it opens this should the opposition parties all united against or bond as they want to keep this momentum alive. it's freezing way below zero the protesters here are determined to fight in the streets beyond christmas the big question is how many people who support this new way from off resistance. to fish are reporting and that brings us to the end of this edition of the dollar news the mylar rock n roll and. up next with your business headlines. and then. here. you know this zero five minutes four minutes. past

our beauty. pageant. the face in the pantheon of the great tennis certainly he's one for the ages. but the fuck. scott turner for the ages starts december twenty second on t.w. . believe. it's the set effects at these sites if u.s. federal reserve hikes its key interest rate and sending markets in asia and europe tanking two yellows it's the fourth hike this yeah i've had looks like this more to come next year. since poverty incomes in russia. rising says vladimir

putin at his annual press conference boss this positive trend has a long way to go to reach every russian household. this is the new business berlin welcome well that's what the markets fell sharply on thursday after comments by the us federal reserve about future interest rate increases the fed announced before interest rates a rate hike this year and said it expected two more increases next year markets were despondent to tokyo the nikkei plunged almost three percent to fifteen months low and that investor concerns about the pace of u.s. monetary tightening equities in shanghai london frankfurt and new york also slumped now let's bring in our financial correspondent ali botts at frankfurt stock exchange that rate hike that was widely expected should have been should have been priced in by the markets. it should have been priced in and i think it was i think

what the market reacted to was the wording used by chairman jerome powell looking into the future he sounded surprisingly confident about the fate of the u.s. economy and that of course suggests that the u.s. central central bank will not hold back with further interest rate hikes next year that was something i think people were hoping to hear somehow and that's what brought the market under pressure but the person i talked to a capital market strategist said the fed can raise rates next year because the u.s. economy is in pretty good shape considering all things well it kind of back to germany there's been some news on a bunch of unease because land of course it's bad news one has to say what is it this time. yeah and it's brought the bank share down to a new all time low just over seven euro's we don't know for sure it's the door to your bank we don't know the other banks involved either but the e.u. commission says that it's investigating against four banks for fixing manipulating

prices on the dollar denominated bonds and the deutsche bank did respond to the news and said it's working cool proactively with the commission together and doesn't expect to find so perhaps it was the whistleblower in this case avoiding billion euro fines but still with a new scandal. a christmas present for georgia investors that thank you very much in frankfurt. russia's president vladimir putin faced the world media today is annual press conference comes at a time when his approval ratings are at historic lows after a popular pension reform social justice is an increasingly sore spot for many of russia who insists the russian economy is doing well incomes are rising let's listen to what he said. we are registering a slight and yet positive trend towards the growth of real income and the growth is going to be around point five percent i do hope this trend is going to persist

because the real wages are growing. over the first months of this year it was seven point four percent it's going to be seven percent by the end of the year. i mean put in speaking then though the russian president claims real incomes are rising across russia the standard of living has been dropping consistently one politician that decided to try and live off the money many retired people actually receive his experiments sparked a national debate will his campaign really help russians living in poverty the w.'s moscow correspondent emily sherman went to the city of start off to find out. with a disease that. is on a political diet for a whole month now the parliamentarian from south of has based his food budget on a local pensioners living wage spending just three thousand five hundred roubles or around forty six euros to eat. the communist party politician only buys the bare

basics and says he's been hungry all month. i want to prove that living on three thousand five hundred roubles a month is impossible without a negative effect on your health and shoot. some like use the politician of populism others here at south of market. pushing to double the living wage in russia his campaign has gotten a huge amount of media attention along with the us a russian federal t.v. crew is also filming him preparing his rations. but to bum that ankle this is more than just p.r. and bigger than his health. i don't think that a month on this diet is enough to seriously damage a normal person's health in the long run of course i have worried about my health but what i see across the country scares me much more. as documented the experiment on his video blog and also shows the debate that kicked it all off the top of slavery minister and. insisted the living wage is

