tv Kulturzeit Deutsche Welle June 18, 2021 12:30pm-1:01pm CEST
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ah, nice that i would never have thought they could be live so openly and so freely my company to remind myself because i grew up in a completely different way for me is fraud. it's the station jewish the 2 port documentary starts july 5th on dw. ah, the federal bank go green, the bank of japan unveils a plan to launch a new scheme to fight global warming. the european central bank is also in climate towards an army of unemployed because of crisis spots a big drop in youth employment. many young people give up the search for jobs and providing the verbal decline, spain, 1000000000 years in
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a funded countryside areas, money pitch, or will it make a change as well? then let's do business. the task of central banks is to provide for price stability . but as a new role, many of taking on the bank of japan is launching a scheme to encourage financial institutions to boost lending and investment for fighting climate change. it's taken. analysts by surprise, that federal bank will release an outline of the new policy at its meeting next month. jo, jason climate change could impact economic activity prices and financial stability long term, and must be addressed. policy makers highlighted the extremely large impact. climate will have on the japanese economy. as part of the plan, the central bank would direct the fund commercial banks to hand out loans, the green projects and the scheme is to be launched by the end of the year. well michael pan joined us from tokyo, chelsea delaney from frankfurt to chime in on the story. chelsea of course,
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giving us the european angle, the european central bank head into climate talk today. michael, starting with you. how exactly is the b o j going to achieve its goals? well, as for the precise method, as you mentioned that the lead up, they haven't designed the policy yet. that is something which is coming in july and is supposed to be launched by the end of the year. however, we do know that their basic model is what they have done to sort of encourage economic growth in the past. now they're kind of shifting some of those economic growth policies over towards green policies and under the super government, much different from his predecessor. and he's really emphasizing this push to develop green industries in japan. and this is something i meant to give it financing and a push from that direction. chelsea, how's the be tackling? that's easy. we also have been formalize this plan. they're expected to come
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forward with this strategy review in september, but there are a lot of different ideas floating around about how they could come forward and how they could actually achieve this. probably the most ambitious would be to have the e, c, b, stop buying the bonds, buying the assets of climate intensive companies like fossil fuel companies. and probably the least ambitious is just for the b to update its modeling to include climate change risks and how it models for economic growth and how it models for things like inflation. but there still is a lot of controversial here in europe over this proposal. in general. countries like germany have really been very me against this idea of including climate risk and central banking policy. they say that's more political than something a central bank should be tackling, but we have seen that to some degree more cohesion over the idea that the central banks should be addressing climate change. you're talking about modeling and games,
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recommendations, policies, what sort of influence do central banks have on something like investments chosen it could be usually important for climate change efforts. central banks are really the nucleus of our entire financial subsystem. they keep money flowing to companies to governmental to people. and we've seen how effective that's been during the panoramic as well, or one of the largest asset holders in the world. they own trillions of dollars worth of company bonds, the company stocks. so if they do decide to start d, incentivizing certain fossil fuel companies that could send a very strong message to, to the rest of the world. more than just a message. i guess, michael, what are the chances of other asian central banks following suit? well i think that if you look at sort of the global trends on climate change and
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business, i think chances are that probably every central bank will eventually get in. and this is just a matter of when, you know, there is, does seem to be a much stronger recognition. what you're really seeing, i think the last couple of years that, that governments need to get serious policy. and you know, with, with more leadership now coming from places, for example, in washington and europe. i think that asia will also be right there with it to within the next couple of years, i would think getting serious. i'm going green central banks and governments. michael pen. thanks for joining us today. chelsea delaney, thanks for your coverage from franklin. we want a human centered recovery as the call to action made by national delegates that this meeting of the international labor organization that covered crisis has hit the services that the hard and many of those who lost their work would young the number of those not in employment educational training is manageable in some
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industrialized nations between 5 and 10 percent in germany. and in most european countries, the united states rate of use unemployment is 13 percent. it's 18 percent in china . but in developing economies, or most of them are almost a quarter of brazil's young people, for example, are out of the labor market. india, nigeria, and south africa have used joblessness of over 30 percent. some crisis in water countries or even was almost half or used in afghanistan, iraq and yemen without a job. the president of the european commission is touring the you to secure approval for a recovery plan that could help those jobs. it'd be financed by the blocks 750000000000 euro corona virus rescue fund, which is 2 issue common bonds for the 1st time. was found a line so far secured billions in grants and loans to greece, portugal and spain. the plan puts forward crucially forms to modernize to modernize
