tv Business Deutsche Welle December 17, 2019 6:15pm-6:31pm CET
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you because it is less controlled there are more opportunities for them to to organize things and to to be in control basically i think rick ignition and greater regulation of the sports will will will benefit it and will help to fight off the far right influence these changes could go a long way to ensuring the far right and hooligans don't have a fighting chance to recruit through mixed martial arts. business update africa next i'll be back at the top of the hour i'm going to see. earth. home to movements of species. along words if you can. give me those are big changes and most start with small steps to . tell stories of creative people and innovative projects around the world.
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like music country. news to green solutions and reforestation. community interactive content teaching the next generation doesn't want to talk to church. music channels available to inspire people to take action and more determined to get something human for the next generation. the environment series of global 3000. and online. electric mobility seems to be the way of the future and demand for materials for batteries is on the raw some. of what it takes to reach supplies of cobalt for example but that's all the ground comes out of promised. good news from the baths. love the sexes gender equality is on the rise some african countries are the
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top 10 of the global right. this is business africa your updates on africa and global business on the dot i'm as welcome electric cars are said to be the future of mobility demand for the rare metals in them is growing in particular hundreds of thousands of tons of lithium cobalt along with millions more tons of copper will be needed annually for the batteries many african countries come profit and have to make sure they don't have to pay too high a price. this is the brave new world of mobility electric cars they're still rare on the roads but they're coming and so demand is rising for the metals in them especially in the batteries they use it's forecast that electric vehicles will require hundreds of thousands of tons of lithium cobalt and copper every year much of it from africa the democratic republic of congo is the world's biggest supplier
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of cobalt which is often mined under inhumane conditions one reason why battery makers are trying to reduce it zambia has huge reserves of copper used in electric motors batteries and wiring. forecasts say that global annual demand for copper will rise nearly 10 fold in the next decade from 185000 tonnes in 2017 to 1740000 tonnes in 2027. copper is a huge source of income for zambia and analysts say the price of the metal could rise with growing demand. that would most likely lead to more investment in copper mining but that has spurred criticism from zambians who are concerned about effects on health and the environment. well our correspondent shipowner jimbo's was in the studio has taken a nosedive into the relevant data of this story to point out why should ordinary
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zambians for example fifa the effects of mining well one thing they obviously have to fear for is just the effects of mining on the environment pollution mining is very poor police environment to a high degree and there's actually a landmark case which is going to be heard in the u.k. high court which involves. villagers suing a foreign investor so it's a subsidiary of a foreign investing for an investor that isn't in the mining industry that's been down from india and the reason that case is being heard in the u.k. courts because in part there was a belief that that wouldn't be heard fairly in zambia and that's why one reason what's the complaint about pollution mental deadly pollution environmental damage there's around 2000 villages who are involved in the case and they have suing for done so for that reason and that will be next month the next month in the courts and the u.k. courts had to decide about that so that's one thing if you look at zambia let's pick up a for example how big
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a harm port is. it accounts for 70 percent old so of the foreign exchange earnings for the country so it's huge there's a whole province called the couple belt for a reason. it's not just thousands of jobs it's of course the biggest private sector employer in the country but of course the contractor is people like who you know work in shops obviously depend on the mining industry and because people who work in the mining industry are buying from them and suppliers to the mining industry so it's really it's a major industry and as someone who grew up in the cup about myself i know that though it's really a big deal they've become trees economy though has been performing poorly recently even though there's this boom for corporate as a big thing in zambia why is that you think the. spending. problem that the government has that's one reason global economic trends are another and of course there's also an ongoing drought in southern africa which has affected energy you
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know the ability to produce energy so in terms of the spending it has increased rapidly and might reach the debt to g.d.p. ratio might actually reach 92 percent this year according to the i.m.f. and that's 3 times what it was in 2015 or so the zambian government is spending more than it's earning and then of course the u.s. china trade war china accounts of around 50 percent of the world's we find copper so when things are not a very important possibly on board and so when things look great for china as they have in the last couple of months haven't been entirely positive things on the grateful couple prices as well so that's another reason of course the drought we're talking about up to 18 hours of power cuts in the country sometimes and that obviously well it doesn't affect the mining industry because what is being produced is being reserved for the mining industry but it does affect the ability of ordinary people to be economically productive so that's what is going on right now and that's obviously you know the drought has been for energy. but also of course
