and he's not a word man he says that this in the long term will benefit kenya's economy because it's closing the infrastructure gap with the roads the railway as well as
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the ports and some of the electricity connection projects that are ongoing in the country today but what about while always involvement in the sport city is the prospect of increase or violence take from the company raising any cyber security concerns it has raised security concerns cyber security concerns particularly because well way has been you know as cues to all of a you know surveillance or these dangers of aliens abuse of the technology and while kenya is increasing you know infrastructure projects or increased infrastructure projects in the country the worry is that huawei will have access to all these details and and says they have been using the back doors to us is more than what they say they are trying to do this is a major concern for the i.c.t. experts who are actually saying that this information that they're going to be
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collecting through this stablish land and set of of the national data center it could be abused as well just leg it has been or at least has been reported in the united states so that is a major fear for most of the experts here. there are in nairobi there for us. the middle east is a leading destination for foreign labor from africa and asia but especially domestic workers get trapped in a system demanding employer sponsorship in exchange for legal residency requirement leave workers at the mercy of employers and according to amnesty international at increased risk for abuse it's called for an end to these rules. the cuff failure system essentially binds migrant workers to their employer from the moment they enter the country it grants employers wide ranging powers facilitates forced labor and leaves workers vulnerable to abuse and exploitation if you at that meeting in
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lebannon there are more than two hundred fifty thousand foreign workers coming from asian and african countries to work in homes loaded and believe these workers are exempt from the normal labor laws because they're subject to the cut filesystem his you know it's no use on a coffee amnesty international says the lebanese authorities make little effort to bring abusive employers to account workers can be arrested and deported if their employer reports them as having absconded from their job even if they're fleeing abuse passport confiscation is common practice making it even more difficult for migrant workers to escape exploitative labor conditions that i mean they've got to be here they treat us like slaves first of all with the car filesystem the employer can control us in whichever way they want some of the others because our employer can send us away whenever he wants i don't have the right to refuse i have to do whatever she wants. kids should be done the way that drama in. ethiopia has banned
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its citizens from domestic work in lebannon but still they find ways to come to me it was that there are hundreds of workers in houses being imprisoned and not getting their rights not even their days off just they don't even pay their salary they make them work into has is that a lot of women entering lebannon as domestic workers are the most at risk under the car fare less system suicide rates among them are high and many die in failed escape attempts. it was a sudden increase in the cost of bread that sparked the protests rocking saddam since december and led to the downfall of dictator omar al bashir but as the civilian protesters grapple with the military for the future of the country tough economic conditions continue to be a fact of life for the sudanese. preparing for her next class she's an english professor at a khartoum university. it's
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a prestigious job but not in terms of the money it hardly brings in anything i have to work extra to survive each month. i think that it's a. hernia about fifty euros a month she struggles to get by and when she tries to withdraw cash the queue for the teller machines often stretches down the street. i can see it's like this every day we have to wait in line just to withdraw a bit of money it's become a sudanese habits. for those who reach the end of the line the troubles may not be over the a.t.m. is often break down or run out of cash. it is late for the course she's teaching so she has to leave the line before arriving at the university she passes by her local bakery for some bread a sudanese staple. like bread has become
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so expensive i used to get a low for one cent now it's double bass even things the poorest count on have become expensive so they're protesting because there's no other choice. than the head of. the owner says that doesn't mean he's making money. there are many reasons for the rise in the price of bread especially the flowers and subsidised by the government if it still was it would be cheaper and the east now costs nearly as much as the flour. so if you're one of the the inflation rate has been devastating in this country where it's estimated half the population lives below the poverty line. now to some of the other business stories making headlines around the world algeria's top strawberry growing region has just opened its annual fare devoted entirely to the seasonal fruit strawberries are vital for as usual and local farmers produce fourteen different varieties besides sales the pastry competition
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is also a popular attraction at the festival. a pilot strike at scandinavian airlines s.a.'s has stranded tens of thousands of passengers the carrier counselled more than six hundred seventy flights today affecting around seventy two thousand people say its pilots walked out after pay and contract talks collapsed thousands more passengers are expected to be hit by further cancellations over the weekend. german automaker dein learn has said it has no idea where kim jong un obtained the dialer branded armored limousines the north korean leader uses that international summits north korea has been hit by economic sanctions because of its nuclear program insists it has no business dealings with the north. and the dutch are out of net that's after the e.u. badgett using electric pulses as
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a method of fishing it involves using an electric poles to startle fish off the seabed to be scooped up in special nets but most strollers are poles fishers that now have to return to traditional methods using more nets are now needed producers are struggling to meet demand it can take one hundred forty working hours to make just one. and before we let you go some news out of germany a german chemical giant buyer is facing its shareholders out of the group's will meeting today and so far it's been a turbulent encounter buyer share price has been cut nearly in half all owing the takeover of the u.s. agricultural group when santonio its highly controversial weed killer roundup has put buyer in the crosshairs of environmentalist's lawyers and all shareholders. the atmosphere was talks even before the shareholder meeting began environmentalist's were right to protest against buyers policy but many small shareholders also came
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along to let the board know what they think. you should have to say i'm a bit shaken by this when you buy shares in a company that i know the risks i have my doubts whether mr bollen can do us. to do something like that he's in comprehensible buyer's chief executive in about a month who spearheaded the purchase of us biotech firm monsanto last year was defiant defending the takeover as the right move however the company currently faces thousands of lawsuits in the u.s. over possible cancer risks. there's no way to gloss this over the lawsuits and the initial verdicts on life a safe have weighed heavily on our company and there unsettling many people the four winds of freedom and. they're also unsettled by a number of studies the world health organization says and one that glyphosate is a potential concert risk while other scientists concludes that guy for sage is not
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carcinogenic one thing is certain the destruction of buyer's market cap since the monsanto acquisition as its stock price collapses there's deep mistrust of the company both inside and outside of the pond missing. right now the value of what was once germany's most valuable listed chemical company is only around fifty seven billion euros which is pretty much exactly what buyer paid for month on tow and that's it for me and the business team here in berlin for more business news and features check out d.w. dot com slash business or follow us on facebook and on twitter believe it all with his quick check on full bull markets thank you so much for watching.
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so mr sing along to you judas the combo to you from super. interactive exercises. like everything is online and interactive the enjoyment of free with d w. this is deja news africa coming up in the next fifteen minutes south africa commemorates twenty five years since the country's first democratic election on saturday but a quarter of a century on why is that black struggle with the idea of co-existing and those who aren't black or white say they've been excluded as the country tries to redress the past. we do like to be british were the words we were directed to white who. go to the market to overthrow the you know what is the real.
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