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tv   Frag den Lesch  Deutsche Welle  February 25, 2021 5:15pm-5:30pm CET

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ok. all right next up business news regional do allow and there's more on the news app and on to your company and you can follow us on instagram and twitter and to get you somewhere with iraq i'm going to have a false your thank you as friends for good things. today don't miss our highlights. program all morning w dot com highlights. sleep. carefully. don't. try. to get.
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to school. subscribe. documentary. again nathan government seeks to ramp up local production one homegrown company is determined to show the world that ghana's got the good. brussels takes up a good economy the european commission launches a public consultation into the rights of casual workers. and when the chips are down you realise how important they are we take a look at how some become doctors became the oil of the digital age. business
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d.w. business i'm going on in berlin how you can join us. we begin in ghana where the government has been trying to reduce its dependency on imports at the moment it's hard to find original domestic products there especially in the supermarkets but one locally made it is a flying off the shelves 12 keys are popular across kano and maybe kong and export hit in africa. this factory in eastern ghana khan's make enough profit spoke lucky's by william which produces drinks and snacks like these for the local market the old company has already gained the market share of 40 percent of the gun in my case. it's money just see the products made here are world class. going away to be that
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people were that into the country that high taxes thereby increasing at a cost of their product but now we are here marching into a national stand that introducing competing international products as well which is very affordable today gagnon market gun imports a lot of goods things like industrial machinery and consumer products in 2019 expands more than fits in $1000000000.00 on these imports food made up more than a 6th of the 2 it's out that's something local produce us wants to change but the also want to export more members when the production sector would want to expand their facilities expanding into small. export more. on fortunately we don't have a sense of international market in place we're looking at the words our programs or where we've come producers and supply to be serious many people shop at markets
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like these so local companies after. them treat this year are glad to offer going in products instead of imports if the available the things that i sell in the market if i were to hardly look up when in doubt is producing it all never on board because it will save me time to save me money gun as government wants to make look at production a priority seen a factory would need to be built in every district to satisfy demand expect to see this kinds happen quickly enough we seek significant the precision of our new car and see it all because of him we import reality and we need to do to group our industries to suck up to 2 for the things we poured in order to new companies. and as free trade becomes
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a reality across africa they hope they will be ready to seize opportunities across the continent and help africans say goodbye to many imported products. d.w. correspondent. joins us from across there you are isaac if it were easy to produce locally then more companies would be doing it will put sort of challenges faced local production. so for many of the. production and the huge investment from abroad from europe and america for the little company. of companies that i look. at many of them face challenges of. repayment becomes the. production. cost of tools factory and produce you need to have it is expensive for many of them and it
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. is a challenge some of the things that the government hoping to be able to address to ensure that we have enough factories available to be able to produce enough to feed the markets and. on the business side but how we're. receiving products what do they think of meeting. so that many of some products that really. has been access to these products. and they don't have a. need to. imported by largely a lot of. government is trying to keep up the interest among. products that's really is this additional the ground.