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the labor market. it will boost youth employment. so important. we all know that, i mean, this is the young generation that has suffered so much during the pandemic. so it's worse really to invest heart into a vocational training and universities and schools to make sure that there's youth employment for young people. will spain is committed to spending about 10000000000 euros from that funds to arrest the decline of its economically deprived rule regions. a lack of jobs is seen the country lose a 3rd of its rural population in the last half century. they think many towns dying or dead. for those still there, the economic gap with their city cousins is fast. the we're exploring the kid welded in spain. the region hit hardest by rural flight. the village of abil wheeler used to be home to 500 residents. now only $24.00 of them remaining about the families that left use their houses here as
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a vacation residence and keep them wilmington. but there's not a single stored left in the village. no school either, no village life, according to the local mayor, mentally or she's been battling for years for more stays for better transportation links, faster engine level symbols, amolla will be and we were always at the back of the key ones. so we have the same rights as anyone else if you need a car for everything here. if you only want to haircut, because there are no services in the village and the just because there aren't enough customers, it almost if we had more people, we'd also have a shot hair dresser and a medical surgical standing. at least they're still a bar. almost everyone still living here is retired on a pinch and what does a little funny side?
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there are no opportunities for young people, inadequate. without them the village has no future. the hastily enough would be great if a family could move here and find some kind of work anything but without income, that's not going to happen. and the village just keeps em clean. for looking, i meant the field over 3000 villages in spain suffers from rural flight. another one joined the list every week. the economic gap between rural and urban areas is dramatic in the provincial capital area where the regions politicians have been complaining bitterly about central government lethargy. now madrid says it's going down 10000000000 euros from the use corona virus rescue fund is been earmarked for disadvantaged regions because i know that his
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transportation links are important until communications connections more by on high speed internet should be available in all localities. because the future is shaping up to be at places where the work is in the cloud. and the worker is where they want to live in a hostile and you'll be able to have a whole lot of stuff. but they say, you know, but that's like use ahead of work here is in the fields and so far, no one has spotted anything resembling a digital nomad. the small west african nation of taco was dependent on close ties with its neighbors. but its borders have been closed during the pandemic, and that made trade tricky for many small merchants. its been nothing short of a disaster lane go got cells, textiles and close at markets, and the tow gleese capital low may, but she's barely had buyers for months. customers from neighboring countries are staying away, and the locals don't have much money. full model in my energy,
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everyone, molly and nigerian, they used to come even if we said it wasn't ok, it was fine. i stepped out now, but now everything is on its knees. i've been here since this morning and i've only sold one loin cloth, but i have a family at home to feed. many mouths at home to feed was gone already. emmanuel, so got the president of the toe go consumers link, watch to the traders, drama, unfold every day. he's been in contact with the government about the situation. several time calling on the authorities to reopen the borders fast. because trade and togo is heavily dependent on its neighbors. last year, economic growth flowed to 1.8 percent from an initial forecast and 5.5 percent. and now prices are rising. public transport costs have gone out. and the price of basic necessities have gone up. there are difficulties for consumers travelers
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crossing borders and there are also higher prices in almost all services. and so everyone is trying to transfer the impact and it's the consumers who are suffering live in turkey. toes last wave of the corona virus was in april and at the moment, daily infection rates are in the lower double digits, but hardly anyone here is vaccinated and the hospitals are poorly equipped. people here are hoping for a rapid reopening so that they can put this crisis behind them. finally, a pretty little story for you, a big one. actually, italy returning a huge hole of illegally traffic cacti to its i am in chile. it's believed to be the 1st time in history the confiscated plants have been sent back to the point of origin. back in 2020 the wildlife unit of italy, military for lease discovered more than a 1000 of the brave plants at
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a house from italy's adria to coast. they had been stolen from the african desert, some of them a centuries old. the total whole is valued on the black market at over a $1000000.00. many characters close to extinction, trafficking and bio diversity and threaten others. doing business with the news. the fight against the corolla virus pandemic. how has the rate of infection in developing? what goes to the latest research information and contact the corona virus. 19 special next on dw
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interest, global economy, our portfolio d, w business b on. here's a closer look at the project. our mission. to analyze the fight for market dominance versus west. ahead with the w business beyond me, there are populations across the world cove at 1900 vaccines are struggling to reach some of the worlds countries and communities are also some of the most jazz, wary countering, deeply held believes as a tall odor, especially when historic inequality and health care itself is partly to blame. but
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one campaign and berlin is paving away. how can skepticism in these groups be overcome? hello and welcome tara cove at 1900 special. i'm chris cobra and dylan. here in the german capital, the vaccination campaign across the cities refugee shelters, was delayed large parts because of supply issues, but also by the spread of misinformation, mainly on social media. with the help of an education campaign vaccination take up is now increasing the back to a little normality in this russian g. shelter in berlin. suing classes resumed today, didn't habitants are delighted. for most of the pandemic, the home was very, very quiet. smoke i called on my case, i was in touch with many people the for corona and i used to go out to lunch, but now i cannot meet up. students depends. it is very difficult for me to get
