A coronavirus has so far wiped 7 trillion dollars off wild stock since their record highs mid february the outbreak began in china which still has by far the most cases chinese factories dont just churn out cheap plastic exports anymore though they supply vital components to the tech sector Automobile Industry at pharmaceutical companies and the chinese a leader is in Artificial Intelligence and robotics so the partial shutdown of the chinese economy there was introduced to stem the virus is having a knock on effect for a colonies around the world. Its unprecedented i cant recall anything like it on our planet. When the color of your seats if the coronavirus gathers b. And cripples more and more countries and in the worst case we could be facing a Global Economic situation like we had in 2008 and 9. Years into the oppose it here were very optimistic we think it will be over in one or 2 months. Before by. Management consultant fun fun is currently pursuing Crisis Management she and her team advise 60 german firms that do business in china. Theyre much in demand right now because covert 19 is causing havoc fanfan is visiting a client in a small town in northern germany the Slaughter Group based in hires them its an Automotive Parts supplier that had to halt production at its facility near beijing for 2 weeks things are just starting up again but with precautions in place now. Or are. We are back up to 50 or 70 percent capacity so far and we dont yet know when well reach 100 percent because we cant get the staff back into the factory yet. The drop in revenue and therefore the economic hit amounts to several 1000000 euros. Funk fun and her boss Michelle Bormann are looking for ways to soften the blow. If as who would try to organize help for clients as quickly as possible for example rent reductions or rebates or stretching repayment deals on bank loans. Is there again another problem is that demand within china has been collapsing and with it demand for goods from germany carmakers and parts suppliers here are suffering to. Automobile and car sales in the 1st 2 weeks of february in china were down 92 percent so you can imagine the impact on the industry its a disaster we dont yet know what the consequences will be us for example. International supply chains are collapsing or at risk you cant make a car if the gearbox isnt available. As 8 plants in europe have to offset the production hold in china. Not for much longer says the optimist fun fun. But c. E. O. Youre going slow to is not convinced. This is why its unprecedented i cant recall anything like it on our planet in my view when weve got through this and i hope we deal with this sensibly i think well have to think about what needs to change in the future. For example well there recalls to curtail International Business travel. Fun fun usually travels back and forth between germany and china spending 2 weeks at a time in each country. She has a team of 30 in china but for now she cant go and see her colleagues or her family. So she communicates with them online from her base in hamburg. Video calls are the order of the day to the companys offices in china poland bug area and spain. Me in when the right meaning he. Moves through. The corona Virus Outbreak may have started in china but its now become a global problem. If you must. Have shipped a bunch of masks to our offices in china in spain and italy masks are running short. We have to review the situation every day and be prepared to react fast and do what has to be done most. Funk funk believes the tough measures imposed by the government in china have been effective. In order you know hobart is in germany and europe this is so much freedom. People dont wear face masks. Its a different mentality in a way of life. And thats why the numbers are rising day by day. And yet in tough man in any case the virus is threatening not just the health of individuals around the world but the health of the global economy. Well some historians say globalization started in china over 2000 years ago with the old silk road chinese luxury goods started appearing on markets as far away as road it also saw merchants that migrants on the move in more recent times a rush for Raw Materials as the movement of workers is nations trying to feed their hunger for Economic Growth by sending their nationals abroad to dig up other countrys resources heres a quick look at how Labor Migration has developed for the 1970s up until today. In the 1970 s. Large multinationals sent stuff abroad. They were tasked with up training Raw Materials for production back home or conquering markets in the main it was u. S. Companies that sent their employees overseas often to europe. Starting in 1990 companies became increasingly international they moved their production lines into regions with low labor costs the Parent Company sent employees all over the world and well trained workers from emerging economies was sought in europe and the u. S. In the past decade Transnational Investments have risen. Complex production processes have emerged requiring Global Supply chains. Digitalisation has led to closer networking. Nowadays companies are competing for skilled workers from all over the world. And now the next Industrial Revolution is upon us factories run by robots machines that communicate with each other not only doing all the heavy lifting but also believing us of more mundane tasks in the workplace only thing is the accelerating automation is said to eliminate millions of jobs optimists say itll create just as many once a trade unionists a worked. She must never stop the layoffs hands off our jobs were not going to let them steal our futures colleagues. Home months it says bad guy is ready to do battle times are getting hard for germanys union tens of thousands of auto workers jobs are under threat. In 10 or 15 years the auto sector could change beyond recognition would you agree with that. 100 percent nothing is going to stay the same well have an entirely different Auto Industry just think of the digital automobile but also the entire complex of production Sustainable Production c o 2 free production theyll be so many extreme changes as much of a game changer as the switch from horses to motors and what will that mean. Vacillate between optimism worry and anger and angry because theres another wave of relocations abroad cost cutting programs and announcements about how many people will be fired and that all has nothing to do with the transition we can ensure sustainable mobility made in germany as an export champion instead they all look at how they can get it done for even less. Theres a paradigm change underway in the car industry as it stops making fossil fuel driven cars and converts to electric drive electric cars have fewer