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tv   Business - News  Deutsche Welle  May 27, 2020 11:15pm-11:31pm CEST

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here to newcomer christoph biotic who served in minutes earlier converted from the spot to level the school to to my. god. i should have both i said to the court before the match i should what i mean good for you i admit i did for the for the hurt him and this is the most important to know there's got to go live seek remain unbeaten since the restart and so does head to berlin behind new head coach bruno la but dia. chris is up next with a w business. i'm scared that. that's hard and in the end it's a me you're not allowed to stay here anymore we will send you back. are you familiar with this. with the smugglers with lions and. what's your story
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ready ready ready. i mean when i was a women especially in victims of violence. take part and send us your story we are trying always to understand this new culture. you are not a visitor nothing yet you want to become sitting. in for migrants your platform for reliable information. the fear of creating a lockdown generation unemployment around the world a surging because of the coronavirus and the international labor organization says young people are particularly vulnerable also the e.u. would be able to say again to economic aid package but member states disagree on key issues and. it will introduce you to the mayor of east of an east german town
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who single handedly wants to solve the digital dilemma of just. a crisp over one worker program with the coronavirus pandemic hitting economies around the world the figures of financial aid packages are skyrocketing nevertheless on employment figures are also searching and the new study from the international labor organization suggests young people are particularly effective workers between the ages of 15 to 24 are most at risk of losing their jobs we met one of those young people and back that. this is going to be rainy and spade here she is looking forward to graduating from university with a degree and then out into the real world. this is my last year at university and i was supposed to graduate and be happy to be done but 1st we had the protests and then after that came the coronavirus.
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the university of baghdad has been closed for a while classes have been impossible for months initially because of student demonstrations against the government but now the pandemic has kept doors closed even longer this has sent students back out onto the streets. and the iraqis face a threatened future even if young people had jobs before the coronavirus 4 shutdowns a study from the international labor organization shows that they were the 1st to lose their jobs the way. last year the u.s. i employ met rate was already relatively high at 13.6 percent for workers ages $15.00 to $24.00 now in may 2020 that rate has hit 20 percent. burney ins future is uncertain even if the university does open again allowing her
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to graduate there's no guarantee she will be able to find a job. earlier we spoke to the director general of the international labor organization guy ryder and he explained why job losses at a young age can be particularly difficult all the evidence shows that if a young person is out of the labor market for a significant period of time year or more than that the effects live with them throughout their working lives it's not just a temporary shock it's a permanent scarring and this will live on not just for a year or 2 it lives on for decades so my view is as we will have to deal with so many competing demands on our attention on our resources as we pull out of this pandemic situation we really have to put young people at the front of the queue for our attention and not leave them at the back and that danger does exist. the director general of the international labor organization guy ryder speaking this
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hong kong is no longer autonomous from china that was the assessment of the u.s. secretary of state mine home pay 0 in a report to u.s. congress on wednesday mr computers move is the 1st sign of jeopardy for the region's special's trade status with the united states which has been shielded from a recent trade war between the united states and china it comes after china announced moves to bypass hong kong's legislature and intervene directly in security measures which has protests in the air. your being commission president or the left on the line has unveiled a 750000000000 euro plan to help member states bounce back from the recession triggered by the coronavirus pandemic much of it will be funded by common e.u. debt a new approach proposed by germany and france. the european
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union's massive recovery funding plan is aimed at helping member states hardest hit by the pandemic it's early and spain will get the lion's share of the commission president in brussels keen to play out europe's united approach the a must be to invest together in our common good we will be bold by raising unprecedented amounts of funding at european level. we will be focused by channeling the funding to the new priorities that will shape the future. in practice it's germany and france which are driving the plan and will provide most of the money german chancellor angela merkel for the 1st time accepting joint e.u. debt as part of a mutual recovery strategy. is of course this proposal contains elements of both
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what was discussed between germany and france as well as elements of the guarantees and loans that were mentioned by 4 other countries. and now we start negotiating with $400.00 a group of northern e.u. countries known as the frugal for the netherlands led by prime minister mark ritter plus austria denmark and sweden are less keen to hand out money to their southern counterparts with no strings attached. i don't see the younger much an emergency we need an emergency recovery fund to stimulate the economy. we believe this should consist of loans without any mutualization of debts for my shop if i'm a chocolate king foam for sure. some tough talking lies ahead for the recovery plan to come into force agreement must be reached before the autumn. let's take a look now at some of the other business stories making headlines around the world
