ah, don't forget, you always get the w news on the go. just download our app from google plate or from the apple app store. that will give you access to pull the latest news from around the world as well as push notifications for any breaking. all right, so for this, our robots is next with a business news update, including the world banks call for an overhaul of migration policies. right around the world that's coming up after the break. i'm anthony. how, thanks for watching the w and or via watching in the world have a good day. sometimes the pc shall rush out at you. t. the highlights for she knew in books every week, snuck him up, the trio taking on nigerian trafficking that works a lot. the thing is with the,

when it comes to trafficking nigerian women for sex, they're always saying the same thing about you get to go without having to painting it. obviously that's all and i am in the forms. yes. and then you succeed in restoring this young girls ability to treat it. it's something that really is price meant that gives me not to what i do. the trio combating, shooting dealings starts april 29th on d, w. ah, ah, the world bank urges government to embrace immigration as many countries, faith, aging, and shrinking populations. a new report says, finding foreign workers has become economically essential. we're here from one, it's office with bank u,

b s. this is profit falls sharp leave. it says it's reluctant to take over at credit suisse is not to blame. and mechanical cooks in the canteen, meet the robot chef that could revolutionize how companies feed their com. this is d to be a business owner of 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

fuel, 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 challenges. 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 must start. he was bugs door. we know a few months ago, they were huge strikes and demonstration to france because of an extension of the 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 a demographic charges are much dressed. you see when the pensions systems were established. there were on average $5.00 to $6.00 workers for each retiree. today got 2 and a half. i had still going down. this is our impalas fights that can help basic

debates on it. i can help with the debate from a different business. i'll just look at the number of the shortage of house workers across the u once again, without a issues that that need to be that was, there is another set of facts go that one could start fun, 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 is from 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 to outdated 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 argument being one?

i think what we have to do is to let you know that not all night long closing one micron spray skills that are strong 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 there just, you know, special i, factory workers, congress. all right. i think the challenge is, what do we do when people do not bring sub skills and how do we my charge now, this is a relatively small number of microns, too, as there is a vast majority of it. but the reality 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 migration folks from the situations i'm from the difficulties

in biology such sort of poems. so he had a victim there from the world banks, world development report, you actually see an extended version of that interview on the d, v. d to we knew each channel at d 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 to the company . additionally, u. b. s was recently forced into taking over failing capacity. credit suisse. yes. is that it helps to complete the takeover deal before july that $3000000000.00 deal was pushed through last month by the swiss 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 ready 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 how to get back on a good track and a good track and their 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, this is a large bag 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 was i was more or less read was before we heard from credit suisse the extent to which deposit has done withdrawing money just before the rescue. $70000000000.00 was taken out of credit suisse. we also heard from just recently our 1st public,

as i was saying, a 100000000000 was withdrawn from them in the 3 months before their crisis was the actions taken by the authorities in switzerland and in the us enough to prevent contagion that to have almost so so, so worried about and for a much wider crisis to develop well, did you react very fast and was lots of strong decisions. so similarly for the moment that was not the 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 that something we can see right now that might be some cases? is that too many might get into trouble? and how close do you think we actually came to seeing credit suisse collapse, and 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 and 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 on the w. 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 and former care c. restaurants in russia have reopened in

moscow as ra 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's dated 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 in based start up. that's developing the tasty technology. ah, this past this was not prepared by human being. it was made by dis cooking roberts, it has been operating in the contin of an office complex in berlin for the past 2 weeks. orders are placed on the 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 makes us 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 deadly consequent. 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 sab preparation of pants. a berlin bass taught up 8 me develop the robot. it's founder, emerald, pala worked at the delivery service, the massive shortage of skilled workers into catering sector, gabe and the idea is in it's again received as a way to supplement regular content at lunch time. not 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 have to be kept on hand and kept warm as a result of the contents are frequently closed at these times of through 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, he's been receiving calls from across europe. as is today, he's old as the, the lack of skilled workers as a worldwide problem. we noticed it everywhere is man, we're 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 and other than about once the classic contin 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 for the 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. i go into

a box in the kitchen, has all from me on the basis him, hand berlin for head over to d to we dot com slash business. and go see you next. goodbye. oh, using hi checked to combat water shortage. california has one of the world's largest wastewater treatment plants near los angeles. a stinking sludge is turning to clean drinking water in less than 2 days. the state of the art system is designed to secure fresh water supplies in times of accelerating climate change. global 3000. next on d, w. perfect. exploiting labor and generating load. so plastic waste, vegetable growers in southern spain have long had a bad reputation. the germans supply chain at the supposed to ensure

fair wages and environmental protection, but will have an impact on the situation in spain made in germany in 60 minutes on d. w. ah, what secrets lie behind these walls? discover new adventures in 360 degrees. and explore fascinating world heritage sites. d w world heritage 360. get the app now you ah. ah, welcome to global 3 thousands. timely reminders, the experiences of hiroshima survive has effect clear.