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 lets 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 europes odd open yet but what traders worried about. I think theyre worried about this conflict flaring up further escalating the spike in the oil prices shows this the worry isnt 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 were 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 its 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 thats hurting growth hurting corporate profits hurting consumers ability to buy products at the moment to a price is around 63. 00 and economists weve talked to say after 80. 00 stepping up to 100. 00 and it becomes a real problem when its not at that level yet all right only dont 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 isnt very happy about this only in about it but its 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 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 whats 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 theres 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 dont think so theres this guy isnt 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 thats a conflict that i think is more serious politically and economically but so far germanys chancellor merkel is holding of course on that one all right but about in front thank you so much. Interpol issue its 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 arent 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. 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 japans 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 were 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 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 hes 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 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 its 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 isnt 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. 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 tomorrows Economic Prosperity lies in the hands of the youth. Of a more im 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 whats 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 to germany to work and live here its easiest for them to have a look at their website make it in germany they can cold they can send an email 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 thats 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 a lot of assistance that but as weve 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 its 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 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 youre most welcome. And thats your Business Update thanks for watching. What secrets lie behind. Discover new adventures in 360 to. Explore fascinating World Heritage sites. W World Heritage 360 get the maps now. To send europe thats most amazing at its most exciting to a most creative folks. Claim 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 well be looking at some of the cultural highlights coming up in 2020 and also. Beethoven only wrote one profit dado and im sure he never imagined it being staged with profits. Scott fitzgeralds novel the great gatsby being performed as the mercy of. The. Next edition and from showing the huge influence of the work charlie chan has had. First of all though lets have a look into our cultural crystal ball and see some of the highlights coming up this year theres lots of out of us trees and well be covering them with a big emphasis on the 250th anniversary of beethovens birth in his song here in berlin theres a new director of the berlin our Film Festival again a lots of coverage here on d. W. But theres all sorts of other things like this. Was going. To question is justified after all its been 5 years since double a 7 month graced our screens so whats taking so long we all have. Well after all he is a secret agent one things for certain the 25th James Bond Film titled no