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tv   Business - News  Deutsche Welle  April 24, 2023 4:15pm-4:31pm CEST

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well, let's get a reminder of the top story that we've been following for you at this hour. the united states has warned that millions of civilians trapped by violence in sudan could soon run low on food, water, and medicine. thousands of or nationals are being evacuated from the country. that is your news update office hours. there will be more for me and 45 minutes time for now though, coming up after a short break is our business program. with rob likes. you can also check on our website at w dot comp. i'm klett, richard, st. berlin from the team. thank you so much for watching guardians of truth. my name is john dinner and i have paid almost every price of being a journalist in a country like to key taking on the powers that be they risk everything
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john don't dar? asks activists, journalists and politicians living in exile is too much on my shoulders. but i have to hold this weight because i'm responsible for the future fall country for the people who are behind the bus. they move for their mission. people need to know what is happening there in our series guardians of truth, watch know on youtube, d. w documentary with awe is fast fashion, still putting lives at risk. it's now 10 years since the bangladesh garment factory collapse killing over a 1000 people a decade on to the dangers renamed and have germany businesses. the pandemic behind
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the search suggests they might have missus database business on reports in berlin. welcome over a 1000 lives lost in an instant. the collapse of the ron plaza. textile factory in bangladesh shown a light on the appalling conditions faced by many of the worlds factory workers. now, exactly 10 years on of lessons been learned. memories of the nightmare. okay. cartoon still has these images stuck in her head. she was working in the ronna plaza textile factory near bangladesh, his capital darker. when the building collapsed, more than 1100 people were killed, ro care was seriously injured. or did i look welcome of love with this? in lieu of that i will never be able to forget that day. look at the memories of it . make me incredibly sad, moto, to say,
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got them. i feel like i'm still buried under the rubble of them. is the bag with them when i think back on it, i mean the world is collapsing on me. i wish so much that i could just forget all this and go back to normal life. the hope of the sewing machine in her sister's room is a reminder of her old life. she could no longer use it. the injuries were care cartoon suffered or too severe, a monument to remember the victims has been built at the sight of the collapse. the once bustling area is now overgrown with nature. many lessons have been learned from the accident, says abdulla our keep, he own several textile factories inspections. officials have awarded his buildings for being sustainable and safe. after that they indicted county activity went down, and the resiliency walked out of the de facto nor lead the government,
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the even the brand partners, they all work together and we actually invested into all those. so the state of the art of facilities, there are now legally mandated controls regulations on how many fire extinguishers must be present. a minimum size for emergency exits, members of the workforce who must be trained in rescue procedures. but the standard isn't this high across bangladesh. working conditions in the textile sector are still dangerous, even though the textile industry accounts for 80 percent of the country's exports. another issue is the low minimum wage. it's barely enough for millions of people to survive. wages isn't poor. $8000.00 taca and it's a huge in slash and now for workers is to tough, you know, to maintain their baby maybe. and they're cutting them not only from the and else
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from the children's to this is something okay. a cartoon can relate to before the collapse, she sometimes worked more than 12 hours a day, earning roughly 50 euros per month. now that she's unable to work, she relies on her brother in law for financial support. still, she is grateful for a 2nd chance at life, and she doesn't want to let it go to waste under any circumstances. well, let's discuss what has or hasn't changed in the decade since the tragedy at rhonda plaza with al cooper cigna. deputy general secretary of uni global union, which represents service workers around the world are crisp, is the place to start here. 10 years later is to ask, could ron plaza happen again? well, thank you for talking to me today. unfortunately, i would say we are not in a situation yet in the world where i run a plot. i could not happen somewhere else in the country. i believe,
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and by my dash, we have made a lot of progress. certainly the factory that have been covered by the court are much, much safer than they were 10 years ago. but only at the beginning of our program, which we're planning to expand into our country, and i would say the risk and industrial disaster off the dimensions of run apply happening in another country is not unlikely record you mention this has been signed up to by many brands, but what does it require of them and how has that brought about change in the past decade? following around a plaza, come up in 2013, be signed an agreement with the leading global retailer brown's. they have signed a series of additional agreement following that $1.20 companies worldwide signed on to this agreement and then made a commitment to 1st of all require the facts reset. they worked with to make the
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building safe behalf and agreed a standard that is agreed with the government of bangladesh and through engineer conducted audits by the program that we have to have established. the factories have been required to make changes so that workers are safe for they go into the factory. but in addition to that, and that's a very important part of our program, we have trade both workers and managers in the factories to set up health and safety committee and to be alert to understand what requirements there are for a factory to be safe. and a very important element to be included into this agreement is also the work of can actually make a complaint about issues that they're finding in the factories. we have an independent complaint mechanism which is recognized as the most critical, incredible complaints mechanism out there in the world. the factories can be reported when workers find that there are safety issues. and those reports will be
