of the it's time for the mobile revolution. on the have you already made plans for retirement? maybe it's finally time you took up skydiving. did a round of boxing walk through a tight rope for enjoyed some partying. you'll have enough time to keep yourself fit, vacation year round, or just cruise around in your car. but wait, these things can cost a lot of money. will your pension be enough? let me take a look. and also on today's show democracy kind of government use subsidies to launch baby boom inheritance. who inherits one in which country tourism?

what makes destinations attractive to the l g. b t coupon community and marketing specialty foods for india. next best in germany. it's the 1st race for retired people of its kind having fun and staying fit and old age is important. but what about your standard of living as a retiree? let's compare the pension systems in 3 countries which go from bad to average, to surprisingly good. in a recent study, india was ranked only 40 seconds out of $44.00, but the retirement age is being increased to $63.00 for men and $58.00 for women

toddy to noon of isaac gods. you must be like historic lee. china has struggled to collect contributions from companies cuz it's hard to be because of the legacy of the former state own enterprises. these companies carry heavy financial burdens, and that's part of the problem. another issue was with individual pension accounts as well. these accounts were set up to be partially funded, isaac, the money has also been used within the broader pension system, instead of being directly allocated to individuals. and since the average pension is only around 340 years, that's not enough to live on. even in rural areas, in addition, migrant workers and farmers are barely covered by the pension system. 6 so only around half of working age people actually pay into the funds the system is financed on a pay as you go basis. meaning 3 employees pay the benefits for each retirees. when they retire later, the younger ones pay for them. it's going to need only works to

a limited extent on the contribution and benefits side by side. more and more young people are setting additional funds aside with company pensions. but right now it's still just diffraction. this is in contrast to the u. k. were most retirees have done well financially for a long time, thanks to their company pensions. it's a scheme where employees and employers contribute. the money is invested in funds and later paid out as a monthly pension. the inside, the dispute has a long tradition, which is why it's become so widespread before not anyone who earns more than 10000 pounds a year is entitled to a pension through their employer. together with the state pension, the average british retiree receives almost 2000 euros a month, a high figure, you can retire until you're $66.00. however, all 3 countries have a problem. the pensions system is in danger of collapsing,

as there are more and more retirees and expenditures keep rising. young indians and chinese are increasingly taking out life insurance policies if they can stay. private and company pensions are designed to offer a solution to prevent a collapse in 5 digit ones. if she's the safety net, it has 3 layers that distribute the risk. or you could say there were 3 legs to stand on the door that there's not really shown of the life that sustainable financing over the long term. the all seasons in finding that 5 digit security and freedom from financial worries is something politics can achieve. david wants to but how can you be sure that you'll even get a pension later? how does the system work? and what country 1st introduced is why our pension systems now on the verge of

collapse in many countries. and what's the best way to organize the pension system? we explain all of that in detail. is your pension still safe? in 1889 chancellor of the german empire auto fund bismark introduce the world's 1st state pension scheme. workers and employers contributed equally and retire. res received the monthly pension from the fund in many countries, few are young people are financing more and more. we try, reeves, as a growth rates are falling and people are living longer. this is a global issue affecting germany. averly, french, the us, japan and china, among others. as a result, pensions are shrinking well. contributions and retirement ages are finding the generational contracts that existed as faltering and pension systems are on the

brink of collapse. one solution, some countries are investing part of their pension funds in stops increasing the base pension for returns sweeten, does this to achieve an annual return of 9 percent? the 2nd approach is employer based pensions, where companies set aside a portion of employees gross wages, adding a tax beneficial contribution. these supplements, future pensions. another key factor is private retirement planning, through property or stock investments, which individuals manage themselves. but if a country fully switches to private pensions, it can lead to problems as into the learners may not be able to contribute much leading to old age poverty and pensions. below the minimum wage, the best solution may be the netherlands, 3 color system, known as the cap of chino model. the base pension is the coffee employer,

