tv Business Deutsche Welle December 11, 2019 5:45pm-6:01pm CET
5:45 pm
a 1st stepping stone to overhaul saudi arabia's oil reliant economy. this is business. as welcome. beard cory's in india all sweatshops in bangladesh everywhere across asia workers' rights environmental protection and children's health is being disregarded by global companies that the source their products in the region the german government asked 3000 textile retailers and producers to voluntarily clean up their supply chains in suggested a self police licensing option with an official certification that companies can apply for the scheme was called green button and only less than $100.00 companies were willing to sign up for it they would have to fulfill a total of $46.00 criteria to do with environmental protection and workers' rights applying alongside the entire supply chain certified companies would have to prove that their products made by child labor that they pay
5:46 pm
a minimum wage and implement safety rules but as already mentioned this is a voluntary set of occasion that only applies to the textile industry lukewarm response prompted human rights organizations and trade unions to call for a lot to cover the supply chains of all german companies for lynn is now looking into legislation legislation requiring companies to prove they have been no human rights abuses or environmental infractions at any point in the supply chain companies breaking the law would be fined but many a semi is not at all happy about the additional red tape. factory fire in delhi this weekend left 43 people dead and many engines the fashion industry is becoming increasingly associated with such incidents safety standards and regularly ignored and buildings are often riddled with fire hazards 120000000 people worldwide work in the textile sector mostly in asia and. and many children it's
5:47 pm
common to work 12 hour shifts 6 days a week for a pittance but that could soon end a new bill may require german companies to force suppliers to comply with minimum social and ecological standards bush and its lunatics to avert style workers in ethiopia earn around $25.00 a month just $25.00 in bangladesh they earn $89.00 site. that shows that without our knowing the clothes we wear are often being produced under exploitative conditions regardless of what it says on the label. the government says german employers must use their market power to force supplies to make improvements germany is the 2nd largest importer of textiles worldwide but small and mid-sized companies say they'd be overwhelmed by such a law their products often comprise many different parts produced by different
5:48 pm
suppliers it's hard to trace if they're up holding standards or not the businesses say it will entail a lot more bureaucracy they say implementation would be impossible and it went prevent tragedies like that in delhi from reoccurring. as go to 0 every time than a journalist and documentary filmmaker was worked on the subject and joins us now from delhi what are the biggest human rights problems for workers there right now. so all major problems of course include but are not limited to as the triple also mentioned low wages and exploiting it is working hours now a lot of the leaders in the supply chain in this she are subject to extremely fulton conditions but also extremely poor residential conditions because a large amount of them on migrant workers and because they are still poorly in the den depend on their business owners to provide them with residence spaces which are
5:49 pm
unhygienic and subject to varying levels of air and water from the ocean now in south east shale and we do not have the largest number of chinese evil in supply chain in the supply chain industry but it continues to do neither cause a worry however the wast of the lot for particularly in india is the fenian of the female workers in these in this industry though not only are the legal speed but they're also subject to a volley of sexual abuse as we have seen so multiple deployed by the units the hours by outside so i mean is the government the indian government doing enough to protect its children and workers. so earlier this the old government of india actually published a national action plan of the n.e.p. on business and human rights which was welcomed by the private sector and the business law it was seen as a huge step that the government was seeking to ensure better lights for its workers
5:50 pm
however there's been a huge gap between what was said on people and the implementation they're also given several reports by n.g.o.s in india talking about legal laws including these laws i've you'll eat for do believe me it's the workers bedell do or do we end up often meeting business or noise unless compliant to the government in fact the side gave us will not issue once again where workers have said very often the government actually complies with business welcome business owners and lets them off without severe punishment even when they are down doing these laws when fires break out and so that is sort of the debate that has really taken the country over the last weeks in this situation. if you can that our human rights compliance requirements even very 50 by companies thousands of kilometers away. so all our you
5:51 pm
