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tv   Business - News  Deutsche Welle  November 3, 2023 3:15pm-3:31pm CET

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of story at this hour, are you a secretary of state john speed, the length of his pull some more protective for civilian st. garza, speaking in tennessee and the last our goal. since that, that needs to be an immediate and a substantial increase in humanitarian aids, going into honesty have moved at the top of the advocates, the sometimes to show how that you out to the highlight for every week. nothing, not manyels and doing you belong to the 77 percent to come. so i just got on 65 last last those top 5. and here's one thing we're here to help you make up your mind. we are here on please find your mind. so all of the topics, i'm much it to you from couple fixed
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a new culture and in 15 minutes and that's part of our community life on the service. the research is now on the a few cranes economy adapt to war. time conditions economists warn labor shortages in t sectors like steel, good home for the countries, the silliest in the long term. what's coming up, a poor unexpected rise field in india pump figures. the price was to fillasy of global food supplies. this is dw business and kate ferguson, and thanks for joining me as much as warren ukraine rages on. those who have stayed in the country are adopting it toward time conditions. in recent months,
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domestic consumption has risen on electricity supply has remained stable. filled the challenges are enormous. millions of ukrainians have enough to contributing it to major labor sources in key sectors like steel. this is our party started. i saw you, you're still planting the southern ukrainian city office of pottage here. this factory has managed to keep running in defiance of stuff. shortages blocked exports, power blackouts, and the threats of russian miss either the tax, it shut down to provide the last year for the 1st time since the world war 2. now the plants manager thinks the future of ukraine's once mighty steel industry is in doubt. we know we will an ocean, the war has impacted our production as well as production of the whole mining and metals industry. so it's one of the sectors that suffered the most from the war. your call may be sure, almost 50 percent of the entire sector is not functioning today. let's see what we
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just need. they need their nipple to ukraine's annual stood up with from around $22000000.00 tons per year in 2021. to a little over 6000000 tons in 2022 off to rush us invasion. in the 1st 9 months of 2023 production was down to forward to 17 percent a year on year at nearly $4000000.00 tons. the latest data shows the slump is in part due to russia's territorial gains that have led to the loss of control over or destruction of giant plants such as stuff already started. in addition to the stop shortage, for as many work is left to serve at the front line, some of them serve at this up. what is your upfront? i'll just serve at the dawn. yes. from before rush us invasion, dermatological sector as a whole. the concept for 10 percent of ukraine's to dp and 30 percent of exports with black sea shipments virtually nonexistent to, to rochester,
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located still makers of sending as much produce wire radio to europe as they can. even the rising domestic consumption during the war is not enough to sustain a sector that used to export 4 fifths of its outputs. to talk more about the face of the ukranian economy. i'm doing that by opening at the lawn at chief economist at the rock and capital investment fund based in keys online. and you said in an interview recently that ukraine's economy is adopting to the war. how does that look on the ground? yeah, that's true. and actually uh, this year there was a surprising development, positive developments in your brains and call them in the beginning of the year receipt and a total of many sectors, especially those related to the domestic consumption. but also some experts to the engine sectors as well. so. so and the overall different cost of this year is now
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that the buyer were in a house $4.00 or 5 percent after venture 9 percent collapse last year. that growth will require workers. so and earlier this week, ukraine's economy ministers that the country's recovery depended on the return of the 4 point. 5000000 people who have fled abroad. labor shortages are a huge problem right now. what sectors are the most effective? as i think it's not a huge problem yet. i also received the report so by the companies that they do experience, i'm sure official workers, but it's not, it's not a huge problem. i know that the issue is that many people left ukraine, so they settled on in euro either. so the last and there is a not short issue of workers overall, but she doesn't qualify qualified workers. and you have the problem to become more if you run the water is over and you're going to turn the ball. and then of course
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to more of the big construction pass. so a will do vital for the government to, to uh, to return their warming grants. uh and may be rainbows needs also to attract, to work meetings from other countries. and what does the government need to do to provide for the potential return of these 4500000 people? now there's actually 6 people, 6000000 people just left to your grade, even more than when 5 can be done that the government was new. but there's, there's 6000000 people that like case please give it to the people to bits it in. i children and adults, mostly ravine them. so the security association would be so critical was that uh no. uh, what is your genius?