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investigated by the, the team that we have on the ground in front. and then we'll be taken off that does any of a bangladesh right. seems like that has been a progress over the past decade. be sort of hinted earlier that beyond bangladesh, there are concerns in other countries. where should we be looking to now to spot the sort of potential for something like ron plaza? what we have done this, the international court is to look at a number of countries in the browns and have signed this agreement or sourcing from and we have identified pakistan if the next country that break spun india or to or in discussions with the government of pakistan very discussed that the brands with the industry in pakistan about setting up the program there, which will take the lessons learned from bundle dish and include the same elements which are inspections and remediation and safety training programs. for managers
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and workers and complaints mechanism. and people i developed those into a specific program for pakistan. and that's the 1st country we're going to be have of course, the ambition to expand our program into other countries as well. but pakistanis, the next one, we're going to start operations. now i remember back 10 years ago after the tragedy that there was a lot of soul searching among many of us as consumers, thinking about what have we, in any way contributed to what's happened here by the choices we made. in terms of how much we're willing to pay for certain products or who we buy those products from. is there anything that consumes can be doing to play their own parsons and preventing the sorts of conditions forming that were the conditions that allowed ron plaza to happen? one thing, it unfortunately has not improved as much as the safety in the, in the factories is the,
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the be doesn't salaries that are being paid to the factory workers. and a lot of that has to do with the price is that a brands are prepared to pay for the product that are being made in those factories . that's a problem that we're seeing. it's not part of the program that we have, but it's certainly an element that needs to be developed and consumers can make the contribution by 1st of all, checking there been the did the process of buying are being made to lead. first of all, make sure that they come from a c factor that is covered by the court, but also by requiring, asking off the brand. so they bind the products from asking them to pay fair wages to the record, making the products ok. capacity from unique level union. thanks a lot for joining us on t to be a business. to pleasure, thank you. now let's take a look at some of the other global business stories making the news. it was expected to be credit suisse is final quarterly report records show that the bank saw over 62000000000 yours with withdrawals. the 1st 3 months of this year that it
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was able to increase profits because it's higher risk debt wiped out, suisse was swallowed by u. b. s. in an emergency taken one day strike it to made a german, apple. this is grounded hundreds of flights. the war, counted berlin and humbug. apple was ever pay for security. work is ground crew. your logic economy has seen increasingly disruptive strikes in recent months. as unions representing work is in many travel sectors. demand better pay and german business competence edged up in a role according to a recent index reading by the german folk institute of economic search. optimism was bolstered by falling energy prices and china's reopening, but was offset by concerned about higher interest rates. last if i was president clements 1st, what german businesses are seeing as their main challenge right now?
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i think businesses still face a lot of uncertainty regarding the energy supply and the energy price situation. maybe not in the summer about in the next autumn. we may be back in a critical situation because we are not able to get up on stalls with gas from russia, so that has to come from somewhere else at the same time based of course, uncertainty about the ukraine war and about relations to china. china is very important market for german companies. so there are worries here, and they're also worried about the impact of higher interest rates and more restrictive monetary policy only economies. so it's not quite clear how inflation, the pressure, how far it would go down and how quickly. and the companies are worried about that also because the real incomes of consumers are depressed and it's not, not, not clear how wage settlements with you with that. interesting,
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you talk about general issues that being a factor and you talked about in the interest rates, et cetera. the pandemic of the impacts of the panoramic on sentiment and, and how businesses are assessing that, that their situation are they gone now? is that in the past, i think the pandemic is behind us, apart from the fact that the supply chain disruptions are an effect, or a consequence of the pandemic, mostly about that is also easing at the moment. so i think the pandemic is more or less behind us. of course, this is left scars in people in their education. they'd has left scars on balance sheets of some companies. but the, i would say the current concerns, i'm all about energy supply and about geopolitical tensions. ok if a president clemens 3,
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thanks so much for your time. thank you. that's all from man of business inherent berlin until next time. ah ah, they're always with us. everywhere we go. our smartphone. maybe but for how much longer technology experts say that era me over. but what comes with a look at life after the smartphone? to morrow to d. w. with the trio taking on nigerian trafficking that works
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a lot to finish with the when it comes to trafficking nigerian women feel sick. so they're always saying the same thing about you get to go without having to pay it. obviously that's all align m n a forms. yes. and then we succeed in restoring this young girls ability to treat it. it's something that really is price and met a man that gives me no to what i do. the trio, combating, shooting, dealings starts april 29th on d, w. ah, i world is becoming increasingly digitalized. smartphones are most common connection to this new way of life. but the technology used to communicate with people and objects is getting more and more sophisticated with a smartphone soon be a thing of.

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