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tv   Business - News  Deutsche Welle  November 24, 2022 4:15am-4:30am CET

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and the back of the net after an artistic effort in the 11th minute, the 1st of 3 goals for spain in the 1st half alone, they didn't slow down their faren taurus with his 2nd go of the match after the break. and then 18 year old gabby added another if on the score a convincing 7. no, that's it for now you're up to date. don't forget, you can always get all the latest news on our website, d, w dot, dot com. thanks watching. take care and i'll see a very simple thing for her. i'm just kinda, i think that's hard. and in the end this i'm me, you are not locked up to you anymore. we will send you back. are you familiar with this? with the smugglers with lions
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b. what's your story with. ready ready women, especially victims of violence in a labs and take part and send us your story. we are trying always to understand this new culture. so you are not a visitor, not the guests. you want to become a citizen in phil migrants, your platform for reliable information. ah, rare sayings of open descent in china. the protests turn violence and the huge fox con i phone plat stuff went out, forced for weeks to work and live on site to cut off from the rest of the world. are the chinese of battling just to find a job. we look at the struggle for grad,
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it's to enter a dried up labor market. and how you'd like to buy a football tape. the owners of one of the most successful soccer clumped 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 allowing people willing stick, smashing surveillance cameras and windows at the massive campus of the apple supply of gods chasing demonstrators. after months of strict code 19 controls and 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 bunk, tough with colleagues who tested positive. shares of folks con, have slipped by 2 percent since the unrest emerged in late october. folks con accounts for 70 percent of our phone shipments globally disruptions may shift some i phone sales from the key holiday period into the much quarter.
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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 fuck gone factory. and it must be really tough. i mean, already a couple of weeks ago when there were some, it's shut down. due to coven workers were only allowed to move between basically where they sleep and where they work at. what we do here from fox con, so far is that operations are running normally a couple of weeks ago. when we had those cobit cases, there were some estimates that apple might produce a few 1000000 i phones less than originally expected, tend to pin that down about 4 fifths of the iphone. 14 models are built in that
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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 of 14 in india, but to really get less dependent on this effect. 3 and china will take some time. and 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,
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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 hard for very few roles. leo's a hangs 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 nouns. a hang works in a fantasy board game shop, but he doesn't earn very much money. because of that cbs, charlie is finding a new social due to coven 19. and especially because of the strict hygiene measures, the job really only pays the bare minimum is holloway for full florida. the us,
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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 heard many of us wanting to go to work after we finished our bachelor's degree. but because there are no jobs, we're 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 hire pain careers. professors young be out. research is china's young adult at the max planck institute in germany. graduates live in a vicious circle of competition. ah,
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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 you to refer to a situation that you up forced in a pressurized to participate in competition 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. in his actual cultural legal between 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,
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and for the most things in our lives like work adults with you to look at that from you. studies show that fear is the dominant feeling for this generation. for decades, 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 clays of family say they are open to other options like you investments. but they're unpopular with the fan base and the team starts strike 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
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are also looking to sell is this a good time to sell, not just considering team performance when it comes to mad you. but with sports and entertainment spending type right now. i think it's, it's a good time to sell in so far as you have the president of chelsea club, that's a top tier club but not quite as renowned as liverpool and then united and they see these valuations. on the other hand, obviously the economy has slowed down since the chelsea deal and private equity in particular is a little bit in trouble right now. so i think on balance, it's a good time because of the, the brand. and why is the family looking to sell manchester united regulate? 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
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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 cash or i think liverpool has slightly different underlying motivations than that said, i guess i'm going to get you to speculate again. but as rinaldo is the part to 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 desmond banks 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 likely not, you know,
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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 with 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 clubs, when it comes to buys that were russian oligarchy, out of favor because of the war. and i would expect. so certainly
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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 chad. 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 would expect a premium over above that. so it 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 on 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,
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due to the pandemic, germany's oldest christmas market in traced and open 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 i stowing business with you. ah, enter the conflict with sebastian sham referendums in the occupied regions of ukraine and more russian troops are drafted into battle. my guest this week had his own unique protest, very spun very off a foreign service veteran resigned in shame of the war in ukraine. what are the chances of who to surviving the conflict? he started complet zone next on d,
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w o o. democracy takes back set us control of the essentials or digitalization offers europeans, many opportunities. but there are risks to consider as well. the future is being determined. now. europe revealed part 4 in our series in 45 minutes on d w. oh, hello guys. this is the 77 percent. the platform for africa. you to be beat issues and share ideas. ah, you know, or this channel, we are not afraid to happen delicate topic because population is growing fast.
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and young people clearly have the solution. the future belongs to the 77 percent every weekend on d. w. sham referendums in occupied regions of ukraine and more russian troops are drafted into battle. but the protests are increasing across the country. i guess this week has his own unique protest, very spun very off. foreign service veteran resigned in shame of the war in new.

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