as i forget, this helping tackle in equality in the field is the state of your business, hon. it's invalid. welcome to the program. it'll get worse before it gets better. that's the assessment of germany's the economy by the panel of economic experts about advises the government invalid. and the lights is forecast by the groups sometimes referred to as the wise man and women of german economics. they are predicting the german economy will shrink by knots, point 4 percent this year as it struggle with to recover its strength before posting moderate growth of note point 7 percent in 2024 by the experts are also urging the german government to act. now to avoid long term problems to modernize the economy, because it's just linking retirement age to life expectancy, meaning that germans would wait longer to keep the pension system sustainable. among other suggestions, the expos saying that they want to make it easier for migrants to enter them,

these job market that likes the more investment in education. and also recommending changes in capital market policies to make it easier. startups to get investment fund speaking to one of the members of the gym and council of economic experts will recommend more j. i as to why jim and he's economy was struggling to recover in a way that its neighbors would not. so in some of the other european economies, he saw a big r crashed in productivity in a g d p because some of the industries are more effective. think about tourism or other service oriented industries which are maybe less heavily represented and in germany. now these economies now benefit from the catching up from getting back to prior level spotted germany. you don't see so much this up swing, but at the same time, these medium for long term factors are really want to talk about. they are kicking in right now. we are seeing the constraints in the labor market companies off

feeling the need to get more move uh uh, to increase the workforce and are not able to do it. at the same time. we do have to acknowledge that we did think consumers what you know, picked up 1st of the consumption spending would go up costs that we haven't seen that. that's one of the things that was not directly predicted. and that's a feeding into the sum of drawer numbers. because let's talk about these medium to long term effects that you've been mentioning and about the german workforce because we talk about as a medium and long term effect. but it's already have this shortage of skilled workers here in germany, for example. so what all the solutions that you and your colleagues the putting forward? yeah, so um yeah, exactly right. it's already here but um with the baby boomer generation entering retirement it will get worse. so we want to say really strongly, even if that's not happening today. that's what all the politicians should be thinking about what the people have influence on policy. and um,

so you can start by trying to address it with people already in germany. you can try to further increase labor market participation, or even our us work in particular by females. females do have a not higher participation quarter now, but it's often still part time. so getting women to, to go to full time would be one aspect um, but it will suffice. we do need to drastically increase the immigration offer a label of workforce. and um, putting a lot of effort into simplifying about making less bureaucratic, less complicated. they can less difficult to get the general acceptance of your degree abroad, that it's kind of equivalent to what we have in germany is the number one goal. if i may add one thing, which is kind of outside of my expertise, this has to be coupled with the co shelf being well coming to people of trying to help them of trying to invite them. the country and germany does not have the

greatest tradition here. when we say that we need the growth 1500000 people to immigrate into germany to keep part 400 k. net to stay here. well, we could also work on few of people leaving that would certainly also help and i think that's, imagine we can work on that as well. yeah. but these are all things that have been talked about for a while here in germany. that is no welcoming enough to, to, to farm works and isn't doing enough to attract them. is another thing that i want to, to, to pick on this mentioned in the reports as well as related to all of this and as a potential reforms to the pension age here in germany. basically, trying to get people to, to work a bit longer when you're starting things like integration and making people work along these a controversial issues as the german government got some, some tough decisions to make a or indeed. and it doesn't help to postpone them any for that. all their concerns . what's about the political consequences about political radicalization that may came up come out of such a decision. the issue is if we raise now,

it will be even more problematic in the future. so thinking about pension reform, we are to stage now we're just working on one margin. so for example, working for longer, if you're healthy, i won't suffice. we have to work on different. i mentioned, we have to get to fund the capital market based component. if to think about indexation to keep your pensions consent, that different factors with which pensions are just to, to account for change the population. it turns out we have to work with all of them while you don't even was in the count. so we have some of different views on what should be done exactly how the big message here is. it's really urgent now, and we need to work along all of the use all of these channels. otherwise, there's really little hope overcome almonza that i remember as a german economic german council of economic experts. and if you want to see the entirety invest interviews, you can ask the, the way you use this, you tube channels. now, with

