for you at the top of the hour of coming up in just a moment we've got christophe with business lots of stories there and don't forget you can get all the latest news and information around the clock on our website that's a t w dot com thanks for being with us. and this woman. how do you want to live in a radical way discover the bauhaus code house world church january thirteenth on t.w. . where is home. when your family is scattered across the globe. that's not the case is that you could do is leave

because it's a journey back to the roots of true governmental might be. the shah's family from somalia who surrounded. them want to go to urgent assistance. global family starts january twenty third on w. a stark warning from the world bank the global lender says a storm is brewing for the world economy we'll find out what's in its new report also on the program tensions boil over in bangladesh where police fired tear gas and rubber bullets at garment workers as they strike for higher wages and better working conditions and they say a man's whole business castle but that's a sales pitch that evidently didn't go down well in this turkish ghost town.

i'm krista kober welcome to the program the global economy is facing darkening skies that's the assessment of the world bank and its latest report the bank downgraded its outlook for the global economy this year it cited rising tensions weakening manufacturing activity and growing financial stress in emerging markets the world bank now says that it expects the global economy to grow by two point nine percent and twenty nine thousand that is marginally down from the three percent forecast back in june. look as issue let's bring in your came out he's the chief economist at germany's welcome to the program two point nine percent of global economic growth still sounds pretty solid what's the issue here. it was two point nine percent it's not bad the long term average is about three percent and there was that down by me all point one percent

as mentioned by you before but i think beyond these these figures you have to keep in mind that there is a global downswing in the manufacturing sector when you look at the purchasing manager in d.c.'s in germany in the eurozone in the us in china everywhere it's down and i think this is not fully reflected in this very moderate decline in the global growth outlook so that's the darkening skies that the world bank is talking about talking about. expect the i think the disappointment from the data fraud and this is that darkening sky but this is not fully reflected in the downward revision by the i.m.f. however when you look at private sector economists you see across the board visions in germany in the u.s. saw u.s. china speak about the economic data from the economic data in germany has also come

in weaker than expected in recent times amid today's world bank warnings what are your projections for europe's biggest economy. we graded our forecast in late november to a mere one point two percent for two thousand and nineteen growth in germany this means this would not be an outright recession i do not expect the recession however is sylvia downswing cv a slowdown in economic growth this has nothing to do with domestic demand domestic demand in germany is very strong however we have been observing over the past twelve months declining growth rate from. out of china for drop in goods and this is the main factor that means less demand from china is a main factor demp in growth in germany. came up the chief economist at comerica

bank thank you for your thoughts. thank you for your striking workers have hit the streets of the bag in additional capital dhaka for the fourth day running there protesting conditions in the country's garment sector now prime minister shaikh seanie who was reelected at the end of last year has raised the minimum monthly wage by over fifty percent in the country's largest industry but the people working there say that's not nearly enough. police fired rubber bullets and tear gas into crowds of demonstrators on the streets of dhaka and some of them fought back with stones over fifty protesters are reported to have been injured in the exchanges so far along with twelve policeman. the garment industry plays a key role in the asian country bangladesh is the second largest manufacturer of clothing globally and its factories supply some of the world's largest retailers although the industry has turned the nation into

a major exporter the benefits haven't trickled down much the minimum wage is still just eight thousand taka around ninety five dollars a month the strike on protesters want more. and we are demanding twice that sixteen thousand taka. the basic monthly income has to be ten thousand taka and salaries have to be sixteen thousand the authorities are giving us nothing. unions have warned that the strikes may spread to other cities the protests are expected to continue. well let's get more of the story with sons of berman he is with the w.'s bangali service under these workers have a point claiming the increase in wages is insufficient. of course they have a very strong point because if you look at the standard of living in bangladesh things are quite expensive and they do deserve the rice of course that is known but the whole situation seems to be very complex because you have tea parties in this

