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tv   Business  Deutsche Welle  January 3, 2020 7:30am-7:46am CET

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oh common ground is empowering women giving them rule making them agents of change you can see where. the female peacemakers restored security where we fish to make. it better but. we're building a bridge with which energy will be brought to europe as an exuberant agreed prime minister as he and his cypriot and israeli counterparts sign a deal paving the way for a new ulti its controversial gas pipeline through the mediterranean also coming up the games afoot interpol has issued a red notice for the arrest of colors go on 11 and take action against the 4 months on c.e.o. . to germany is about to introduce a new immigrations rules to attract skilled workers we talked to an expert from the german job agency to learn more about the requirement. i'm going to johnson the
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state of the business good to have you with us and we start with a look at the markets asian shares are down today and all prizes have spiked after u.s. airstrikes in iraq killed a top iranian commander heightening geopolitical tensions markets were quick to react after news broke that the head of the elite acquits force and a top iraqi militia commander were killed early on friday the broad to m s c i asia pacific index fell from an 18 months high why individual markets in shanghai hong kong and tokyo were down up to one percent crudest up almost 3 percent. or more let's bring in our financial market correspondent only bods who is standing by for us and frankly it only obviously markets show very dramatic reactions their stock markets europe's odd open yet but what traders worried about. i think they're worried about this conflict flaring up further escalating the spike in the oil
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prices shows this the worry isn't such an extent though the people see this as a necessary consequence that escalus relations stages continue one step after than after the next and a severe military conflict evolves from this i think one can kind of read this interpretation of the market from the kind of reactions we're seeing in the stock markets and in the oil price the gold prices already since the 1st news came come back a bit from that 1st surge it's still higher but what the markets fear most of all is of course that in case this conflict in georgia the oil price rises and stays at higher levels consistently that's hurting growth hurting corporate profits hurting consumers ability to buy products at the moment to a price is around $63.00 and economists we've talked to say after $80.00
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stepping up to $100.00 and it becomes a real problem when it's not at that level yet all right only don't go anywhere off another topic for you because we stay in the region and look at a new undersea gas pipeline in the east and it pipeline will carry gas from offshore israel to continental europe by leaps and cypress with $6000000000.00 the pipeline is planned to be 2000 kilometers long and could begin operations starting in 2025 it would be an alternative to russian gas but it is currently fraught with political and logistical challenges including attempts to keep to block it so turkey clearly isn't very happy about this only in about it but it's in from the u.s. however supports it because obviously it competes with russian gas how do markets feel about this somewhat complex a geopolitical situation. another geo political situation of valving
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there when there are already so many in the world we also look to china the hong kong situation and there further issues abroad i think the main issue for markets at the moment is what's going to happen in the u.s. china trade deal and there things look very much on track for a signing of a phase one deal and january 15th if that happens and if there's assurance basically that that is not in danger then that people can look away from from geopolitical tensions shot such as the one over the israeli gaza pipeline between turkey and greece and israel for example and what he with often manage to go is east to meds serious competition to north stream to. no i don't think so there's this guy isn't going to germany north stream 2 is going to germany that is something that the u.s. is not in agreement with and that many european partners of germany are not in agreement with that's
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a conflict that i think is more serious politically and economically but so far germany's chancellor merkel is holding of course on that one all right but about in front thank you so much. interpol issue it's a red notice for men the san remo executive colleagues go and stay in a spectacular scapegoat jumped bail in japan earlier this week and flights to lebanon to avoid a trial where they are on charges of financial misconduct and the question is whether go on will face any sort of legal proceedings in lebanon and whether that would satisfy japan. outside goans home in beirut the wait for answers continues for their part lebanese officials say they will respond to an interpol notice even if they aren't obliged to reskill on. i suppose the general prosecution will fully implement the notice and that includes summoning him in and listening to his testimony that and then if there are measures to be taken they will be taken.
