w 4, it's jonathan harding, endo thank you so much for watching the w news. here's a quick reminder of our top story today. russia has launched fresh attacks on infrastructure sites across ukraine. the rockets have knocked down power and heating and several cities and caused massive blackouts. even in neighboring moldova, after the break, benfor sewland, we'll have the business news for you. i'm nicole really thank you so much for watching things . sometimes books are more exciting than real life. rare ring to read. ah, what if there's no escape? to w literature list laundry, german ma street. hey guys,

it's avalanche. are my welcome to my podcast. love matters that i and by celebrities, influences and experts to talk about all plain loved, beg from day to day. nothing less of all these things and more and then you'll see them off the pot. come, make sure to tune and wherever you get your pot path and join the conversation to because you know, if you love matter song d, w ah, rare scenes of open descent in china. the protests turned violent at the huge fox con i phone. plat, staff went out forced for weeks to work and live on site to cut off from the rest of the world. other chinese a baffling. just to find a job, we look at the struggle for graduates to enter a dried up labor market and,

and you'd like to buy a football team. the owners of one of the, the most successful soccer clubs in the world are considering selling at how much for a big facility. let's do business protests at the main fox con factory and china are intensifying the unverified footage. doing the rounds on social media is alarming. people, welding sticks, smashing surveillance cameras and windows at the massive campus of the apple supply of gods chasing demonstrators. after months of strict cobra, one thing controls of weeks of a closed loop production system cut off from the outside. the final straw for hundreds of workers was said to be a delay in pay. some staff complain of being bunked up with colleagues who tested positive shares of fox con, have slipped by 2 percent since the unrest emerged in late october. folks con accounts for 70 percent of i phone shipments globally. the disruptions may shift some i phone sales from the key holiday period into the much quarter.

let's bring it yes quarter. our financial corresponded in new york. how bad is this hitting apples bottom line? well, i mean, overall, more than 200000 people are working in that fucks gone factory. and it must be really tough. i mean, already a couple of weeks ago when there were some shutdowns due to coven workers, were only allowed to move between basically where they sleep and where they work. and what we do here from fox con, so far is that operations are running normally a couple of weeks ago. when we had those cov, it cases, there were some estimates that apple might produce a few 1000000 i phones less than originally expected, tend to pin that down about for pissed off the iphone. 14 models are built in that

factory, but at least when you look at the stock price, there was not a huge reaction. and here on wall street regarding apple socks. now apple is said to be looking at pulling out of china to a certain extent. how far are they with those plants? been that is the big trend that you try to be not too dependent from one facility or one area that is not just true for apple, but also for that company already. a couple of months ago, apple did start to produce them some of the iphone 14th and india, but to really get less dependent on the effect 3 and china will take some time. so they are already some steps underway. but you can change that or switch that from one day to another. we've also seen that more and more suppliers actually moving their operation, not just somewhere else in asia, but also more towards the united states. so it is clear a trend,

but it will take time for those changes to really have an impact in quarter. thank you very much. coordinated employee action is pretty rare in china. perhaps partly because the alternative to sitting around on employed is through intern oversaturated, jobs market. young, talented chinese graduates, a competing hog full, very few roles. leo's a hang studied tourism, but for half a year he searched for a job in vain. he's not alone. among young adults in china's big cities, one in 5 is currently unemployed noun. to hang works in a fantasy board game shop, but he doesn't earn very much money. because of that cbs, charlie is from new zacko due to coven 19. and especially because of the strict hygiene measures, the job really only pays the bare minimum, is holloway for full fuller years the hang lives in his grandmother's apartment. so

he's able to make ends meet even with very little income. he hopes to improve his chances with another degree. first of all that i for many of us wanted to go to work after we finished our bachelor's degree. but because there are no jobs were continuing our studies. it's ingrained in the social consciousness . people have to study in order to get good jobs. but as a result, the number of people continuing their studies after school has risen sharply in recent decades. in 2010 only 24 percent of a cohort went on to university. compare that to the current figure, which is at 58 percent. now there's a supply and demand problem to many well educated people for higher paying careers . professors young be out researchers, china's young adult at the max planck institute in germany. graduates live in a vicious circle of competition. it basically means that you put the

