but frankfurt held on to return to winning ways off the back to back. you're watching t.v. news still to come nepal is about to get a much needed rail connection over the southern border with the builder beating up on the usually strong competitor for the business. all that and much more still in business with. how do you want to live in a radical way discover the bauhaus go to house world church january thirteenth on g.w. . every journey begins with the first step and every

language is the first word and there's been little coaxing germany to learn your. business why not learn with him. in simple our mind on your mobile and free. t w z e learning course. german maybe see. a way from the brink of recession. bad news for president obama's government industrial production of the domestic turns and crosses shows no sign of going away . and india builds a new red connections for the call as the competition with china. so who is the

best friend. welcomed to do business out of we start with turkey figures out today show that industrial production that dropped five point seven percent in october much more than anticipated he's economy is struggling the leader of nearly lost half of its value against the u.s. dollar since august g.d.p. expanded bolli one point six percent in the quarter rating agencies like fitch see turkey sliding straight into recession and that negative outlook could weigh on the upcoming regional elections. the situation in istanbul seems a bit more relaxed than two months ago back then the political differences with the usa caused a severe economic crisis inflation fell slightly to just under twenty two percent the value of the turkish lira has stabilized this was aided by the fact that the country's central bank raised the key interest rate to twenty four percent so is

everything all right now not really. exports rose by nine and a half percent since last october due to a weekly or at the same time imports slumped by almost twenty one point five percent domestic demand also fell by three point five percent. the crisis doesn't seem to be economy will subsidies but that would probably only postpone the crisis in turkey. france's budget deficit is set to rise to over three percent of g.d.p. as a result of president amount of the cost promised to boost wages for low income workers he made the pledge following weeks of protests and demonstrations were originally sparked by over a planned she will tax hike in response on scrap the tax and increase the minimum wage by one hundred euros a month total cost of those concessions could be up to fifteen billion euros fuelling concerns of unsustainable debt. meanwhile italy's government has

agreed on the basis of a new budget aimed at avoiding disciplinary action from the european union the country's original spending plans were found to be in breach of e.u. fiscal rules italy's leaders wanted to increase welfare payments cut taxes and reduce the retirement age but the uses those plans will raise the country's deficit beyond acceptable levels details of the revised budget are not yet known. so let's bring in bring in. our financial correspondent from frankfurt only the three percent g.d.p. deficit limit is part of the e used to billets impact what does it mean when a heavyweight like france breaks that route. it's not the best performance that you can think of of course i talked to people in the market today and they said looking at the developments and friends over the past weeks with the laser on the yellow vests it's not surprising that president micro had to make some

concessions but of course it makes the country look bad and the overspending will likely continue i say overspending because it's not just going slightly over that deficit budget deficit level of three percent of overall economic performance of g.d.p. france also has a much higher debt load than it should have and that's also a consideration and so this is not setting a good example for of course everyone else in the eurozone at this critical time in the eurozone while talking about about debt italy it's the euro zone's third largest economy in line with a three percent limit by its overall debt is enormous france and italy beginning to weigh on the euro. they are but the euro as we speak is going up just a tad behind the euro as of course the e.c.b. with all its firing power and while it's stopping buying bonds at the end of this

year and just a few days it will continue to support the market with its other instruments and that's basically propping up the euro but of course there's a heavy mixture there the two biggest just second and third largest countries going against the financial stability rules germany having a hard time for vining leadership at the moment in the e.u. krohn losing his role as a reformer in the e.u. it's a difficult time and it could affect the euro going forward. in frankfurt thank you . going to asia with the corruption scandal surrounding the state fund one and the b. continues to intensify malaysians said on monday it is filed criminal charges against goldman sachs and two of the us banks former employees but the site has been under scrutiny for its role in helping raise six point five billion dollars in three bond offerings for one malaysia development years in giving kickbacks to

malaysian officials in total more almost half of the money is said to have been embezzled from the phone. let's bring it out to hang on the end in singapore and revelation seats two point seven billion dollars and six hundred million in criminal fines that's a lot even for a player like goldman but how big is reputational damage. probably as big as the money that deve being owed really this hits its reputation rather deep in the heart of it this it's malaysia's capital markets and according to the attorney general leaving the culprits if i'm punished will actually i'm doing my nation's financial system as well as the integrity of many asian markets this is also isn't the first time that goldman sachs employees have been slapped on

the wrist in malaysia some form form a fire in my snow pled guilty in the us for bribery charges and his deputy in malaysia was a receipt for. a similar charge. that scandal is mind bogglingly big it's about billions and billions of dollars much of it ended in the coffers of the government and. we've just lost ok. maybe coming back to bed later we're going to our next subject now is china which has a reputation for investing in developing countries especially in infrastructure like rella is roads and while some question beijing's motives locals often welcome the projects but china isn't the only country setting its sights on this kind of foreign investment india is building

a rail line in the himalayan mountains mountain nation of the pole in fact some say china and india are playing a game of monopoly in that whole vying for leverage and influence so one of the done so far well china is building two ports in the country as well as highways roads hydro power plants and a cement factory in the on the other hand has also started investing in the company building hydro power plants and railings and what about nepal it seems to be benefiting from the competition but it's also becoming more dependent on its neighbors to the north of the south. some residents of the nepalese city of john and poor come here every day to check on the progress of the trainline construction project the new railway station is starting to take shape and they're looking forward to the new travel possibilities. you know out of the west and. it costs a lot to travel on the bus. so once the train service starts it will be much

cheaper and more accessible for everyone. and it did a lot of analysis that we got to figure out the newly forged rails cover a distance of thirty four kilometers and connect john a poor in southeastern nippon with jayanagar in the indian state of bihar it's hoped the project will increase business and pilgrimages for years nepalese politicians have been promising to add new train lines across the mountainous country both india and china have been competing to build them. connecting. by trains india has i don't know what they're going down obviously because they have already moved down the tracks and the whole river system is going to function good within a couple of months. read. the chinese plan is still in a blunt way you know you just fill in the map and the people whether india or china

end up winning more influence in a pod ordinary people are hoping they'll benefit from the investment. in hong kong amount of. money was thrown from the top of the building that. the poor. social media. facebook page which promotes digital currency and best. house is on strike today a spokesperson for the trade union says the wall. holds for better pay and conditions have been growing louder. over the past few months and.

christmas deliveries could be delayed as a result. and the business in more news at the top of the. greenhouses for interest on. the markets thanks for your business.

india. how can a country's economy grow and harmony with its people and violent when there are do worse than look at the bigger picture india a country that faces many challenges and whose people are striving to create a sustainable future clever projects from europe and india. next d.w. .

enter the conflict zone with tim sebastian faulks i'll be challenging those in power asking tough questions demanding ourselves. as complex intensify i'll be meeting with keep players on the ground in the sun zones of. cutting through the rhetoric holding the powerful to account fast the conflict zone. conflict zone within sebastian kong d w. k. wow you know this is you know five minutes four minutes. noice has an hour and a beauty. pageant all. the fits in the

pantheon of the great tennis circuit he's won for the ages and. the skull. ten years. starts december twenty second two g.w. . poll welcome to a brand new episode of equal india a sustainability magazine their victory in the spotlight on solutions to some of the most pressing problems affecting the in vibrant run who are coming to you.