pensions are the frothy milk and private savings of the chocolate sprinkles the to make pensions secure for older people. one thing is critically important children to pay into the retirement system once they start working. but 1st, rates are falling and many industrialized countries can generous subsidies for families help launch a baby boom. it's not quite that simple as you'll see in the following examples. with your 1st child, the government provides an interest free loan of 25000 bureaus with your 2nd child . 30 percent of that loan is forgiven. great for buying a car. for example, for a 3rd child, the state gives 25000 euro. if the family wants to build a home and for a 4th child, the mother is fully exempt from income tax. this is only available in

hungary, a small european country with about 10000000 people. it's part of the government's plan to raise the birth rate. but what's been the outcome after introducing these genuine subsidies, the birth rate initially went up, but recently it's been declining again around the thing which is by category is a good example of how financial incentives named boosting birth rates often don't achieve the desired results. farm. the things of time it's is um, this is because they're too narrowly focused on finances of defense and on the right. so that's why it's important to improve the overall conditions for raising children and pets on him can to become a can of course of same price on the other hand has shown how to do this better. it's birth rate is much higher. parents can send their children to daycare starting in the 1st year,

allowing mothers to quickly return to full time work without worrying about career breaks the how, how high we need plenty of child care options, but they also have to be high quality. right? yeah, the most parents don't just want to drop their kids off anywhere. you can actually even blend. however, france has an exception among industrialized nations. the birth rate in developed countries has been low for some time. and according to u. n. forecast it will likely stay that way. the french model isn't easy to replicate elsewhere. it doesn't touch a. these are deep rooted cultural and welfare systems that have evolved over many decades and even centuries, less money impact in non con either doesn't i'm. they can just be changed overnight, but peanut yet seem to mind when you're on that i was could be the time shrinking populations in industrialized countries have serious consequences. fewer people

means less economic output and less prosperity can immigration from developing countries filled the gap like it did in the past. we did, i came to behind on we expect the current level trends to continue with significant migration from the global sales to the global north global shimmy. got some pacin roads and farmers offers individuals better opportunities for income and career advancement, aconia and also. and so for best on bug with growing concerns about illegal immigration, many industrialized countries are now looking to tighten their borders, risk developing events, and then then what options when thinking about demographic change angle, it's important to distinguish between regular immigration and humanitarian refugee movements. and the image by the end item for these 2 issues shouldn't be lumped together when discussing how to offset demographic shifts. feet on germany

with this 84000000 people has long relied on immigration to compensate for its low birth rate. however, legal immigration may decline in the long run that's because birth rates are dropping significantly around the world, which means fewer potential migrants getting a lot of things and in general, it makes more sense to 1st focus on improving the domestic workforce is participation in the labor market 2nd. all right, smart for china instead of relying heavily on migration though, we should look 2 groups like unemployed women ending 4 people with immigrant backgrounds and ms and one who tend to have higher unemployment rates in germany than the native population from and on. and dodge loans, despite some mixed results. hungry is sticking with its generous funding policies. these programs mostly benefit and middle class families. so it was who can afford to prepay the loans. but one thing, they definitely bring votes. the

something else can help you maintain your wells and retirement and inheritance. some countries levee an inheritance while others don't close. family members often inherit the largest share. and there are major differences in inheritance law depending on which country you live in. and whether you're a man or woman, how does in or intense work in different parts of the world. in many european countries, spouse has generally inherited 50 percent, but forced air ship rules often prioritize children. children usually inherit a large portion, often equally divided and forced air ship protects their share. while you can create a will forced air ship and countries like germany, france, and spain, and shores, the children and spouse receive a portion of the state. in many cases,

the spouse may receive at least a quarter, while another part is reserved for the children. inheritance is regulated differently under is lumnick law and can vary greatly. if a deceased husband has children, his widow generally received one a while the rest is divided among the children, the sun receives twice as much as a daughter. the situation is different. if the wife dies, if she leaves behind children, the widow or gets a quarter of the estate, in other words, twice as much as a widow, the rest goes to the children with sons privileged over daughters. there are a few societies where women are favored when it comes to inheritance. in some tribal societies in indonesia, for example, daughters have an advantage when it comes to inheritance. in natural lineal

society's daughter's in house, most of the land at assets. the inheritance remains in the maternal line and is passed on from mother to daughter. the same goes for the family and clan name. the sons receive little in the way of personal property, the same sex thousands may also inherit from their partners, but not everywhere. about a 3rd of all countries still do not recognize gay or lesbian partnerships errors are taxed as non family members. this is one example of discrimination against homosexuals that says, more and more industries are discovering b l, g b t q plus community. that's a great market and are actively courting them this new customers.

