tv Business - News Deutsche Welle April 26, 2023 5:15am-5:31am CEST
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lee perry, bellefonte, singer actor and the king of calypso side, an artist inseparably linked to his activism and on that night, that's all for the cell. robots is next with thy business ease up dead, including the world banks called for an overhaul of global migration policies. that's coming up after she'll break. don't forget the website as their d, w dot. gov and social media channels as well. math anyhow, thanks for watching and stay with if again with cash stay up to date. don't miss our highlights. the d w program online. d, w dot com, highlights the trio taking on nigerian trafficking networks.
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now 8 not the thing is with them when it comes to trafficking nigerian women, full sex. so they're always saying the same thing. you get to go without having to painting it. obviously that's all align m n a forms. yes. and then he succeed in restoring this young girls ability to treat. and it's something that really is price and management that gives me no to what i do. the trio combating, sheeting dealings. starts april 29th on d, w. ah, ah, the world bank urges government to embrace immigration as many countries face aging and shrinking populations. a new report says, finding foreign workers has become economically essential. we're here from one of its office with bank
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u. b. s. this is profit 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. this is the 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 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,
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let's bring in survey to victor. 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 with a have, it's a population could by half spain, by one 3rd. so the question of all these countries, how was it 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
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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 thinking a time like now when we have economic strife in so many places? well, one must start. he was facts door. you know, she, she months ago they were huge strikes and demonstration through france because of an extension of a retirement age by 2 years. but if you think about it, there would be a need for much longer extension of a retirement age is the demographic challenge is unaddressed. we see ones are pensions, systems where established them are on average, $5.00 to $6.00 workers for each retiree. today got 2 and a half and he's still going down. so maybe these are in poland fights that can help
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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 housework as a quasi. you once again the val are issues that, that need to be, that was there's another set of fact though that one could thoughtful which is already lives by medical doctor is from india. my kids economy still choice, i'm ga 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 for our daily lives. but do you not get the feeling that that argument isn't currently being one the argument in favor, if the benefits, if of migration given you know, how populism has been i was take home in so many places. an anti mike and rhetoric remains a big problem in so many countries. i'm
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a style human being one i think what we have to do is to us, so we can, they're not all night long. so same one micron spray skills that are strong match for the needs of the decision economy. everybody games, romance, the decision country, the country origin. and that's what we see when people come with a, you know, nurses, engineers, all these are just, you know, special i, factory workers, congress. all right. i think the challenge is, what do we do when people do not break skills and how do we manage now this is a relatively small number of microns compared to a vast majority of it. but the reality has been extremely difficult to my house in situations in my house that is both effective. and you made a lot of debate about my question folks from the situations i'm from the
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difficulties in biology such sort of problems. 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 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, u. b. s was recently forced into taking over failing competitive 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. let's actually discuss situation us further with hands pay to bern, calling from university of holland. i'm thanks a lot for being with us. would you be us really rather not having to to handle the
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credit suisse take over the management? i think employees would prefer not to do so. i mean that would work and hard to get back on a good track and all that. 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, just as large bags as a global bag, so their competitors are not necessarily what's a lot. 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 will be as price of. so she has a with 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 republic
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as well as a 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 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 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? so 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. now that we see just how many, how much money was taken out by well, that's outside of you, but inside our safe,
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very close. because it's the only justification plus a harsh and very, very speedy bear. so say i've got took to save credit suisse and get it under 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 has invested in the market since 2016 se squid game is netflix, as most watch series. in former care, c. restaurants in russia have reopened in moscow as ra sticks. the new owners say
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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, and they did 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 berlin based startup that's developing the tasty technology. this past to 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. mix of everything together, hits it up, and it's ready to eat in 5 minutes. oh,
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i think it's fantastic. i'm very surprised about how tasty it is to directly con school. it really is good lunch dinner. those were slightly under cooked lunch, but i think the machine can be fine. tune is can be really compared with the contin for it 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 gave him the idea you then it's again received as a wage supplement to regular contin at lunch time. lots to relieve some of the lower chances on what it would especially be useful at night or on the weekends when there's still a lot of demands of dog. 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
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of german contin operator. aramark 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 who does the, the lack of skilled workers, is a world wide problem. we noticed it everywhere. 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 it from the public and other than that was the classic content 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 cousin is how once villas 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 the right box in the kitchen
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has all for me on the basis aim hand berlin for head over to d to we dot com slash business. and we will see you next, goodbye. ah, eco, africa pushed me. it's the traditional schools in liberia that the sale and consumption of it has been forbidden for several years. the goal is to preserve the bio diversity and prevent the spread of diseases. our liberian something with a change on d w. this is the most expensive place to live in the well tel aviv jaffer district. a dream for any real estate agent. thought behind the gold facade issues like racism ma'am,
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didn't justice are ever present. the ruthless gentrification of the one i report city is extremely political in the 45 minutes. oh d w ah, what people have to say matters to us. mm. that's why we listen to their stories reporter every weekend on d. w. o . a welcome to this new edition of aiko africa brought to you by germany's d. w. nigeria.
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