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tv   Business - News  Deutsche Welle  January 9, 2019 2:15pm-2:31pm CET

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penicillin from our business desk will be here with that story and much more you are watching dude on the news from berlin i'll be back at the top of the next hour with another full news bulletin of course and get all the latest news information around the clock on our web site it's a t w dot com thanks for being with us. where is home. when your family is scattered across the globe. that's not the case if you did listen to it because it's a journey back to the roots to get the mind of. the shah's family from somalia live around the world. want to come i did mention to systems. global family starts january twenty third t.w. . take football personally i went with the wonderful people and
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stories that make the game so special. for all true fans oh my god. because more than football online. thousands of factory workers in bangladesh take to the streets for another day at protests against pay discrimination violent we look at how desperate their case is . a stark warning today from the world bank it says a storm is brewing for the global economy. and a man's home is his castle but that sales pitch has gone down well in this turkish coast town. i've been physical and let's do business
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working in bangladesh's garment sector is dangerous and it pays a pittance the government recently increased the minimum wage but it's only a small raise and you can say some factory owners aren't even passing that on to workers that's why they're demonstrating for the fourth day running. 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 apparently 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
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a month the striking 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. do you know you sanjay foreman works for al bangali service sanjay why has this wage battle erupted into violence well you have to look at the first leader perspective in two thousand eighteen agreed piece to restructure was introduced for the first time so the workers would receive wages according to their position experience etc so got into this structure a worker in seventh grade would go to it on eight thousand talk as we heard in the report last increase was in two thousand and thirteen which was five thousand three hundred talk on from there it looks like a big increase but still it's not good enough for most of the workers in one of
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these right now and to make matters worse was there are claims that it is haven't even passed that wage hike on to some what is it is that is that truth to those claims well that's the allegation which is coming from the workers very much it's not just the actual hike that they think is insufficient the workers are accusing the owners of manipulation that is while increasing the reach of the owners drawing other loans so the workers will get less money in hand at them so it's part of the amount not being big enough and other not a hunter getting less money at the end which is of course not acceptable to them and let me point out to viewers export earnings from the sector was thirty billion dollars a year to bangladesh surely those others have more than just a bit of wiggle room. yeah actually the owners are indeed dependent on the walkers and the walkers are also right of the deadlines and credibility of trouble if there's no export of the order style then everybody will suffer so this is a mechanism which has been driving the sector in spite of all the troubles and
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there's not been any stop on the other problem so even this time we take that there's a discussion. which will set up the city for about one month a tell number panel which will look into this problems and after a little come up with another increase but whether that would satisfy the workers or not that's not quite easy. to do because of course is that. one thing i just wanted to point out sorry besides pay what about conditions is the sector any safer to work in considering the disasters of the past no i mean we all know about the deadly run up as a disaster ever so many people lost their lives and i myself have visited one or two factories recently and a few years back a few years back and one can see there are some factories which are really open to foreign visitors ministers and they look quite ok and even if there's a problem they can leave the house but the big factories are located very close to the city center in
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a very congested area they don't look really even if you go yourself you realize that if there's a problem they start it is no easy way out so the safety standards are not yet actually up to the mark and it has been sheer luck according to most of the people that nothing bigger has taken place in the recent past and they also equipment like boilers and other hazardous chemicals and other things which are kept in those same buildings which would create a big problem and fire and and since there's no proper five executor in many of the factories that may be another disaster i mean it's just a matter of time when the next is us to step forward saying it's not good to his angie bowman thank you very much for your analysis first then. thank you well as skies over the global economy at docketing the latest assessment of the world bank in its annual report the bank has downgraded its outlook for this year it cites rising trade tensions weakening that affect training and growing financial stress
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in emerging markets the bank now says it expects the economy to grow by only two point nine percent marginally down from the three percent it will cost back in june and some perspective on this from frankfurt sounds more like a dimming of the economic outlook to me not a docketing what do you reckon yeah there's hardly a difference to us if we hear three percent ok that was two thousand and eighteen and now in two thousand and nineteen two point nine percent so what but of course the threatening crises the storms that the world bank is talking about that's what is behind that scenario behind that picture and if there is a stall in the trade talks between china and the united states and unpleasant outcome a trade war perhaps emanating for that or a no deal back so that then you have
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a whole different situation then two point nine percent will seem like the glorious past and unreachable in two thousand and nineteen a lot of people are thinking that and of course the world bank has no way of knowing whether the risks will set in there are talks ongoing parliament in britain hasn't voted yet but these are risks that are having people in the markets keep on the edge of their seats at the beginning of this year tell us briefly also about europe's economic engine how glorious things here in germany. they're also declining the exports still seem on their way through a record year two thousand and eighteen the federal statistics office said but already the latest number that comes from november is down and so are numbers for production and for incoming orders for factories but there is still a lot of silver linings if you look at individual situations companies timer for example the luxury car maker with mercedes brand making the eighth record
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year in a row in sales and this in these difficult times and china which we just talked about as a risk already seeing the trade tensions are taking effect but china strong demand there mercedes says in that result. frank that thank you now have a thought about what it would be like to live in a costal the lua fades a little when you find out that all of your neighbors get one too let me take you to north western turkey about halfway between east and bill and the capital and correct it's a forested area dominated by agriculture it's where the city of new is located the booming economy as a spy is local invested to plough millions into a development to attract big spenders and it's empty the dream consuls have turned
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into a real life real estate nightmare. 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 fairytale 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. a turkish developer spent over one hundred million dollars building homes for arab customers. who see them as 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. these be of them was
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a sort of the while the outcome is certainly a matter of taste the economic situation in turkey is clearly bad the economy is retracting dilli rough falling few people here are willing to spend up to five hundred thousand dollars for a villa. that puts measure yeah dylan in a bind his satellite group is seeking bankruptcy protection he says local factors are to blame the. will position in the murchison there which this project is 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 was the appeal to bus nurses was. indeed many here don't like the castles. we don't want these properties here we don't want those houses decided to be sold
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to foreigners. it seems the foreigners 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. what to do with all those castles nice to business with the.
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moved. much fun to me. it's haulage she just means seventy five feet. together with a span of lips that made me. happy that.
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both gold. scum about how she. starts german researching on t.w. . i'm not laughing at that i just sometimes. but i stand up and with that. thanks deep into the german culture of looking at stereotypes aquatics anyone think the future of the country that i'm not. yet. prepared for this drama they are to me it's all about ok. i might go join me to meet the german funded happy post. india. how can a country's economy grow and harmony to fix people and plant. when there are do
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worse look at the bigger picture. india a country that faces many challenges and people are striving to create a sustainable future. clever projects from europe and. eco india on t.w. . are they are welcome to your daily dose of european lifestyle and culture. let's take a look at what's coming up. living legend led zeppelin guitarist jimmy page turns seventy five. sound sculpture. these mechanical music machinery goes on over.

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