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a baby new. i want to pen demik to and so we can have contact with other people, again, thought about the contact issue or some other, some residents know that getting vaccinated helps protect others, and my independent mach most are wary of getting the job. that's why this group of doctor's social workers and interpreters visit refugee home to convince the most reluctant to sign up for an appointment. i didn't feel a lie to. many people were very afraid. they would become in short time get through bosis. this was much discussed in the media which also steer the fear amongst the residents too much easier on what about to lose the spot in the one of the short due to the high risk of him section shelters refugees where almost top priority in germany, vaccination efforts but various delivery bottlenecks and approval issues have
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delayed the campaign. even though this is now sorted out, social worker says it takes a lot of convincing for people to take the job, which is it is important that you make them feel acknowledged. and so there's no wrong question. and we use interpreter's directions. you can ask questions in their native language, articulate themselves better, a few more it is in the conversation. english way. by the end of the afternoon, the doctors have met with around 20 people. face to face contact is key to success . in some refugee shelters, readiness to get vaccinated has jumped up to 80 percent as a result of the information campaigns for more or less bringing lena cement. she is a senior researcher on poverty and inequality at human rights watch. welcome to the w, alina in our report, we just learned about the reservations people in refugee camps have towards getting
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vaccinated. the see a similar pattern with people living and other precarious conditions. thank you so much for having me. i absolutely do. so what we see is that the, the high, any quality, especially economic and quantity that existed before the pandemic, as really translated into concerned in terms of access to the scenes. and also the interactions with governments. and many of the populations had been left behind by government for so many years and decades. so in, so it is really not unique to refugee population. in fact, in the united states, we see that black and brown people often who had disproportionately higher infection rates initially, or they had more hesitancy towards vaccine and out of the fear of cost. so what, what are some of the cost of the cation, but also it due to
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a long standing neglect of the government and mistrust, and the government? not these vaccination guy, nevertheless, are part of the reason why the economy, at least in many countries in the west, is picking up again. but just say that low income households are at a particular disadvantage in that recovery. why is that? it certainly depends on the, on the country context. i would say it interestingly, even to, to take a step back. i think what we see is that the global and quality meaning inequality between countries. here is a huge risk that low income countries will be falling further behind. as we see there's an equality in access to the scenes with a higher income countries. having hoarded much of them and, and now having disproportion access to them. but at the country level, they have already been signs of, of the lack of transparency and access to the teen corruption that often favors
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certain groups in getting access earlier. and here low income people have been a disadvantage. another reason why is that in low income communities and neighborhoods health care is often lacking and is not available to the same extent . so people have to travel far distances to reach a health care center and get access to that. if we look at the economic impact of this pandemic meal, millions have lost their job during this time of prices around the world, particularly in the service sector, and then low paying jobs. now, with economies reopening, won't these jobs? will this opportunities for people come back? not necessarily him and what is very concerning is that we saw that especially low income jobs have been lost at a much higher rate than by paying jobs. and one of the concerns is as countries
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opened by gob, those won't come back to the same extend you've seen as in previous crises and recession after the 2008 crisis. for example, besides many of the low paying jobs have not come back and many people who but pushed into poverty or unemployment did not necessarily work, can rehired, once the country recovered. and so one peter really pushing for is for countries in a recovery phase to kind of consider the, the employment effects and a long standing effect, especially ongoing companies. now, speaking of recovering to varying degrees, governments have been trying to support people that have been particularly hit by the ben demik. are you worried that this sort of support could be a one time effect? very much so it's, it's been an extraordinary year and we've seen countries respond to the crisis in base. they never have before. so the amount of money that have been poured into
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relief programs and dissimilar packages has been quite impressive. but we and human rights much we've done analysis and about 2 dozen countries. and what about their relief programs? and what we've seen is that many measures were highly temporary in terms of cash payments that we receive populations at one time. but aside from that, the ortho concerned as countries have taken on more and more debt to fine and fees, recovery and relief programs. that as countries have to serve as these that they were introduced harsh asperity programs that are harmful to human rights. they may rely, increasing the on the private sector to deliver essentially public services such as health care education. and they may conduct further cut to social protection programs that are so essential, protecting people from poverty and equality, leave us a message seen or research her at human rights watch. thank you for your thoughts.