know because the government of germany is now putting more pressure on its own companies companies then can put that pressure back on local bottlers in india there are several monitoring and evaluation n.g.o.s and companies that can get involved in helping german companies evaluate what is going on with their partners but what don't speaking of what these human rights violations are these reports have been on the ground for several years the big gap here is really what do these companies do when they find out that their local business partners in the supply chains are not complying with stockings lose injecting lucian's and that's where we've seen that the buck really stops there so for example it's fast fashion even though there have been several defaults of haole partners on fly our nanny much multinationals do. this and this is what launched their local partners to
5:52 pm
not however they don't stop working with these dump unease when it is found that who led by reasons i'm thinking faced so perhaps that is what the companies will follow him to not that this new law is in place. thank you very much for this analysis for saudi arabia state oil company aramco has officially begun trading on his domestic stock market it's already the most valuable valuable publicly listed company in the world however that's not enough for the kingdom which remains determined for saudi aramco to top the 2 trillion mark and things have gone well so far on the 1st day of trading. this is what it looks like to launch the world's most valuable company on the stock exchange for the 1st time. saudi aramco pride and joy of the saudi arabian royal family and kingdom has gone public it made its
5:53 pm
long awaited market dead view in riyadh on wednesday to much fanfare. and early pre-training the shares hit $9.39 each that's a 10 percent jump from the starting price enough to hit the regulatory cap on daily increases or decreases for the stock. that pushes the company's value up to $1.00 trillion dollars the kingdom wants a 2 trillion dollar valuation since the sale of $25600000000.00 worth of shares last week it has been encouraging all and sundry in saudi arabia to buy up as much stock as possible to the. menu on with that. today the kingdom of saudi arabia is no longer the only shareholder of the company. more than $5000000.00 shareholders have joined including citizens and residents in this kingdom and so they're seeing c.c. countries in addition to saudi regional and international investment institutions
5:54 pm
this is a day everyone in saudi aramco and in the kingdom can be immensely proud of. while today is one of glitz and glamor for the country the listing of iran is a reflection of the kingdom's need to diversify its economy away from oil dependence nonetheless the company may well hit its desired 2 trillion dollar target in the days ahead. travel is responsible for ron's 2.5 percent of global 02 emissions and yet despite the climate change more and more people are traveling by plane the numbers have risen steeply over the last few years particularly in asia. the rise in air travel is good news for the leading and craft manufacturers their bus has plenty of orders to fill in the next 2 decades european air travel is expected to double. many large and airports are being built
5:55 pm
across asia including beijing's dashing and port once completed it will boast 4 runways. last year the asia pacific region has the largest share of international air traffic with almost 34 percent followed by europe with 26 percent and north america with just under 23 percent. africa lagged far behind with just 2 percent. but the sector is likely to grow rapidly in some african countries this year uganda reno won't state carry out uganda airlines after it was grounded for 17 years other countries like rwanda have high hopes for then national carriers but most of them are myatt in heavy debt and fares it too high for many consumers on the route networks unlimited and complicated last year nearly 30 percent of seats on african flights were empty and the world's 1st fully electric
5:56 pm
commercial aircraft ass completed its 1st test flight the plane took off from the canadian city of vancouver for around 15 minutes 6 passengers the plane was originally built in the 1950s but retrofitted with an electric motor and design designed by an australian gump. we have a comedian ally those behind this 1st electric slide say it could be the dawning of the age of electric if yes. that's it for me and the business. thank you very much for watching it.
5:58 pm
5:59 pm
world starting. point in politics business religious claim to be a people of the islamic revolution under a kind of tough that. opens up making its initial flirtation with those obstructions states of emergency or it sinks into chaos margaret thatcher remarks in cabbage them to work and they will was at the start of neoliberalism. the 2nd display hence the play friend steve moore the. law clerk suspended the play for starters an era that defines overmanaged to play 1970 the big fugitive trade strikes december 23rd w played. the
6:00 pm
but . this is it really was life for her when she captured the attention of the world by taking aim at climate an action now granted to burke has been named time magazine's person of the year the teenage climate activist tells political leaders in madrid that their talks aren't doing anything to combat what she says is a climate emergency also coming up one sails as a human rights icon now defending her country's armed forces against charges of genocide memoirs uncensored she takes the stand at.
30 Views
Uploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=1260038293)