tv Business - News Deutsche Welle July 6, 2023 5:15am-5:31am CEST
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windows and a deeply disappointed kara, lina, police cova accepted the tournament in the past 2 hours after flanders to serve in qualifier. that's all yes to bundle which the former wyndham find the list never found to read them in the straits. at last. it has to wait another year for a shot at 10. this is the most prestigious trophy that set you up to date. kate ferguson is bring your relations business headlines. next, i'll cease to take care by the guardians of truth. my name is john dean and i have paid almost every price of being enjoying this in a country like turkey's taking all the powers that be the risk. every thing
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john don't r s activist journalist and politicians living and anxiety too much on my shoulders. but i have to hold this weight because i'm responsible for the future follow country for the people who are behind the bus. they move for their mission. people need to know what is happening there. you know, are series guardians of truth. watch now on youtube dw documentary, 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 conference. 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 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 hundreds of international companies have withdrawn from russia, a substantial number remain, however, and according to a new study co authors by the keys, school of economics and the civil society umbrella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. last year, foreign businesses operating their raked and over $14000000000.00 in profits. so good portion of that, some 3 and a half 1000000000 went into moscow's conference. i've 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 like the 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 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 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 keeps going up, economic, which is being trucking 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 and profits made
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unimportant need the profit tax paid to the russian state are. 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 being classified as essential. what is your response to that? so when it's true that many of these can piece for in on such and sectors, they are continuing to pay taxes to a states which is finalizing international humanitarian. no, i'm just to patch racing human rights to pieces on a dress scale. we're now at $95000.00 because it's for crimes in ukraine. and these companies have obligations under 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 ality, we listen to what a 120 of these companies to us and to engage and meet with us. many of these
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companies do argue that good stuff providing are essential. but when you take a bit deeper into that you find that large numbers then uh contain describe things like ice cream or cookies or off to shape or shampoo, which we believe is stretching the definition of essentially ality too far. um and when speak to them about it, they don't say it's in the same light, which is why we now oscar inc of government action for governments to step in. and to clarify these companies, the standards for business conduct, which is really expect to don't 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 funds 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 to the funds
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this for? or is it 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 different kinds of taxes that's 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 the average, russian revenue only amounts for 22.4 percent of the local ref needs from the
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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 in, i'm for 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 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,
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assistance in that country. it's amazing to help support you train. it's all rice, lots to think about their ally nichol. thank you. so much thank you so much for having me now to some of the other double business stories making news. turkeys inflation rate fell slightly in june, but over 38 percent remains a major contributor to the country's cost of living crisis. the figure has come from turkey, states until 6 agency, which some ex press describe 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 license 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 banking on a further rise though, hoping to double that number by 2030. this to you as nuclear cheese
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has defended plans to release theresa radio active 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 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,
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or perhaps because of high levels of educational attainment as the countries post pandemic recovery progress is sluggish. lead generation these soaring unemployment rates may reflect harder times to come. is the ideal candidate. perfect pulse chair, smiling brightly. 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. with admissions, we received 40000 publications. we chose one is the location because there are many
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payments universities here with well educated students. as well, so you can look on so the costing last 3 days, 700 applicants, only 10 percent will 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 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, pushing it another last year. i applied for 60 jobs and was invited to 20 interviews this year. it's even worse. $100.00 application since 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
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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. 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. 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, 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 one. so managed to snag a jump as a flight attendant to move on, and our immediate load to take their new company photo for high non airlines. for
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by june gate, the dream has been shutter 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, about something present and football. so our 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 monster and inside the eastern brazil. authorities say name, i was look for a project violated rules regarding the use and movement. fresh water sources, as well as rock and side. i stepped that pops up i show from where you can always check i d, w dot com slash business for on the dw easy to terminal, as well from me on the entire team here in berlin. if bye, take care the
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entered the conflict. so how role did you ask any precaution, really go in his wagner uprising, my guess is to be done. complet soon is russian investigative journalist and security services expert. andrea hello is, i've been to our website tracts, the russian intelligence that how long can hold on to power the, the country. and suddenly you get to the forefront of this empire piece. and you think nothing about this is right up to be the most dangerous . seen it in the world. the funds of a k, a call lee dialed
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the d w. these places in europe are smashing the records step into an old adventure. it's the treasure map for modern globetrotters. discover some of us record breaking site on google back too. and now also in book form the how role did you have any promotion really go in his wagner uprising? has russia seemed the last of him, but it looks like he goes and balls, skills and his people are still important for which in addition, several areas, for instance, enough for that my guess this week on complex own is russian investigative journalist and security services expert andre still got tough.
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