eating cultures around the world, people learn to classify small handful of animals of edible and all the rest they classify as disgusting. w series about our complex relationship with animals. the great debate, what you know, on youtube dw documentary, the many central banks across the world are trying to reduce their reliance on the us dollar. they've been turning to gold to do that. demand for the precious metal as storing gold as long been considered a safe haven asset. and that's something that is even more apparent in volt old times like these will be looking at gold and events. double rise on this edition of a made dw business magazine. here are the other topics. driving l g b t cube,

less friendly businesses in poland. how every cultural machinery is supporting climate adaptation and recruitment agency, goal german trends to asia for trainings to bondage and bellow. welcome to the show . we're going to start with gold, which is all the rage right now. the vast majority of the earth gold wizards were formed. billions of years ago when stars died and collided resulting in supernova. and the rest comes from nature writes have landed on the earth surface from the outer space. the agent incas leap cold was the tears of a son. it is without doubt the most valued precious metal around the world. and that's why it's a symbol of power. well, n p use gold was 1st of use as a kind of international currency and asian pro. centuries ago, the meta was exchange for spices in india, silk and shiny gold. as the test of time, it has become

a safe haven for investors in times of uncertainty and global prices. and that's something i'll report out in the chat as schmidt has been looking into. the gold prices are high, but traders and investors are buying it in drugs. hockey, shipped to the world gold council, estimates that an average of a $130000000000.00 us dollars are traded per day. talk, decrease, and central banks around the world are buying gold at an astonishing rate for a house being this problem. for many countries where the international payment of some settlement systems is dominated by the us and by the us dollar. the central banks are in a kind of gold rush, but why and why is this man happy about that? decades ago the world monetary system was based on the us central bank promised to

exchange an ounce of it for $35.00 at any time. as i'm as an investment, gold has a very, very long should i should have been on it much longer than most traditional currencies then dealing with the evidence suggests the ancient egyptians the prospect it for gold 4000 years ago. not quite sure. yeah. that's how long the tradition has existed and that presumably plays a very, very big role. including for the fact that it was long used as an anchor for many currency systems. to view the schema. and what is the goal to dollar a guarantee is a thing of the past. and until recently, central banks were cutting back on their gold reserves. but in the past 18 months, a number of central banks have been loading up on gold with these 5 countries as the leading purchasers world wide, central banks have been scooping up gold at the fastest pace. and over 50 years the

young central banks concerned about their exposure to the. ready solar and the bill . ready in the sense of sanctions and or. ready leasing of central bank assets. and then on the retail side, we seeing a brand new on demand from countries like turkey, where there is a very strong concerned about currency depreciation. and then more recently in the last month, in fact, in china, where we have similar concerns arising. so are some countries buying gold in order to pursue a much bigger goal, perhaps to end the dominance of the us dollar and international trade. even now international purchases are usually made in us dollars, much to the dismay of china, which has been on a goal buying spree for years. they want their huge stock pile to a road the dollars dominance. that process really hasn't gone very far. the china is now transacting commodities, seem you, while i'm on, for example,

at frontier have contracts on that basis. but when you look at the share of the dollar within the global trading, i'm central settlement systems. the dollar is still really don't minute. so i think it's something that will come over time, but i think it's going to be a very slower process. it's a situation that serving of russia well, moscow is sitting on the world's 5th largest gold reserves. not long ago. it's said to have sold hundreds of millions of us dollars worth of gold plumping up portends for, and currency reserves. despite the international sanctions. analysts expect that over the next to months, a number of central banks will continue stocking up on cold. so will the price of gold continue to rise, even though it's already reached a historic kind i do assume that perhaps in the coming year we'll set a new record for the price of gold. and i think the central bank,

it's will be an important factor in determining whether that premium can continue to remain in place. the high demand and the jewelry industry is another factor. it's one of the top buyers of cold. that's also likely to keep prices high, which in turn is good for the central banks because it boosts the value of their gold reserves. now it's time for another kind of gold rush started by the us fast food chain of donald's. in 1940, it opened its 1st restaurant today. it is the world leading fast food chain, like best buy sells revenue, or the turnover of nearly $22000000000.00 euros last year. it's concept as simple. it serves 10 to dice burgers around the world in the us europe last in america, africa, and asia. the big mac is available on every continents except point toxic up. and it is made in the same way in every country. as the bonds patty onions pickles,

