tv Business Deutsche Welle June 12, 2019 4:45pm-5:01pm CEST
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also coming up if you can't beat them it's them in the netherlands brings the bugs in as an alternative and environmentally friendly feat what animals. have to do business i want to get jones of the good to have you with us. how we treat our children is a reflection of our societies and values this is part of a statement released for well today against child labor in which the international labor organization is urging governments workers and employers to make a final push to end child labor the has been working for the abolition of child labor since it was founded 100 years ago much has been achieved but it's still common in many parts of the developing world and a moment we go live to our correspondent in india but 1st this report shift kumar is 9 years old and works with his older sister in the coal mines of geria both begin every day at dawn it's not only exhausting it's also dangerous she of
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kumar has been seriously injured at work before. i don't have a choice. i have to do this work my parents are illiterate. they worked as laborers all their lives they don't know anything else. so i try to help them by earning some money. in many countries millions of children still suffer they often work up to 12 hours a day and receive far less than adults. the international labor organization estimates the number of working children that more than 150000000 most live in africa and the asia pacific region about 11000000 in the americas and over 5000000 in europe and central asia. child labor is decreasing thanks to legislation and growing awareness but the problem persists many of these children are doing
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repetitive or dangerous jobs so the io is again drawing attention to the issue urging policymakers to move faster to rescue the world's kids who have been robbed of their childhood. for more let's bring in deed obviously a funny guy who joins us now in new delhi sunny good to have you with us and our report we just heard a child say it has to work to support its illiterate family it seems that child labor is something that's taken for granted in india is it. hi monica well it's true that you know mindset stewards child labor are problematic in india you know many people here are considered it almost as a necessary evil because many believe that you can pretty bad it given the kind of high levels of poverty and inequality in many parts of the country and it's also you know some people seem to have no problem they see they don't seem to find anything wrong with employing children to give you one example you know in many
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indian cities in aapl middle class families it's not unusual to see very young under age goes you know working as babysitters of coke's all or servants changing those mindsets is not easy now is this a problem that is mostly visible in rural areas so you just mentioned cities so is it widespread is all over. when men want to go by all accounts the problem is unfortunately widespread both across rural and urban india but activists here say that much of child labor in india is really a way from the skilled economy really in informal sectors you know like agriculture small factories producing you know clothing in brick kilns and you're of course you know the children are not subject to government inspections they're not subject to legal protections of minimum age requirements a lot of that is under the table another problem is of course migration you know in recent decades we've seen many families migrate from group in india with their
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children to the big cities and so you have a proliferation of young children you know doing domestic work in restaurants you see them in the stalls and family owned businesses working as domestic open of course the challenge is you know the shift of these kind of informal home based sectors makes it even more difficult to really detect try label now who is not random already has pledged that he would boost grows creating jobs and also boost education what exactly is the government doing about that child labor. well actually the indian government has several you know quite progressive laws in place banning child neighbor and really encouraging education in the country for example there was a law passed in 2009 that requires all children between the ages of 6 and 14 to to attend school there's also a child labor act in india which allows states to really crack down on this problem but you know activists say the focus of the government has really been on kind of
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rescuing rehab imitation of children from factories and sweatshops so far but not enough emphasis has been put really on prevention and really tackling you know the root causes of poverty that drive children to work in the 1st place my son your family their reporting for us from new delhi thank you so much. and now to some of the other business stories making the news around the world. american equity investor k.k. our once a slice of germany should bring a publishing group it's one of the country's largest media companies it owns a variety of newspapers magazines and a t.v. channel the company faces stiff competition from online services and says it welcomes k k r s b to take over almost half of the company. turkey central bank keeps its interest rates on hold the decision to maintain the benchmark rate at 24 percent was in line with market expectations analysts had want to that's despite a shop slump in economic growth a cut would be premature and could trigger
