for the english side making him one of the standout players in the premier league this season. all right you're watching the news we still have a lot more to tell you about here is what's ahead for us president allentown points to open more of america's coastlines to offshore drilling but the plan isn't going down well with everyone. christopher covert we'll have that and the day's other business stories after a short break. i should makea has no children which makes her feel worthless and incomplete. in a society that expects them to be her children this is

a burden many married 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 niger. fruitless tree starting january fourteenth on t w. for g.w. on facebook and twitter. to date and in touch. drilling at all costs seven years ago the deepwater horizon catastrophe cost death and viral mental havoc now the trump administration wants to open nearly all u.s. coastline to offshore exploitation also on the program the dow it's twenty five

thousand points the u.s. president says thanks to him we'll put that into perspective for you and turkey's economy is boasting impressive growth but is it sustainable we'll get the word from istanbul. this is a business i'm crystal folbre welcome energy independence is king donald trump's government wants to open u.s. coastlines to more offshore drilling while energy companies are cheering several coastal states vaal to do whatever it takes to stop that from happening. the five year plan calls for forty seven new offshore leases opening waters that have been off limits for decades including areas off the california and florida coasts is a move that the u.s. interior department says is in the nation's interest but it is a clear difference between interview we. and the president we're going to have the strongest energy policy and become the strongest and. we

certainly. do that the proposal follows last week's announcement of plans to roll back or even repeal safety regulations adopted under the obama administration environmental groups have vowed to oppose the move and are organizing protests offshore drilling is is inherently dirty it's inevitable that there will be an oil spill such as was the case off the coast of santa barbara in two thousand and fifteen where hundred thousand gallons of oil spilled into the ocean killing fish marine mammals and other wildlife. and you can go as far back as two thousand and ten to the b.p. departed horizon spill which spilled millions of barrels into the gulf of mexico the plan has already drawn heavy criticism from several coastal states among them the carolinas and california also in florida where memories of the deepwater horizon spill remain fresh the two thousand and ten oil platform explosion claimed

the lives of eleven oil workers and devastated the gulf coast. staying in the united states the dow jones industrial average has surged past twenty five thousand points for the first time thursday's milestone comes off the back of a rapid rise for the new chip index in part by an overhaul of u.s. taxes which substantially cuts the corporate tax rate u.s. president donald trump was quick to claim responsibility for the new record and already has his sights set on yet another. we did in fact break twenty five thousand very substantially break it very easily. so i guess i do numbers there he says but what they what it means is every time you see that number go up on wall street it means jobs mean success all right let's put that into perspective for you and have a look at the dow jones over the last decade after the financial crisis u.s. markets hit a low of about six thousand six hundred points back in march of two thousand and nine just weeks after barack obama had been elected to the white house since then

the market has seen the longest rise in wall street history now the dow had almost tripled in value by the end of two thousand and sixteen mm and donald trump won the election and yes it has continued to rise since then. to turkey now and the country's economy has proven surprisingly resilient despite political uncertainties but there are some dark clouds on the horizon g.d.p. growth took a big hit and twenty sixteen after a failed coup attempt but then roared back a surge in construction and government spending puts turkey's g.d.p. growth on track to exceed six and a half percent for twenty seventeen that number only outpaced by china and india but inflation remains a major problem at the end of last year annual consumer price growth reached almost twelve perth percent and that's had an impact on the turkish currency the lira has been a long on a long steady decline for years worth over fifty u.s.

cents five years ago now down to around half of that now the weak currency helps make turkish exports cheap but it reflects a lack of confidence in the economy and it's making it increasingly difficult for many turks to make ends meet. activists suddenly had to get used to serving tea for the last four months he's been working as a temporary waiter in this istanbul cafe. he'd never imagined things could come to this only last summer move that was the proud owner of a small hotel he was the boss but the economic crisis runed his business he went bankrupt was forced to sell up. because if you do we are going to. it feels awful to crash like that it's just such a huge difference between what i was and what i am now. doing my house is mainly european tourists in my hotel but they stopped coming and i started to lose money

