Skip to main content

tv   Europe in Concert  Deutsche Welle  December 31, 2020 10:15pm-11:01pm CET

10:15 pm
the icy waters of lake baikal rose biggest freshwater lake on the russians not to usher in the new year invigorated unrefreshed after f.e.c. did. that set you up to date more off the clock on the website. called the tick. every day just for us and for our pleasure. the ideas is on its way to bring you more conservation. how do we make cities streamer how can we protect animals and their habitats what to do with all our waste. we can make a difference by choosing reforestation over deforestation recycling over disposable
10:16 pm
smart new solutions oberstein said in our previous good news truly unique and we know that their uniqueness is what allows us to live and survive good my deah is the environmental suits to global 3000 on t.w. and on. the. move. then you could see chaos on britain's borders with the e.u. some experts predict a couple of weeks of traffic jams as the news breaks that will stick in. a while give us stock exchanges both good and bad we'll look back at how 2020 brought the markets. and business goes up in smoke $500.00 technicians in germany a bat on the sale of fireworks and the traditional party at the brandenburg gate takes the stock up celebrations. as well and as to business after
10:17 pm
decades of seamless cross channel trade observers one the new brags that rules could cause weeks of traffic chaos in the new year britain's national farmers union and the food and drink federation why the changes will disrupt supply and increase costs that shed on the french side as well. red tape new smart borders that don't talk to one another and traders who've left preparations for new customs formalities to the last minute french truckers are warning of chaos just before the united kingdom restores a hard from tear with europe. but certainly could is avoided with and if we listen to the french and british authorities yes all the talk is of smart borders they tell us that everyone is ready but that doesn't stop us from having doubts. the smallest thing even just a couple of minutes for drivers to prove their merchandise is customs approved with the right documents and bar codes even that takes just
10:18 pm
a couple of minutes we know that it could lead to the in from us lines of traffic so he's getting there this is if it was for that alter it. the new border will be installed 48 years after britain joined the european economic community as it was called back then for decades the fortunes of the french city of color have been deeply intertwined with the u.k. for kalie ports chief executive britain's divorce and the e.u. is a sad moment. polisher to get out on what the new kid on the side of the great britain is leaving us but then again do they ever really integrate into europe. i'm not sure they always have one foot in and one foot out so they had their own currency so there wasn't true freedom of movement for people since there were checks etc. it's very regrettable but i think the english are focused on their island. city crews on its own they only want to follow the house of commons and not the european commission in brussels is all appear to be video vehicle could mean. by
10:19 pm
a result of that which are. bitter feelings as a marriage ends but both sides still need to keep working together the 1st task is to avoid chaos at the border on january 1st. a quick look at some of the other business stories making news around the world britain and spain have decided the fate of gibraltar left out of last week's breaking trade deal with the european union little territory will state in the e.u. saying in zone that allows thousands of spanish commuters to continue crossing the border visa free on a daily basis. the u.s. says it will raise tariffs on a range of e.u. goods including wine it's the latest development in a 16 year battle over subsidies paid by the 2 sides to boeing and airbus for the charges of being placed on airplane parts as well as french and german brandy. bitcoin broke through the $29000.00 mark on thursday cryptocurrency for drew pulled
10:20 pm
in value with 2021 record after the next that's as more and more large fund managers seek to move their money to risky more profitable investment. microsoft says hackers recently access some of the company's source code the tech giant assures customer data is safe and that its systems weren't used to attack others it was part of a hack a campaign against thousands of companies. and china became the world's biggest movie market in 2020 despite the pandemic wiping out 2 thirds of box office takings it overtook the u.s. for the 1st time with revenues of $3000000000.00 i'm great movies dominated the market. it was a year of extremes on exchanges including wall street one of the world's most closely watched indexes the dow jones began 2020 in robust territory with investors
10:21 pm
