i was that report was coming up high flyers who come to get a job. why one in 5 young people in china is i was before this is dw business. i'm kate fergus. some of the thanks for joining me since the beginning of the war and ukraine. hundreds of international companies have withdrawn from russia. a substantial number remain, however, and according to a new study co authorized by the keys school of economics and the civil society umbrella. group b for ukraine. last year. foreign businesses operating their raked in over $14000000000.00 in profits. so good portion of that, some 3 and a half 1000000000 went into moscow's conference after taxes. now, american firms accounted for over $700000000.00 of taxes paid with german swiss and japanese companies coming in behind. the most lucrative factors included

alcohol and tobacco, with companies like field mars onto palm tobacco international among the top partners. consumer goods represented by like the proctor and gamble on pepsi also did well, i did also in the deals with type 3 of how you doing died on several chinese bronze among the biggest money makers. that said, some of those companies have scaled back or suspended operations in russia since now, earlier i spoke to eli nicholas, he's the chief executive director of b for ukraine, which co authors that report. she's just back from brussels, where she was presenting the study to european regulators. i'd be gone by asking her what sources the research was based on. so for the she said she, much with the keeps going up economics, which has been checking company divestment from russia since the uptake of war and russia's invasion. they used companies own reports which were made in 2022 to the equivalent of rest of the company. house,

and they showed the revenue generated by companies in russia. the profits made unimportant need the profit tax paid to the russian state. all right, but the companies named in this report would argue that they are not violating international functions on, in many cases are providing goods and services that have been classified as essential. what is your response to that? so when it's true that many of these companies for in, on such and such as they are continuing to pay taxes to a state, which is fundraising international humanitarian. no, i'm just to patch racing human rights to pieces on a dress scale. we know at $95000.00 because each work signs in ukraine. and these companies have obligations under international human rights law to checks that they are doing no com, through their presence in russia. and if they are doing harm to mitigate against, that's in terms of essential elegy was risen to well as

a $120.00 of these companies to us and to engage and meet with us. many of these companies do argue that the good sex providing are essential. but when you take a bit deeper into that, you find that large numbers then uh, contain sky, things like ice cream or cookies or off the shape or shampoo, which we believe is stretching the destination of essentially ality too far. um and when we speak to them about it, they don't say it's in the same light, which is why we're now asking governance action for governments to step in. and to clarify these companies, the standards for business conduct, which is really expected of them in the context of continuing to of rates in russia and to redefine, will cease and is not an essential product. all right, i want to take a closer look at the numbers themselves. according to some estimates. russia is spending up to a $1000000000.00 a day to fund this for that's more than u. s. companies paid in taxes for all of last year,

given not context. how much power do foreign businesses actually have to the funds this for me? so i think just makes it the texas, that we have access to our topics tax in russia, that's only one of the many different kinds of taxes. that's a being paid by companies. so in terms of the amounts that we've recorded, which is $3500000000.00 corporate tax, that's because of the, that's likely to be just the tip of the iceberg in terms of social corporate contributions to the wall. okay, so, so, so much needed context there. i also want to talk to you about the companies that may want to leave russia, but say they can't afford to do you think governments have responsibility to step in in that case? so the research also shows that on average,

russian revenue only amounts for 22.4 percent of the local revenues from the companies remaining. so the average amount is actually bad, inc, mental and is ultimately replaceable for those companies in terms of government responsibility to step payne, i'm from top those companies. i think that's a conversation between governments and companies to us. the real imperative is for these companies to take immediate steps to exit and still continue more. but even if more companies do leave, well, they simply be replaced by others, even homegrown russian ones. yeah, i mean, this isn't risk. those 100 racing companies won't have access to the sophisticated intellectual property of the companies who are continuing to remain. so that's one point. and then the other point, again, is coming back to this really basic fact that's by remaining in russia. these multinational corporations, the 2nd countries are hoping to sustain all of the questions. again,

it's to train and undermining the government's foreign policies in sacrifice assistance in that country. it's amazing to help support ukraine. rice lots to think about their allie nickel. thank you so much. thank you so much for having me now to some of the other trouble. business stories making news turkeys. inflation rate fell slightly in june, but over 38 percent remains a major contributor to the countries the cost of living crisis. the figure has come from turkey, states and physics agency, which some x for us described as questionable economists have one that prices could start to rise. foster again in july, us here in germany. organic farming is on the rise, according to the licensed industries stickers, some 11 percent of total farm land or almost $37.00 size and farms are now devoted to organic parts use. the government is banking on a further rise though,