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thank you. and up next is our science correspondent, derek williams, answering your questions about the pandemic. oh, does cusack 191215 minute? there are 2 facets this, this multifaceted question that i'd like to talk about. the 1st is of course, the straightforward issue of what the virus does physically to an average young adult as compared to someone who's older and they are the statistics. tell a pretty clear story. cove in 1900 mortality increases dramatically with age. let's look at recent data from the u. s. more than 4 and 5 deaths there have occurred in those over 65 and fewer than one into 100
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reported deaths have been in people under 30. but as vaccinations rise among the elderly in countries like the u. s, doctors say that the average age of patients who are being hospitalized with the disease is dropping dramatically and that many of those younger patients will end up with conditions like crippling damage to the lungs or the heart. so, although cobit 19 is a lot less likely to kill a young adult, there are still really pressing reasons to get vaccinated because getting it can have devastating long term health consequences. the 2nd important facet of this question is, is the pandemic, emotional, social, psychological, and economic impact. it's affecting every one of every age, but is experts say in many ways hitting young adults especially hard and,
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and that a key time in their lives. there are no warning that due to lock downs and other measures generation cove, it is facing shortfalls in opportunities for, for crucial self development. many young people are rising to the challenges, but it's not colleges. and other therapists in many places like, like here in germany are also currently being overwhelmed by this tidal wave of young adults in need of help. and, and a lot of those professionals now say that even the furious toll taken by infection in today's young adults could, in the long run, be overshadowed by the impact covert 19 has on the groups mental health me. and before we go, taiwan has produced its 1st home grown covered 19 vaccine. magine vaccine biologics
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has applied to the taiwanese government for emergency authorization of the jap. taiwan is currently facing a surge of domestic infections, may worse by shortage of vaccines. less than 5 percent of the population have so far been inaugurated. that's our show for more you can always in our website at w dot com slash covered and chris cobra and berlin, thanks for watching. the news. the news. the who's, who's
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the to the point and strong opinions, clear positions international perspective the whole life this week have been on the highly anticipated meeting in geneva between 2 very powerful met. famously. don't get on well. so was it worth the wait to find out, join me and my guest on the way to the point,
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the very v. w 3, the in good shape, the harmful substances inside our home. they come from cleaning supplies, cosmetic products, and even new furniture. what unknown dangerous linger within our 4 walls? our expert check it out. in good shape. nonhuman is on d. w. o. oh, the news. when i arrived here, i slept with people in a room as a nice to me. it was hard,
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fair. i even got white hair is learning the german language, hit me a lot. this kid to me and critical for trinity to instruct you want to know their story for migrant verified and reliable information for migrant. imagine how many pushed us out in the world right now and climate change. if any, off the story, this is much less the waste from just one week. how much was going to really get we still have time to go. i'm going to subscribe for more like ah,
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the news? this is the w news live from election day in iran. citizens go to the bose to choose the new president for the public spot with nearly all reform is kind of far from running. what choice do people really have also coming up approaches not once, but twice. we follow that group of impoverished venezuelans who walk for weeks back
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