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thank you very much. thank you now to some of the other global business stories making news. nigeria is set to establish a supplementary budget in march to cover the cost of covert $19.00 vaccinations the government plans to inoculate 40 percent of the country's $200000000.00 people this year and another 30 percent next year africa's most populous country has been hit by a 2nd wave of infections in recent weeks. the u.s. economy grew slightly faster than expected in the 4th quarter with official numbers pegging g.d.p. at 4 point one percent but overall the u.s. economy contracted 3 and a half percent jus to the pandemic for the full year the biggest drop since world war 2 but analysts expect a quick rebound as the vaccine rollout continues. brussels is taking on the gig economy the european commission is a launching
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a consultation on how to improve the conditions for people working for tech platforms although they don't call out companies by name the likes of ride sharing apps and food delivery sites are set to come under increased scrutiny. but it's long been controversial ride sharing apps like you this a they drive as a self-employed where is unions want them to be treated as employees with health benefits and pay to time off it's the same for delivery workers and others taking part in the so-called gig economy now the european commission is launching a consultation aimed at improving the conditions for platform workers saying some are getting a raw deal across europe people who works who pat from well they risk to be left without income and they're not always need to fall for national support missions during knockouts. and even those who have work koreas of the drivers well they sometimes have really poor working conditions. normal hour shift or
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little or no social protection should they fall in and no pension scheme no access to training or skills development as a 1st step to addressing these issues the e.u. is asking trade unions and employee associations for their feedback on what the blocks should do to support good economy workers it's just the 1st stage on the road to new regulation and the platform operators will be watching closely. earlier we spoke to the e.u. commissioner for jobs and social rights nicholas schmidt and i asked him if clamping down on tech platforms could backfire and put people out of work no i don't think so i am not questioning correctible work organisation this is something which is part of the new way how does the economy functions but on the other hand we have to make sure that people who are working on these platforms of all the
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platforms that the question that they have how the insurance that they are also socially protect the that they have an insurance against accidents these are part of our social norm social protection systems and we should not build an economy of the 21st century going backwards somewhere in the 19th century before bismarck so i i would not be in favor of that that's why we need some concrete action here now if you're having a hard time buying a play station 5 game console the global semiconductor shortage is probably to blame a shortfall of the little chips that is slowing down major industries now this is something that i had taken a special interest in how did chips get so important here's what i learned you don't buy them directly but trust me you need them so when the silicone chips are
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down what happens well we're finding out. the auto sector has been hit hard with car companies around the world pulling the brakes on production although they're not the only ones meeker's of gadgets and popular electronics are feeling it to the chip shortage could be why you're having a hard time finding a p.s. 5 or a flex. about one trillion chips are made a year that's about $120.00 for every person on the planet. suffice to say the world runs on chips slash semiconductors so why are we coming up short the pandemic changed consumer behaviors we're buying personal computers new phones new tablets x. boxes so we can work from home and to cope with the lockdowns and companies upgrading their digital infrastructure to enable remote work and all these purchases driving up the thing and what chips at the beginning of
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a pandemic we have estimated economic downturn industries such as the autumn makers they slash the chip purchases and but they calming ease asia bounce back sooner than expected with more demands for cars carmakers keep limited him and tory right now out there buying buying buying the coronavirus prices to reshape supply and demand chip companies are scrambling and if there is an industry that can't simply quickly ramp up production or ask its clients to do without its products for a while or shift its manufacturing elsewhere rapidly it's the chip in the street supply chains have been spread across countries as the cost of communication has gone down along with you know the cost transportation so this is the largely seen as a good thing to spread the production of city connectors and other high tech components across countries you know kind of based on some sort of fundamental theories of economics and that by doing so you could reduce the costs of production thereby
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increasing efficiency in complex supply chains. may stretch around the world but especially asian companies that lead in producing chips taiwan's t.s.m. c. is the world's largest contract manufacturer for semiconductors its sins had to reassure governments like car export reliant germany that it will try to prioritize auto chips but the pandemic has already taught a painful lesson. over it's also sure the global supply chains are are relatively easily destroyed and many industries i know that probably need to be rethought and should lower redundancies built and. i mean that simply means more sites globally producing me saying. it's in all countries interests to ensure a dependable supply research and development manufacturing closer to home having more and varied suppliers and making the supply chain shorter are going to be key
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so when the chips are down it's a good time for countries of the world to think of how best to invest to make sure supply chains stay up in the future. good stuff that's if i must thanks for watching. we're going to one official estimates more than 1200000 venezuelans have in colombia legally and illegally. already. returned to the. i visit friends i don't think i'd ever go back there to live you know when i lived there again i don't know so i'm not sure. witness global news that matters. made for mines. in the light of climate change. conference
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costs. what's in store. for the future the book. called for to make a city to incite. counter. this is you don't produce a show coming up today chinese intimidation on german soil. germany's 1st try not talking to congress during pro-democracy protests have in germany we asked the german ball of the right street how she thinks germany should respond plus. south korea's prisoners of war and betty sentenced me to walk to sleep.

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