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tv   Business - News  Deutsche Welle  November 17, 2023 4:45pm-5:01pm CET

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in germany, attract workers from abroad and help offset the countries and shrinking workforce. hello and welcome to our show. obviously compared to the implant folders in argentina, go to the polls this weekend for a presidential run off with one issue looming large the countries terrible economy . that's created room for a far right candidate with some unconventional ideas that to some voters have become more appealing in argentina's pompous boston for tal grassland stretch as far as the i can see here. farm is like maxime of who's are fed up with excessive government controls. and taxes that up long choke the agricultural industry. so they are betting on the battalion outside of human life. and the presidents who likes a cd i. i agree with the ideas of our freedom more opening on the economy, leg in the market, regularly, the economy, you know, like we've had so far where the states regulates it. you know, what do we most of our, like a lot of like would i like follow the farmers hope that if the entire system is
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liberalize exports will be opened up that could attract investment and lead to higher production. other farm is reject both candidates. that's because they no longer trust any government. this is heath almost you guys have what do you think we need state policies that don't keep swinging from left to right. we need governments that aren't corrupt legal. that if they tax us, those the money goes where it should or the width, okay, was that out of the didn't gate is after the countries words dropped in a century caused with cultural exports to plummet and trigger a shortfall of $20000000000.00 in revenue. the industries expecting an excellent harvest in 2024. some few this boom will lead to even more taxes. if sergio mazda wins, they hope for when a free market outside of having the lady who has said he will get rid of the central bank and the low rise the economy in how many you think a list is the allows the political scene isn't transformation. in turmoil and
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a much more radical right wing and i stayed an anti tax proposal has emerged with great strand. well, i don't know if everyone but many produces feet as a kind of light at the end of the tunnel. no says he thought of it and we'll jump it over the door is been i, when i sort of think of more the loose as you now lives doing in those have a great culture, contributes up to a border of the countries g d p. however, experts say the sparsely populated countryside does not have a huge impact on the outcome of the fold on sunday. so far, pernice economy administered said joe, myself is leading in the latest national polls. alejandro robles c o joins me now from buenos aires. a 100 welcome to give us a sense of how bad this argentinian economy is right now. to do now is suffering an inflation of 142 percent this year. it's not technically hyper
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information that is more than 50 percent in a month. but in october it was 8 percent only, and it's over in september 12 percent. and the risk of night the hyper inpatient is around the corner and the economy is decreasing around one percent because of the story code brought, aggravated by them i teach a improvement. it's no 6 percent, but most of the many argentines, a work in the, i'm for money going to be on 40 percent of fortune to use our poor. okay, the leading candidates said your mazda is presiding over this economy, as the economy minister can he convince voters that he's going to improve it as president? it is very difficult for my these the people that key code improved the economy that is going getting wars unit easier with him as a con we meet you sir,
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but he has a chance to win. the next is sunday because of what racing in front of him is a really a candidate that provokes a fear to some part of the population. because of he's a father, right ideas. he's economic and political proposals and a mess up. now he's trying to say that he will form a unit, and that's all you need to government, not only with better needs but with openings, and he will achieve what he called into to present me, sir, that is a pick up surplus and competitive exchange rate. mulay wants to get rid of the central bank, bring in the us dollar, even privatize the health system. do his voters find these ideas attractive, or is it just about change? some of them the a be leaving this abs. that's a other, not a other, a one's own. it change the ones that they are tire after it, 18 years old. federal needs the own interrupted by 4 years of the elaborate
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precedent. that mode is still not getting a new ally of the late and because of these new alliance. now in the days trying to change who's propose as for example, he said that you want to contain a public health system. all right, we don't know if it would be free or pay. alejandro robles here on the windows address. thank you very much. rushes lower parliament. the duma has given the green lights of the largest federal budget in the country's history. spending is now set to rise by around 25 percent next year, with record amounts go into the military. for the 1st time in modern russian history, defense spending is now anticipated to surpass social spending. this as the kremlin fights a bloody war and ukraine and am so strengthened backing for president vladimir putin with the head of presidential elections in march without spending in turn comes, the economic situation in russia remains complicated. not just because of western
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sanctions. on the one hand, the wars driving growth throughout much of the russian economy, but it's also driving inflation. while the countrywide mobilization has taken tens of thousands out of the workforce mother off to die a step i know of us life has changed. in the past, the family used to go out to eat in the city of st. petersburg. now they have to stay home to save money. of course, from a business you go to the grocery store well before you can swing by fluid to us of thousands roubles for 3 or 4 days easily. but no, a 1000 roubles is nothing. you can only buy food to cover every day, needs like milk, you're good to read, and that's it. official figures show that the restaurants economy is growing, but the war is costly. every 3rd rouble will go to defend spending and the next budget costs are rising. and inflation in october rose to 6.7 percent.
