also in the show, germany looks to liberalize its immigration laws as it tries to patch the gaps left by an aging workforce. welcome to the show. the european union has long relied on c deliveries received the bulk of its russian oil imports. beginning monday, though, shipments fall under embargo though, stop altogether by early january following a grace period. many russian oil tankers as result are now heading toward asia. but can asia really make the difference? well, in october, russia export it almost $8000000.00 barrels of crude oil and oil products such as diesel per day. now, roughly 2 and a half 1000000 barrels of that went to the european union, the bulk of it transported by c. and that's down from before the war. and crude exports have recently surged to other countries, especially india and china. in october alone, russia transporting the equivalent of 1100000 barrels of crude oil to india every day. and january by comparison, it was just a mere 100000 barrels. a crude exports

a china have also increased. many experts believed that as the embargo approaches, russia is gearing up to ship more and more crude. directly to asia. oil tankers in europe's biggest bar it, they have lately become a sought after commodity, the hunters on to buy up the rest buckets of the high seas. for transporting rushes oil we're seeing a lot of vintage tankers, which otherwise would probably have been demolished. haven't you leased that life? they're hiring him from these companies in the middle east, turkey year and southeast asia that have been attracted by the vast profits which were available to transport russian oil. second hand tankers, adult like 2nd hand cars to come in are sizes, ages and price ranges. russia has been building up a shadow fleet of these ahead of the u. embargo. the economists at brussels, thinktank blogger,

are monitoring the development of fresh and oil exports. as of early next year, europe will mostly get rid of it's imports of rationale, which will make a lot of russian all available to the global market. this is increasingly exported to asia bodily by using the shadow fleet. in any case, moscow wants to circumvent the oil price gap for non e u countries. a measure it's rejecting. they will not be able to re direct all the flows from europe to asia because there are a number of infrastructure bottlenecks. they will still be able to export significant amounts, which means that the not much of the russian production might alternately be compromised. but the price of transport for russia is rising, steep, losing the situation for at the moment we see them taking long journeys to get to asia via northwest europe, then through the mediterranean,

down through the suez canal, and then onward to india, or to china. water to go, companies working in this gray area market can earn up to $350000.00 a day. it is one of the unintended consequences of the use embargo on russian oil. carol nacley is founder and ceo of crystal energy and london cure a welcome to the show. an aging fleet of ships doesn't sound very reassuring or maybe even safe. will it help russia respond to this embargo? good morning. it would had to a certain extent because it depends on the capacity of that feed and actually how many ships that have been a savings to oceans have sunk so far. it's not that kind of course accidents do happen. it's not that and we should, that has been saying or has some special. it comes to code or a certain extent. but it also, you have to think about, and it's very difficult to trace the money cool lines of russian oil in it,

cause you have to see actually how many friends russia has. and how many of those friends have the finding a city is not only about asia, there is another, it wasn't by and that is turkey. some aggression on is also going to the middle east and can be blended. it can be a mixed was other she was and then put us in a different kind of a find all products. so in that respect, yes, what functions and it was on top of that the price is increasing the difficulty for buyers to buy russian oil. and it's not going to take down the market, nancy yet. and he was too far from being there because all markets are global, and there are so many players and i would take it to mean then you suppose this price cap is going to be difficult for the west to find a lot of nations that are going to agree to this pipe price gap, you mentioned that, of course, just for our viewers, that is this plan to create a sort of buyers cartel setting a price ceiling of $60.00

a barrel or so for russian oil, but it needs other nations besides the besides the g 7 to go along with it. do you think that's going to be a hard sell for nation such as china such as india, pakistan, india. i mean, the price curve is one more layer of the sanctions and the you has impose to sell russian always in the you. so that is one on c, one russian product and the price gap on all russian or simply affects the buyer is outside the u. which means that anyone who is using a say in should be an insurance company or european own tankers. i'm going to use to transport question on unless they follow at price. now it's effectiveness depends on the level of best buy scale. we're hearing a lot about $60.00 a barrel, and then my son will not make a huge difference to russian to buyers. want to russia, because already is screwing as being sold at