optimistic but as could $1000.00 spread around the globe at economies shut down well threat is freaked out as you can see there that led to the biggest financial crash in history with stocks hitting record lows in much but as washington pumped trillions of dollars into the u.s. economy stocks rose almost as dramatically as they'd fallen. by the end of the year the development of vaccines pushed stocks even higher despite all the hardship that dallas actually ended 2020 higher than before the pandemic. so what can we expect from the markets next year sabrina kessler is our financial correspondent in new york sabrina wall street loved donald trump what happens when joe biden takes over . so for most and best there is the election of so by it has really been. a lot of adamant for november 3rd election and what they said was most a force that we like from policies like. taxes lowered and well like the
10:22 pm
elation but you brought an enormous amount off but uncertainty to the market price war with china for it and if there's $1.00 thing that markets really hate and it's uncertain and that's something i find it's really going to change besides making sure that the fed that may get dealt with so a lot of investors i'm really looking forward to buy and present and see however there is one thing which is still out here and that's the run up in georgetown next week why is that while markets tend to like tax balances to make sure one party doesn't have too much sway so they hope that republicans will retain the senate and that's when the when is what i mean a divided congress in the future so that biden will have a chance to influence the economy but doesn't change so you can run in terms of taxes and regulation too much sabrina we've also seen how vaccine stripes markets this year will that be a game changer in 2021. totally and i would even go so far as to say about the
10:23 pm
vaccine will drive stock markets even more than a bad president because in the end it all comes down to corporate earnings and how companies are doing and it's obvious that the vaccine is the only path to an economic recovery so yes it remains the game changer next year although i wouldn't be too surprised if we see a correction in the 1st quarter not only because many analysts predict that the economy will get worse during the winter before it gets better but also because markets tend to see a setback when it comes to a change in the white house as we will see it with biden in january. from how new york correspondent coming from a very rainy new york sabrina kessler try to keep dry for us thank you very much. thank you. let's take stock of the to moche was you know with our financial correspondent in frankfurt sunday. the world is in the middle of the worst
10:24 pm
recession since the 2nd world war but you wouldn't know that by the performance of the stock markets. globally markets kept breaking records after records even as log downs shuttered forms and costs millions of jobs tech companies like apple google and amazon outperform the index so did the so-called stay at home stocks leg zoom and netflix but it was tesla stole the show soaring more than 600 percent this year but the miracle of the year was prices turning negative which meant traders were essentially paying buyers to take oil off their hands of oil prices were battered by a record slump in demand due to the pandemic and a price war led by saudi arabia they finally recovered some lost ground when riyadh and moscow agreed to unprecedented output cuts the pandemic added to gold safe
10:25 pm
haven appeal the precious metal breached the $2000.00 an ounce milestone for the 1st time but gold's tunder was stolen by bitcoin the cryptocurrency emerged from the fringes and forced mainstream investors to take notice bitcoin enjoyed a wild run splashing records after records as institutional investors and public companies joined the party the global rally was supported by governments and central banks which get the money taps wide open that's something the markets would be hoping to continue even in 2021. coronavirus germany bad the sale of fireworks along with the open air party of historic gates it's a win for environmentalist said health experts wired about the 5 particulate matter released into the air but it's the last 6 industry. this is how germany usually rings in the new year bostic display at the brandenburg
10:26 pm
gate coupled with more i am sure often dangerous scenes like this one in a parlin neighborhood last year despite decades of fiery debates about safety the country's love of pyrotechnics runs deep it took a pandemic for lawmakers to crack down on the sale of explosives and their fun up to new year's eve. yes for norman boys people should only leave their homes for urgent reasons this is what stated in the infection protection act lighting fireworks or bangers from last year is not an urgent reason just kind of through vivian cloud the ban came as a shock new year's eve celebrations are his bread and butter now he's stuck with a warehouse full of fireworks he's not allowed to sell skin notice of the problem is we don't sell on commission and we have to pay for the where's my bills are due
10:27 pm