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yes at a time when company h.b.o. is launching its own streaming service following in the footsteps of disney apple and amazon h.b.o. max is betting its own productions can put pressure on the competition including game of thrones and terminal. boeing is set to cut $12000.00 jobs in the united states the majority will be through terminations and the rest through voluntary redundancy the move follows plans announced by the plane maker in april to cut 10 percent of its workforce. run only sun and mitsubishi have unveiled a new cost cutting strategy is designed to salvage their 21 year old alliance the 3 car makers ruled out any merger but will share their production more systematically this which could cut development costs for new models by 40 percent. germany is recognized for many things around the world beer cars meat dishes well
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germany is infant knisley known for is the lack of solid mobile web coverage the government has been saying they're working on it but keeps having a hard time with telecoms companies which say in some spares the populated regions it's just not worth it a mayor in a small town in saxony now has taken it upon himself to get his city online. to spoil castle is located high above the city of the same name in southeast germany 4 and a half 1000 people live there surrounded by meadows and forests. is the mayor. whenever he walks through the city people always bring up the same problem. and that's when you know it's been a mobile phone network disconnect when you move around the connection breaks down regularly even sitting in your apartment and we're not going to be connected to the fiber optic network anytime soon and to help. the mayor has been fighting for high
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speed internet for years even loading the city's home page takes forever neither mobile nor cable providers want to supply a just book the distance between districts is simply too far and there are too few customers to get tied up by as some people have a 30 megabit connection but there are districts that have almost nothing where they're still in the kilobit range but it's different everywhere and we want to build a glass fiber network which we're now starting to do installing fiber optic connections in every home and apartment a gigabit network. with high speed internet the city can hardly wait and another one of the biggest employers are now closed to spork builds futuristic furniture kitchens and bathrooms they use a material that feels and looks like stone but it's as easy to build with as wood orders come in from around the world but the company's internet connection is too slow for day to day business. does it i have to bundle several telephone lines to
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get an acceptable situation that makes work possible our clients are located in london in dubai and scattered around the world so we have to transfer large volumes of data with. struggling to get access to high speed internet in the 21st century would be unthinkable in asia and even other european countries. and stations only now see it as a disadvantage of our location our customers usually have a great internet connection which often leads to the expectation that we can keep up the pace during video conferences. it's unlike any other project seen in germany a mayor taking on the task of supplying an entire city with high speed internet. mayor noid power is pleased that the ongoing pandemic has paved the way for the european union support package worth billions. as financial aid programs are vital
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we have to invest a sum of $6000000.00 euros our regular municipal budget is 6.5000090 percent of which is already planned in if we do the math it clearly wouldn't be possible. in 2 years at the latest the mayor wants to have high speed internet across the city just the promise of a faster connection is already attracting companies and creatives alike. and that wraps up our show as usual you can find more business stories on our side that's d.w. dot com we're also on facebook and twitter i'm chris colfer and bill in for me and the entire team thanks for watching.
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for an adult to find decent accommodation. number of applicants from often enough. the ramp up to $100.00 euros per square meter. last minute may sometimes more than a 100 years ago. secure and affordable housing is becoming
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a scarce commodity. made. w. . you can enter the european union movie that's what the turkish government told the refugees before the coronavirus come to. the us in a family from afghanistan many others took it to its was. the start of a painful journey that is still known to. the world. in 60 minutes on d w. the global corona crisis you can find more information online at e.w. dot com and on t.w. social media channels.
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i'm not laughing at the shit i just sometimes am but i stand up and whip it up and take sneak into the german culture of looking at stereotypes aquatics anything to see for the country that i not. even seen the picture this drama day on t.v. it's all that ok. i might show join me to meet the gentleman from d.w. . post. in the thing that it's obvious that the private housing market isn't helping berlin that's why we see expropriation is the solution. that socialist housing policy in has nothing to do with market forces such openness to talk but they don't have
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a right to an unlimited return at the expense of the city social fabric.


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