they're arriving in droves on because the crowds could get even larger as the greek island makes a play for a queer tourist. at least it's been very, very, very, very well. the counsellors the burial can be your sales, being gay's a crime. so here everyone's friendly and with seals states all the time. the island is always been popular in the l. g. b t q plus community known to be open minded and not judge mental, but towards tear better bring some cash to spend in some of the luxury brand stores here. oh, it's super, super expensive. the prices are you saying people have a lot of money the queer community contributes about 177000000000 euros to global tourism,

according to specialized a legion queer destinations. the greek government would like to grow its market share in this segment. they've just signed a contract with the provider. domenico screw costs is renting out sweets. almost half of his customers are queer. he'd be happy to welcome even more guests, but he also fears the downside of over tourism. victories is very dedicated. doesn't to me that to have a super super tories, because the story is everything. the stories that made sort of the stories that was fair and the gay community is very sensitive on the changes. could you realize how is changing and why? gabriella fi t is a wedding planner on the island of less, most popular with lesbian couples. she currently sees a lot of demand since greece has officially started to recognize gay marriage. i

have had the request from turkey and from america, from the us. and i'm, i am now in the process of telling them what papers they need this a. and then, of course, we will go into the details, which is the, the most the fun things to do, where they're getting married the, the, what the photographer they will choose which the day was music. gabriella fontes found a lucrative in each market. conservative greeks and the church might still have reservations, but she's optimistic that even more queer tourists will make their way degrees and not just to less of us. and because the specialty foods from around the world out of the business, not only have asian markets become widespread in germany with specialty shops, focused on french or italian products to one area that remains under represent.

this is india, india, and community. and berlin is growing rapidly that gave one entrepreneur of the ideas to go after this marketing issue. we took a look at watching, accomplished. hi, i'm cheryl. i'm currently a product manager and i founded spice, and the international grocery store delivering in demand, asian grocery throughout germany, the vehicle. i agree with drinking shy, so this is what we use for dry our with eating these indian cookies every one of them know, is this brand inside out? it's as far as the 1st penguin we came years, we realize that these teams and the snacks, you know, something that'd be brought up with. our parents are growing up by par generations, were not available. there was

a big influx of highly skilled workers from india. we're actually missing this indian food, one of our favorites, and this is, you know, the cookies that i was talking about earlier, which definitely reminds everyone of whole file a, g. i a file easy with my morning p. if i'm bring your kids eat something, your dogs eat, it's something everyone has grown up either. so what i noticed was a lot of the shop owners, they've been here for teddy. lucky as you know. uh, they still don't have that same emotional connect as we would as new expects when you did not have that send to matter that you really do not understand what the brands are, what this, you know, sentimental value. these brands have, you know, we've grown up with these brands. one of our main business drivers is definitely our online shop. wherever we have a mobile experience, as well as a nice website. and that has definitely been instrumental to our growth because like i said, indian cooking is volume this and you need a lot of ingredients every day. it has been an unforgiving experience with

a lot of mistakes. where do you know, sending selecting the wrong delivery partners to not back into the orders and the right way to not delivering on time a lot of times you know, when they're newly moved experts they see they see as moving around they asked the this, the speaking in english speaking and then the speaking in our major languages. and that's when it brings them a little bit of home feeling. and we hope that people who feel comfortable to comfortable as an oscar as whatever they like to know. when we is regarding housing regarding these are abiding, you know groceries regarding jobs, providing i t, whatever the reason was not again, just to drive business or just to get customers here. but also just to have an emotional connect with the customer just so that they able to come here, have a small smack. have some mythology, i have some anger lassie by some groceries that they've been creating for days or maybe weeks, these biscuits. it's almost like an engine emotion. setting up a business anywhere in the wireless bask in germany, it is definitely

