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tv   Business - News  Deutsche Welle  November 4, 2023 2:15am-2:31am CET

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the ministry says it's closing in on goss associates and has confirmed a strike on an ambulance that it says from us was using outside golf is biggest hospital because our officials say there are thousands of dead ends with us that you're up to date off next is business with my colleagues, katie ferguson. i'll see you soon. take care by the she w. this is the, is available to them and it has never been since the germans base up level out from g, as you can see in the middle. dasha because i'm such a organizing reconstruction to the new houses and you
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told us it's getting cold the rates of holding sign and the volunteers will winterstein their mission. kids particularly seeing rebuild dogs move indices, dw, the cranes economy, adapt to war, time conditions. economists born labor shortages in t sectors like steel, good home for the country sicilian in the long term. what's coming up, a poor unexpected rise field in india. pumps figures are priceless to fillasy of global food supplies. this is dw business and k ferguson. and thanks for joining me as much as war and ukraine rages on,
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those who've stayed in the country are adopting it toward time conditions. in recent months, 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 the party started as for 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 threat of russian ms. i have a 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 will an ocean dive or has impacted our production as well as production of to whole mining and metals industries. 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,
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we 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 4 to 17 percent a year on year at nearly $4000000.00 tons. the latest data shows the slump is in part due to rochester, toyota 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 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. before rush us invasion, dermatological sector as a whole. the concept for 10 percent of ukraine's gdp and taught 2 percent of
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experts with blacks, the shipments virtually non existent to, to rochester, located still makers of sending as much produce wire radio to europe as they can. even 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 owning it, belong to the chief economist out rocking capital investment fund based in keys online. and you said in an interview recently that ukraine 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 developments, 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 ex custodians
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and sectors as well. so. so and the overall to for the cost of this year is now that the buyer were in a house $4.00 or 5 percent after the bank to 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 sectors of the most effective, as i think it's not a huge problem yet, also receive the reports. 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 today or the last and that is not short to should of work as a literal but short visual, qualify uh,
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qualified workers and you have the problem to become more if you run the water is over and you're going to turn on then of course, to more of the big, big construction the past. so the vital for the government to, to uh, to return their warming grants. uh and may be wrangles 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 people just left to your grade even more than 4.5 can be done that the government was new. but there's the 6000000 people uh like a split future, the future bits bins i children and adults. mostly i'm letting them. so the security association will be so critical was an internal law
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refugees. but also of course, so the basic service has been used to be insured. like those who um, uh, those uh, who lost their uh, housing. so they, they would need to, they provide his visit at his house in schools to an access to health care who they were also going for teams. so 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, that's the, that's a very important for you. great. the international. so for 3 man so far, so good to go. when things are calling me the key reason of the quite surprising because it sort of gone into 400 this year is that your grade was supportive but by
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international partners, not only ministry, but also financially. so this here is the, the i fives and the additional dollars a month on the door and i still provide to both, which is sort of being jim dollars of financial aid. so your grade, this is direct project support and basic and it helps to cover the budget deficit and also support most economic stability and the dogs is spanish and of course it will be impossible for the concert to so so, so keep that and they call them a flow of so this support is vital and the show that they're continuing next year because your brain fights for them for the whole, your own 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 som, by one fried once known as the crypto king has been found. guilty of 7 kinds of food and money laundering. prosecutors that he lied to investors,
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and lenders closing billions in losses 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 in the 3rd quarter. the danish company says lower demand of high inflation, high purchase 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 the bad weather conditions. that plays 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 hines back in july global prices search. dr. government bond export
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of non plus mosley. like to talk more about that. so let's bring into the correspondence our 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 to get? it's nothing sort of a setback for farmers know. this is one, some things were uneven. first, there was a dry spell, then they were 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, right? so i put my go down the export band, which was limited in july further than did the summers and come and know that there is a prospect for the extension of the police exploit restrictions from was a really worried and so treatise and this isn't only a domestic issue because india is the world's biggest wise x force,
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or are the effects of this disappointing yields being felt internationally. yes. well, the market is due to the right now let's, let's put it that way. of also in the district that it's rice 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 gets to a b a. but there's definitely speculation that there's a lot of concern that if the output follows an export band is further prolonged, this might further wasn't the situation to our carts. okay. now environment does thousands of government workers helping, protesting to month, to demand fair wages for the clothes they make for major western bronze saying they
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deserve a larger share of what is the profitable industry. 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. but protest as you say, that's not enough to make ends meet a surprises of groceries. housing and school sees search. it does what type of i'm of it. you know, i'd be working in this industry for 10 years. in that time, my salary as a new vision to $96.00 a month in this kind of inflated markets. how can i survive with a wife and child? i need to loan every month because my salary isn't enough to feed my family. now my next up was that's why we make expensive clothes. the clothes 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?
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so now this would be, the protest erupted over the weekend when the government manufacturer, us the next port us association made the public sofa to work us have died in sessions with police. more than 250 government factories have been shut up to 50. 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
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know simple way to substitute direct to oxford and my dear travels along with him as a back to a young country that has known almost her family's history as inseparably links to the struggles of freedom and the desire in 45 minutes on d w, the in many countries, education is still a privilege. property is one of the main causes some young children walk in mind. charles, instead of going to class others, can attend classes, the minions of children of the world. collins going to school
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we also want to just education makes the world make up your own mind. made for mines. the he said before, and you said it again. how israel does this matters. you a secretary of state, and to me blinking is back in the middle east as washington works at stopping the israel home. us war from spreading support for israel's rights to defend itself. yes. but also calls for humanitarian pauses and the offensive. and for israel to do more to prevent harm to palestinian civilians, but no letter from israel for the moment. prime minister benjamin netanyahu, who was blunt demand to her mos release all the hostages. first we can talk about.

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