hoping to double that number by 20 thursday. the us nuclear chief house defended plans to release treated radioactive water from the former fukushima nuclear plant into palm, saying it will have a negligible impact on the environment. the release of the washer is a major milestone in the process of decommissioning. the plant which was destroyed and it's now me in 2011. japan airlines has launched a year long experiment designed to encourage passengers to travel out for lice. under the scheme, travelers will be able to rent clothing on arrival, specifying their preferred style in advance. j a. l says the experiment is designed to encourage more sustainable tourism by reducing the waste of air cargo. now and in china, use unemployment is of a record high one in 5 young people under 25. don't have

a job this to spice or perhaps because of high levels of educational attainment as the countries post pandemic recovery progress is sluggish. lead generation, these forwarding unemployment rate may reflect harder times to come. the ideal candidate, perfect culture, smiling blankly with no blemish monitored names to achieve their goal of becoming a flight attendant. everything must be wrecked. i really would it off to become a steward this. it allows me to travel to all kinds of places. i get to dress nicely every day. i love that so much since travel restrictions have been lifted high and on airlines is higher and again, it's being overwhelmed with inquiries. with emissions. we received 40000 to

applications. we chose one is the location because there are many payments universities here with well educated students as well. so i'm going to close out the costing last 3 days. $700.00 applicants only 10 percent to get it dropped. the tension is a norms rated by gene. you can certainly hard 3 and we will have more on that later . here at lama temple than badging menu students and pupils are praying in china. this is ryder out of the ordinary because there's actually only one institution people are supposed to believe in the communist party. last year, i applied for 60 jobs and was invited to 20 interviews this year. it's even worth $100.00 applications. it's only 10 invitations. the crisis hits young people, particularly hot one and 525 is currently unemployed. and those are just you

officials. vigorous record high. wong pincers hopes on one of the few job fairs in china capital. he just earned a master's degree in closing marketing and wants to work in that field. was studied in south korea. a study abroad was once considered the golden ticket for the chinese jump marked, but not long as wondering if he would have been better off staying abrupt of the job market. there is okay. several students who graduated with me have already found a job back to the flight attendant costing by aging. he has made it to the final draft. once again, she and the other candidates must prove themselves before the jury high hopes so much that i get this job, hopefully get us. i will get my very best as to our distance of about 70 lucky one . so managed to snag a jump as

a flight attendant to move on and are immediately allowed to take their new company photo for high non airlines, for bites engaged the dream has been shot to today. she must continue her search like hundreds of thousands of other young people in china this year. now and the all shots are considering adding an artificial lake to your property. it would be a good idea to get all your ducks in a row 1st. that's something present in football, star name, or how to find that the hard way. he was fine, maybe $3500000.00 for breaching environmental rules during the construction of his coastal mansion in size. eastern brazil, authorities say name eyes look free project violated rules regarding the use and movement. fresh water sources as well as rock and find ice beds it um, that pops up. i show from where you can always check out a d, w dot com slash business, or on the dw need see to tom as well from me on the entire team here in berlin. if bye, take care the

can i connick monument that also holds a world record to this very day. zoom cathedral, the tallest church in the world. we climbed the steeple, delve into its history and meet its caretaker's minster. 19 minutes on d w. it's only just a practice or is that the nation place in brook clock? 7 months before russia attacked ukraine, affility documents daily life,

the town hour. the people lives dealing with the growing tension. change their world currently go in and the insight starts joint on dw hang eyes. it's evelyn charmaya. welcome to my pod cast. last matters that i am vice celebrities, influenza and experts. to talk about all playing loved data. and yet today, nothing less the south. all these things and more and the new season of the fuck. com. make sure to tune in wherever you get you plus costs enjoying the conversation . because you know, it's last matter that i wish i could've done more the same. you just click away, find the best document on you to really

see the world as he's never seen it before. the dr. know to dw the is the data we can use life from the accusation supply between russia and ukraine. h accused as the other of planning to attack these that provision nuclear power plant, which is currently under russian military occupation, also on the program palestinians in the west bank city of jeanine.