it is reported ongoing gun fire and explosions in the capital of car. too many civilians. they remain trapped with food and water running. look rob watch is up. next. we're the dw business news. i'm brent golf. i will see you right here again tomorrow. with lou time for a brain update because this orchestra called the brain continuously adapts itself. and so we ask

a few astute questions. are we smarter? swarms? are you a psychopath? wouldn't causes monster waves. how powerful are your thoughts? we can control our thoughts, which makes us very powerful questions about life, the universe and the rest that were series. 40 to the answers almost every thing this week on d w ah, ah, the world bank edges, governments to embrace immigration as many countries faced aging and shrinking populations. a near report says, finding foreign workers has become economically essential with from one of his

swiss bank u. b, s is its profits falls sharply that says it's reluctant to take over of credit suisse is not to blame. and mechanical cooks in the canteen, meet the robot chef that could revolutionize how companies feed. there is a state of your business on what's in berlin. welcome to the program. the world bank is calling for better migration policies across the globe than its latest world development report. it says, there's an opportunity to make migration work better for both wealthy and low income countries. the report says that many industrialized countries are facing diminished populations and intensifying global competition for workers. while low income countries are expecting rapid to population growth, adding pressure on young people to find jobs, the world bank is also pointed to the number of refugees tripling over the last decade with climate change threatening to feel more migration. well,

let's bring in savvy a de victo, the co director of the world development report. so one of the authors of what we've just been hearing about and can i ask you, are governments failing to grasp the importance of migration to their economic futures? many countries are facing a huge demographic changes. think about this, italy by the end of the century, will have its operation could by half spain by one 3rd. so the question of all these countries, how are they going to find workers to actually take care of energy condition? but what's also interesting is that it's not only about which countries even meter income countries are facing similar challenges. countries like gladish, india, mexico, turkey, tunisia, all have both rates that are below replacement levels. and so in this context, migration becomes absolutely critical for countries to maintain their current

levels of prosperity ought to advance in their developmental falls. but nevertheless, in many countries, immigration is actually unpopular among the civil population. so how do governments go about making the case for bringing more people into society tickets? i'm like now when we have economic strife in so many places. well, one much star. he was bugs door, you know, a few months ago they were huge strikes and demonstration to france because of an extension of a retirement age by 2 years. but if you think about it, there would be a need for a much longer extension of a retirement age. is the demographic challenges are much dressed. you see when their pensions systems were established. they were on average $5.00 to $6.00 workers, for each retiree. today got 2 and a half and it's still going down. this is an important fight that can help baze

a debate on it on it. i can help with the debate from a different business. i'll just look at the number of the shortage of hattiesburg as a quasi. you once again without a issues that that need to be, that was there's another set of facts though, that one could start from which is already lives by medical doctor is from india, my kids economies to chose some georgia the guy who came to repair my ac the other day i'm, it's your job, my cleaning ladies from columbia. you know, it's been open wrong with you so many migrants while making a strong contribution for our dated eyes. but do you not get the feeling that that argument isn't currently being one? the argument in favor of the benefits of migration given you know, how populism has been, i was take hold in so many places in anti mike and rhetoric remains

a big problem in so many countries is that all human being one i think what we have to do is to us, so we can now note all night, once i was saying one micron spray skills that out to match for the needs of the decision economy. everybody games, romance, registration country, the country origin. right? and that's what we see when people come with a, you know, nurses, the engineers or be, they're just, you know, special i, factory workers congress. busy all right, i think the challenge is, what do we do when people do not agree skills and how do we might have charged now this is a relatively small number of microns compared to a vast majority of it. but the reality of that has been extremely difficult to my heart and situations in a manner that is both effective and, and you made a lot of debate about my question folks from the situations i'm from the

difficulties in biology such sort of problems that he had a victim there from the world banks, well development report, you actually see an extended version of that interview on the d, v. d to we news each of channel and c dot com slash business. now moving on, swiss banking giant u. b. s. has reported a profit drop of 52 percent for the 1st quarter is due to higher expenses related to ongoing litigation in the us surrounding the supply market crisis according to the company. additionally, e b s was recently forced into taking over failing compared to credit suisse. u b. s. is that it helps to complete the takeover deal before july. that $3000000000.00 deal was pushed through last month by the government, central bank and financial regulator. that's actually discussed situation us further with hands pay to bern, calling from university of holland high thanks a lot for being with us. would you be us really rather not having to to handle the

credit suisse take over the moment? i think employees would prefer not to do so. i mean that would work and hard to get back on a good track and a good track and the neighbor hasn't done his work. and now the get his work on that table. they really hate that. and although with regard to competition for you b, as you could say, to have less competition to switzerland. but on the other hand, is large banks as a global bank. so their competitors are not necessarily what's solid. so it leads to a lot of trouble inside the bank to get back on track with all the new employees coming over from credit space. and if the profits they can additionally get from this take over, will cover the last. we don't know at the moment it looks like a fair deal. the price of b. s. price of so she has a with i was more or less where it was before. we heard from credit suisse the extent to which deposit is done withdrawing money just before the rescue. $70000000000.00 is taken out of credit suisse. we also heard from just recently our