to be paid on january 5th this year i have to pay around $45000.00 euros from from focused on isn't that on. ordinary years germans spend a total of around $130000000.00 euros on explosives the vast majority of that's in the lead up to new year's eve as of yet there's been no announcement on whether the pyrotechnics industry will be entitled to state aid for the some 3000 people who work in the sector this has ignited fears that the year that began with a bang will be followed by one that sees business simply fizzling out. well some countries did celebrate the new year with some spots most of us will probably have had quieted not unusual and instead of folk you had his whole fortune off i watched south africa's president the public treat life candlelit it's not just a day to celebrate the new year but in memory of those who'd lost their lives to
10:28 pm
the coronavirus tribute to those on the front line working to save our lives and protect us so we've let these candles for you a happy new year from the business team of the w. bush youth health wealth and happiness from 20 to 21. or not to own. what about assuring economy instead. of. a change in thinking is changing the economy to create something good. economics magazine made in germany. next d.w. . in germany they usually end up in
10:29 pm
museums. other countries. there are real workers. classic cars from government. responsible and industry. takes you out for a drive. down for eternity mercedes old timers around the world. in 45 minutes. in these difficult times this is especially important to us. to wish you all happy new year. has come to some modern family and friends all year and it's easy to feel misled actually during this holiday season we want to tell you we're right here when you. want to remember one of them this is you
10:30 pm
we wish you not i mean really you're not mean you. need to start. the new year everyone you and yours and. states are. some are celebrated some are vilified and some are ignored for regardless of how they're received whistleblowers have helped inform our picture of the world often at great personal costs to themselves speaking truth to power that's our topic today on made now here's one prominent figure who certainly did that but many are
10:31 pm
divided on whether he should house is he a beacon of truth or a threat to national security. in 2006 julian assigns a set up the organization with felix for years later it published classified information on u.s. military action in iraq and afghanistan in 2012 a song facing what he called trumped up charges of sexual assault took refuge in the ecuadorian embassy in london but in 2019 ecuador with through his asylum enabling his arrest a sons of faces extradition to the u.s. on espionage charges. you know he's just one very high profile and very specific example but many whistle blowers are everyday people you might find in your workplace well what do you do if you knew your company was helping others to lie to the public in 2015 it emerged that german carmakers like were engaged in emissions
10:32 pm
cheating devices were installed and thousands of cars with diesel engines to help them seem less polluting during testing it caused a major reckoning within germany's prized industry but one former engineer in the automotive sector said he spoke up early and loudly and he got fired for it my colleague met up with em. up in the automobile offered by the that's when i worked as an engineer in the auto industry i wanted to contribute to making emissions cleaner and improving environmental protection i did my job in this much as i address things i thought merited criticism in order to improve them i think that if they'd been addressed sooner the d's of the mission scandal would never have happened. let's now understand the. constant from work for 20 years that botch
10:33 pm
a major supplier to the automotive industry in an on line interview he told us that long before the scandal broke revealing widespread cheating to disguise high diesel emissions he and others that bosch had already realized that emissions were higher than permitted. he says he wrote about it on an internal company platform and sent a letter to bosch c.e.o. mark donna. about hope mystified and i didn't like the fact that the emissions targets we were supposed to work towards were below what was technically possible and what my colleagues and i had already developed performed better in that respect than what was actually being used in vehicles on the road so it wasn't just about processes or methods the question was is the direction of the company is taking tenable within the names worn off by its. then this scandal hit the headlines car makers like folks are going to proceed is we're using cheat software to
10:34 pm
disguise the high levels of emissions and their diesel models. bush had been involved in developing the software. many engineers that were aware of what was going on but hadn't dared to speak up management came under huge pressure. on a formidable become as soon as the diesel scandal broke they wanted to talk to me and i was invited for a meeting and to. very clearly that i was not to write any more critical comments i refused point blank to comply and said i would not be silenced and would continue to address matters of concern and speak out the truth. of the. russian also also question you might think that a modern technology company would welcome commitment and independent thinking that certainly in the impression it gives some promotional videos like this one. bosh says its corporate culture is based on mutual respect fairness openness and trust.