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a fresh currency slide. british american tobacco the world's 2nd largest tobacco company is expecting sales of vaporing and east cigarette products to accelerate this year a producer of lucky strike and dunhill an ounce it will reduce the number of secret brands and instead focus on dating and easy grids including their glow and 5 lines company management says it's expects of revenue to grow by around 30 to 50 percent this year. all right let's bring in our financial market correspondent in frankfurt only in large parts of europe smoking is prohibited in buildings like offices restaurants and so forth how big a business is they paying an easy grits than going to be. well it's growing that's for sure while the conventional cigarettes are on their way down british american tobacco presented figures that were respectively showing out but the investors
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aren't convinced that you're going to see that kind of growth with babying with the cigarettes share in london and the london stock market is going down by 5 percent in fact when you look around who's vaporing they're not all that many people i took a short poll here i found 2 smokers who were willing to speak they're not all that many left here in frankfurt one said yes yes yes it is cigarettes at home but would never smoke it and he says this colleague is convinced he only does that but it's a trend that's hard to turn around thing and in the short term well he on a personal note you glad everyone has to go outside now just because i believe it used to be quite different where you are it used to be quite different i don't know if you would have seen me on some days you know with this distance between the camera and me there was so much smoke and i admit i contributed to it i was
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a real chain smoker and so i was glad when i was allowed in the day and now that i no longer small come out it's not allowed. practically everybody smoked here and because it's a stressful business especially for the traders down there there was one after the other the air was biting one was glad to get outside into the fresh air even as a smoker in those days well i'm 70 if you can get a t. a view of you now. in frankfurt thank you so much. insects can be a huge nuisance especially for farmers who needs to protect their crops but at a major new facility in the netherlands insects are the crop the owners breed insects use them as an alternative protein for animal feed the aim is to reduce or even replace common but environmentally harmful fodder like soybeans off ishmael to the squeamish it's really disgusting but dr king will have alexander seen here in the middle was only too pleased to get stuck in at this major new insect farm place
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to the belgian border projects this facility is thought to be one of the biggest in the world dedicated to producing bugs for animal feed. fish chicken lay your hands they all eat insects and a new technology that we bring to market and the new product that we bring to market is entirely new to the world some call it the alternative protein we call it actually the original protein because nature actually have defined it already the 45000000 euro facility produces the protein from the larvae of the black soldier flight known for its rapid growth they're raised on a diet of plant feed and artificial light during harvest season the larvae is washed and ground down into a paste ready for sale as pet food or even fertilizer that's because in europe at least the protein can't be given to anything that's a live venture on anyone's plate e.u. law prevents proteins from animals being fed to other animals destined for human consumption
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a hangover from mad cow disease protects says that's outdated and in the long run their product is a boon for the environment. we say fish from the sea because we can replace fish meal or we could glaze learned use. that was other by being used for storage production so all of biodiversity level we have impacts and on a resource level we have impact so that's why pro takes remains committed to its goal of creeping its way into the human food chain. china has reported its worst ever monthly sales strop in what is the world's largest vehicle market cost sales fell at $16.00 and a half percent in a year on year that marks the 11th consecutive months of decline and fuels concerns over the country's economic slowdown and growing impact of an ongoing trade war with the united states beijing says uncertainty amongst buyers and manufacturers over new emissions regulations combined with a decline in purchasing power to cross the track. well some of you may have bought
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toothpaste online before from a site like e bay or ali baba but a chinese toothpaste manufacturer has now listed its entire operation for auction on. our auction site the company has been listed at a starting price of $163000001.00 that's around $21000000.00 euros using the slogan safety on t.v. while taking a photo 10 years ago the company's herbal toothpaste was one of china's most popular brands at its peak the company sold 260000000 units a year with annual turnover of more than 89000000 euros. we just say cheese that's business asia for me in the team member thanks for watching.
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here's one from a tense standoff on the streets of hong kong as darkness falls police fired tear gas at protesters many of charges accuse them of writing the demonstrates a site defending the territories freedom in an unjust law also on the program. russia arrests 400 supporters of the investigative journalist evangelists not he
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