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is a feat that. the former and the son of a no chairman could do a lot worse than a lebanese trial japan for example convicts 99 percent of defendants go on has described japan's justice system as unjust that japanese prosecutors would support a lebanese trial remains an extraordinary proposition however lebanon after all is friendly territory for grown seen as a son who made good and many do cry his treatment in japan. did help nissan and renault to achieve the stature yes as a businessman he did well indeed as a lebanese man we're proud of him. going stands accused of underreporting his nissan salary to the tune of $85000000.00 prosecutors also allege he skimmed millions 1st personal use go in has repeatedly denied all accusations questions remain on how he escaped japan japanese
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authorities searched his tokyo residence on thursday and turkey detained 7 individuals believed to be involved in brief layover in its. the theories are flying was he smuggled from his tokyo home in a musical instrument case did he meet with the lebanese president was his wife involved to the latter going gave a definitive no on wednesday saying he did it alone other than that he's made very few public statements at this point. to germany now the country is hoping for a wave of applicants for hot to fill in jobs this year new immigration rules for skilled workers come into force in less than 2 months the reform allows workers from outside of the european union to come to germany for jobs now the new regulations give applicants 6 months to find a job hiya applicants do not receive any social security benefits from the german state for this period though and
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a permanent visa is possible once the applicant has a recognised job qualification and can demonstrate sufficient proficiency in germany and ed shows proof of a full time job it's about people like kerry mon touchy old he came from turkey and found his dream job as an aircraft technician at frankfurt airport he works in the field and with german employers have trouble finding work. followed that procedure 5 or 6 times and. 6 or so i want to sign a contract i got it but during this period rail is hard for for a north because we are not european steers and german still isn't germany wants to attract more skilled workers by cutting the red tape and new skilled worker immigration law will take effect in march. time is running out millions of baby boomers will be retiring and they are leaving huge gaps in the labor market.
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event. at the beginning of the next decade germany will have $6000000.00 fewer workers we need to fill those gaps if we want to maintain our economic strength of itself. of disposable ingalls is a ready a lack of young workers in many fields but a lot depends on whether people from other countries want to make germany their home to roll tomorrow's economic prosperity lies in the hands of the youth. of a more i'm joined by misha found a common who is responsible for the migration and refugees aereo with the german employment agency good to have you with us on our program 1st of all what's the new law mean for employment agencies what exactly are you preparing for come march. momentarily we are preparing for the change of the order of the implementing of the acts starting on the 1st of march for all the people out there interested in coming
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to germany to work and live here it's easiest for them to have a look at their website make it in germany they can cold they can send an e-mail they can chat with the people there and they would be there with my colleagues we guide them through the migration act we helped them to set up that life here in germany that's one of the things a 2nd thing is that my colleagues are preparing also for memoranda of understanding with other countries worldwide to to to get skilled labor to germany and and last of all the local labor agencies here. in germany they are. supporting german employee is in focusing on the law as well to see. what the possibilities are in this in these acts. provide
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a lot of assistance that but as we've heard the immigration activist specialists focuses on attracting highly skilled workers and that means applicants have to fulfil a lot of requirements including speaking german is that realistic. well it's called the axle for. getting skilled labor to germany the emphasis is on skilled labor or physically people need to get there they had to grease. a check to paul people need to be to learn german as well learning a german language is not that difficult and for most jobs i would say that a 2 according to the. to the framework of learning a language in europe takes about 6 months that starts quite ok for learning that so there are some hurdles but i think that is that is doable all right and we have a minute to go do you think that this law will actually attract enough skilled
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workers in order to fill the vacancies we have i think this this act has to potential to attract a little for people to willing to work here in germany. if i see what other countries are doing as well we only focus on the people that are skilled as such and that that is basically the only the only hurdle that we have a forceful way for getting these people to germany right michael from their comment from the german employment agency thank you so much for your time you're most welcome. and that's your business update thanks for watching.
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a. taste of innovation brilliance charming. and filesystem both. on t w. very warm welcome dr brand new year of news from the world of arts and culture we'll be looking at some of the cultural highlights coming up in 2020 and also. beethoven only wrote one profit dado and i'm sure he never imagined it being staged with profits. scott fitzgerald's novel the great gatsby being performed as the mercy of. the. next edition and from showing
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the huge influence of the work charlie chan has had. first of all though let's have a look into our cultural crystal ball and see some of the highlights coming up this year there's lots of out of us trees and we'll be covering them with a big emphasis on the 250th anniversary of beethoven's birth in his song here in berlin there's a new director of the berlin our film festival again a lots of coverage here on d.w. but there's all sorts of other things like this. was going. to question is justified after all it's been 5 years since double a 7 month graced our screens so what's taking so long we all have. well after all he is a secret agent one thing's for certain the 25th james bond film titled no.

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