tv Business - News Deutsche Welle November 18, 2023 4:15am-4:30am CET
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its way out in the 2nd round of elections with just over 50 percent of the vice international observers side of the election was largely peaceful despite some violent crashes during the 1st round that so from a business use use optics often are solved frank duncan, the we say there about never giving up every weekend on dw hello guys. this is the 77 percent of the platform offices youth issues and share ideas.
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you know, on this time i'm not afraid to pass and then to talk to young people clearly have the solution. the future of the 77 percent, every weekend on dw, the argentina goes to the polls in the middle of an economic crisis. will that push more of the electorate to a far 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 and help offset the country's shrinking workforce. the hello welcome to our show.
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obviously busy in 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 b. 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 c d s, i agree with the ideas of our freedom, our opening of the economy, leg, the market regulated economy like we've had so far, where the states regulate settling on the, you know, what do we most of our kids regularly follow the farmers hope that if the entire system is liberalized,
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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 because of 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 to the money goes where it should go awry with those who buys that out on the didn't gate. and 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 league who has said he will get rid of the central bank and the low rise the economy in many then kelly is, as the political scene is in transformation, in turmoil, and
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a much more radical right wing and i stayed an anti tax proposal has emerge with rates trend. 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 will, that's what i think them when they lose 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 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. or are you into that is suffering inflation of 142 percent this year. it's not technically a hyperlink based on that is more than 50 percent in
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a month. but in october was 8 percent only in october, september 12 percent. and a, the risk of a nice, the hyper inpatient is around the corner and the economy is decreasing around one percent because or 5 historical draughts, aggravated by them i teach a improvement. it's no 6 percent, but most of the many argentines, a work in the employment economy and 40 percent of fortune to use our poor. okay, the leading to handle that said your mazda is presiding over this economy, as 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, getting worse unit easier with a mouse, a con. we mean you sir, but he has a chance to win. the next is sunday because of one,
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racing in front of him is a delay, 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. now he's 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 could 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 the a be leaving this abs. that's a other, not a other a one's own. it changed the ones that they are tire after it. 18 years old. federal needs the own interrupted by 4 years old. they live without precedent. that mode is
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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 us. for example, if you say that you're renting a public health system, right? we don't know if it would be free or pay. alejandro robles c o and windows, as thank you very much. russia's 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 about spending in turn comes of the economic situation in russia remains complicated. not just because of western sanctions. on the one hand, the wars driving growth throughout much of the russian economy. but it's also
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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, my business, you go to the grocery store. well, before you can swing by food was a 1000 valuables 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 rising and inflation and october rose to 6.7 percent. ok, here's the many people and very little it's the official numbers for very poor people
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whose income is below the living wage fluctuate as the government tweaks the numbers, but they fluctuate between 12 and 14000000 people. russian economists even talking about 20000000 people. so it's every 7 russian living in poverty. and this seems to be true. the issue with use 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 pull study vada 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. we'll look at the law in just a moment. but 1st, here's a look at the kinds of workers it aims to attract. these 3
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indonesians from jakarta are the new apprentices that the machine manufacturer i gave them and gave up. that training begins with filing and sewing. they lived in germany just one 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, and cause 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 slits last year. he couldn't find a single german apprentice. he has high hopes for the indonesians here before i spoke because of the economic situation there, you can assume that they have motivated to all the families sent them here for
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reasons that 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 shank 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 the new needs of youth. now malaysia, they own about $300.00 or $400.00 euros a month. i think it's time off for how son molanda and they said they lived together in the 3 room apartment. they do feel homesick sometimes and talk a lot with parents, milan his mother is proud of her son believes that he has good career prospects with the german training. no, lama and tests. i don't know what will happen next. only nathan has decided to stay
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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? 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 the so called digital know mind we use of there is also another less talks about aspect to this on thought is that germany is much
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more to, to do education system which combines hands on training with classroom work. it's no longer attracting young people. and 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 of the countries. neighbor markets. all right, are 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 has created room for a far right candidate top. you have today. the faces argentina's economy minister, sergio mazda, and that's it for me. in the dw business team, find out more likely to be dot com slash business. we're also on youtube, watched the
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recycling resolution with fluorescent currently testing a completely new hosting plan for plastic waste. right now only one of your plastic waste will be restored. cool. how does this innovative process work tomorrow today on dw, we love us. we love diversity. anything unusual. no mountain is too high. the road is too long in such a faith, ordinary we all this specialist of lifestyle, 009. in 60 minutes on d. w. what secrets lie behind these discovered
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new adventures in 360 degrees and explore fascinating boats. heritage saw d. w, world heritage 360. now they are emblems of a cleaner future, but how environmentally friendly our solar panels, the wind turbine and electric cars, really? if there's one thing, the green transition will demand above all else. it's raw materials, lots of them. but extracting resources is a dirty business, which is white plans for new mines run into fierce resistance in many places. europe wants to start sourcing many key metals and minerals from scandinavia. but is my.
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