enough to guarantee a balanced diet she was fired over the remarks in bonn during because argument has grown into a national debate even on state television. but the government including that's new interim minister for labor says the living wage will stay the same for now. a living wage is to substantiate it's based on statistical calculations and on the law of course we are striving to improve our approach in order to work out new more effective methods for calculating the living wage that work has begun and should be finished in two thousand and twenty. experiment has struck a chord beyond south of across russia the standard of living has been dropping consistently the government has made having poverty a goal for the next six years currently every eighth person lives under the poverty line which means they are in less than the living wage but abducted prices are going up prices for bread and milk are going up that the existence minimum is still

tiny. i can hardly survive. and only buy the cheapest products on three thousand five hundred you can exist on them but not live. at his office at the dew money. phone has hardly stopped ringing the communist politician is convinced his words about the living wage will be heard on a national level the only thing the government can control is the solidarity that unites us that the government would rather lose a finger than a hole here. thank you is now preparing to take a draft bill to the russian duma he wants his voice to be heard beyond the hallways of the local parliament. and also attended president putin's first conference and i spoke right after it. was right when stating that real incomes in russia were in fact. specific fact also

surprised me i've just read in media reports quoting russia's statistics agency that actually this month real wages have been going down and that that attendance at. fact is probably like to continue in december as well this will be the fifth year if so real wages have been going down and of course has been putting a rather positive spin on the economy here today he was talking about low unemployment rates a longer or longer lives that people are living here but the fact is that the economy here is in stagnation prices are going up and that's not likely to change soon as russia is going to hike up the a t v. eighteen to twenty percent in january so the economy seems to be one of the main worries for people here and that's likely to continue he spoke a lot about you know the. russian living conditions for the poor quality and all

that is he on the pressure of people fed up with. well i think that when it comes to the economy putin is absolutely under pressure his popularity ratings have gone down as of the summer particularly when the russian government passed a rather unpopular pension reform raising the pension age and also when they passed this via the eighty hike that. it's just talking about and that really has hit putin's ratings and i think you can kind of sense that talking to people across the country just after the pensions reform i spoke to someone who said to me look the government and putin as well they don't live here they drive around in their black cars but they don't know how people really on the streets here live and i think that's why the focus today was so much on the economy putin spoke several times about social justice he keeps kept referring back to that and kept talking about

how everything that the russian government is doing is in order to improve people's standards of living and people's lives across the country. and really sure when in moscow thank you. big tobacco staking a big bet on the east cigarette markets group the maker of marlboro cigarettes is paying twelve point eight billion dollars to acquire a thirty five percent stake in jewel san francisco bay is jewel has expanded rapidly over the past three years to become the u.s. market leader in east cigarettes the best buy will give jewel improved distribution and convenience stores and other traditional retail channels also adjusting to the changing market rates of the us decline and more and more smokers are switching to the secrets. of. research as in scotland have tested collectible scotch whisky for their real age and found that folks investigators use carbon

dating technology to sample fifty five bottles of scotch bought on the secondary market they discovered twenty one of them were outright forgeries or at least not distilled the year declared they looked at minute levels of carbon absorbed during the making of whiskey to determine its collectors see red or salacious and as good investments in october a bottle from vine hundred twenty six was auctioned off for a record one million dollars. that's all you a business here on the d. w. stay tuned for eco africa that's up next it's all good i'll be used just off to the smoke of the world markets at this hour as washington does your business but.

i believe upstream against hopelessness and the destruction of nature in one of cape town's forests or someone came in from parts of this to allow a little bit more lives to know. this can doing club gets youngsters

on the streets interested in environmental protection be going to africa next d w. war for. the natural richardson. precious resources. and a rewarding investment. of farmland has been called ethiopia's green gold. the country has an abundant supply and leases it to international preferred giants government to hike export revenues and the russians high profit margin. but not everyone benefits from the booming business. with you know when i saw the bulldozers clearing the land i was devastated give me how could they bulldoze the land without my permission in the way they knew it belonged to me.

expropriations environmental destruction starvation. the price for government and corporate greed. the sewing out of the country. that donkeys fear no high enough. starts december twenty ninth on t w. i welcome to new edition of equal doco full of environmental stories and ideas from africa and you wrote today will discover what it means to.