10:35 pm
is not only thought of course i wasn't fired for voicing criticism bosh said so repeatedly in court and to the press but the reasons were demonstrably fictitious it was absolutely below the belt and something that could totally wreck a person's career. and i had to way to levon months for the reference and when i got it it was more of a death sentence than a reference that i hadn't expected that. of course there can be disagreements i understand that people don't always see things the same way and i understand that people feel under pressure and can react weirdly. or never but what happened to me should never ever happen and that's why i'm fighting it for 1050 it's. been fun fun it's challenging his dismissal at a labor court he's already won once but it's now gone to appeal he wants his job
10:36 pm
back. some blowers often underestimate the risk of speaking up an organization in berlin helps them to fight for their rights so far germany doesn't have a law that specifically protects employees who speak out about corporate misdemeanors. meissen with a block of the most whistle blowers lose their job within a year and they're often subjected to harassment. as they may be transferred to a different office or switch to another job colleagues no longer talk to them or did they can come as a big surprise and quite a shock. because they tend to assume that since they've brought something serious to light and think everyone will be pleased with them because they're helping prevent it from happening again that's a pipe harvester so much purpose here whistleblowers can fulfill an important function in companies and in society as a home by driving change the diesel cheating scandal may have cost v.w. tens of billions of euros in fines and settlements but it also hastened the group's
10:37 pm
shift towards making more environmentally friendly vehicles and many would argue that diesels reputation has suffered permanent damage. and a modest as you wish that i did the right thing and i would do it again or at no point have i thought i should have kept my mouth shut on the contrary in the future i would encourage people to join forces with each other and to speak up together and sooner so as to prevent the kind of disaster the entire industry faces today. in my view people have values and want to pass them on to their children and it's problematic if one can't act according to those values at one's place of work. but it can't be right that people are too scared to speak up. we have to be able to point out things that we know to be wrong i decided to take the lead and speak out about the successes and the time for minutes i mean on the special.
10:38 pm
now there is a reason why whistle blowing is often a lonely endeavor as we saw in that report there can be severe personal consequences for telling the truth but that means institutions often go unchecked from the inside our reporter chris and perceval us talk to a consultant with a wealth of experience about corporate culture in germany in particular in the big car companies let's just say his interview partner did not hold back. it's still a man's world at the biggest car manufacturers. as is plain to see an industry trade shows. volkswagen for one is run by alpha males. i was in geezer couture i don't think you find any whistle blowers in this kind of corporate culture. they all keep their heads down because they're afraid of having
10:39 pm
them chopped off. that's the culture and i find it disgusting couture. is a headhunter he runs an executive placement firm serving many large companies some of them blue chip. has openly said that v.w. boss have should be fired presiding as he does over a corporate culture in which everyone is too afraid to stand up to the bosses. book swag and maybe one of the world's biggest car makers but the diesel emissions cheating scandal was only possible because no one there dared to speak out. if you said that mr d.c. should be fired can a headhunter say such a thing. that's a good question. i took the liberty of doing so because i don't work and i
10:40 pm
never would to schools in my many years in this profession i've had the great privilege of own. working for clients that i like. mark but not by what is vice would you give to big companies what should they look for in their executives. but. the most important characteristic is empathy companies need executives who are empathetic don't have a huge ego and manifest self-restraint they need to be independent sure of themselves and able to say in advance hey guys i'm coming but let me do my thing if you don't let me do my thing i'll leave. i don't have to be here. you know shops ingenue to. tobruk says he only consults for businesses that are open to new kinds of managers. ones with what he calls natural authority including more women
10:41 pm
and people of different nationalities as well as flat hierarchies by forgets to listen now that so many people are working remotely and one of the challenges involved in creating and leading a strong team. they're going to work with you and if a company is serious about it it has to recruit the right kind of person many firms are going to have to face this in the post code era it could well take a new and disruptive kind of leadership now that so many people are working at home old school issuing commands from above isn't going to work leadership at a distance can only function on the basis of trust. and if trust is there if open and honest debate is possible within a company there might be no need for whistleblowing. according to high natal borg that kind of healthy corporate culture is the way to success. now as an employee or
10:42 pm
a former employee it's important to understand what you can and cannot do with the information that you have on your company when is it ok to reveal what you know and what not the law differentiates according to the kind of information you have here is a quick guide from a legal standpoint. what is a trade secret. lisa klein is the head chef at a luxury hotel her fish and fruit sauce has won international awards it's become a house favorite for the restaurant signature dish. nevertheless she was let go because she got to work late once too often. lisa klein is angry i'll show them she says she decides to go to the competition they'll be thrilled about the new recipe after all no one knows it not so fast that's a crime lisa is about to divulge a trade secret in germany she can face legal consequences for that.