a world without the internet is getting increasingly hard to imagine. but millions of australians just got an idea of what it might be like. the countries, the 2nd largest mobile network provider expanse and unexplained outage nationwide on wednesday and left many of the companies customers feeling completely cut off. despite its bright yellow slogan, it was a big no for up to its customers. on wednesday, as a nationwide system outage kept you with us locked out of payment systems and even their offices. well i ton works is that i come into the office because my office, the guy needs to download and he's bluetooth full. and because i can't open the, i'm unable to get actually into the office today. i'm looking for a crime with many australians apparently unable to navigate the street. so other parts of that life without this smartphone,

the country's communications minister took on the issue. so what we do know is that this is a deep fault. it has occurred, i think within the network it has wide ramifications across mobile, fixed and broadband services full of dis customers. it wasn't the 1st time either one and the list pointing out that outages have occurred too often over the past decades. and it is time that the government steps in to force the telecommunications industry to build redundancy into the networks and systems. meanwhile, up to says, all systems are running again and the respect to yes for their customers. let's take a look at some of the other global business stories that are making the news during chemicals company by our last 4600000000. yours in the 3rd quarter. the last as a partially down to the following price. so controversial, we'd collect life insight biased by seeing an avalanche of low series relating to

the product sold under the name round up 5 subsidiaries on some general motors as pulls the production of it's fully self driving crews. robo taxi's, california regulators, hence the suspended cruises. dr. list operations in the state after they learned that a pedestrian was dragged by a cruise vehicle that's being struck by a human driven call. that will have the will, it remains caught us all women to make headway in certain fields down then male counterparts. south africa is no exception. young female talent can find it particularly difficult to break into jobs in the engineering and technical sector. however, how was it had workshops like this may typically be a man's world, but cindy's offend is different. the south african business owner runs a marine engineering company that also trans women like 26 year old jesse. to come here to do a practical work on one hang today, me when it comes to routing entry scott and see for the welding

a frame full test pages that we, we busy making being all women owned as part of what makes this business special. a few years ago, snobs and his sisters shameeka and anita took it over from their parents. all 3 of them used to work in the financial sector. their company services and repairs ships for major clients. when they started out, the sisters lacked self confidence. that meeting with the business coach changed everything a really telling a, you know, we ought to be females and we inhibited out. oh, and probably for 50 minutes of this whining. she says, and she looked at that. and she said, you don't understand what you actually have. you don't know the posting show that you're sitting with and the company that you've what you, what is your name in here?

this is an old who actually born into that home and like within an instant, a whole mind say change things to the encouragement of this woman deicide you. for 17 years, she's been coaching women and teaching them how to network their biggest hurdle. it is definitely the patriarchal implement, go into corporate, you know, they usually paid less that they've now come off when they become on the company is they raise less money. in fact, in 2022, only 2 percent of all the venture capital that came into the continent with into the hands of female fondest. so we've been paid list, we raised less, but we're still building businesses. i think we doing more than everybody else. the organization, girl hype also wants to encourage more women to enter technical feels. sandra barton, mia has been teaching girls to code for 20 years. she also lends a helping hand in other areas. her daughter, toko,

now runs the coding classes. they've already reached more than a 1000000 girls through their programs every year that has gone through gal high now should be able to decide. i want to be in tech. yes. and way in how. but at the same time, you have this patrick extruding web of them because we have support, gro hype recruits their students through workshops and schools, with their interest in their programs steadily growing. you know, so for me, in the business team here in berlin from all you can head over to the d, w dot com slash business. or if it's, if it need to be in use youtube channel, where you can watch that extended interview that we did with rick at melbourne, ga, from the gym and cancel if economic expense. you can also find us on facebook as dw, don't business until next time. the

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minutes on d. w. what secrets lie behind these discovered new adventures and 360 degrees? and explore fascinating boats. heritage slowly dw world heritage 360. now the fast fashion as an environmental nightmare. clothing, graveyard, an image of land desert, this is where things wealthy industrial nations no longer need and the lightest textile waste gets stranded here. all about the final stuff in the global fashion industry. fast fashion.

watch now on youtube, the business dw, news assembling. israel intensifies this campaign in the gaza strip. the defense minister says is where a troops are now operating in the hearts of gauze. a city with full coordination between land and naval forces. a growing number of guidance please south on foot as israel continues it's offensive in the north. but through safety is how to fight foster. i'm and president fund 5, the stein miami. it's julia.