parts and more advanced technology automobiles are becoming mobile computers and robots are increasingly doing production work. Workers fear they could soon be replaced by machines because our industry is in the process of a structural transformation we cant prevented. To liz ation for the transition to a c o 2 free environmentally Friendly Technology and we dont want to be there. Just as the what are people on the production line saying. Anyone who works on developing or assembling internal combustion engines right now is obviously very worried but someone who is involved in classical production line work assembling cars says whether a car has an electric or a fuel driven motor really doesnt matter. How do you turn a Diesel Engine developer into a software developer. We need something akin to a Literacy Campaign for digitalisation and we have to know what we mean when were talking about ai you need to get a feel for it and building on that foundation you can train people inside half a year you can turn someone who understands a bit about digitalisation into a software developer. But its not hard to imagine someone whos perhaps an older worker who spent 20 or 30 years making combustion engines who suddenly confronted with having to deal with ai and having to undergo a complete rethink and start anew that would be a real problem for many people. We need a system that nurtures further training from the 1st stage to the last in a company and that people are inducted according to their affinity for further training and for those whove got the kind of fear youve just described and thats an awful lot of people we need very specialized programs for those people so change as an opportunity every technological transformation leads to something new entirely new occupations and Business Opportunities spring up but it has to be done properly. Thanks for joining us. This time the questions needed longer answers. Now to someone whos seize the opportunities of our globalized world and electrical engineer from india and go to mass this degree in the states and instead of gravitating towards Silicon Valley opted for germany it used to be almost impossible to get a job here is a migrant i can vouch for that but europes largest economy is suffering from a massive Skills Shortage and has loosened the rules. Electrical engineer ranjit brahman partly from india has chosen to work in a small town in southwestern germany. Is old and quaint and ranjit brahman partly lives here with his wife and their daughter. He works well versed elektra hornick and particularly enjoys his time in the companys testing lab he went to graduate school and worked in the United States but eventually decided to cross the atlantic i definitely thought u. S. Forces europe by i always compare challenge i already thought it was a language barrier but when i played for jobs it was it was not that hard if you have a good schools also the Work Life Balance is better in europe i thought and there are also there are so Many Companies which are flexible. On operate throughout europe like what a trike i mean even were even have an office in india. Components manufactured in asia such as these inductors are delivered here brahman part he does Quality Control and also works on improving products. His daily routine is pretty flexible. He can decide when to work in the lab the store room and the office. As long as he gets his work done and delivers test results. The reason i chose to work here is that the freedom you get to work you can choose whatever part fit to reach that goal so thats what our manager and our company and courageous and thats what i like to work with there are weekly meetings to discuss new products that electronic makes a whole range of components including transformers capacitors and. Lamps and its keen to hire top notch engineers from around the world i was going to thankful because its really hard to find really qualified people. Not in a big city here its just in the middle of nowhere here. And so i was going to think of that ranch at the point to come thought about and work with matthew. And then after auster reticent years or so impressed. By a lot of experience from that i see many fact its much more experienced than me but its also important because i dont want to die on people who left experience i really want to be a better. Half the members of bremen pollies team a little like tonic are from abroad. For him it was easy to get permission to come and work in germany he qualified for an e. U. Blue card it offers skilled workers who are University Graduates from non e. U. States the right to work and stay in the european union. And a new law in germany the skilled immigration act even extends the definition of qualified professionals to include people without a University Degree but to have acquired certain Vocational Training certificates. When you get this blue card then you dont have a distraction so you can work for 4 years and then. You get this blue card is blue card so you can basically work in any part of europe under this program about 50000 skilled workers came to germany last year. Ranjit brahman poly is considering moving to one of his companys other locations perhaps balin or bus alona and says he hopes hell be able to take his plants with him. Or many indians choose to move to the u. S. Or britain for work above all because of the english language germany is still struggling to attract highly qualified workers from abroad and as we heard in that report has now started making it even easier for nani you citizens with sort of the skills to come here but that new law was a long time in the making germany have been reluctant to cede lots of foreigners settle here but the reality is different much of the german population has foreign roots where do the many immigrants come from and how well do they fare. Migrants in germany the fact. Is gemini the most popular european destination for immigrants yes it is one in 4 german residents has what austerities here and immigrant background that means at least one parent was born a foreigner. How does germany rank internationally in terms of numbers of migrants in 2nd place behind the us traditional immigration countries like Canada Australia and switzerland all lag behind germany and most of the migrants refugees you know in 2018 most migrants in germany came from romania poland and bug area the most common motive for the move better Economic Opportunities do they all find work you know of the roughly 2300000 unemployed in germany almost half have a migrant background their Unemployment Rate is twice as high as that of nonimmigrant why is that. The most common reason lack of german Language Skills the other reason is discrimination applicants with turkish and arabic