10:43 pm
dismissal a monetary fine or 3 years behind bars and in some european countries the sentence can be much longer that's the law of the land and it's even in lisa's work contract it expressly protects the company's crown jewels even after the term of employment ends. then she has another idea i'll give my new boss the addresses of the highest paying regular customers at my old restaurant ouch yet another crime lisa is now planning to disclose company secrets and that too is illegal since april 29 team both crimes are part of germany's trade secrets act for example protective laws like these exist in many countries but what if a disgruntled former employee like lisa speaks out publicly about how her former boss was engaged in wage dumping and employed undocumented workers all of which is
10:44 pm
illegal 'd 'd she's not only allowed to reveal those things she's morally obliged to and e.u. guidelines now provide special protection for whistleblowers which prohibits them from being prosecuted e.u. countries are being asked to write that protection into law that's how lisa's boss instead of lisa herself could wind up behind bars assuming of course that lisa is telling the truth. now our show today is about speaking truth to power but what if your the powerful one if you were the boss wouldn't it be important for you to know what's going on good or bad according to one study of 2000 employees and germany 68 percent of those surveyed said they would be willing to report bullying or discrimination slightly less 65 percent said they would speak up about fraud while only 59 percent say they would call out of company property
10:45 pm
but what about the rest meghan rates is a business school instructor specializing in leadership she provides 5 tips on how to create a culture of openness in companies. whether we speak up or stay silent affects compliance affects safety issues of malpractise but also can create environments and innovation in gelati and of course inclusively to helping people to speak up work matters. so here's my advice on how to create to speak up culture in your workplace. think about the last group challenge. now if you're struggling to think of examples them to others find you a little bit scary. so
10:46 pm
a classic phrase that leaders and managers often make is my door is always open. yes but you are still in your office there's something about getting outside of that environment because that can be quite intimidating for people coming into your place. and. start focusing on getting people to be brain i speak up i'm focusing more of your time and energy on listening and learning how to help people to feel safe. i've met leaders who tell me they need to speak up more they need to be more assertive and courageous rather focus on creating an environment where they don't have to be so brave in the 1st place for example there's a great deal of difference in trying to have a conversation with someone in a group meeting versus taking somebody for
10:47 pm
a walk outside in the park you'll get very different quality of conversation depending on what you do. assuming that you need to do more work to help people speak up than you think so i research shows that the more senior you are the more likely you are to think that people are speaking up when they're not and we call this the optimism bubble if you find yourself thinking you have people are speaking up well round here then challenge your assumptions. and chief executives we interviewed really wanted to help his team to speak up but he confided to us that he had a little list in his mind of the people that he listened to and the people that he didn't but you and i we all have these little lists who's on your
10:48 pm
walls very often the voices we hear are a lot like our own and they're from people that look like us it means that you're not aware of others' experiences within your organization and potentially outside of it as well sac see need to be reaching out and connecting with those groups. to send signals to others all the time through our body and verbal language and some of those signals help others to speak up and some keep. silent the moment off to someone who's spoken up your response will determine whether the bad person and probably that colleagues will speak up next time i'm afraid that 9 times out of 10 you might respond really well unfortunately it's that ted.
10:49 pm
that everybody will remember and talk about that time when you were really tired or you were really stressed so if you do kind of make a mistake and you do realize in hindsight that you've reacted in a way that might be detrimental then reach out to that person. helping people to speak up at work matters it matters for us it matters for that and one of the most important things i've talked about in the era of bill t. to create a safe environment where people can speak up. and i have my 5 points tips will enable me to do that. at the end of the day doing the right thing is everyone's responsibility but the responsibility and liability grows the higher up the institutional ladder you go how do leaders and sure that ethical standards are
10:50 pm
adhere to some scandal hit companies now invest a lot of money in compliance our reporter holzman spoke to the chief executive of one such company building or a construction firm with business around the world who say they have managed to clean up their act. from. klein to take in germany they think a little gift is a good way to maintain friendships and make new ones so i brought along a bottle of red wine and a small envelope. let's assume that you brought you a little something things but obviously i can accept this on blow by have to give it back he didn't mean going let's all like to think that really but i'd hoped our interview would be especially nice. compliance is full compliance is very important to us so we're always very careful i have to pass everything on to our head of compliance put it to good use. compliance