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both of okay, here's the many people and very little it's the official numbers for very poor people whose income is below the living wage fluctuate as the government tweaks the numbers. but they fluctuate between 12 and 14000000 people buy from economists even talking about 20000000 people. so it's every 7 russian living in poverty. and this seems to be true that the issue with you and food inflation is something that's hitting them hots. but the support for russian president vladimir putin, the remains high, according to us. so the buy pools deliver to that, despite the rising poverty over to germany now, where the 1st phase of the countries, new immigration reform law goes into effect this weekend. the aim to address chronic labor shortages in key sectors like i t, health care and engineering by making it easier to attract workers from abroad.
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we'll look at the law in just a moment. but 1st, here's a look at the kind of workers it aims to attract these 3 indonesians from jakarta, all the new apprentices that the machine manufacturer i gave them and gave up. that training begins with filing and sewing. they lived in germany, justin to 2 weeks ago. but all 3 made the same up sedation, the direct, most germans are directly to that money. they say exactly what's on the mind and of course, a know needs. uh, you have to be more polite now. hopefully the 3 are off to batch a career opportunities with german training. they say it's not easy to find work in indonesia right now. that boss is frankly, scripts. last year he couldn't find a single german apprentice. he has high hopes for the indonesians are feeling fine because of the economic situation there. you can assume that they have motivated to
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all the families sent them here for reason. they have told to learn a trade and maybe then help support their families. but get home for days, so we looked at so it's been in the shrink of places, apprentices. he's finding new clients at the international bakery fair in munich. he's placed over a 1000 to stay in germany off to that training. that's the, the main reason this, because once they complete vocational training, he in germany, they can look forward to a much better time. come here. if they go back to a new nissan of vietnam, malaysia, they own about $300.00 or $400.00 euros a month. i think it's time off for hassan's molanda and they said they lived together in the 3 room apartment. they do feel homesick sometimes and talk a lot with the parents, milan. his mother is proud of her son, believes that he has good career prospects with the german training.
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no, lama and tests. i don't know what will happen next. only nathan has decided to stay in germany. his dream is to study at craft construction. all right, we talked about the new german reform. here's our reporter, kate ferguson. with more on what it can do. the question is, how do you convince people to work in germany and crucially to stay? and the part of these reforms are about making it easier for foreigners to come the 1st place and to give them more time to look for a job instead of having one lined up and, and find another change is that in some sectors like i t, it's enough to have work experience instead of a recognized qualification. now these were forms, i've got a lot of attention, but critics would say they still full desperately shores. the german language requirement remains and major obstacle for many of the country has also failed to follow the lead of other european countries like spain and croatia which are attracting tech workers with these so called digital. no mind visas. there is also
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another less talked about aspect to this and thought is that germany is much more to, to do education system which combines hands on training with classroom work. it's no longer attracting young people on some would say that to do with the fact that these jobs, many of them, critical to the functioning of society, are simply not valued enough changing that could be critical to stabilizing the countries, neighbor markets. alright. or porky ferguson. there is a reminder of our top business story, photos and argentina. go to the polls this weekend for a presidential run on one issue looming large. the countries terrible economy has created room for a far right can. let's talk to him today. he faces argentine is economy minister sergio most that's it for me and the dw business team find out more likely to be dot com slash business for also on youtube. watched the
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the. this is the, the, the news life from time and the winds world food program. so civilians in gaza face the immediate possibility of starvation. a trick left humanitarian aid, arriving by egypt is doing little to remedy the shortages made was by power because of the lack of fuel for generations. also on the program budget time otherwise arrives in the gym. the certification presidency is visiting one of israel storage allies despite fronting israel a terrorist. the.

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