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uh, but also of course, so the basic service has been used to be insured. like those who uh, those uh, who lost the housing. so they, they would need to, they provide his visit at his house in schools and the access to health care will. they will also be in for teams. the ukraine has been slipping out of the headlines recently as the world's attention is focused on the israel homeless conflict. how concerned are you that the economic needs, if you claim that might be compromised as a result? yeah, that's, that's a, that's a very important for you. great. the international support remains has lots of good jacob windsor calling me the big key reason of the quite surprising because it should have gone into 400 this year is that your grade was supportive. but by international park there's nothing in the military but also financially. so this
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here is the, the i fives and the additional dollars a month on the door and i still provide the about which is to the gym dollars of financial aid to upgrade. this is the budget so forth. and basically it helps to cover the budget deficit and also supports most economic stability and the dog, the spanish and of course is, will be impossible for that concept so, so, so, so keep that and they call them a flow of so this support is vital and the show that is there continue next year because your brain fights for the, for the phone, you all and that belong there. and you can watch the full version of our interview on the dw news youtube channel. now to some of the other global business stories making news, some by one freed, once known as the crypto king has been found. guilty of 7 kinds of food and money laundering. prosecutors that he lied to investors, and lenders closing billions and losses,
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expected to face decades in prison. shipping time risk of the code, 10 sized jobs as it reports a steep drop in profit and revenue in the 3rd quarter. the danish company says lower demand of high inflation hub hearse is awesome. line a poorer than expected. why sealed in india has prompted concerns about the commodities debility on global food markets. india is total of y side. put could be done by as much as 8 percent due to a sharp fall in the winter crops because of the bad weather conditions. that plays here is that the government may extend export funds to keep prices at home, study ahead of elections. now india is by far the world's largest export or of rice. you can see it here. with thailand. vietnam unpack is done relatively far . hines back in july, a global prices search. dr. government bond export of non plus mosley. like to
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talk more about this last spring and do the corresponding tyra carts k and dally tire rice i put could be done by as much as 80 percent this year. how much of a blow is this for farmers? i would get it's nothing sort of a setback for fun. was you know, this is one, some things were uneven. first, there was a dry spell then that will floods at a lot of places where they were no slots, but then farmers had almost a cropped ready when lately a damaged the crops. so they didn't have a good harvest at all because of which now there's this for, for costs that the rise, the rice, i put my go down, the exports band, which was limited in july further dented. the sun was in command now that there is a prospect for the extension of the police explode restrictions from was a really worried. and so our treatise and this isn't only a domestic issue because india is the world's biggest wise x force, or are the effects of this disappointing yields being solved internationally. yes.
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well, the market is due to the right. now let's, let's put it that way. uh, also in the district at its price, exports in july prices and the global market jump to a 15 year high now. and that caused a major problem and a lot of countries, and especially in asia and africa because of that, governments in these countries they, they struggled to secure supplies. uh no, uh, since these prospects are emerging once again, global markets due to the uh, the fix a yes to appear. but there's definitely speculation that there's a lot of uh, concerns that if the output flows and export band is further prolonged, this might further wasn't the situation to our costs. okay. now environment as thousands of government workers helping, protesting to month, to demand fair wages for the clothes they make for major western brands saying they deserve a larger share of what is the profitable industry. the typical government work owns
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minimum wage around $75.00 a month. the factory owners offered a 20 percent increase to $90.00 a month by protest. as you say, that's not enough to make ends meet as prizes of groceries. housing in school sees search. it does whatever i'm of it, you know, i'd be working in this industry for 10 years. in that time, my salary as a new visit to $96.00 a month. and this kind of inflated markets. how can i survive with the wife and child? i need to loan every month because my salary isn't enough to feed my family. now my next step is that we make expensive clothes the clothes, then get exported and sold at higher prices abroad. the factory owners make good money, but our wages don't increase relative to the money they make. what's the problem with the owners paying us higher wages? this would be the protest erupt data over the weekend when the government
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manufacturer, us, and next port us association made the public sofa to work us. if died in sessions with police, more than 250 gum and factories have been shut up to 50, has been ransacked and vandalized. the workers and the unions are demanding and me a tripling of their wages to $208.00 a month. the output close account for almost 90 percent of the south asian countries exports supplying major brands such as adida, skip h and them and revise the clean clothes campaign group a global network supporting worker rights set. and most brands have refused to publicly back union the months for higher wages. and that is all from me. thank you so much for watching. take care the
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israel at analysis and background stories. dw news provides extended coverage. the decision, many terry and situation expense report from the scene extended coverage on t w use. next. on d w. the submitted claim is great for investing the invest. these are the everyone here just wants to get into big old quite a bit. coins digital gold and we wanted to stay here in central and south america. they known as big co narrows digital gold diggers. investors from live, uh, moving to less than america and such a big coin. treasure. no way is the cryptic currency valued more highly than here.
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but for many, the frenzy ends in ruins. we were promised high speed rail, but so far there is no sign of cisco in, in less than america starts november 8th on d, w. the i'm british manager, welcome today on the program, the following 3 stories about the israel homos for drop desperate for them possible to hold as an independent students can leave gaza only slowly while the opening period of the diction folder remains uncertain. we look back at the developments and the hostile division between israel and iran and journalists.

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