10:51 pm
means sticking to rules against corruption tom plates wants to show that that's now the norm at his company bill finger in recent years corruption has been an issue. which produces and install inspector equipment worldwide. the biggest corruption case emerged in nigeria and 2003 where a subsidiary paid bribes to the government to lend contracts building or was fined $32000000.00. the us department of justice is also watching bill finger closely because the scandal involved an american joint venture partner. blades and his predecessors have had to provide regular updates on their compliance since the case against the company was proven senora nothing for 510 years after the event we had to pay a fine as an assigned deferred prosecution agreement and deferred prosecution agreement
10:52 pm
on days lays down what we have to do to make sure we show that we're compliant and listen and that we will remain compliant in the future as well compliance leaving. compliance not. in the. blaine's was born in hamburg to a british father and a german mother he has worked in germany since the late 1990 s. and came to building your enemy 2016 times ok forgotten what he sees in the wall so you took over just at the time of the nigeria case so the fight in the media to wait until they take a step back. when and please mind that sign is that part of compliance is no it's health and safety was the one you are telling me to grab the railing come on mr glades you don't do that all the time surely it's my each and every time because rule number 2 be a good example. and says this is all right setting
10:53 pm
a good example this is ok this case isn't where we arrived at building or as it was dealing with the fallout from nigeria. you know that's right it was under way. you could have gone to work for a company with fewer challenges one perhaps with more positive prospects right if you know anything so i didn't come here because of the corruption when i came here because this company's undergoing a transformational befriended because i've been working for almost 40 years on the industrial services business that he reasoned and that's why i said yes i'll go for that on decisions i think i saw as a month when bill finger says it set up a compliant system what does that mean. compliances i include guns i'm not a small clients is quite straightforward it's keeping a promise of integrity you've got a very simple example is what's appropriate and say you're in talks with a client and decide ok let's go for something to eat you know what's appropriate
10:54 pm
there if it's a president someone from the very top of it then what's appropriate is very different from what's appropriate when you're out with the guys from the construction sites and squinting off the post it is and. it wasn't only nigeria at the world cup in brazil $124.00 team a subsidiary was accused of crimes to get contracts. the company. purchased half what kind of penalties to employees face spiffing i. mean regarding malfeasance or corruption that base. this is after would be a radical case as well but we have to be prepared for such cases initially we'd hand the contract back because we cheated to get it. when we'd start an investigation to find out who was behind it all. and a ploy he's would have to reckon with us filing a criminal complaint with prosecutors. and other to also be internal consequences
10:55 pm
including sacking people. and they'd have to expect we'd also want compensation we lost the contract. give us a shade for me it's about hygiene for me just like with a hospital if a hospital isn't clean then it's a bad hospital it's not about good or bad doctors want to hospitals no longer clean sighs that you simply wouldn't go there and live in the. state. right and i need to because of the need for the other to. think of it if i just. saw so i left the wine here it's up stairs in the compliance department it will be catalogued and maybe turn up in a raffle to raise money for a good cause obviously tom blades didn't keep the cash and the same ethical rules apply to me as a journalist 0 tolerance for bribery. remember
10:56 pm
if you see something say something although we know that can be hard that's it for this edition of may thanks very much for watching.
10:57 pm
the folks. in germany they usually end up in museums. odder countries fod their real workforce masi cars from diamond the best friend samoan endless trouble in the book take your dog for a drive the truck down for eternity mercy sometimes around the world. in a 15 minute spot on tito. conflicts you don't hear
10:58 pm
a lot about it in europe these days but for more than 2 months file sharing compulsed financial corruption and the government demonstrations my guest this week from sofia to speed so such a minister and social of a spider she contributed stuff and the dutchman speech in its most vulnerable people in violation of its human rights sophie gave. the 1st segment. who. of the morning. i can't sleep because you know war isn't love. in the
10:59 pm
small or swollen. unleash the lawyers will say. there's no use no love for the wicked. doesn't learn your work is freedom but. the. parents knew. her couldn't sleep. the currents. i'm sure that it was. in support of. saving the civil guard over. the debris but.
11:00 pm
this is the that we news live from but then the global party happening mostly without spectators fireworks lights up cities from sydney to hong kong as the world says hello to 2021 but with the coronavirus running rampant authorities are rising for people to stay home and watch the func on t.v. also on the program the last trucks cross between the european union and great britain ahead of the you chase final departures from the single markets did not brussels time and a half century relationship.

62 Views

info Stream Only

Uploaded by TV Archive on