:00:04. > :00:14.deputy in 1988. Those are the latest headlines. Now
:00:14. > :00:21.
:00:21. > :00:27.Your chance to catch up on all the latest in the world of business and
:00:27. > :00:30.money. Here are the headlines: A US jobs report today. The last one
:00:30. > :00:39.before election day. Will it provide a snapshot of the country's
:00:39. > :00:43.economic recovery and dissuade the presidential race.
:00:43. > :00:47.The World Bank opens a landing channel to Burma for the first time
:00:47. > :00:57.in 25 years. And is the powerhouse of Europe are
:00:57. > :00:59.
:00:59. > :01:06.losing its spark? German manufacturers might be making less.
:01:06. > :01:10.We will catch up very sharply. As you have been hearing, parts of
:01:10. > :01:14.America's East Coast may still be picking up after Hurricane Sandy.
:01:14. > :01:20.But for the economy, business as usual. The monthly employment
:01:20. > :01:25.report was published today. It is expected to show that the
:01:25. > :01:35.unemployment rate crept up a little bit to 7.9%. That could give
:01:35. > :01:39.
:01:39. > :01:44.political ammunition to President Obama's rival.
:01:44. > :01:49.In four days, America will choose its next president. In a last push
:01:49. > :01:53.to win over voters, Barack Obama and his Republican contender Mitt
:01:53. > :01:58.Romney are back on the campaign trail. Laying out their plans for
:01:58. > :02:03.the next four years. But were voters across America, there is
:02:04. > :02:08.just one big issue - the state of the country's economy. The jobless
:02:08. > :02:13.rate is still high. Convincing voters they have the best plan to
:02:13. > :02:19.promote jobs and cut unemployment is likely to be the key to the
:02:19. > :02:26.White House. One business that is hiring new staff is a green energy
:02:26. > :02:30.firm. Its past is less worried about the economic outlook and more
:02:30. > :02:34.about finding suitable applicants. His firm does offer a training for
:02:34. > :02:42.new staff. But borrowing the money needed to fund the schemes is hard
:02:42. > :02:48.to come by. We have the labourers and jobs. We just need the skills.
:02:48. > :02:56.It is easy to fill, it just takes some attention. We need to invest
:02:56. > :03:03.in our people. For people like Julia, who have the necessary
:03:03. > :03:07.skills, finding a job was much easier. After just two weeks on the
:03:07. > :03:13.job market, she was offered a new position as a marketing director.
:03:13. > :03:17.But keeping up with changing demand for skills is not easy. When I was
:03:18. > :03:26.in college eight years ago, the jobs available then were not the
:03:26. > :03:31.jobs available now. That is quite recent. It is difficult. Let us say
:03:31. > :03:37.people in school now start learning to be programmers. Will that be a
:03:37. > :03:42.job still around when they come out of school? For many more, the
:03:42. > :03:46.outlook is less certain. America needs to create 100,000 jobs every
:03:46. > :03:51.month just to keep up with its population growth. When Americans
:03:51. > :03:58.go to the polls next week, they'll be voting not only for the next
:03:58. > :04:02.president but also for the country's economic future.
:04:02. > :04:07.As soon as those numbers are out we will bring them to you.
:04:07. > :04:14.The World Bank has approved a development grant of $80 million to
:04:14. > :04:21.Burma. It is the first systems to the country in 25 years. --
:04:21. > :04:28.Assistance. This comes after the US lifted those sanctions. Also,
:04:28. > :04:34.certain financial restrictions. Indeed it does. It is the first
:04:34. > :04:37.time the World Bank will be opening channels of lending to Burma for a
:04:37. > :04:43.quarter of a century. Roma was the second poorest country in a shop.
:04:43. > :04:52.The money will go a long way. -- drama. It will go to build roads,
:04:52. > :05:00.schools, health clinics. It comes after now to the US sanctions were
:05:00. > :05:05.suspended to some extent. The current government also began
:05:05. > :05:10.implementing economic, political and other reforms. This is
:05:10. > :05:14.certainly helping Burma. Another $165 million will also be
:05:14. > :05:19.potentially made available to the country once it has cleared its
:05:19. > :05:29.overdue debt. Discussion will continue in coming months on just
:05:29. > :05:29.
:05:29. > :05:37.how to allocate the funds. There have elections in November. -- were
:05:37. > :05:42.elections. -- in November 2010. This led to a new democratic system.
:05:42. > :05:47.Some censorship has been lifted and political prisoners freed. Aung San
:05:47. > :05:56.Suu Kyi has rejoined the political process. She has a presence in the
:05:56. > :05:59.parliament. All of these are signs that Burma will continue to open up.
:05:59. > :06:04.Moving on with the latest indicators on the state of
:06:04. > :06:09.Germany's manufacturing sector. They come out in a few hours' time.
:06:09. > :06:13.They are likely to make for some gloomy reading. They are very
:06:13. > :06:18.important figures. They are likely to be negative for yet another
:06:18. > :06:24.month. Manufacturing activity is slowing. That will be gloomy news
:06:24. > :06:28.for pretty much everyone. They were hoping that Germany may be able to
:06:28. > :06:36.pull its neighbours out of recession. Should Germany be so
:06:36. > :06:40.pessimistic? Germany's VW aims to become the
:06:40. > :06:44.biggest carmaker in the world. Aiming to make over 10 million
:06:44. > :06:50.models per year. But this year it has had to cut back on production
:06:50. > :06:57.instead. Only a strong presence in China has kept revenues high. The
:06:57. > :06:58.consumer boom there seems to be easing off. That explains why last
:06:58. > :07:04.month the purchasing managers' index for manufacturing in Germany
:07:04. > :07:08.sank to a low not seen since the end of the global recession. In one
:07:08. > :07:13.respect, German manufacturers may be authors of their own misfortunes.
:07:13. > :07:20.He specialised in making highly engineered capital goods and high-
:07:20. > :07:24.quality consumer durable. People can pass up on these when they are
:07:24. > :07:31.feeling the pinch. It is hard for many German engineering companies
:07:31. > :07:39.to switch on short notice. Then again, German manufacturers can
:07:39. > :07:46.come themselves lucky. -- count. The recession in the eurozone has
:07:46. > :07:49.depressed the value of the euro. Its currency would have risen if
:07:50. > :07:55.they were still using the Deutschmark. Germany is now
:07:55. > :08:02.benefiting from the misery of Europe. Shouldn't Germany's
:08:02. > :08:06.industrialists feel pessimistic? Unemployment is low and consumer
:08:06. > :08:12.spending is still high. It may come as cold comfort for the populations
:08:12. > :08:18.of partners. But Germany has been heard very little by the European
:08:18. > :08:28.downturn. Catching on a couple of other
:08:28. > :08:33.
:08:33. > :08:38.business stories. link in's outperformed Wall Street's
:08:38. > :08:43.expectations. It has been an exception among internet companies
:08:43. > :08:48.that have gone public in recent years. Others like Facebook are
:08:48. > :08:54.trading well below their initial public offering. Their stock price
:08:55. > :09:04.has more than doubled. How about the iPad many? It made
:09:05. > :09:14.its debut on Friday. Its in order to take on its rivals with a small
:09:15. > :09:16.
:09:16. > :09:21.version. The new iPad will also be launched in about three dozen
:09:21. > :09:26.countries across Asia, Europe and the United States later today.
:09:26. > :09:30.That is what the Asian markets did. This is after some better numbers
:09:30. > :09:36.out of the United States and China. China manufacturing numbers giving
:09:36. > :09:41.a boost to the markets in Asia. Generally giving a boost to the