tv Business - News Deutsche Welle November 8, 2023 10:15pm-10:30pm CET
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a heavy rainstorm since the start of the month, triggering land slides and flooding, villages in full, it's you watching the w. news of next rob watch has dw business news. i will see you tomorrow. the come have a few. she's out t v highlights you every week in your inbox, subscribe. now one of mankind's oldest ambitions to be within reach. what is it really is possible to reverse the
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researchers and scientists all over the world for you know, race against time? they are peers and rivals with one daring goals to help smart nature. the more likes watching it on youtube dw documentary, the act now to avoid falling fall behind the german government to this to introduce new policies to attract work as a boost stops of investments. but is it already too late? australia, it goes offline, an outage of the country, 2nd largest mobile provider is millions of australians without the internet. i'm giving women engine is a head starts. we visits and full female workshop in south africa was helping
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tackle in equality in the field. is the state of the business, hon. it's invalid. welcome to the program or 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 light is forecast by the group, sometimes referred to as the wise man and women of german economics. they are predicting the german economy will shrink by north point 4 percent this year as it struggle with to recover its strength before posting moderate growth of note point 7 percent in 2020 full for 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 of the expos saying that they want to make it easier for
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migrants to entity them, these job market that likes the more investment in education. and then 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 g. i as to why jim and he's economy was struggling to recover in a way that its neighbors were not. so in some of the other european economies, how big are 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 may be less heavily represented in, in germany. now these economies now benefit from the catching up from getting back to prior levels by germany. you don't see so much this spring, but at the same time, these medium to 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
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feeling the need to get to market 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, pick up 1st of the consumption spending would go up costs, or 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. let's talk about these medium to long term effects that you've been mentioning about in 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, the people who have influence on policy. and so you can start by trying to address
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it with people who are already in germany. you can try to further increase labor market participation, or even our us work in particular by females. a few minutes 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 workforce and putting a lot of effort into simplifying by making it a little 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 you have in germany is. and number one goal is if i may add one thing, which is a kind of outside of my expertise, this has to be coupled with the co shelf being what coming to people of trying to help them of trying to invite them. the country and germany does not have the
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greatest tradition here. when we say that we need a gross 1500000 people to immigrate into germany to keep pot 400 k net to stay here. well, we could also work on the few 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 and to many 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 report as well. it is related to all of this and is a potential reforms to the pension age here in germany. basically, trying to get people to, to work a bit longer when you throw in things like immigration and making people work for long. it is a controversial issues as a german government got some, some tough decisions to make this indeed, and it doesn't help to postpone them any for that awesome their concerns. what's about the political consequences about political radicalization that make came come out of such a decision. the issue is if we raise now,
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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 of working for longer, if you're healthy, you won't suffice. we have to work on different time mentioned, we have to get to fund the capital market based component. if to think about indexation, to keep your pensions constant. that different factors with which pensions adjusted to account for changes in the population. it turns out we have to work with all of them while, you know, even was in the cold. 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 a long ga that i remember as a gym and economic jim and council of economic experts. and if you want to see entire, as you've us interviewed, you can ask either way you can use as you tube channels. now, with
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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 expands an 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 know for optis customers on wednesday. as a nationwide system outage kept you with us locked out of payments systems and even their offices. a well i ton works is that i come into the office because my office and the guy needs to download and these bluetooth is 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 of the trainings, apparently unable to navigate the street. so other parts of that life without this
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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 uh, date within the network. it has wide ramifications across mobile, fixed and broadband service is full of just 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 different chemicals company by a 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 suits relating to
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the product sold under the name round up 5 subsidiaries on some general motors as pulls the production of its 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 curious vehicle that's being struck by a human driven call. now over the world, it remains caught us old 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 it was, it had workshops like this, made typically be a man's world. but since these affinities is different, the south african business owner runs a marine engineering company that also trans women like 26 year old jessie. 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
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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, so now's and his sister's shameeka, in a nico 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. the meeting with the business coach changed everything i was telling a, you know, we all 3 females and we inhibited aldo, and probably for 50 minutes of this whining. she says, and she looked at us. and she said, maybe 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,
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just as adults who actually born into that home and like within an instant, i'll hold mine 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, thing usually paid less. the demo come to us. 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 c, my 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 fields. it's sandra barton, mia has been teaching girls to code for 20 years. she also lends a helping hand in other areas as her daughter, toko,
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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 don't until next time, the lots and lots of children to, to fuse the wells population is growing at on the balanced rates. in some places it seems to present
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to us on d. w. new equipment to find the climate crisis. agricultural machinery is being restored by the manufacturer machine to protect soil and health to water. the designs of going down well with the farmers and generating records process full that produce made in germany in 60 minutes on d, w, the words people have to say that's why we listen to every weekend on d w the
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