names have a worse chance of landing a job candidates with the same skills but with german names have a much higher chance according to studies on migrants welcoming germany yes and no 52 percent of germans think there are too many migrants. But 65 percent say that migration brings economic benefits. Is the term immigrant background problematic yes the definition is inconsistent in german statistics it generally includes 2nd generation immigrants in other countries such as britain and poland its usually only foreign born that is 1st generation residents who were classified as migrant. Malaysians fast growing economy is attracting increasing numbers of migrants from neighboring countries but its not always their own choice to uproot themselves and leave their homes some of been driven out of their countries like the man in our next report that puts them in a vulnerable position they come from an extremely traumatic situation only to end up in low qualified jobs living and working under appalling conditions. I was born in charge pew a fishing village in myanmar. Leveled up in the booth and over the. Own home. There were people burning down our homes we ran outside in fear when we saw a fire engine coming which we thought would put out the blaze they might they might be. On the same. From. Their mother for that but instead they sprayed petrol on the burning homes and just made the fire bigger i was forced to leave my home and myanmar without any idea of what to do or where to go. Odyssey began in 2014 along with thousands of other injure he fled the brutal military crackdown in his homeland to me in man he managed to get himself smuggled into malaysia it was a terrible journey many of his travelling companions died on the way. Gone we lost everything that our home our country our identity. And now were forced to squat on other peoples land that we dont even know. 50 years after fleeing his homeland city is still struggling to build a life in malaysia his wife and children are thick the money he earns is barely enough for the family to survive on malaysia has no. Ratified the Geneva Convention on refugees means people like him have no status no rights and no protection. Its hard because i cant work illegally so i take our jobs and just try to get by. I have a smoke but if i fall sick employers just fire me and then im out of a job again. Immigrants are treated poorly even though they make up a key part of the workforce. The capital kuala lumpur has been undergoing a building boom for years malaysias economy relies on millions of low paid workers from poorer neighboring countries some are refugees others are economic migrants who come hoping for a better life. But all too often the reality once they arrive is very different thousands of them end up living in socalled. Illegal shanty settlements that spring up next to major Building Sites here many unskilled day laborers from abroad risked their lives day in day out for a few 100. 00 a month. Entrepreneur mahaney her son understands the difficulties i myself in my room to demolish and. The student. Who should be after their best work for the companies 22015 started to develop the staff the reason why it was funny i saw him ruthlessly. Believe she was suffering the digital life when they want to buy something the problem is that many of them cant pay for things are lining up to 4000000 migrants are thought to be living illegally in malaysia without residency papers or work permits that means they cant open a bank account. The basic idea is very simple we was. To bring the offload people to online the real not to bank reo marketplace really truly. As Insurance Companies dont cause their loans bostic of companies to sell their produce in the marketplace so although the my real workers can buy you and to us but at the moment its money transfers abroad that make up his core business the app cuts out the middlemen who take a big cut for themselves nearly 100000 migrants are now using my cash on line like has done most of them come from bangladesh. Private companies are jumping into the breach where the state has failed to act for years the government has been promising to clamp down on the exploitation of migrant workers. But still nothing has been done to introduce a minimum wage ensure Safety Standards or provide information on workers rights. To refugee abu sidique has long since given up hope that things here will improve he wants to leave malaysia a soon as possible. A letter there im hoping we can research in america i hear theres good medical care there i hope they can help my family god willing. Like many here abu deeks dream would be to return to his homeland me and man but he struggles to believe that that will ever be possible. The challenges facing a globalized workforce that was our topic today are made dont forget for 7 your comments and join us again for another edition next week. I have. Your own daughter would prefer to join terrorists rather than stay with you and she thinks its cool. Maybe i just wanted to rebel because of my age and islamic was kind of trendy i guess im just not. Them things your moms down because you can how a father lost his daughter to Islamic State the magic just helpless there for little or no. Insisting minutes on t. W. Being a forced into a nameless mass. Their bodies your jewels well. The history of the slave trade is africas history. Displayed for power and profit plummeted an entire continent into chaos and violence going to this is the journey back into the history of slavery placing will truly be making progress when we all accept the history of slavery as all of our history plays our documentary series slings reroutes starts march 9th on d w i must be super tuesday. For america. Boys going to challenge donut shop the democratic hopefuls are fighting for their partys nomination and super tuesday states he gets right more than a 3rd of all delegates are up for grabs on this day the from late in the north east to california and here on the west coast weve playing here all the excellent all the results here monday the news. Is the shipman race destroying itself. We are ruining the basic elements of our system were using too much water and were to lose it water is life. Going to go among our supplies will last for ever but they wont going to when the rain stops it starts march 20th on w. The for. Planes going to. Play. Play play play. This is deja news live from berlin results from super tuesday reveal a divided Democratic Party millions cost ballots in 14 States Holding democratic president ial primaries moderate candidate joe biden puts in a strong showing across the map senator Bernie Sanders calls victories in at least 4 states also coming up a sure
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