old problem you have the government you have the walkers and you have the owners of actually owners of course and the factory owners are also affiliated to different political parties and everybody has been waiting for the elections for reading all believe came back with a huge mandate and always the time when they chose to of course press for that months and. the representatives of workers are also divided in party lines and within those party lines also in smaller groups so nobody seems to have control over their respective lines and that is also causing a quite a lot of countless right now obvious you can see on the streets in dakar and. now speaking of this violence that we witnessed there the garment industry is one of the biggest economic sectors in bangladesh at this violence against members of this extremely important segment of the economy seems just a bad idea doesn't it. yeah well it's a kind of a fall out of

a much bigger problem of course the government and representatives of the workers as well as the owners they have been in dialogue right your city on tuesday two of the ministers and the governor have talked to all the parties and there's a twelve member panel which is form which is supposed to look into the demands and talk to the risperdal the parties in the next one month and come up with a solution however there's a that the owners have been manipulating that the numbers like they are they're very they're ready to offer more money on the other hand they're also enjoying some of the losses which they're getting rid the fact that workers are getting less money or very little extra money raised their getting so this whole thing is a bit complex right now because of the different political affiliations and fragmentation of the workers and altogether this is creating a problem on the street and some of this for people who are educating on the street not relevant under control of the representative so this is creating more cows and

this can go out of hand so just briefly at this is the fourth day of protests and you say it is a complicated situation any sign of a compromise here. well as i just said the government has to come together as all the parties and there is a promising that there are problems they must be looked into but key question here is of course to control the crowd on the ground and whether they are acting also or backing on their own is a different station over all diseases that is coming out through their action or they are also being manipulated by some of the opposition parties or candidates who have themselves to themselves are a little bit frustrated because of the because they lost in the elections so there are so many different parties and clashing over the government sector the. interest of the government workers may not be taken care of in this situation sons of burma bengali service thank you. to turkey now where after

a long period of strong growth of the country's economy is weakening galloping inflation is posing a huge challenge to consumers and companies and the housing sector is particularly hard hit the country's building boom used to be a major driver of economic growth but now projects that once may have been considered bold just seem oddly out of place take a look. it's a touch of disneyland deep in the rule province of bull in northwestern turkey hundreds of little castles in fact luxury houses with pointy towers and fairy tale charm if it wasn't for the barbed wire and the fact that they're all empty and just aren't selling situated halfway between istanbul and ankara the region is popular with tourists who like hiking in the vast forests here the turkish developer spent over one hundred million dollars building homes for arab customers . producer that i'm is an. inspiration for the project came from our work in kuwait

and the gulf countries we talked with our customers there and came up with more than one design based on their demands the choice in the end was for a design like this. is build them for the project up to. while the outcome is certainly a matter of taste the economic situation in turkey is clearly bad economy is retracting falling few people here willing to spend up to five hundred thousand dollars for a villa. that puts measure in a bind his group is seeking bankruptcy protection he says local factors are to blame. that would. three kilometers from the city center in an area that's not suitable for agriculture but despite obtaining all the approvals and permission for this project we've seen a lot of bad press that has pitted the locals against us for those any of them.

and the many here don't like the castles. we don't want these properties here we don't want those houses deciding to be sold to foreigners. it seems the foreign office won't be coming after all for years the housing market in turkey was strong now it seems too many homes have been built hard times for the construction sector adding to the region's economic woes. that's a show. between

two extremes mostly college clueless living in to explore the bad things and learn to still it's true certainly is highest mountain and until of course. she's taking a brand new cable company that soon expects a summit and descending into the gulf would. experience something very in the winter magic with genuine inside is. on.

trust but verify a cardinal rule of business upon supervisory board. in the eurozone. in the fight against corruption tax evasion and data theft. how important are checks and balances to a functioning economy. made in germany in sixty minutes on d w. how to. discover your concept discover with obama close. schools. much of which after one hundred years the ideals of the body house are more relevant today than they were. to go fishing or

ships to come to ballgames people sign is a way of shaping society. with ideas for. the most small part documentary starts january thirteenth. w. .