indeed business will visit a company here in berlin with the concept of work as noble as the fraud dog itself janell's going to have that story and a whole lot more in just a moment stay with us. we're not here to judge but to eliminate prejudices. we're not here to change your opinion but to open some space for different points of view we're not here to speak on behalf of anybody but to let everybody speak for themselves. not here to give the right answers but to ask the right questions. we're not here to

indoctrinate but to listen. plus ninety connect to an unbiased agenda subscribe now on you tube. around the world many countries mark labor day today a day for celebrate brits celebrating workers and their contribution to society and an opportunity for us to look out what it means to work in the us it isn't labor day but a fresh jobs report we've markets have an employment surge on the mind. i also want to show there's nine to five and then there's a. nine nine six we need

a pair of chinese tax workers seeking to shake up the country's nine to nine to sixteen working with. the new the balls around here we look out to start off in berlin where nobody is and that's how they wanted. welcome to do business i'm said album a lot and thanks for joining us now most european markets were closed wednesday for labor day but in the u.s. it's business as usual the federal reserve seems i've taken that to heart it's held on to the status quo and left the key enter it interest rate unchanged and what it calls a patient approach amid conflict thing signals in the u.s. economy the fed has been criticized by u.s. president trump who says a rate cut would be better for the economy meanwhile the u.s. private sector added two hundred seventy five thousand jobs in april more than the market expected but analysts warn the robust figure could be overstating the economy strength. he joins us now from wall street.

is the fed self described a patient approach likely to hit any snags given that the white house's push pushing for a more aggressive policy. well actually there is talk here on wall street that the next step by the federal reserve actually might be a rate cut not immune and but maybe by the end of the year and that is in general surprising because overall we got pretty solid economic news in the past couple of weeks and months so there is a certain sense that maybe all the criticism from a white house did have a certain impact even if the federal reserve says again and again that they are independent no signs of a rate increase at all sold the next step as i mentioned might be even to the downside interestingly enough wall street to trade

a bit shaky here on the first day of the month so blue chips losing a good one hundred points in value and as for the jobs report some are warning not to take that as an indicator of economic strength what's your take briefly if you can yes well it always depends how you look at it yes it's not a picture perfect specially if you look at wage grows it's not that great here in the united states but on the other side you can't ignore the trend and the trend is certainly true the upside in the private sector we got about one hundred thousand jobs more created in april than expected so we're almost talking full employment in the united states the economy grew a three point two percent in the first quarter much higher than the expected two and a half percent so overall the u.s. economy does seem to be in pretty good shape at the moment and carter there on wall

street for us thank you. oil prices have been rising this year and relief doesn't look likely the us is tough stance on iran is also doing little to help supply buyers of iranian oil who have been accepted from us sanctions through a waiver program have just lost their special status. the first of may marks the end of waivers for iran's eight biggest oil customers and this spells trouble for you ran the country's currency the rio has already lost two thirds of its value against the u.s. dollar in twenty nineteen and the i.m.f. said they khana mean it would shrink six percent this year before the latest u.s. restriction no surprise iran says it's determined to continue selling its oil. because there is nobody can push iran out of the market even the u.s. the biggest of them can do that they are nothing new to the u.s. says it is working with saudi arabia and the united arab emirates countries that

could raise production to fill the gap left by your reign and oil but traders are still worried experts say oil prices could continue rising. in china young entrepreneurs are challenging the widespread culture of excessive overtime they want an end to what people called nine hundred six working nine am to nine pm six days a week. they mention is a shanghai startup or develops internet encryption tools but recently founders who g.n. and his girlfriend cut who works as an advisor to the company have made headlines with a different issue they brought attention to china's nine nine six phenomenon nine am to nine pm six days a week the normal working schedule for tech employees and a clear violation of china's labor laws local police and local labor protection and it is taking the always to go back to a very busy ok factory we know you guys want to be

a force you want to force your employer all the work that no one thought up the tech industry before together yen and goo have written a piece of text the programmers can use in license agreements it says that any company who violates labor laws loses the right to use the software and although both of them know it would be hard to enforce this they hope to bring attention to working conditions in the chinese tech industry. in the chinese internet their initiative has sparked a heated debate one of the most prominent voices founder jake ma china's most successful internet entrepreneur says that china's economic miracle has been built on people's willingness to work hard to the young he has an advice finding work is like finding a lover he says if you are truly in love you won't feel the time passing by for startup companies are ever there are less romantic questions to consider eating is