a little bit more of a difficult task. not just, you know, the language is i would say once again, a small issue of the knowledge. a lot of issues that people face you know, things are quite slow and and there are certain who is which, which are hard to understand for an expert. and i'm just navigating those red tapes and bureaucracies is an extremely daunting a terrifying job. i do believe that there still a lot of scope for support and the support from the government and institutions i understand can be quite limited. the and, you know, your partners are in bought and i, you know, as i say, if you wanna walk, if you wanna walk fast, you walk alone. but if you wanna walk further, you walk with someone is a stressful thing to run a business and, and there's no working hours. i think you have to be obsessed if you want to be

a freelance. so if you want to be an entrepreneur, you have to be upset. that's the only way i can put it. first thing that comes to your mind is your sacrifice a lot of their mental health. because the stress and pressure you put yourself under for a 1st time found or that can be, you know, of quite a difficult journey. and that's again, coming back to me, you need someone to do this, you know, walk this thoughts with. but for me that has been the biggest sacrifice, you know, i'm not taking a break trying to. busy ways get up when you find a place that we've come to quite often whenever we want to and why you want to relax. we want to want the dog stay with the dog. this is this to be, find this to be quite a relaxing place to us. to read a book and just online from, you know, the computer and from work and so on. a review run this the hard way that, you know, we need to make sure that we take time out. even if you have a busy day. even if you feel we need to keep the momentum going,

i'd walk i do for me is a great, is a great way to, you know, not just, i'll just get some exercise, but also, you know, i've, i've had my mind from, from a lot of the other stressful tasks that come i had a 5 every day, it really helps me on line. it has to get some extra size. i've also met some really, really nice people who i think i do, the more competitive it gets, the more fun it gets, the we are at the community. god is just on the outskirts of berlin. there's a lot of small pieces of land there that are, that are being rented out to people like guys, you know, people like i city dwellers who want to, you know, engross implants, 12 rows of investors. so living in the city center with the hospital bustle of balloon and the kind of walk lice that'd be, have a desk job. you know,

in front of our screens, we want to give us as a big go away from the image to life and do something hands on and in a green space. yeah, i mean, one of the main reasons i left entrepreneurship and move to a full time job was, i believe that a via t of what he wanted to achieve advice and that's on a bus i level. we were able to create a community, we were able to create a social impact. we were able to to, you know, also create a sustainable business. and that's where, you know, my wife and i decided to draw the line back. you know, we are happy with this road. we're happy with what we've achieved. of course, you know, you can achieve a lot more. but now maybe it's time for a new challenge. my advice or young entrepreneurs is to get off. i'm not going. there's only so much training you can do you as far as you would trip out, but that's the best way to learn. that's it

for another edition of me where we looked at pensions. how to spark a baby boom to fund them. inheritance rules l g b, t, t plus tourism and india. and to see you next time the

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israel continues massive astride somebody moved from the other part of the country . it doesn't look like a for me, that's a piece, but my guess today doesn't give up easily on that prospect. sees your former justice minister and peace negotiate it is right. conflict in 19 minutes on d w, the blue shield kind of a baby elephant disintegration which is taking common rub up against you in touch. that's how they bought it and you know the new quote you can do. that's why i love this job training because i've gotten used to living with living and dividing together. keith is as easy as in century have been rescuing little during

stacy. yes. the innocent ninety's given most of can start september 25th on the dw. earlier in the day is between geneva and olivia typically is to have a whole list stick approach tools, migration policies to just in that respect for human rights. our investigative research shows the realities behind the use refugee the desert guns would not take place without funding from the u. it's determined by this was, is happening to migrate on the african continent. those people in the, there's a lot of you might say yes. so they implement the semester

race and policy starts november 9th on d w. this is dw, know who's coming to live from berlin? turkey strikes kurdish militant target to interact in syria after a deadly attack on a defense company in bankrupt. so far, no one has claimed responsibility for the explosion of the state aerospace company, the killed 5 people and injured more than 20 others. turkish officials are blaming the outboard kurdish militant group, p k. k. also coming up israel steps of air strikes on 11 on destroying a residential complex in the capital bay. re francis due to convene and international conference in the coming hours to.