more and the more effort and the leslie. and it's a very tiring process. but the with no real meaning. and off to eat the referred to a situation that the you up forced in a pressurized to participate in petition a without to end the end, the inside due to poor job opportunities. many are turning to further study even if it leads to over qualification. a business model is evolving from the energy of these young adults, similar to co working offices, some are starting to book desks for studying by the hour. eugene ming spends 20 hours a week hitting the books. he already has a master's degree in civil law, but because his job is on the line he wants to improve his odds with another degree . he was, i told, will call social legal bullet exam systems are one of the few systems that are fair . as long as you put in enough work into studying,

you'll be rewarded accordingly with good grades. it's more direct, easier and fairer than most things in our lives like work adults with your daughter that go from you. studies show that fear is the dominant feeling for this generation. for decades, the steady growth gave everyone a sense of opportunity. but the current, gloomy economic figures are now hitting the younger generation. the owners of manchester united could be putting the club up for sale. the premier league most decorated club is worth some 5000000000 pounds. american owners, the plays of family, say they are open to other options like you investments with their own popular with the fan base. and the team starts striking christiano. rinaldo, who just quit saying the glazes, don't care about the club. it's been listed on the new york stock exchange since 2012 menus on pitch performance has been lacking. steve guns is a football lawyer who's worked with family sports group. now, liverpool owners who are also looking to sell is this a good time to sell,

not just considering team performance when it comes to matthew, but with sports and entertainment spending type right now. i think it's a good time to sell in so far as you have the pressure of chelsea, a club that's a top tier club but not quite as renown as liverpool and then united and they see these valuations. and why is the family looking to sell manchester united right now? well again, in both cases when it comes to man, man, united or liverpool because liverpool is also announced. i can only speculate. i'm not on the inside. i think that the thing that's equal for both clubs is, is in light of the chelsea deal. valuations are extremely high right now. i think with respect to man united itself. you know, it's been

a long road since 2013 where they have not been successful. they've had tortured relations with the fans. and a certain point. they might think this is the time to capture. i think liverpool has slightly different underlying motivations than that said, i guess i'm going to get you to speculate again, but does read all those departure play into this? you know, i've seen a lot of speculation about that. i don't really think so when they make an announcement like this usually means that they've already engaged, you know, decimal bags and that sort of thing. and i don't think what's happened in the last week or so is the final straw per se. it's probably validates maybe some of the frustrations they have, but i don't think you make an announcement like this before you. you've done a lot of planning and thinking about it. so what? so likely not. you know, that sounds romantic when it comes to buyers who can afford such

a big football club? i guess the saudis, above right now. yeah. obviously, you know, one of the developments is, or is sovereign well, funds buying clubs for better or worse. that obviously wouldn't theory be a possibility private equity of course, but again, they're having some problem raising debt in these deals. but i think for the right deal they could still do that. and then of course, just individual billionaires that might put a group together. and these, it's important to note that these are the 2 most iconic english clubs in terms of having a worldwide following. so that there's going to be extreme interest in, in both of these quotes. when it comes to buys, though, a russian oligarchy out of favor. because of the war and i would expect so certainly. and when it comes to the price, how do you put a price tag on

a football club? in this case, 5000000000 pounds. i believe. would they get that? well you can't be sure on that one, but i do think that the chelsea deal which which broke new ground is certainly a benchmark. and i would expect that both liverpool and man united based on that price, i would expect a premium over above that would put that it's sort of in the, in the level and numbers that you're talking about. plus, you know, the forms taught 50 clubs in the world just came out and values it between both clubs, between 4 and 5000000000 football boys. they've gone. thank you very much for coming all the show today. okay. my pleasure. and finally, germany's festive season got off to its official start today with the opening of traditional christmas markets across the country. after being shut down for 2 years, due to the pandemic, germany's oldest christmas bought it traced and opened to tourists and locals. this

year there are 20 percent fewer traders offering their goods for sale, sign a bunch of make and i'll make times and prices reflect. rising inflation or damage is done by be sure by i stole business with you. ah . in a globalized world where everything is connected, all it takes is a story to set things in motion. local hero show how their ideas can change the world with global 3000. next, on d, w ah, business is booming at moodle. there's only port and it's boys for even further

growth in important economic factors, but also be endangering the country. the port also transfer shipment from ukraine. how warranted our fears of a russian attack made in germany in 60 minutes, long dw, ah, we're all good to go beyond the obvious a as we take on the world. 8 hours. i swear all about the stories that matter to you.

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