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tv   Business - News  Deutsche Welle  October 4, 2023 5:15am-5:31am CEST

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title on the new made of it is in the final before we go, here's a reminder that top story this out, the us house of representatives as by the to remove republican speak of kevin mccarthy. it follows the motion by the hi rod faction of the john potty mccarthy says he will not seek re election as big bill watching date of the news. i'll be back with more of these headlines and 45 minutes tops type. the time of change can be viewed the test, the natural conclusion of the climate change. the age of in like 300 year old ideas, be responsible for today's problems. and could they help us solve them? i believe our futures in our past. how significance of the beginning of the done as
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a series of the great philosophers to all present and future enlightenment says progresses in our hands and that news. so it's really, it's up to us, our series project, enlightenment starts october 5th on dw, the, the collected millions of dollars, but the money is gone. and now sand bank and freight is facing over 100 years in jail trial against the following crypto star starting we'll hear from our corresponding impact the scandal has been having. and also coming as germany as celebrating 33 years of re unification. we take a look at how rising panting migrant sentiment to the east of the country could
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have her as a countries attempts to desperately needed workers from abroad. the of course, called on welcome to the program. the trial of the former crypto billionaire, sand bank, and free, it has begun in new york, the founder of the failed to real quick and see brokerage f. t x faces a possible present term of more than 100 years if he's convicted a federal fraud and money longer charger's case has brought fresh focus on the crypto industry, which has been placed by rafter high profile bankruptcies and question marks about risks to investors. prosecutors to choose the 31 year old of stealing billions of investor dollars to fund everything from political donations to lavish real estate purchased this quarter as following this story for us in new york. yeah. and tell us what happened today. yeah. hey chris, i mean,
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it is definitely a pretty high ranking case here in the united states. that actually is one of the biggest fraud cases financial 4 cases in the history of the united states to today and starts with a jury elect the selection. and then the prosecution has about 3 or 4 weeks to present their case. the defense probably will take another one to 2 weeks to make their case. and i mean prosecution at the end of the day, they have to prove that that has been intend to but it is definitely a high ranking case that we're going to deal with was the next, the roughly 6 to 6 weeks to 2 months. yes. same back when free, just being accused of stealing billions of dollars from customers of his script to exchange. how exactly did he do that? according to prosecutors from yeah, well, i mean, of course we're talking a roughly about $9000000000.00. um that customers some are missing,
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so some of the money is supposed to be is used by a certain bank from free to, for his personal lifestyle, about $210000000.00 for real estate projects in the, in the bahamas. but then also the offense affiliated to an hedge fund, allow me to research, actually also made some better bets until couple of those. so some of the money from the customers got to used for that. that's at least what the prosecution is saying. and they seem to have a pretty strong activity. so because one of the weaknesses is actually the x c o. off allow me to research. she pleaded guilty a couple of months ago. and she also has been the ex girlfriend of i'm so i'm thinking for it and yes, personally it how, how does the scandal been impacting the group? the world thing. yeah. because to, well, i mean, if i look here at the united states, i mean, clearly was all the legal problems with all the scandals and f t x and send things . and freed has not been the only scandal in the crypto world in the past. a couple
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of months that has aside to raise some investors, but on the other side, if i look at the crypto currencies, take bitcoin, for example, they have not really suffered. so obviously they're worldwide. there's still a lot of people investing and heavily into the crypto world besides all those scandals. we're talking about yeah, it's cold in new york. thank germany. no celebrating 33 years of re unification. but people living in the former east, germany continued to earn less than their peers and the west. last year, the average salary in the west was 58000 heroes compared to 45000 years in the east, according to the federal sadistic office. and the difference has been growing in recent years. and when we look at the unemployment rate, well it is lower the west at 5.4 percent compared to 7.4 percent in the used last year as data from the federal employment agency shows. but that could change us tex
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giants like intel, t as in c, and as a p set of more mites and german diseased as an attempt to create more jobs. now work is needed to fill these vacancies are not always found in germany. in fact, the country needs skilled laborers, laborers from abroad as germany's population has ranking. at the same time, right, we populous parties see emigration as a threat. i send them in particularly persistent in the east of the country. fatima dar bar hills from india a now runs a co working cafe into is did she opened the place after feeling an easy with the rise of anti immigrant feelings in her city? or festival? a goose think it was really important for me that people who come from other countries could meet german and no kids here and integrate with them. that integrates the world class in may attract torres from across the world. the city