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in south africa to punish a bit of thank you very much for your going to the u.s. where america boeing will halt production of the 737 max in january the 1st such production poles and more than 2 decades the decision comes as popular planes grounding looks to extend well into next year freeze by one of the largest u.s. exporters will impact supplies lines and investors across the globe. there are 400 brand new 737 max aircraft parked in boeing's holding area they've been grounded since april this year some are even parked in the employee parking lot the production stop slated for this coming january is a drastic measure and it's bad for boeing's $12000.00 employees i think hauling production as is a pretty major downside that disrupts the whole supply chain that puts labor and terrible spot causes. a real loss of the economies of scale
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that this airplane has that you keep that assembly line go on because of all the efficiencies in october 28th seen as 737 max crashed in indonesia then another one went down in ethiopia last march 346 passengers were killed in those 2 plane crashes with the 737 max is faulty steering software playing a decisive role in both incidents so far boeing has been unable to deliver a software correction that can be approved by the u.s. federal aviation administration the 737 is boeing's best selling aircraft airline's of place thousands of orders so u.s. airlines end european air carriers of had to cancel flights due to lack of aircraft the airlines themselves are in just a terrible spot because they're selling spring break they're selling summer without knowledge of what their fleet is and all parties need to have complete transparency here so we can come up with some reasonable plan you know get this crisis get
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things back on track the loss of production at boeing might have a ripple effect that could burden the entire u.s. economy. equality between men and women has improved that is the result of the latest study of the world economic forum on the issue of the so-called gender gap among the most improved countries were if yo p.n. mali in previous years nordic countries continue to lead the way to gender parity iceland is in the top spot for the 11th year in a row the country's gender parity is nearly as 88 percent according to the world economic forum norway finland and sweden follow closely surprisingly nicaragua is also right in the top 5 and rwanda rwanda number 9 beating germany which runs up the top 10 gender parity is more involved in german politics than it
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is in business they say the world economic forum expects it to take another 100 years before total gender parity is achieved earlier i spoke to somebody as a heating she's a managing director asked the world economic forum in geneva and i asked her if we could still be proud of what has been achieved is that we can say is that there has been a slight improvement in the pace of change on closing the gender gap so it's 99.5 years now compared to 108 years but that is certainly not good enough and we will need to make a lot of changes if we want to accelerate the path to gender parity particularly over this next decade i mean we're sitting on the edge of the 20 twenties and we have about 10 years to reach the sustainable development goals one of which is gender equality but quite surprisingly some african countries are scoring quite high on the gender equality scale is that just because they're coming from
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a lower level anyway. i think there's quite a range when you look at a lot of the african economies so countries like. countries like south africa. are making it into the top 20 and are doing fairly well but at the other end of the rankings chad and the democratic republic of congo are at the very bottom of the rankings so i think there's quite a lot of diversity and if you look at the pace of change in africa as a whole on average it's still going to take 95 years to get to parity because of those very different rates of change across those different economies and i think what you see really there is highly unequal societies so there are still a lot of women going into labor force participation but they happen to be very low skilled and lacking the education that could actually make them into medium skilled and high skilled workers so we're seeing some impressive jumps that you think that developed economies are much more set in their own ways and the developing economies in africa are more open to demands of equality. i think there are
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interesting opportunities for both sets of economies i certainly wouldn't say that advanced economies are set in their ways you can see that the nordic economies are not just at the very top of the rankings but actually continue to move their scores up higher so iceland the number one country in the world this year has closed 88 percent of his gender gap which is still not parity but it is the highest in the world and continues to progress at the same time developing economies do have an interesting advantage which is as there is fast growth as there is more development there is an opportunity to deploy their full set of human capital which can actually help them grow faster and leapfrog started as a team as a director of the world economic forum thank you. thank you yes the international monetary fund has a great 368000000 dollar credit facility for congo to enable it still needs urgent
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payment needs to be high and there finds the anomic environment in the african nation challenging and vulnerable to shocks real g.d.p. growth is slowing down while president phillips cheesy t.v. took office in january this year has vowed to sweep sweeping reforms and root out corruption in the poor but mineral rich central african country. that's it from me and the business after the team if you want more from austin check out our web site that's w dot com slash business and you'll follow us on facebook and twitter now. africa is next right here on the dog you after this quick update on global markets .
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the game here for details the. complaints to talk about. this coverage. more please. people we have. let's have a look at some of the other much surrounding to still shaking in their food for the briefest of relief so you don't want to miss. this. week's thank g.w. . this is news africa coming up in the next 15 minutes africa's people have it any use why full born brit fiji's in kenya. said they are still refugees it's a fate shared by millions of africans and meeting every last hope. so far from our friends far from themselves because of what they are going through would like to stop them several times in this country sometimes i think about can name ourselves
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