the fans too seemed to enjoy the friendly competition between two nations that had until recently rarely contested anything in a friendly manner. that's it you're up to date i'll have more for you at the top of the hour alpha's will be here in just a moment with your business update starting with some good news from germany have a good. leader. my first buy cycle was sewing machine. and then something as simple as. isn't. since i was in. my home and it took me miss them until. finally the game. and returned people sewing machine sewing i suppose was more appropriate than writing a. woman back home. and.

write. my name is the amount of the. unemployment in germany is on a record low but it's not just a sign of a healthy economy going full steam ahead it also highlights that germany is running out of skilled workers. the digital payments company that we placed. in the docs only last month is falling investors with stella growth figures. also on the show brags it does not only affect britons it also threatens the livelihood of many europeans elsewhere. as

well germany's unemployment rate fell below five percent in october it's lowest level of unemployment since rio de fixation in the one nine hundred ninety only two point two million people are currently without a job the figures figures continue to show a downward trend despite the headwinds in the global economy. a robust economy has helped push germany's joblessness rate down for the first time since one nine hundred ninety unemployment has fallen below five percent. the unemployment rate has fallen from five point eight percent in general to four point nine percent in october that is the lowest rate recorded since germany reunified in one nine hundred ninety s. the trade dispute between washington and brussels doesn't appear to have had an adverse effect on the german job market and neither has the us china trades but the recent turbulence in the market has strengthened the dollar over the euro that

means that german products have become cheaper abroad also record unemployment has helped boost consumer confidence and household spending in europe's biggest economy but despite that the rate of people at risk of poverty is rising in germany according to experts that figure has more than doubled since two thousand and five more germans now have fixed term contracts or work part time while there is more work job security is diminishing. the law and employment figure also has another flip side for the economy it shows that more and more vacancies remain unfilled and that's why germany needs immigration of skilled workers migrants are required to learn at least basic german only then they're allowed to take up a job with offers of their professional qualifications now germany's job agency has joined forces with a battle shift only to help qualified immigrants. well the drug

finally has a job again he came to germany from syria three and a half years ago he was granted asylum and started looking for work but it wasn't easy because he never received any formal training while in syria. but when i was in syria a friend of mine taught me all the theory he had a lot of experience in welding and i got a job in a company and i was able to put the theory i had learned into practice. and this minute i never received any formal training. courses available worry that too specialized they were too far away. but not. without formal qualifications or certificates getting a job in germany is usually very difficult something the federal employment agency is looking to change it's come up with a new detailed test over the course of four hours it tests both technical know how and practical skills. this is to mind it's very fast and very clear

and it needs job centers no longer have to rely solely on c.v. or an interview with the applicant. here you have very specific scientifically validated results tailored to a particular job yes yes that's what is involved but tests are only available for a job so far ranging from a chef to metal worker after passing the test while the broad immediately got a job with an agency that supplies workers for the world in the industry it was the test result that convinced his new employer. by access even told us that mr rigi but chief the top score and the analysis of the test result is very details so that we could see clearly that he has what it takes understands the materials he's working with the n.t. understands the theory he wheels walid rajeeb says the welding equipment and regulations are different in germany but after a few months of training he now feels comfortable in his new job. in

a few days who have his first assignment working at an outside firm the job itself doesn't worry him but the german language still poses a challenge. of our own but i was coming and i was always all no doubt be tough at the beginning but given time and contact with others it will improve it's important to learn the language to anything up to more it will become more like a second native tongue for me i have to learn the language so you can participate in life here germany is like my second home land now brought us out of the town in . germany plans to expand the range of aptitude tests to include thirty professional fields in the near future. john electronic payment company y a cob has had better than expected revenue do growth during the first nine months of the year. why can't replace germany's second

largest lender comments bank on the blue chip in the eggs darks in september revenues for the periods to september rose to over five hundred forty nine million euros that's substantially beating list expectations earnings jumped by thirty six percent to one hundred fifty most million euros also much higher than and to support it wild card is expecting business to keep expanding in the fourth quarter so why god with a big surprise this year was replacing kamau spunky in the dark so let's bring in a quote from the frankfurt stock exchange is this maybe a sign that at the time of the big old legacy companies in financial services might be coming to an end. yeah go ahead you mentioned mass fine let's do another comparison when you compare for example why are card with daughter bank why are card has an estimated company valuation of twenty billion euros daughter among the

biggest lender here in the country only seventeen billion euros and investors are very sure that this trend is going to continue in the case of why are car they are so successful because we are seeing more and more growth in the eco mors sector and the trend for a cashless payment is going to continue on with their products also smaller companies can offer their customers this services and it seems that while our car has had the right time to launch these products and even though investors like the report today the share price didn't really make the jump it still seems to be the case that heart needs to find its place here in the blue chip index stocks during the last months the share price lost here about fourteen percent but investors are sure that at the end this share price is going to develop in a very positive direction dynamic open for instance thank you. germany's flag carrier lost tons of says it will raise ticket prices in twenty nineteen following

disappointing earnings in the recent quarter profits sunk to roughly one point four billion euros between july and september eleventh percent less than the same period last year germany's largest airline has been hit hard by a combination of soaring fuel prices competition from budget airlines and compensation payments to customers due to flight cancellations. the british government says it will begin taxing large online platforms like facebook that operate in the u.k. by the year twenty twenty the most significant effort yet to reshape tax codes for the digital era the two percent tax will target online firms and in more than five hundred million pounds per year finance minister philip hammond said such companies generate substantial value in the u.k. but pay corporate taxes in low tax jurisdictions where measure is expected to raise four hundred million pounds annually the e.u. has been debating a similar house. when britain leaves the european union not only england scotland

wales northern ireland exit the block but also other sovereign british territories large abroad or gibraltar or even the smaller areas like british military bases inside us and that's posing a huge problem to all of farmers there because they rely on open borders to sell their goods. they may be small but these olives play an outsized role for andreas for to use their own oil is his life blood flow to you farms land on a british air force base and on the southern tip of cyprus the relationship between farmers and the british military has existed since cypriot independence in one nine hundred sixty but it could change dramatically in the event of a no deal breaks in. the middle of the well nobody has said anything not the cypriot government not our foreign minister or the british foreign minister about how this is going to work. all of oil imported from outside the e.u. is subject to a fifteen percent tariff at the moment for to you and other cypriot farmers on

akrotiri and another british base to kill you in the country's east pay no taxes lawyers disagree whether the two bases would be considered non e.u. lands in the event of a no deal brags that the cypriot government says the farmers trade is safeguarded a u.k. parliament terry committee has said trade protections would lapse after brags that paying tariffs would cut deeply into farmers bottom line making production impossible for many. of us and we are facing a situation that is uncertain and that's causing us problems with any. it's another seemingly small but significant consequence of the u.k.'s messy divorce from europe . china is rolling back a twenty five year old ban on the use of rhino horns and tiger bones inmates in china's cabinet said it will allow certified doctors and hospitals to use parts from animals raised in captivity excluding zoo animals illegal trade will still be

punished conservation groups however describe the move as a significant setback for efforts to protect the animals from extinction they fear the decision will leads to increased poaching of the fewer than thirty thousand rhinos and four thousand tigers still left in the wild and chinese folk medicine their parts are believed to cure a range of evidence. that's it from me on the business team here in berlin close the whole well we'll have an update for you in the next star in the meantime check out our web site as to w. dot com slash business for more stories thanks for watching.

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