let us cheese and catch up. it's the same in some 40300 franchise restaurants in a 120 countries. but it's not both most failing for mcdonalds. it is face criticism for hygiene, working conditions, and mass production of the which is bad for the climate. but for economists, the global presence of the big mac has come in handy in another way to see how different countries compare economically. my colleague underestimate what health explains bergen nomics. what is the big mac index? the big mac is sold all over the world. but the same burger from the same fast food chain doesn't trust the same and every country. why is bad? and what does it mean? according to one's theory, a perfectly functional global market wouldn't have these kinds of price differences . the fact that they do exist is because of differences in purchasing power in different countries. the big mac index as an informal tool to capture these

differences. it was devised by economists editor pamelor, what of and published in the british magazine in 1986. the index uses the price of a big back in the united states as its reference in the us. a burger costs the equivalent of 5 years and $0.28 in july 2023 in south africa. it cost about half that to euro and $0.66. in other words, purchasing power in south africa is only about half of what it is in the us. and there are other important differences. a big mac is most expensive in switzerland, at 7 euro is and $0.32, and cheapest in taiwan to euro is and $26.00 that 0. so it is in between at about 5 years and $0.51. but this an portal indicator also has its critics. other factors affect the price, such as transport, cost, labor costs, energy prices,

differences within a country, and affluence and demand and each country are included and big macs are sold in some countries. like you run and government subs helps give rise to other informal indexes, types of products, like the apples i've had many port ikea philly bookshelves but because it's so vivid, the big mac index remains popular and the index is still published every year in recent years, paul ins, eligibility group less community has faced more restrictions under a ride when government, but that didn't stop queer individuals and allies from coming up with products that serve the community. and now with a new incoming government that is more liberal, their firms could also benefit of correspondence. chuck power was in poland and met with the owners of l. g, p t to plus friendly companies,

a residential building in central ball so that in the basements, the shop of de couple sebastian invoice check and the business to bob suki, published for the 2 badges. they create tons made bags and accessories each with a rainbow flag attached to show the support the opponents l g b t q community. there's a hitch, a member of our staff, and that's our big furniture chain, with a global presence or the clothing chain can use this symbol. but there is no message linked to reviews that she has not been is up in a 2nd. they do not support any of the energy b, p organizations. if they have brands as well rather than just for verification. i believe their desire is to capitalize on some of these on ping money from the marketing. and so they're into a backpack costs around 55, your raise, but the customers gets a 10. your discount?

if they can prove they've donated to a pro l g b t q organization. how would you be to life in poland? isn't easy. the right wing government, which had been in power for 8 years, has made it difficult for n g o's, which supports l. g, b, t q, right? these bags the best in, is selling it to be sold to business. the french cosmetics brand gone a. this is everything for us now. um is sometimes the entire tires because we have the lots of work and the on the for 12 of us and then lucky. so it's nice. well, that product so made from of cost they acquired free from of the tech style businesses. this is a small business here and more so they make all of that products here themselves. but the problem is with corporate clients now on board, that they can grow, not just within the o g, b, t community, as another business promoting i would you be teach you acceptance imposed in these

cubic to based in the western time of the food, a famous polish flint salt brand from the ninety's, which sort say it was dwindling to a few 100 pads per year. right, so i have to make his epsky was part of a takeover team in 2018. read them to the brand and started running pro. would you b t q, public campaigns? we could expect that there will be some reactions which are not so nice and they were, they said, you know, i was never by again where you all sleep close and we say, okay, good luck. but much more thing that night, turning over 6000000 your race? yeah, i'm starting so i decide if pollings board is including in germany. these a business is considered part of the pink economy, a time used to describe the purchasing power of the l g b t. community. according to 2022 data from 9 consulting, poland, so called pink economy is with 35800000000. yours per yeah,

it's the 7th biggest pink economy in the your opinion and growing. so if you were ben and jerry, so pen chain for example, both of which have undertaken fairly significant commercial marketing campaigns which feature eligibility plus content in poland and recent years. you are thinking i would suggest both with your heart and with your head pulling cdp is nearly 700000000000 yours. so the pink economy makes up just over 5 percent when economists to have in poland told us the government is wise to keep political positions. i would have economics in order to let businesses thrive. i'm not a big fan of every day. intervention isn't my of, of the government's to the economy. it's, it's what's the market is driving to growth in the long period of time. and most countries which 5 is basically they, they create the regulations that can enable individuals and businesses, depriving them but what deposed on the streets. think of the so called pink economy