on what's happened in the last two years my business collapsed completely the. lots of turkey's businesses have gone the way of move outs on the stumbles main shopping boulevard the lively misty club the signs of economic malays are everywhere. turkey's inflation rate has hit a fourteen year high and the lira is constantly losing value creating problems for many. but senator look that's all we now know that you are so it's got us to go out a lot to eat but that's become a luxury for us. we're always comparing what we were able to buy and what we can buy now but that's not much use. we only lose money because of years of bad policies of the we are not in the discontent is rife even though officially the economy is booming skyscrapers

a sprouting up in istanbul's financial district thanks to state subsidies the week earlier has seen exports increase president one claims that the economy grew by as much as seven percent in twenty seventeen the main in you economies don't even come close to that. economist. doesn't trust the glowing figures he says turkey's economic miracle is built on sand we do have an investment boom in structures as you know istanbul is now covered with this skyscrapers but that's that investment it doesn't productivity growth it is what the economists call sustainable we can't go like that. that active player has his own crisis to deal with after he's finished his shift in the café he often walks past the hotel he owned not so long ago. but move that's already given up hope it might one day be

his again. not for more let's bring in gareth jenkins who is with the nonprofit research institute for security and development policy in istanbul karratha to the program now we just heard in the report an economist saying that the growth in turkey the economic growth is built on sand and not sustainable what's your take on that i tend to agree i mean certainly the extraordinary high growth rates we have seen for the third quarter of two thousand and seventeen eleven point one percent that's not sustainable that's necessarily mean that's going to be an economic collapse but i think everybody expects the pace of growth slowed considerably in two thousand and eighteen and a lot of business is already complaining about squeezed profit margins and things like this so we're not going to see a sustained growth of these kind of levels well but present data on seems to enjoy these growth figures do you see any attempt by the government to steer towards

a more sustainable growth it's very difficult for him because he faces presidential elections in two thousand and nineteen after moments that show you from november two thousand and nineteen there's the expectation he may try to bring move forward and he knows that a lot of voters are going to be looking at the state of the economy. in order to have the structural reforms to if you really need the economy it's going to be some time before they pass through two terms of people being out to feel offended in that daily lives he doesn't have enough troops to do that before november two thousand and nineteen or course if the elections are held. what are the structural reforms that seem necessary here. well one thing of course as mentioned in your report is that you have to have you know you have to have some changes to the way that the central bank operates it has to be allowed full independence at

the moment its independence is only on paper it has to be able to enter raise interest rates etc in accordance with the economic conditions there also needs to be an overhaul of the legal system we're still under a state of emergency here with a lot of right suspend it i don't think anybody seriously thinks and it's actually rule of law in the country at the moment because investors need to know when they invest their investments could be safe so has to be a lot of very major reforms in the economy like this and gareth bravery meanwhile one of turkey's allies iran is facing a political crisis how will that impact things when not sure at the moment i mean turkey is a relationship with iran has always been highly compartmentalized you have it has quite a lot of trade with iran with of course their sectarian libels to a certain extent as to teach it rivals even have a short term tactical alliance at the moment we've seen the economy the economic

relations picking up this year with iran not such a good year last year we're expecting around about twelve million. in bilateral trade twenty billion dollars sorry bilateral trade two thousand and seventeen. but it's the butyl not to the turkish economy i mean the balance of trade is two to one in iran's faith. jenkins of the institute for security and development policy interest of all thank you so much. and that's i shall thanks for watching for more find us on facebook follow us on twitter and of course there's always the website that's d.w. dot com slash business and here's a look at markets are trading at the moment. trauma

strong emotion. the a q. and a out because she saw. the stocks experience this clash of

time what makes this encounter. to. be called. the. intensity of. chinese. needs to be. done to stop destroying. safe farms and the down there are countless ego at africa in sixty minutes on d w. where i come from we have to fight for a free press that was born and raised in a military dictatorship with just one to the shadow and if you newspapers when official information as a journalist i have walked off the streets of many canvassed and they have problems

are always the same forward to social inequality a lack of the freedom of the press. corruption weak on the floor to stay silent when it comes to the fans of the humans and see the right to fold who have decided to put their trust in us. my name is jenny paris and i work a day w. .