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tv   Shift  Deutsche Welle  May 20, 2021 8:15pm-8:31pm CEST

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efforts to encourage fire between israel and mos militants. that's as hostilities continue from both sides with more israeli air strikes. and rockets fires from god about israel watching the w news live from berlin up next. this steven bears we with your business of rock and berlin on behalf of all of us here. thank you so much for keeping your company and i hope to see you again tomorrow with the news a little guys. this is the 77 percent. the platform is due to the issues and share ideas. you know,
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i know we are not afraid to capture and then the african population is ruling class . and young people clearly have the solutions to 77 percent. now, every return on the w the european gets ready to turn on a massive renaissance damp, the 10 year old project and the blue nile can bring much needed electricity to the east african nation. what it's at the center of a dispute with egypt and sudan. also on the show, the pandemic has pushed government into justice spending all posts in the process of big tech like amazon. so is it finally time for the digital tax will talk to the
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porter. and every man accounts, as startups, are racing with liver, fresh food, and crack the dominance of supermarket chain. the globe welcome to the show. in berlin. if your p a says it will generate electricity at the controversial renaissance dam on the blue nile, beginning in june, near the start of the countries rainy season, the country urgently needs the energy to grow its economy. but there's still ongoing dispute with neighboring countries on how the reservoir will be filled and how the power plant will be operated. the project is close to the border with dan, together with egypt. so then fears to make them could reduce downstream downstream water levels. the construction of the project began in 2011. it's 1.8 kilometers long, and 145 meters high. the view up in government says the project is not 80 percent complete. right, so dilemma editor in chief of august standard magazine joins me for more on this. welcome to the show. this announcement that electricity generation is going to
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start taking place this rainy season. is that a surprise? no, it's not. a surprise has always maintained its position that it will start generating the phase by phase. so as the 2nd feeling there is, there are a yet is about to begin during the rainy season, the next racism which is july august. i was expecting that there was going to taste of rent based on generating energy could be the reserve r is expected to retain. about 13500000000 cubic meter. and then next rainy season. so together was the last one, the 1st feeling that would be 18440000000 cubic meters. so you would like to begin to try out during this randy season. it's not a surprise that has always maintained that it will do so. how's countries,
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how the neighboring countries have been a dispute with, if you will be over this egypt and how they responded to these ongoing plans to continue to build out? well initially there was, of course, a lot of resistance from done and it just because they maintain that argument of 2029 and 15. 52 is should be respected by. yeah. if it has always maintained its position, that colonial argument is another boy because it was not a part of that. and so the share of the water sharing process has always been in the hurts authentic workstation. so they were resisting that and then go stations were stolen for the last 2 weeks, i would say. but in a surprise announcement yesterday that you should for me to say that the feeling of the 2nd round of the will not be significantly harmful for egypt. this was a very,
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very welcome news, and it shows that they are returning back to their basis. and that's going to open up the avenue for the negotiations to take place under the auspices of the african american goodness, there. briefly, it's at all if you can. how important is this project? ethiopia? it's very important because if you're in the country where almost the 65 percent of the population do not have access to electricity and this project has been there, heard of it get this and vision in reaching out to its own population. don't forget that denied was 80 percent of the 9. what emanates from your pain within its own natural right to develop this project. this is very important for number one for 50 generation. number 2, it's a project bite you can for you. and there has been a,
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has made a lot of the 7 are pledge that there would be a significant har into the down down country. and you wanted to remain within the agreement that was signed by the court. the declaring principal in 2015. so if you would always want to remain within this principal declaration of principal, so we're going to we're going to leave it. there is the dilemma editor in chief of odyssey, standard magazine, thank you very much. somebody and we go over to the us where the recovery appears to be on. so where are the workers? well that's the question being asked by businesses around the country. the finally some normalcy boardwalks of the jersey shore. people are dreaming of summer sun and wait. ah,
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the peers amusement park to be opened in wildwood, new jersey. and it seems like the rosy side of life is coming back again. but for the business owners, there still is one big problem that keeps them from going back to normal operations . the biggest obstacle we have right now is hiring. we are struggling like we have never struggled in our 50 year history. we cannot get enough people to fill our rosters and hiring has become the new pandemic. mores piers has 1500 job openings to fill. the amusement park is even offering $15.00 an hour more than the minimum wage with little success. i think that it's not so much a wage issue as just the supply and demand issue, and there's less people in the workforce. so even paying more, we're not seeing the numbers that we need to see. 8000000 job openings are
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available in the u. s, but they largely remain unfilled. well, there are many reasons for that. it seems that the large cobit relief payments are one reason why many low income workers believe they're better off with unemployment 8 than working a paid job. student workers from overseas are filling in here, but the amusement park owners say slow visa, processing and close borders are another obstacle the there's little delta v again with children and kids, enjoying their right question is, will there be enough personnel to operate it right over to so much bigger businesses, the world's 5 largest tech firms have benefited greatly from the pandemic, which has boosted demand for their digital services. google parent company, alphabet amazon, apple, facebook, microsoft among those breaking in billions. but most countries are benefiting from those profits in the form of taxes. now the g 20,