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has a dark side populist for right parties are very popular here. the prevalence of anti immigrant sentiment coincides with an increasing number of refugees in germany. many people feel overwhelmed seem to feel them. there are too many and our grandchildren will some day be the minority visual. if i would actually send them back home, they could stay in the own countries that have a different mentality. the anti immigrant sentiments are more wide spread in the states located in former east germany in the day of a bundle being the german democratic republic, the g d. i was less marked by immigration than the federal republic of germany in west germany. it was a slow, a process of extra motivation to migration that it was less immigration in the g d, off when he had the few immigrants, what isolated innovative fund. cuz i know there wasn't much of an opportunity to
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get used to immigration in east germany embossed by chance the when it came to us. but germany needs skilled migrants charge the are the, is on pakistan and works for chip maker infinity. and he moved here for his studies and stayed afflicting man, for example, in my team, there are people from different countries like pakistan, india, nigeria ran to egypt, germany and bangladesh, or the that's all diverse. my team is the maintenance of the company recruits and supports international talents, infiniti and infinity, and building to see if migration is a threat at all. on the contrary, we see migration has an enormous opportunity that makes us society move diverse. we get many ideas from other countries. we welcomes us and us. the emigrants are not a threat to the country. that's a consensus among the majority of labor market experts in the next 10 years there
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will be a vast labor shortage. as baby boomers retire emigrants are needed to fill the gap . the aging population will leave section in her co working cafe for tomorrow is working hard to make others feel at home here. and some of the other global business stories making news. facebook and instagram years in europe may soon have to pay if they wants to browse ad for you. versions of the social media platforms. parent company meadow says it's exploring a plan that would charge people as much as 10 years a month. you know, mosque is facing a defamation lawsuit, after amplifying misleading posts on his media platform. x formerly known as twitter, mister musk is being sued by matter, says he was a ras. harassed after the millionaire shared post falsely placed him at a confrontation with far right. protesters trading and crisis
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a chinese real estate giant advert brand has resumed with chairs initially jumping more than 40 percent trading. the firm was suspended after news 1000000000. their founder was being investigated. the stock market valuation has fallen about almost 99 percent since july 2020. let's take a closer look at how germany is trying to direct to workforce from abroad and what might be hidden during these attempts with ryan crop. he is the president of the holler institute for economic research. welcome to the w. how much migration does the german labor market? does germany need a lot a lot. um, if you look at the numbers uh the projections for the german labor market, then uh about one percent of the labor force surround about 400000 people will next to the part the labor market. so it was
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a huge number. so $400000.00 per year in the next 1015 years, which has to do with the, with the high growth rates in the fifties and sixties. and saw if it was a algebra i'm, you know, germany would need migration that migration off a 1000000 medium and a half people because obviously people come with their families, kids, etc. they're not going to be available for the labor market. so we're talking about very, very large numbers which become even more problematic if you think that you know the surrounding countries around germany and many other countries in the world of similar problems. the question who is coming to germany has been on the minds of many people here in the country? why do you think that far right groups like the, the, the alternative in germany who are known for their anti migration attitude, find so many supporters, particularly in the east of the country even 33 years after re unification.
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by even basis. very interesting coordination, of course, if the shape of foreigners are very low, the impact phones and tremendous verify. so the higher the, the actual foreigners are immigrants the higher the share is, the more favorable the environment. and these, jeremy, this just simply, historically much fewer far. but actually i do not think that at this point in time, the main reason for the resurgence of the a f d. s migration. but it's more of the perception that the current and government consisting of, with the means, the liberals and, and the s p d are just not very capable. they're just not very capable in dealing with the admitted the many problems that driver the have any i think it's some general anti crohn government for more than an anti migration. and you're watching the entire
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conversation. whereas the wine club, all the dw youtube channel, that's a, that's our show for now. thanks for watching. underscore brambl and have a successful day the,
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a co africa. they are hot commodities, beach and pansies are being illegally treated as pets and kidney. and we're interested all of our knowledge or national parks are set up. they want to raise awareness of the issue with a wide range of projects to protect the code for the next on d w. this handbook will people be able to survive the big one? the ground underneath this metropolis of 16000000 is a size make a hotspot. geologist say that your test or fee is overdue and that inhabitants are in grave danger. is there a way out dissemble on the brink. in
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45 minutes on the wi fi, she's got any issues with a lot say who the hello and welcome to a new edition of equal offer go. i'm chris, a lens joining you from august 8th nigeria. today we'll be looking at everything from great gardening ideas to critical issues like posted. but 1st, let's see. hello, sandra. alexandra hi,
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breeze greetings from uganda and nice to be.

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