. my 1st, the 4th about that it's a, it's something could come on with barbie. what does that mean? it's i don't know whey have no idea actually. i know what does it go to somebody and they know what to say. a green money. the lower the quantity stuck in the workshop, devolve a suitcase. business is a labor of love. they hope that contributions to the power this economy can also bring acceptance and rainbows into published society. climate change poses major challenges for the i, we cultural sector. you finding methods are required along side the new machines that are adopted for the techniques. and example, the preparation of land sewing, using shallow tillage. it's a metal that's already widely used in north and south america. and now more york and farmers are turning to it as the continent faces more droughts of

the climate change is also making itself felt in germany. and the stones, heavy, rain and flooding are increasingly common. ssl foil is being washed away. drought is also a problem. i'll send it fairly rains for months on end. crops of withering on the fields and farm land is this dry is done not long ago. how does gamma to because of the family farm? is he afraid of climate change? travel kind of, i'm not afraid of climate change, we'll have 2 of them. but that's true for every economic sector. the most adaptable ones are the ones who survive. and i think the farming will meet that challenge, the language of the unpleasant kind of the psalm and not the central gemini has been in the family's hands for 3 generations kind of gamma and has found the agree . they want to form the 400 heck to sustainably using of little synthetic

fertilizers and pesticides as possible. in the past, every farm had to plow like this one. but the plough has been retired and it's just rusting away. instead, hannah is gamma decided to switch to a new method that doesn't rely on telling the soil, and they've been bored when i plow my field. this oil on the surface is doc on the ground or that absorbs more heat from the sun, both ends and produces more milton through evaporation. for doing so, the, the new method is cold, know till foaming by using machinery that minimizes soil disturbance less fluid to evaporates and more ends up in the soil, which is important during dry spells. and the natural soil structure is preserved stuff i include this so this new kind of machinery, the foster than traditional ones. and the lay out of the blades and roll is, is also new. they leave a crow for us a g on the ground,

which protects the soil of bypassing the moist. but we didn't have a layer of ammonia lining crop residue. on the top, the sorrel cools off, and less water evaporates from it. and any of us have you thought of doing some during the plunging season? how does gamma also takes care to keep the soil structure as intact as possible to help keep what most of that is in the ground? he used as a direct sewing machine to plant the seeds and the moist soil. underneath the cro. brent of g. he plots a variety of crops and even when that's little rain, his heels is good. that's also because the no tool method helps create a healthy soil eco system. us williams play and especially important role. they borroughs through the soil which helps that so cut bullshit or like a sponge. and it's a sustainable method of soil improvement, because the us ones on the job year round meetings, the mazda ones,

our most important employees. but they break down organic material on the south side and turn it into shoes underground for months. so they fertilize the soil and the size of the mountain inborn falls off. without us, williams was a isn't absorbed well after a heavy rain, it runs off in torrents, taking the top soil with it, and a road stretch of land can take decades to regenerate a german farm machinery manufacturer as a reaping record profits, an estimated 19000000000. yours this yeah. co calling is a family owned company that sells machinery used to know till and shallow tillage, farming and direct seating big o foster and wide to all the watchwords of the industry. some of the machine sofa as much as a german luxury call. in steam mix of own cooler seeing or mid sized man,

or large fargo's and financing is always related to the amount of land they can design the material for a small farm investing and such a large machine might not make sense. but in a minute size, the large farm, you have a lot more land to cover the ok. and so given the economies of scale i machine will pay for itself relatively quickly on the machine. if i service a tennis gamma is aging root crop harvester will also be replaced soon by a specially designed machine. it's wide offset wheels help distribute the harvest as weights on the ground so that it doesn't crush all the us ones. it's an expensive machine, so he's planning to buy it together with a nearby family farm that's run by a friend. that was one of us. so you have to be willing to compromise, of course, and you have to be on the same wavelength, and that's what i do, things that this solution will become increasingly popular for smaller family functions, the theme, the mix of your flex,

