tv Business - News Deutsche Welle July 6, 2023 1:15am-1:30am CEST
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is reminded of our top story, the seller, russia, and ukraine was using each other of planning to attack europe, not just new p, a facility, the separation of health station. the crime in the cues is ukraine of trying to sabotage the pond from southeast and ukraine cube accuses russia and this occupying forces of taunting explosives that reminds you can also find much more news analysis and video on a website that is the www dot com that coming up next is overlay to business with my colleague, kate kate ferguson. i'll see you soon. take care by the . every jenny is one of the surprises. we've gone all out to give you some of the right people in your northern most count the police
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the free time, but still very much alive. your guy to the special hot spots in germany recognizes where exactly it was fun. learn a lot of our culture history, all their travel extremely worth a visit. the doing business in a country that is waiting for a new study revealed which international companies are still operating in russia on how much they are contributing to kremlin coffers. we'll take it to one of the authors of that report. also coming up high flyers who cons?
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get a job. why one and 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 since the beginning of the war and ukraine, hundreds of international companies have withdrawn from russia.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 authors by the keys, school of economics and the civil society umbrella group before it ukraine. last year, foreign businesses operating their raked and over $14000000000.00 and profits. now a 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 alcohol and tobacco with companies like field maurice onto palm tobacco
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international among the top partners. consumer goods represented by the likes of proctor and gamble on pepsi also did well. i did also in the deals with type 3 of how you doing today on several chinese bronze among the biggest money makers. that said, some of those companies have scales back or suspended operations in russia. sit. now, earlier i spoke to eli nichols, he's the chief executive director of the 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 too much with the kids, go to the economics, which is being trucking company divestment from russia. since the uptake awful and rushes 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
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and 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 states which is fundraising international humanitarian. no, i'm just the pets racing human rights abuses on address scale. we're now at 95000 because it's 4 times in ukraine. and these companies have obligations on the international human rights law 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 ology would listen to whether the $120.00 of these companies to us and to engage them to which we believe is stretching the definition
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of sensuality 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 for 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 in the central 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 us companies paid in taxes for all of last year, given not context. how much power do foreign businesses actually have the funds this for so i think we'll just make it the texas, that we have access to our topics tax in russia. that's only one of the many
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different kinds of taxes that's being paid by companies. so in terms of the amounts that we've recorded, which is 3500000000. so for the tax of the cost of the year, 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 on context there. i also once talk to a bite, 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 global revenues from the companies remaining. so the average amount is actually bad, the 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
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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 continue 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 governments foreign policies in 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
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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 to 6 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. 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 parts use. the government is bonding on a further rise though hoping to topple that number. byte 20 thursday. see you as nuclear cheese has defended plans to release treated radioactive water from the former fukushima nuclear plant into palm thing. it will have a negligible impact on the environment. the release of the washer is
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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 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,
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perfect poster. a smiling blankly. no blemish. mine occurred 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. 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. solutions. 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, $700.00 applicants, only 10 percent will get a job. the attention is
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a norms read by gene get can soon leave her dream. we will have more on that later . here at lama time pulling badging many 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 shania another last year i applied for 60 jobs and was invited to 20 interviews this year. it's even worth $100.00 applications. it is only 10 invitations slab ahead of us. yeah. 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
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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 and gone back to the flight attendant costing by aging. he has made it to the final round once again, 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 give my very best as to our distance 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 hi non airlines, for by g engaged. 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
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a good idea to get all your ducks in a row 1st about something present in football, star name, or how to find that the hard way. he was find nearly $3500000.00 for breaching environmental rules during the construction of his coastal months and inside the eastern for sale. 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. and that wraps up i show from where you can always check i d, w dot com slash business for on the dw easy to time as well from me and the entire team here in berlin is the buy and take the
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co key policy. do you know what that is? no, no, no. it each step of the entire you budget we explained to what, why and how focus on your on d. w. entered the complex. oh, how roll did you get any precaution really go in his wagner uprising. my guess is to be done complet soon as russian investigative journalist and security services expert andre full data is added to our website tracks the russian intelligence center. how long hold on to power the 60 minute
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we've got some hot tips for your bucket list. the magic corner check hot spot person, and some great culture more just about w travel off. we go, the hello and a warm welcome from brussels, the capital of belgium, and the european union. the future of the issue is decided right here. so how can it it's.
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