a discount between $20.00 to $25.00. and that will compare to the benchmark, which is brent. that is, you know, the european benchmark. so let's, but if around that region under existing market conditions then the price is likely to be symbolic. and of course, if this would depend on what the does, but what on the friends of a shock when they will do. and then finally, the chinese and indian to what extent they will continue to buy, right irrespective of what the bus and, and we'll have to leave it there for now. carol nacley, founder and ceo of crystal energy, thank you very much. thank you. the german government is drafting new plans to smooth the entry process for foreign skilled workers if some of the companies say is long overdue. the countries aging workforce is a growing liability or positions in i t and software development, for example, are becoming notoriously hard to fill. more companies are now looking abroad for help. i, one year ago i shy more, re,

came from india to germany, and state language is the main barrier. but if you compare it from other countries, then a frontal countries could, people are good. the only thing is this german thing that language and you have to learn in the starting. i was thinking it was will be very easy to to 6 months i will be comfortable to speak enjoying i. it's not an easy thing. it figures. oh, this man helped him chimney doctor knows both cultures. he came to germany decades ago as a mechanical engineer. he's turned his experience into a business and now finds indian specialists like are shy for german companies. they pay up to 5 figures, samson commission for his service and they can't find enough suitable applicants in germany and for foreign software developers. for example, from asia,

germany's very attractive. i shy moreno works at this start a programming online stores for the bus. it's important that he can communicate with his employees face to face, puffing of invalid ricochet. of the reason why we bring our employees to germany. they work alongside the germans software, develop us. it's very important for us to discuss everything as the team, the team of quote, some bigger offers, present them more and more indians coming to work in germany. like a shy moray europe has a particularly good reputation among in the and fresh graduates. i'm more than 20 full i'm joined now by nicole buckner. she's co founder and ceo of moran tex labs as a tech consultant here in berlin. nicole, germany likes to tout it's tech start up. seen especially here in berlin. how critical or foreign workers to the texting in the text is highly

reliable on talent, right? that's basically the main asked to be put into it. and so the dependencies are very high, and we need to be able, as a german tech started to attract foreign talent here. and this relies on different different killers, right? one, if it is, can be create the conditions here that make it very attractive offer and work is to come here and especially the start of steam. this is something to do with us being able to offer equity and share compensation, which is still an issue. and the other thing is just that barriers of finding basically getting access to the labor market and these application process, etc. and making that as efficient as possible. are you optimistic about what you're hearing so far that this government wants to do something? i know right now it's sort of a vague what, what they're offering. they're still drafting a lot of with what you're hearing. what do you see? i think, i think good intentions are good and a great and are good. are

a good start. but the german started seeing has been asking for concrete measures in steps for a long time now, and we were really ready to see some action so optimistic that the intentions are really good and now very impatient to see the 1st tangible results. and if we can see them early next year, and i think we will all be very happy what would help the most in your opinion and the most. and i think it's the most for startups completely. what would be indeed some sort of equity in ration right. the problem there is, at stops, usually offer employees employees shares, and these are taxed on the chairman tax regulation without dipping actual cash flows. so people would have to take on their credit to basically pay the taxes on the shares, everything which could go to their own recent crisis. so that would helped

enormously. yeah. do you expect, do you expect anything to change within the scene itself, given where things are economically the fact that many tech companies are struggling right now, because it's sort of up with the brakes on any attempts to make a change right now. i hope not, because if we look at the global development and unfortunately some of the big tech players are globally know, making considerable and significant less. this is the time to have to optimal conditions for talent to come to germany. this is the opportunity to season that's something that the german started association with, if an asset is basically and trying to push for a long time, and this is the time for action not for complacency or on the colbert, nor with moran sex labs in berlin. thank you very much. thank you. and finally, a self portrait by german expressionist max beckman has smash jeremy's record for a painting after it fetched a cool 20000000 euros. the work titled self portrait,

yellow pink, was sold by berlin auction house village reis a box which says it hopes the sale will boost the country's art art market. the previous record was set by another beck, one piece egyptian. it's old for 5500000 euros in 2018 artist. painted the self portrait in amsterdam after fleeing nazi germany, where his work had been labeled degenerate art. and that's it for me. in the business team here blend, you can find a more online d w dot com slash business. we're also on youtube or the dw news channel. i'm from beardsley in berlin, thanks for watching with ah, with

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