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tv   Business - News  Deutsche Welle  November 3, 2023 10:15pm-10:30pm CET

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hey, ferguson has a to be your business, and just a moment, she looks at labor shortages and ukraine caused by russia's invasion. and don't forget, you can always get the latest headlines on our website that is the w dot com. and if you want to follow us on social media, you can do that using the handle at the the we news. i'm fairly, kimberly, thank you so much for your company by the come have a tv highlights you every week in your inbox, subscribe. now base up level out from g is do you see in the middle? dasha deacon, sasha organizing reconstruction to the new houses and renewed us. it's getting cold. the rates of pulling simons,
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the volunteers will winter season mission. kids tick, nursing rebuild jobs, move indices, dw, the c 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 reichfield in india pump figures. the price of stability of global food supplies. this is dw business and k ferguson. and thanks for joining me as much as war and ukraine rages on. those who 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 2 sectors like steel. this is the party started, i saw you if 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. they 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 5 from around $22000000.00 tons per year in 2021 to a little over $6000000.00. tons and 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 front? 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 stage of the cleaning 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 adapting 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 we see and a total of many sectors, especially those related to the domestic consumption but also some experts to the end of the sectors as well. uh so, and the overall to for the customer this year is now that the buyer were in
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a house 4 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 countries recovery, depended on the return of the 4500000 people who have fled abroad. labor shortages are a huge problem right now. what factors are the most effective, or i think it's not a huge problem yet. also receive a report to about 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, others. and my last and that is, i'm not sure if that should work as a little, 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
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course, to more of the big, big construction, no pets. uh, so the vital for the government to, to uh, to return their, uh, warming grants. uh, and maybe a brand new needs also to attract, to work me brands 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 peoples of left to your grade, even more than 4.5 can be done that the government was new. but they are 6000000 people uh like a split future computer certificate in uh children and adults mostly having them. so the security association will be so critical for the panel. well, what if you would use it?
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but also of course. so the basic service has been used to be insured, like those who um 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 the, that's a very important for you. great. the international support remains to advise, so jacob windsor calling me and the 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
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financially. so this here is the, the i fives and the additional dollars a month on the door and i still provide the balance, which is sort of medium dollars of financial aid to upgrade this direct project support. and basically that helps to cover their budget taxes and also supports most economic stability and the dog or spanish. and of course it will be impossible for the concept to uh to, to keep them and they call them a blow. and so this support is vital and the show that as they're continuing next year, because your brain fights for them for the fall when you're on an up and down 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, signed by one fried ones 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 and present shipping time may i ask, who's the co 10 size and jobs as a report, a steep drop in profit and revenue. and the 3rd course or the day news 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 cro because of bad weather conditions. that's raise fears 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 on pakistan relatively far. the heinz back in july global prices search. dr. government bond export of non bus mosley. like to talk more about this last
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spring and dw correspondence, our cards k in daily terror, 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, are 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 day if these explode, restrictions from was a really worried. and so a treatise and this isn't only a domestic issue because india is the world's biggest rise x force, or are the effects of this disappointing yields being felt internationally. yes.
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what of the market is due to the right now let's, let's put it that way. of officer in the district that it's rice exports in july prices and the global market jumped to a 15 year high now. and that caused a major problem in a lot of countries. and especially in asia and africa because of that, governments, in these countries, they struggled to secure supplies. now, since these prospects are emerging, once again, global markets due to the defects a yes, do appear, but there's definitely speculation. then there's a lot of concerns that if the output follows an export ban is further prolonged. this might further wasn't the situation to our carts. 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 or what is the profitable industry?
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the typical government work owns 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 prices of groceries. housing in school fees search. it does whatever i'm of it. you know, i've been working in this industry for 10 years in that time, my salary as a new residence in $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 check my my. we make expensive clothes to close, then get exported and sold of 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? so now 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. 250 has been ransacked and vandalized. the workers and the unions are demanding in 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 said 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 . the new will tell you
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the story. we have a getting a visa is more difficult than finding gold hosted to you for the, for the present in the stories and issues that are being discussed across the country. are you news african next on d, w bio diversity in one of the most solutions cities in the world. like going the environmental, john and as to how is curious and takes us along. how john, how can these regions of biodiversity survives? and how can we protect from eco india? in 60 minutes on the d w,
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we say they're about never giving up every weekend on d w the, this is dw news africa coming up on the program results from germany for it's colonial era atrocities. but is that enough to a tone for the damage done a gesture from germany's president during a visit to times in the asking for forgiveness for his country's brutal actions in its former colony. also coming up 3 generations on and the pain is still felt intense. any among the families of those the gem is killed. they tell us.

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