working for a venture capital firm that invests in startups which are that it is very difficult for a startup in china to refuse working time if you spend less time with dramatically competitiveness or to be successful you need to get ahead of the others question a shitty yen and qusay they are happy about the debate they have sparked but they are however careful not to be seen as political activists the tech sector has become a showpiece industry to china's government companies enjoy creative freedoms but the red lines are clear says he was even surprised when a journalist started asking about politics the first question he asked me are you a leftist. i said i replied yes what is this. i know nothing about. the new generation of chinese programmers and tech workers are carefully figuring out how to talk about their issues without inciting the

government suspicion. now they say it's lonely at the top but one start up here in berlin that's hardly an issue it's done away with the idea of a career ladder stable scheduling or fixed pay structures and it's not just its operations that are unique it sells among other things if you can condoms. begin condoms and colorful packaging as well as temperance and sanitary napkins are among the products offered by horn on paper the founders of autumn are tyler and philip z. for are still the managing directors but none of the company's sixteen employees have to take orders from them it's even written in their contracts this is the man who will miss everything we do is basically what respectable business people used to do by doing business with a conscience it works and it's possible to be successful it's just about redistribution we're highly profitable even though we reinvest everything into

creating value despite treating everyone fairly we still post millions of euros in sales. last year sells rose to two point three million euro's even though the office is almost empty this morning nobody knows when the others are coming and nobody checks bottom outside the says when employees love their jobs they don't have to be supervised like children. i've never been so happy about a job it's really something special and we're all motivated we're happy to go to work and everybody's glad to get up in the morning that's what we have here. from the designer to the person processing online orders einhorn says satisfied employees are part of its success. but there's another reason. that that has to do with what the owners say we don't have to get seventy five to eighty percent of the pie we just want the share we deserve and share the rest with the time

a salary committee determines pay levels according to professional experience and education it also decides how much the founders earn. this decision is. it's important for the salary committee to always keep the team is not and so everyone feels they're being treated fairly. but of course it has to take each individual into account as well and since of the e.c. . that requires a lot of coordination working without a boss can be a challenge. constance feels that you can really run free and have a lot of creative ideas but you are responsible for implementing them the best way to do that is by inspiring the whole team with your enthusiasm and sometimes that's not at all easy. some employees in a special unit speak at events about the new work culture but while many companies just talk about what work will look like in the future at einhorn they are already trying it out. and before we let you go to

a story about someone who just lost his job britain's defense secretary gavin williamson has been fired over allegedly leaking information to the press about chinese tax supplier while way he said it to reveal details on a national security council discussion regarding wall ways participation in the u.k.'s five g. network but williamson denies the allegation of the minister socking comes amid a discussion of cost by new countries as to whether working with huawei put ashore in cyber security risks. and that's it for me and the business team in berlin for more business news and futures you can always visit b.w. dot com slash business thanks for watching.

propaganda on rails. russia's army is celebrating its victories in syria with an exhibition trained. on bitter pill to swallow for relatives of those who died in combat many receive little assistance and feel abandoned. recorder you're grieving families of fallen soldiers and hears their stories. in sixty minutes on

d. w. . my first bicycle was a sewing machine. where i come from women are bones by this ocean for. something as simple as learning how to write them by psychos isn't. since i was a little girl i wanted to have them by sight the law of my home and it took me mr been right there. finally they gave up and mentioned by me and i say this but returned because sewing machine sewing i suppose was more apt procreate for goes than writing advice as knowledge i want to meet those women back home who are bound by their duties and social norms and informed him about the basic rights my name is the about of the hook and they work into. the. d. to know that seventy seven percent. are younger than six o'clock. that's me and

me. and you know what it's time all voices are. going to seventy seven percent speech obama to be sure. this is where it was. the seventy seven percent this weekend on g.w. a. big hit of. this is. coming up in the next fifteen minutes it's a lovely mark ruling how the huge impacts what decades to come along to gold medalists cost us the man known as lost her fight against reducing head to still strong love to compete with women we get reactions from the mom who helped bring her success. also coming up.