this is business as. in berlin welcome several issues states have created a new payment channel in a bid to bypass u.s. sanctions on iran it's called instead germany france and the u.k. are behind it it's designed to allow iran access to european markets without having to rely on international banks because banks face penalties under the u.s. sanction regime the new payment system will allow iran to sell products like oil for example to european customs in sticks would then get and keep the payment for it in turn european companies can deliver food or medical supplies to iran while getting paid by instincts that would allow participants on both sides of the system to avoid running afoul of u.s. actions that only forbid monetary transactions with iran which in states circumvents still companies using in states might risk retaliation from the u.s.

well in states will be a topic at the e.u. foreign ministers meeting in the romanian capital of progress today and our europe correspondent barbara visual is there and standing by for us barbara is this really about business and trade or is in states a political instrument. it is a political message of course because we remember that the europeans were quite angry when donald trump the u.s. president sort of started blackmailing them and threatening european banks if they would get get involved in trade with iran they would be severely sanctions we also know that many banks have absolutely pulled back and we're afraid of burning their fingers and they said this can't go on we can't be just pushed around because the europeans the street countries france germany and the u.k. who have been the partners in the iran nuclear deal they still say that iran is

keeping its side of the treaty its keeping is its side of the deal there may be concerns about other problems about to human rights about the missile systems bought this deal is still alive in the eye of the europeans and so they are now trying to do something to take a stand and to circumvent u.s. sanctions and to sort of show that they can be just dealt was like that from the u.s. about where the white house presumably doesn't like this one bit do the european powers behind this expect any u.s. reactions. they do expect some reactions of form of course because all the people who are involved in this and particularly the german director and probably people at the seat in paris and maybe even the british c.e.o. off this undertaking out they are going to be issued was diplomatic passports in korea in order to make it impossible for them to sort of be stopped internationally

by some extradition demands from washington so yes they do expect something do they expect to. come from washington is that of the trade to step up the trade war nobody knows yet but they really felt that they needed to take a position on this because they feel that if they sort of concentrate on humanitarian it delivery is at the moment it is something that could not and should not be faulted by the u.s. by a basal then book arrest for us thank you. going to india now where the unemployment rate was at its highest in forty five years the national sample survey office assessment shows last year's jobless rate at six point one percent gloomy jobs data has delivered a blow to prime minister narendra modi just months before a closely contested general election opinion polls show the ruling b j p party is unlikely to keep its parliament parliamentary majority although india's fast paced

economy has been expanding at about seven percent annually on the growth means not enough new jobs are being created. japanese video game make a nintendo reported fiscal third quarter profits jumping twenty five percent boosted by the popularity of games for its switch console for example it handles october december profit total totals nine hundred and fifty six million dollars and it shows how gaming has become a multi-billion dollar business a good example for that south korea gaming industry that experienced an unprecedented rise in the last decade especially in east sports that's competitive computer gaming east asian tiger economy is a global leader feel the latest trend is mobile sports professional gaming on smartphones. when south koreans best computer players compete it's more than just a simple game legal for legends the game of choice makes a strategy and role play

a benz designed perfect for each sports on a sunday afternoon four hundred fans flock to the league of legends e sports arena in central seoul to watch rivals s.k. telecom versus time one gaming church one of my favorite team plays today plus it's my winter vacation and i really couldn't wait to get here with my friends i think i spend around one hundred dollars a month on each sport tickets and fan merchandise. twenty two year old east sun york or faker is considered the greatest player of all time experts estimate his yearly income to be three to four million dollars making him the highest paid athlete in south korea teammate kim to mean explains the effort involved oh i. usually spend around twelve hours training i started my career when i was very young and other than that it's important to have a strong mindset and willingness to succeed as an eastport player game developer

riot games plans to invest one hundred million dollars over the next decade. among the younger generation and career each sport is as popular as traditional sports such as football or baseball. even for a regular league match our stadium was filled to the very last seat the korean e-sports in the street also has its eye on the burgeoning mobile gaming market thanks to state investments and a strong passion for gaming south korea established itself as a mecca for sports with big markets emerging such as china it remains to be seen whether korea can keep its dominant position the growth of mobile gaming however office new opportunities for the industry finnish game developers critical force have created a first person shooter game designed specifically for mobile sports in two thousand and sixteen they received a four million dollar investment by a korean game creator and set up a branch office near seoul there are still like only rare occasions where example

european companies have been able to conquer asia from europe you have to be here where all the action happens fifty seven million people have done a lot of the game it attracts one million active users every day to finish developers expect the mobile market will soon dominate the industry. talk a bit more about e-sports with our resident tech geek our until tomorrow and welcome to the studio the curia is apparently now as we've just considered the home of the spoils what made it so popular well i think the thing about korea is south korea really proved to the world that e-sports a competitive computer gaming could be a real spectator sport previously was just something a couple friends did online or maybe at home and a lan party but it really showed that it was viable in a commercial sense that millions of people would come and spend millions of dollars to sit down in a stadium and watch their favorite e sports competitors duke it out i mean it kind of took the world by storm a different to korea by storm thirty years ago when war when star craft brewer first came out but it actually goes further than that i mean i've heard it compared

often to the german soccer league basically saying a month professionalization among south korean players especially the league level and at the local level is much much further developed than in other countries so it really is kind of what korea did it showed the world that it was a valid valuable and viable spectator sport and also that these people who are trained should really be considered athletes in electronic sense is that limited to korea how is that spread well it definitely spread and you have to remember the two biggest videogame markets in the world are actually the united states and china and we're seeing a lot more stiff competition coming up especially in some of these major tournaments you know that's really kind of the thing a lot of these tournaments have huge prize prizes attached and you know multimillion dollars can be won in some of these tournaments and that's really attracting a lot of people are saying ok i'll put in the twelve sixteen eighteen hour days and for the computer i'll train as hard as i need to in order to make that type of money so yeah i really do think this professionalization is spent spreading to these other communities. thank you very much for this thank you. first

a few days until the chinese year of the pig many believe it will be a good year since figs symbolize good fortune satisfaction and wealth and that pigs are specially popular that when they're served up on a plate it's roasted for example. additional stuff. here they hang ready to be roasted this restaurant in hong kong offers the only suckling pig to be roasted in underground grills the veteran chef fires up the ovens every morning the pork it's cooked at three hundred sixty degrees celsius. that was the last roasters to roast pigs and when fired under ground barbecue pits a roast pig skin comes out crispy with a deep labored the meat has a hint of smoky taste which you can't experience anywhere else. once the meat is cooked it gets cut up very carefully. when chopping roast meat

it's most important to cut it into neat and even cubes. park is very popular in china and hong kong ten to fourteen pigs are prepared here every day but now in the running to chinese new year it can be up to one hundred and they're delivered to other restaurants and private customers. but overall meat consumption is on the wane in china too fatty too heavy. more and more chinese are adopting healthier diets but the master roaster has other worries for the young people think this job is too hard also if we go out of business one day they won't be able to find a job anywhere else so young people are not willing to join us. they'll join. but for now grill chefs expect people to really dig into pork during the upcoming

year of the pig. it's yummy the skin is very crispy delicious. and twenty twenty is the year of the rat but it's unlikely that people here will go hog wild for it. yummy and that's it for me and the business as a team check out our website as well the w dot com slash business news and background stories in thirty languages and one of them chinese bengali diary in the end in the means check it out for the news that's out in the us right here after a check on global markets.

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