Labor unions in africa are warning of a brain drain to europe. This is state of your business im going to office in berlin welcome asian markets mostly steadied on monday after the coronavirus outbreak triggered the worst week of losses since the 2008 financial crisis last weeks rout was reversed slightly as bargain by is moved in and investors bet on Interest Rate cuts shanghai lead the pack gaining 3 percent japan rebounded from opening losses after the central bank said it would provide support for the regions gains came despite chinese Industry Data which showed manufacturing fell and said here it to its lowest level on record. Now lets go straight to our financial correspondent only bots in frankfurt only the markets in asia are recovering is the worst behind us or is that virus going to keep us busy for a while. I think its going to keep us busy for a while i hesitate to say that the worst is behind us or that theres more to come i simply dont know i can only point to the fact that so far the main effect of corona has been in asia mainly in china and very little in europe but the numbers are growing in europe as well in their headlines floating around this morning like the one from. The World AirlineRepresentative Association saying that for example growth in the Middle East Airlines this year could have a krone impact continues the market is also treading carefully yes the share prices are going up here in frankfurt as well but nowhere until youre recovering any of that huge loss incurred last week here as well really Central Banks are said to support the economy in several ways what are they going to do and how effective can that be. Well at the moment there are 100 percent bets going that the fed is going to reduce Interest Rates in order to mitigate a carone impacts well see whether thats happening whether there will be indeed as people also speculate a coordinated effort by Central Banks around the world but whether thats going to have a better effect an effect of improving things i very much doubt that because central bank is helping works with demand weakness this is the weakness in supply it would be the wrong remedy i think it would be throwing oil into the fire. Only balance in the frankfurt thank you. Germany is opening its job market to skilled workers from abroad the Skilled Labor immigration act comes into effect on monday to make it easier for companies to find suitable recruits especially from non e. U. Countries for a variety of important jobs particularly in sectors where there are just not enough applicants from within germany that our current. 40 professions with an acute lack of qualified workers are the most affected sectors is health care germanys rapidly aging society finds itself confronted with an acute lack of nurses and carers for the elderly with more than 100000 positions unfilled there are similar gaps in many Skilled Trades to germany desperately needs more than tronic technicians plumbers and qualified construction workers applicants should nonetheless be aware that the process of moving to germany for work may not be as easy as it sounds formal qualifications are key here problem official training is essential for anyone wanting to play gas pipes or work in the medical profession and german Language Skills are usually a basic requirement specially the thousands of small to medium size firms all across the country that form the backbone of germanys economy. These 2 specialists from abroad are working at an air conditioning firm called estie in potsdam near berlin so each year f. Is from syria while nico barnett comes from poland they have the opportunity to meet economy minister peter alkmaar whos just overseen a new law which should make immigration for skilled workers from non e. U. Countries much easier in future a bubble it will streamline the process. Make sure the visa application process is faster and that the process of recognising qualifications speeds up so people can actually work here that technicians employed in the heating and air conditioning sector a good example they belong to the socalled bottleneck professions where theres a major shortage all over germany including at this company because i could hire 10 people with these qualifications straightaway we operate different areas in this company and each department could easily take 3 people. The new Immigration Law offers a ray of hope to make sure it is maximum impact germany is pushing the message as hard as it can especially in countries where it has already proven successful. Vietnam a lot of overseas workers in the former east germany in the 1000 agents came from there and theres lots of links to the boat people refugees who came to west germany in the seventys are countries in latin america like mexico or brazil and that. Makes you caught up. From now on if they have the qualifications and can speak german workers can come to germany for 6 months to look for work that doesnt mean increased competition for trainees already here the demand for skilled workers is so great theyll be enough jobs for all of them in germany for the forseeable future. Im not joined by michelle mentions shes with the German Economic Institute a think tank based in cologne and she has advised the government in developing this new law michelle well that new law makes a tangible difference for german companies. Yes its effect that companies are liking many skilled professionals and actually the law provides