tv Business - News Deutsche Welle November 17, 2023 10:15pm-10:31pm CET
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who are behind close tools because they're reporting, they're from berlin, watching dw news, dw, business news as of next, have a good weekend of the interest, the global economy, our portfolio, g w, business be here's a closer look out the project. to analyze the flight for market dominance with w business beyond fast fashion as an environmental 9
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a clothing graveyard image of land desert. this is where things well the industrial nations no longer need and flight us textile ways get stranded fashion. watch now, on youtube, the argentina goes to the poles in the middle of an economic crisis. will that push more of the electorate suite bar, right candidates? or can the countries, the economy administer the man presiding over the current situation? convince voters that he can make things better. also on our show and expensive war is driving the russian economy, but also driving off costs. we looked at the country's new budget and the reality for normal household and can new reforms in germany attract workers from abroad.
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and have hope all set the country's shrinking workforce. hello and welcome to our show. obviously, compared to the end berlin 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 baterri and outside of human life in the presidents who likes to see the i agree with the ideas of our freedom, our opening of the economy, leg, the market regulated economy. i know, like we've had so far where the state regulated sit on the you know, what do we most of our kids are regularly follow. the farmers hope that if the
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entire system is liberalized, 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. and this is ethan was it goes up. 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 the, the money goes where it should go awry with those who buys that out of the didn't gate is after the countries where it's dropped in a century, closed with cultural exports to plummet and trigger a shortfall of $20000000000.00 in revenue. the industries expecting an excellent harvest in 2020 for some future, 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 loan, right, the economy in many, then kelly is the,
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as the political scene isn't transformation in turmoil and a much more radical right wing untie state an anti tax proposal has emerged with great strand. well, i don't know if everyone but many produces feet as a kind of liked at the end of the tunnel. no, says he thought of it and we'll jump it over the door is when i, when i sort of think of more the loose that if you now let's do an example. agriculture 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 minister said joe, myself is leading in the latest national post. 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 and inflation of a 142 percent this year. it's not technically hyper information that is more than
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50 percent in a month. but in october it was 8 percent only in october 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 or for historical draughts, 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 many come to me on 40 percent of fortune to use our poor. okay, the leading candidates said you mazda is presiding over this economy as the economy minister can he convinced 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 good in wars unit easier with him as a con. we mean 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 candidate that provokes a fear to some part of the population. because of he's a far right ideas. he's economic and political proposals and a mess up. always trying to say that he will form a unit and that's how 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 physical 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 be a be leaving this abs. that's a other, not a other, a ones only it change the ones that they are tire after it 18 years or better on these. the only interrupted by 4 years old. they live without precedent,
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that body. so i'm not getting a new all i will be late. and because of these new alliance now in the days trying to change who's propose as for example, he said that you're on team a public health system, right? we don't know if it would be free or pay. alejandro robles you on 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 was a 1000 variables 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 russians 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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. ok, 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 they buy pulls that live out of that despite rising poverty over to germany. now where the 1st phase of the country's 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, but making it easier to attract workers from abroad. we look at the law in just
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a moment. but 1st, here's a look at the kinds 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 to direct most germans directly to that money. they say exactly what's on the mind and costs a new nissan. 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.
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so 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 mulanda 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 longer and test time. 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? 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 then finds another change is that in some sectors like i t, it's enough to have work experience instead of a recognized qualification. now these reforms have 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 the so called digital know mind visas. there is also
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another less talks about aspect to this on thought is that germany is much lauded to 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 labor markets. alright or poor k 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 that's created room for a far right can. let's talk to him today. he faces argentina's, 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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business, the view will tell you how happy the boxing was . the story we have is getting a visa is more difficult than finding gold hosted to you and for the present in the stories and issues that are being discussed across the country. are you news african next on d w? no, there's too much. an entrepreneur in tamil nadu shows how we're cycling and can well in his lungs and come the tools electronical devices all dismantled and absolutely everything that is still usable is reuse. the rest is disposed of pro eco india in 16 minutes on
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d w. these places in europe, us flashing, stepped into a bold adventure the treasure map for martin club to discover some of us regular bragging sites on youtube. and also input the, the this, the state of the news that protects coming up on the show justice for guinea is 2009 best because victims 156 people died when security forces stormed this protest in the corner. agree stadium. a trial over the events reviewed this week, the form of dictates the most that that is camara is among the accused. we will tell you what the quotes heard so far. and on the occasion of well toilet day, we have a report from guidance with a community initiative is helping household build latrines using
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