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children which makes her feel worthless and incomplete. in a society that expects them to bear children this is a burden many married yet childless women in niger suffer from. a wife is only fully accepted upon motherhood. a very personal film about the suffering of childless women in the insurance. blistery starting january fourteenth on t w. a classic case of told you so german ally looks to be already abusing its monopoly on certain routes after it's lost

a mystic rival has gone bust now the competition bought stock in germany is sounding the alarm. confident or just complacent the european central bank says its controversial monetary policies are working because the eurozone economy is forging ahead. traveling along the new silk road how the all of this is drawing billion dollar investments from china. this is the w. business in berlin. the bankruptcy a bankruptcy rather of lin left as the last standing here in germany prompting fears of rising ticket prices rightly so says the german competition authority the cartel watchdog prices for all of those tonnes us booking glasses and concluded they were only raised up to thirty percent chance of says it was merely the algorithm that came up with these prices. authorities said it does not buy that

excuse possibly opening the door to punitive fines and even customer lawsuits against lufthansa. well let's bring in ali financial correspondent in frankfurt only times are really abusing its monopoly already. well the the argument with the algorithm is really absurd if you take that to the full extent than lost tons could for example ground to half its planes and the algorithm would see that oh there's less supply let's double the fair prices that the passengers have to pay it was the algorithms that figured that out but even if you wouldn't calculate something like that in something willful of course you can reprogram the algorithms to suit the current market situation and above all to meet the law and to meet regulations so that's kind of a childish argument and i don't even know if c.e.o.

cost for a believes that himself what is true is of course that as he says of the original one hundred forty planes that used to fly for air berlin ninety are grounded now and of course there's demand and with higher demand and if there's no other competitor there then there's some justification to demanding higher prices really competition authority and customer complaints aside lufthansa has done very well this year hasn't it. they've done super well it was a record year for them they've never made as much profit as they have it was quite an expected one factor our oil prices were ok for the airline but they also were successful in cutting costs and they also were successful in cutting a deal with their pilots it was a year long years long struggle several years it cost the many millions and now that's out of the way and it also clears the way with new schemes for retirement

and for concert and station to become more competitive in this very competitive business of the airline business not just in europe but around the world in the share price reflects that success it's caught up by a whopping one hundred fifty percent this year by far the biggest gainer in the german market and probably in europe as well one of our friends on the right performance in d.c. i thank you very much not only looked on those doing well the e.u. economy on the whole is alive and well the european central bank says in its year end report business in the eurozone has been growing for four and a half years creating seven million jobs these ethe things it's monetary policy of interest rates near zero percent and an extensive bond buying program has helped the e.u. recover from the two thousand and eight financial crisis and is now helping the sponson of the economy the central bank does not anticipate a change in policy any time soon. so no surprise there then but how long can or

will the e.c.b. stick to its guns are not joined in the studio by professor ansgar becker and that he agree is the e.c.b. monetary policy working at first glance this seems to be the case if you look at growth rates a consumption investment just stimulated maybe about international factors as well so the main target is not hit by the central bank look at inflation expectations but very low still at about one percentage points if you look at core inflation that is inflation without energy prices food prices and some forecasts are saying and even easybeats own forecasts are saying that even in three years we were not arrive at nearly two percent so to that extent it's not successful if you look at the risk spreads of italy for instance after the one purchases started they went up again very shortly afterward so it's not successful over the oran and you know

average savers are being punished as well especially in germany a country of of savers it is the z.b. policy mainly prague proffering companies and the stock market in fact it does but maybe at the benefit also for labor in germany the counterfactual is of course difficult to define what would have happened if these a b. would have not intervened in principle you are right the huge degree of redistribution. where do you see monetary policy going in twenty eighteen is the easy on a stick to his guns if i trust mario draghi and. it's dicto minutes press conferences i would say interest rates would be lower till two thousand one thousand because simply we are at a different business cycle stance than the us and also there will be no exit from the bond purchases there will be lowered from january to. temba next year

to only thirty billions then they will repurchase all the income from for the major bombs and will invest them again so the balance sheets will be larger in the next years if you look at your crystal ball across the rest of the world where do you see other interest rates at the moment monetary policy in the us for example in japan going in general it's striking that all the interest rate the long term interest rates went down in parallel the last twenty five years and so in the next years i also expect from dictating the fed interest rate decreases again so this will be only a short upturn in terms of the exit but i don't see longer term interest rate hikes in the u.s. so everything's going to roughly stay as it is i think so. thank you very much for this update. all this week we're taking

a look at the new silk road china's attempt to revive a one thousand year old trade route by investing hundreds of billions of dollars in ports railways roads and bridges across asia africa and europe today we're in greece at the port of the reyes last year china's state owned shipping and logistics cosco spent more than two hundred eighty million euros to secure a majority stake in the port company they're due to poor another three hundred fifty million into port infrastructure in the next decade for the greeks encouraging chinese investment has paid off large tele communications companies like that t e and who are wired from china all human packet from the us are using pure as as a hub for their goods to and to europe the traffic volume has increased by twenty percent compared to last year. this is the port of parathas since chinese shipping giant costco took over the port has been an operation twenty four hours

a day freight volumes are four times what they used to be and one of the two container piers is being extended costco's plan to turn pariahs into a gateway to europe is well underway its local executives are upbeat so far pereira says the only large private sector project making headway in greece by it is will be the first time at that on an up. and very big disabuse us and they make that out now and we hope to be our shot of this the center of this if you think out of us from buy up but. companies like sony and hewlett packard chip their products from paramus to eastern europe costco has invested up billion euros in the container terminal. the passenger terminal is next on the agenda already the largest in europe it's going to get even bigger along with a massive facelift. old warehouses are also being converted.

are that get these to develop four and five star hotels that we did not cover maybe you know you can see beauty and to provide duties he said he sees we thought there i mused. areas like a restaurant cafeterias costco also wants to attract cruise ship passengers primarily from china and paramus would be more than just a flying visit costco wants to become home base for the luxury liners big plans but the unions are skeptical they fear costco was farming out contracts to subcontractors and working conditions will be undermined in a few me off the wall it's an important question is that and if necessary we'll go on strike yet we want a collective agreement and long term secure jobs that's what we demand from costco and also from our government. as part of the deal with the greek government costco

has to invest three hundred fifty million euros in paramus harbor over the next ten years it's hoped the district around the harbor will also benefit. it would be good if the tourists were in the harbor for longer most just want to see the acropolis. there because of the beginning even greeks would come here more often oh. i hope that the past on the passing years there will be a development more stores will come where people will invent this to the hard part to give life again angry certainly needs the kind of economic stimulus the chinese hope their vision for prayer will deliver. and tomorrow will arrive at one of the end points of the new silk road in two spoke. concluding all series and that's it for me and the business team here and more news on the w. for you of course top of the hour before you go here is a real time check on global markets.

to. meet young entrepreneurs eager to tackle global challenges in our series founders valley in this episode for india global climate change his current all too tangible

not is looking for new concepts for sustainable business models it is an odd interest to grow differently and that's the remains of the world is the last part of our series founders dally next on t.w. . entered the conflict zone confronting the powerful fis rico green zone is in warsaw where the polish government is facing mounting criticism from the e.u. over its record on democracy and human rights my guest is the deputy prime minister . is his government ready to address the concerns voiced by brussels for continue rejecting them out of a final four in sixty minutes on d w. not over out and they will not succeed in dividing us out not succeed in taking the

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