your home with the know till method and solutions like these kind of gamma is convinced his father can adapt to climate change. germany has a shortage of skilled professionals, is just not enough young people to replace boomers, a generation that is reaching retirement age. german firms are increasingly looking abroad to countries outside the easy to help them recruit the talent they need. and some of those workers are coming all the way from southeast asia, mainly from malaysia, indonesia and viet. now, one equipment agency specializes in hiring trainings for businesses here in germany . and the demand is huge. ranging from technical jobs in industry to care work, and even the fluid sector. we take a look at what is bringing these young trainees to germany and how they are fearing once they get here. are these 3 young indonesians from jakarta

are the new trainees. that's a gm machine engineering company in the east german city of kira they arrived in germany just 2 weeks ago. so they're still finding their bearings. but there's one thing they've noticed already. you direct most drums direct. they say exactly what's on their mind. in, in costs it isn't any denise, you, you have to be more polite to leave the vocational training, they'll get here will enhance their career opportunities. it's not easy to get a job in indonesia right now. last year, managing director of funds to meet you. it wasn't able to find any training is from germany. he's got high hopes for the indonesian recruits are feeling fine. it is full of quitting for the cause of the economic situation there. you can assume that they're motivated. you with their families, send them here for a reason, dollars and yeah, after 6, they're told to learn their training and maybe then help support their families

back at home. and either from i in 5 young shop is in charge of vocational training. these are as 1st indonesian trainees in the name of the trainees from indonesia are very grateful, very punctual, and see what they're doing here as an opportunity for phones and obligations. which is the impression you often get from the german trainings. and let me know if, if that was on shenker recruits trainees from southeast asia, doing client outreach at an international trade fair for the banking industry. the, i'll talk to you today just, it's not a particularly attractive job for many young germans these days. so it's smart to take a look outside or border and even in the other corner of the world, shanker used to teach german in vietnam. and so how interested his students were in germany. he launched to go german, which is meanwhile placed more than

a 1000 trainees. most of them stay on here. the state 5, the main reason is because once they complete vocational training in germany, they can look forward to a much better income. here is a go back to indonesia of it. now malaysia, they own about 3 to 400 years a month and whatnot. but germany's banking industry also has a shortage of skilled workers. when have go germans, clients times to bring in more trainees from indonesia this year. they're supposed to be the problem. we've already had positive experience and so we're quite interested in doing more with this side stuff. it has to be a bit envious because now that he is recruiting here, other employers will also start looking for good employees here too. and definitely that's a problem. restaurant manager alexandro below is also happy with their immunization training to you at project on the asian dishes, are prepared right in front of the customers. the new trainees, violem michelle, and not ton fit right into the team. in one and a half years,

we've had only positive experiences by the i've also funded, they just have a very hardworking added to life. it's been their plight purplish. and you can always count on like a multi to kind of doing a vocational training course in the food service industry that includes cooking, hospitality, services and business administration. and they already know they want to stay in germany. why? i can have a better life, easier and earn more money i but it's got all medical coleman is vanda, c, a s my work here a while 1st, and the people with my colleagues and it's another fund your mission issue and say, i'd like to keep working or maybe studying or go to university at the end of the day house on mobile, on it, and not on taking home to their 3 room apartments that they do feel a bit homesick and often talk to their parents at home phone on his mother is proud

of him and believes there's 3 shipping germany will bring him a bright future. mo 9 and her son still aren't sure yet, but they'll do afterwards. but not town already knows. he wants to stay in germany and hopes to study aeronautical engineering. and that brings us to the end of today's edition of made. thank you so much for watching to join us again next time. and remember, you can always watch all of our reports online until then for me, an entire team here in berlin. good bye. take care the

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might see me. how much can we do simultaneously? multitasking these, the modern methods. because if we do too much at $130.00 all wrong mess, things up, risking brain damage. so let's stop this self sabotage, humans and multitasking watch. now on youtube, v. w documentary, the

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business, dw news line from ballot is rel, intensifies its companion in the gaza strip. the defense minister says, is there any troops on now operating of the honda of kansas city with full coordination between land, air and sea? forcing the growing number of guys in slaves south on foot as israel con, continue to hit the north with strikes. that's true. safety is how to find cause us over. well.