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that is the countries that account for most of the world's wealth are losing an estimated $32000000000.00 a year on unpaid taxes from those 5 largest tech firms. that's according to in geo action, 8 that money could, of course help governments foot the bill for the debt they've taken on to deal with appendix economic economic fall out. and for more of this, i'm joined by under dall back. he's a program manager for global tax policy, action aid, unders good to have you on the show. this issue did not begin with the pandemic, but it seems to have thrown it into really sharp relief. is that true? yeah, definitely. i mean, there has been a long standing problem with how to tax companies operating in that it's that economy. we have an international tax system that just wasn't designed for the kind of companies that we have these days. but the fact that we now have countries needing tax revenue more than ever, of course, in g 20 countries, but primarily so i would say developing countries as really, yeah,
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underline the need to properly find a solution out to tax or companies operating that it's sort of kind of me and make sure that they pay their fair share of taxes to help fund the health care response, but also the recovery from the coven crisis. what kind of constructive proposals have we seen so far? i mean, one of the things that has been discussed very much this year is the idea of a global minimum corporate tax rate, which is a very welcome to base and that i know that you said ministration is stood behind. for example. the question of course is at what rate that is going to be set and we would very much welcome the rate above 25 percent. but we also have to acknowledge that a global minimum corporate tax rate can increase the amount of revenue that is collected . but it doesn't really change which countries collect that revenue. as we're looking for international tax reforms that actually change how and where profits are tax, that they are taxed. more in the countries where economic activity actually takes place rather than just in the jurisdictions where companies are headquartered.
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briefly, if you can, what happens when individual countries like france enact their own legislation without working with other countries? for example, is that help or is that harmful? i mean, in the long term, we are going to need a multilateral solution that works for everyone. multilaterally smith's always better in texas is to improve certainty both for companies and tax authorities. but in the absence of a satisfactory global deal, which we're not expecting in the short term, it is understandable that countries want to take unilateral measures to tax the did . so call me better. and in fact, it might be a good way of racing extra tax revenue in the short run to meet the needs of the covert crisis in the absence of a satisfactory global deal. all right, we'll leave it there under dall back with action a thank you very much. thank you. alright, let's take a look at some of the other business stories making headlines. you got to report
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the coffee exports in april jumped 49 percent from same period last year. that's attributed mainly to productive shrubs and a spell of good weather reports that ex borders released more of their stock to take advantage of rising global coffee prices only as eigenvalue asian, about $10000000000.00. and it's coming wall street lifting. the swedish company, which is backed by chinese investors, produces based alternatives to dairy products like milk yogurt, ice cream. it's taken off recently, boosted by the rise of beacon and vegetarian dias. and staying with the food industry as the pandemic set up a transformation of its retail side where new army of grocery delivery businesses have benefited from the past year to disrupt the traditional supermarket, backed by billions of dollars a venture capital their rival could crack the domination of big chains. it's a race against time from this south london depot pickers, packages and delivery stuff have 15 minutes to get fresh food to the door of a nearby customer who's ordered via the we the app wheezy like it's london,
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rivals get here. deja and gorillas stocks, goods from major suppliers and local producers in so called dark stores in town to supply customers at similar prices to convenient stores, at least for new rapid services oper, right? in central london alone. and the trend has taken root in cities across europe. the big challenge that are facing is around profitability. and i think in order for this model to be viable, they need to scale. and there are a lot of horses in this race at the moment. so i think when we look to the future, we're certainly going to see some consolidation. and these rapid delivery providers might even be a good musician target for some of the big supermarkets. of course, the pandemic has helped enormously the arrival of the services market demand for convenience. and we'll drive for the next transformation in food retail. but they
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are likely to replace the weekly food shop because speed comes with a trade off. in order to be so quick, these rapid delivery companies have to offer a vastly reduced product selection, one or 2000 items, compared to around 50000 on the shelves of a traditional supermarket. but for shoppers with a need for speed, anything longer than 15 minutes may seem to slow up, right? that's it for me. and the dw business team here balance to check us out online. g, w dot com slash business and embarrassing the fight against the corona virus. pandemic. how has the rate of infection been developing? what does the latest research say? information and context? corona virus, not 19 special. next on dw, do the strong, clear positions,
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international perspectives. the past 10 days, i've seen the worst violence between israelis and palestinians in here and a deadly flare up between the israeli army and the militant group that has people the world over asking middle east crisis. what can stop the cycle assigned to the point in 60 minutes on dw, the the move in, we're still learning about covet 19. we know it came from an animal. but does that mean they also need the jap out very friends can become carry isn't the disease and in rare instances turn into a risk. corona's me safari.

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