1st republic as i was saying, 100000000000 was withdrawn from them in the 3 months before that crisis was the actions taken by the authorities in switzerland and in the us enough to prevent contagion that have almost so. so, so worried about and for a much wider crisis to develop well, did you react very fast and with lots of strong decisions? so similarly for the moment that was the last question is how many more cases like that we will, will we get in this phase of increasing interest rates? it definitely lead to trouble at the balance sheet, all the bags. so are they able to react the same way again and again, and how many of this case we have to cope with? it's something we cannot see right now. that might be some more cases. is that too many might get into trouble? and how close do you think we actually came to seeing credit suisse collapse. now that we see just how many, how much money was taken out by well,

that's outside of you, but inside our safe, very close. because it's the only justification plus a harsh and very, very speedy bear. so say that took to save credit suisse and get it and does the umbrella of u. b. s. otherwise, there would be much room for discussion. and there are some people criticize. let's use this decision for now, but actually we see from the price of b s. b s got more or less a fair deal. they don't really profit from that. ok, hands pay to burke off. thank you very much for speaking to us here, and it will be a business pleasure now to some of the other global business stories making the news. netflix has announced plans to invest 2 and a half $1000000000.00 in south korea over the next 4 years. all to produce korean t. v series, movies and unscripted programming. this move doubles the amount. netflix is invested in the market since 2016 se. squid game is netflix, as most watch series for mcafee restaurants in russia have reopened in moscow as

raw sticks. the new owners say the food will be the same as the former kasey man here, the 1st one opened shoes day, but dozens more expected to happen. next month, casey's parent company left russia after it debated ukraine last year. next, the rise of robo chef international catering company. aramark believes that mechanical cooks could revolutionize work canteens around the world. and we've been to meet the bell based start up. that's developing the tasty technology. ah, this past to this was not prepared by a human being. it was made by this cook and robert. it has been operating in the contain of an office complex in berlin for the past 2 weeks. orders are placed on a touch pet or wire and mobile app, and there's a variety of pasta dishes to choose from. a meal costs 8 euros 50. once payment is made to robert, start cooking the machine. mix of everything together, hits it up,

and it's ready to eat in 5 minutes. oh, i think it's fantastic. i'm very surprised about how tasty it is to take on school . it really is good lunch dinner. those were slightly under cooked lunch, but i think the machine can be fine tune this can be really compared with the continuous and it's freshly made. so i think it's even better because it's not, you know, boiling in this soft preparation of pants. a berlin bass taught up 8 me develop the robot. it's founder emerald. paula worked at the delivery service, the massive shortage of skilled workers and the catering factor gave him. the idea is in as again we see it as a way to supplement regular contin at lunch time. lots to relieve some of the lower transfers on what it would especially be useful at night or on the weekend when there's still a lot of demand so long. but the regular contin would be too expensive due to the number of employees it needs. and the amount of ingredients that had to be kept on hand and kept warm. as a result,

the contents are frequently closed at these times. for the head of german contin operator remark sees a bright future for the robot because of a shortage of workers. he ordered 5, robert straight away since the 1st one started cooking here is be receiving calls from across europe. as is today, he's old as the, the lack of skilled workers as a worldwide problem. we notice it everywhere that we are just having more and more trouble finding well trained people or getting people to train for the job. the common lawyer, you see that in spain, in the czech republic, as well as here take you from the public in other than that was the classic contain kitchen isn't going anywhere. they see the robot as help, not as competition, but still the chef is a bit uneasy. as mine, my cousins have once fail us. then my wish would be more than robots to stay in a support role and not do the cooking for us. it's important to me personally that we keep on cooking the way grandma did it and build on this right box in the

kitchen has all from me on the visiting hand. berlin for head over to d to we dot com slash business and we'll see more meet with less effort the goal of conventional pig farmers. one efficient aid is the hormone, p. m. s g imported from horse farms in south america. and iceland here, blood is extracted from pregnant horses under brutal conditions. the agony of horses, the true cost of cheap hook, kluso. next on d, w. feel watching the 77 percent. oh d, w, regular scope. this week's episode is all about the power of music. you're going to go around and see what the font is off when it comes to hip hop and it's

affiliation with politics. we are here to empower people on monday. you tell about africa sort of by and with 60 minutes on d, w. but i was just curious if you thought they were great able with people with a vast plains of south america, a home to huge heads.