tv Business - News Deutsche Welle July 5, 2023 6:45pm-7:00pm CEST
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i was that report was coming up high flyers who cons? get a job. why one in 5 young people in china is i was before this is dw business. i'm kate ferguson. 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 hundreds of international companies have withdrawn from russia, a substantial number remain, however, and according to a new study co authors by the keys, school of economics and the civil society umbrella group before it ukraine, lost here. foreign businesses operating there, raked in over $14000000000.00 and profits. so good portion of that, some 3 and a half 1000000000 went into moscow's comfort of 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
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alcohol and tobacco with companies like field maurice onto palm tobacco international among the top partners. consumer goods represented by the likes of proctor and gamble on pepsi also did well. i did ultimate deals with type 3 of how you doing today on several chinese brands among the biggest money makers. that said, some of those companies have scales back or suspended operations in russia since now, earlier i spoke to eli nicholas, he's the chief executive director of before ukraine, which co authors that report. she's us back from brussels, where she was presenting the study to european ragging classified as essential. what is your response to that? so let's choose at many of these cookies for unsanctioned searches. they all continued to pay taxes to a state, which is fundraising, international humanitarian. no, i'm just to patch tracing human rights to pieces on a dress scale right now at 95000 because it's work signs in ukraine. and these
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companies have obligations on the international human rights floor to check 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 ality with reasons why they've got a $120.00 of these companies to us and to engage and meet with us. many of these companies do argue that good stuff providing are essential. but when you take a bit deeper into that, you find that large numbers and continue describing 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 govern infection for governments to step in the antique firefight for these companies. the standards for business conduct, which is really expected of them in the context of continuing to of rates in
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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 funds this for that's more than us companies paid in taxes for all of last year. given the context, how much power do foreign businesses actually have the funds this for or is it so i think we'll just make it the texas that we have access to the topics tax in russia. that's only one of the many different kinds of taxes that's being paid by companies. so in terms of the amounts that we've recorded, which is $3500000000.00 profit 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 need to contact there. i also once talk to a bite,
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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. uh, 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 russian companies won't have access to the sophisticated
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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 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 governments foreign policies and sacrifice assistance in that country. it's amazing to help support you train. it's all rice lots to think about their alley 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. to figures come from turkey, states and $106.00 agency which some ex for us described as questionable economists have one that prices could start to rise. foster again in july here in germany.
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organic farming is on the rise. according to the licensed industry figures, some 11 percent of total farm land or almost $37.00 sizes and farms are now devoted to organic produce. the government is binding on a further rise though, hoping to double that number, bite 20 thursday. or do you as nuclear cheese has 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 in its nami, 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
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designed to encourage more sustainable tourism by reducing the waste of air cargo. known to put 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 foreign unemployment rates may reflect harder times to come. the ideal candidate, perfect poster. a smiling blankly. no blemish monitored names to achieve their goal of becoming a flight attendant. everything must be wrecked. i really would love to become a steward this. it allows me to travel to all kinds of places to get to dress
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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 you, nicole, so the costing last 3 days, 700 applicants. only 10 percent will get a job. the attention is a norms read by gene cute. can sulu her dream, we will have more on that later. here at lama temple in badging menu students and pupils are praying in china. this is rather out of the ordinary because there's actually only one institution people are supposed to believe in the communist party . shania another last year i applied for 60 jobs and was invited to 20 interviews
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this year. it's even worth $100.00 applications. it is only 10 invitations. the crisis hits young people, particularly hot of one and 525 is currently unemployed. and those are just do official figures a record time won't pins. his hopes on one of the few job fairs in china capital. he just earned their master's degree in closing marketing and wants to work in that field. was studied in south korea as study abroad was once considered the golden ticket for the chinese dropped marked, but not long as wondering if he would have been better off staying. i broke 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,
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she and the other candidates must prove themselves before the jury. i hope so much that i get this job hopefully get us. i will get my very best as to our distance of about 70 lucky ones have 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 by jim gate. the dream has been shadow 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 out the hard way. he was fine, maybe $3500000.00 for breaching environmental rules during the construction of his coastal months and in size, eastern for sale. authorities say name eyes, look 3 project violated rules regarding the use and movement. fresh water sources,
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in 30 minutes on d w. the beautiful of that for teaching who owns her egypt. most prominent work of arts and germany's most iconic museum, art historian benedicts savoy, reopened suitcase around the bus. she asks what the cultural heritage meet in the digital future, the 75 d w, making the headlights and what's behind them. dw news that the shows that hopefully issues shaping the continents slowly getting back to normal. here we're on the streets to give you enough report on the inside of correspondences on the ground, a reporting from across the continent. all the french stuff from outside to you is
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africa every friday on dw, ladies and things are going and getting comfortable. not fierce comedy from pakistani women pretty to shake up the image of their generation. some topics are still tab, but these comedians are pushing the boundaries of free speech. humor. again, sexism, concerns women. rise up in reporter this weekend on dw, on the
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present day that we can use life from by mid accusations, fly between russia and ukraine. h accuses the other planning to attack this operation. nuclear power plant, which is currently under russian military occupation, also on the program. palestinians in the west bank city of jeanine health funerals for freezing kills during israel's military operation. at least 12 palestinians died in 2 days and the drug strikes and right was a 100, were injured is right. the ministry says that that limited the.
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