that. The company can hire a professional from a brawl using. Facts from a prostitute this fess up 1st year with ease the condition and the visa process for companies and also the fact that there will be no proud shake anymore making. Use citizens. Before country citizens the german business will therefore have a larger pool of applicants and they can hire from abroad of making the question cation much more important than the country of which you just said germany will have a larger pool compared to aba e. U. Countries is germany an attractive destination for skilled workers no. Yeah actually the economy is prosperous and. Employment is at its highest level and this new low increase also the chief ness of germany in comparison to other countries but there are other factors such as the german languages that are still consider us a better view because many immigrants consider german difficult to learn and also the fact that they were conditioned process was be the same as pirates of the. Defiantly make things not so easy for drama definitely is it if languages can germany and doesnt generally need to do more to attract workers than just this law or is it enough. I think at the moment is. Because. Making a statement before jumping to any conclusion is important 1st of implementing new low i think days they are many provisions that have been introduced with the new law 2 and let us just give the chains and after one year we can see what has been improved and what can be done better vision that you thank you very much for this thank you to now with thousands of vacant positions across Germanys Health system Recruitment Companies and hospitals are already looking beyond the e. U. For personnel in africa as one key destination for German Health care recruiters our correspondent ed increased reports from the may be where Union Officials are already worried that too many qualified nursing staff might be lured away to europe. Is slightly nervous. That shes only been learning german for 5 months and is about to do her 1st Job Interview in the language Staff Members from the University Hospital just a day off in germany have traveled to namibia for it. Personally you know my name is yet to occur and im 23 years old. Im not married and have no children. Yellow i couldnt study nursing at university but has not found a job since its a story many of her fellow students share. Namibias economy is in crisis at the moment yeah lives with the cousin but she hopes that soon a job in germany will hope her support her family financially i freely said Good Opportunity for my personal. Development. My career as well and for my for the things i wanted to in the future once she has safety enough money she hopes to study more or return to the media. The head of the Namibian Nurses Union demands more Government Investment he says most hospitals are understaffed and she fears that qualified personnel might not come back. The government did not say i will from them and they have to be also. Because. Sometimes we will see a lot of money which was supposed to be utilized. By the scenery but a medical. System the Health Minister wants to employ an additional 4000. 00 nurses but there isnt enough money to hire more now maybe as 1. 00 of the very few african countries that trains more nursing staff than it can employ a. Country like germany is a developed country. I think and they have different approaches to different clinicians so it is also good for them to get exposed. And then come back to a place in the country this has been a lot of talk about brain drain. But. This has not affected my maybe. In the meantime the nurses and when talk awaiting for the results of their shop interviews. I can tell you that we have decided that we want all of you to come and work for us. Just. Really think its very exciting that can express how im feeling very very safe theyve got the job now the nurses just have to ask them which tests then theyll be off to just a pull. The learning curve was well thats it for me and the Business Team but more Business News and background stories such as such business and to follow up on social said to today reporter is up next right after this quick look at global markets. The boost say above all comics starting in 1013 on the creator of the fast empire of superheroes with human weaknesses. The man their share of closures the moving storm becoming a more substantial market the b. W. Well i guess sometimes i. Think. Students are german culture looking at the stereotype. Of the country that i dont care. For thanks for this drama there you go its cold out there. Joins me from. Your. Post. It doesnt look much like winter in germany. Here steers snowboarders and ski resort operators are suffering from the mild temperatures. Other ski areas have shut down in recent years but inventor. Theyre expanding their Winter Sports activities and trying to keep one step ahead of climate change. The snow is thawing during the high season. Still all of the ski lifts are in operation and all of the slopes are open. Is fully booked its one of the most popular ski areas north of the alps but unlike in the alps white winters cant be taken for granted here at 670 meters above sea level normally lies right on the climatic snow line and studies show this line could rise even higher in the years to come. Nico brinkman operates several ski facilities in. His family has long lived. And provides employment for around 50 people