quantas council a large eighty eighty order raising more questions over the future of the world's biggest jetliner. and me on last opium poppies keep bringing in cash despite the government's crackdown on drugs. hello and welcome to d w business asia i want to get jones in berlin good to have you with us so we're starting with india where the country's reserve bank surprised everyone by cutting its key interest rates down twenty five basis points to six point two percent the move is seen as a bit to bolster up india's flailing economy and today's rate cut is also welcome news for prime minister narendra modi his government wants to boost lending and lift growth as it faces elections in may the indian finance ministry is believed to have been putting pressure on the reserve bank of india to make a cut this is the first time the r.b.i.

has done so in seventeen months the rate the r.b.i. lends to commercial banks is going down by point two five percentage points to six point two five percent it's intended to boost economic activity and the bank is now forecasting a slight to pick up in growth in india between this year and next the decrease has surprised the majority of analysts and investors the bank raised rates twice last year but this latest move comes just two months after its new head considered an ally to run for modi was appointed to be seen as good news for borrowers but would do nothing to settle fears about inflation. down for more let's bring in new poor to she is a writer for the indian finance news website quartz and she joins us by good to have you with us. first of all i mean why the rate cuts now or is it only linked to

the upcoming election. well not really. sure of course the narendra modi government is going to be very happy with this decision considering then we asking for a rate cut for a long time but this was kind of long overdue it's it's it's coming after seventeen months the last rate cut it happened in august twenty seventh of one of the most important reasons for the street guard is actually that a war rate of inflation inflation is one of the t.d. to the design of bank of india looks as far as it can decisions on the policy of it is concerned the inclusion of dissembled came in at only two point two percent which is really lower than the inflation target that the r.b.a. had set aside r.b.i. as a thousand percent plus or minus two percent inflation considering there are very within the dot get it probably give the r.b.i. there's room to treat still a lot of liquid are ok sorry rather muted yet continue continue i thought you were

finished also the untruth has been rather muted and therefore is and therefore and therefore is no our reality cuts the rates then it's expected that the norms are going to pick up and which is going to also boost the economy interestingly apart from this the already has also changed its stance to neutral from calibrated what this means is that today's was not the only really got to see even for the read cuts in the coming months ok but overall good news i can tell you've been listening to the policy announcement just very briefly is there anything in particular that is worrying the bank. yes indeed as far as the global group is concerned that often goes out concerning the results bank of india there for instance how the crude rates are going to be here how the breaks it is going to play out the bounce back of the us economy there are also

some trade concerns all of these are going to be important factors of the reserve bank of india is going to be watching out for even on the domestic front there are some concerns for instance exports and imports have remained rather flat of foreign football for investors have been pulling out so all in all these are some of the factors of the reserve bank of india is going to look at the next want to see the show so no smooth sailing for india and its reserve bank just yet there righto for the finance news website quartz joining us in mumbai thank you. for hundreds and forty five million dollars that is the price tag for an a three eighty aircraft from air bus great money if you can get it well the super jumbo is actually turning into a terrible expensive shelf the australian airline quantize just withdrew its order for eight of the passenger jets and that is almost four billion u.s. dollars less on the european aircraft manufacturers bank accounts perhaps it's time

to scrap the a three eighty. it's the largest passenger plane in the world the a three eighty is the pride and joy of the european aircraft group airbus but as orders for the a three eighty kept plummeting the group was forced to reduce annual production from thirty to just eight aircraft this year and those eight have yet to be delivered. quantas dropping the planes represents a four billion u.s. dollars loss for the european aircraft manufacturer and it's raised doubts about the future of the a three eighty itself the australian airline ordered the jets in two thousand and six but since then they've switched to lighter more fuel efficient passenger jets a worldwide trend the a three eighty is too heavy and uses too much jet fuel which wouldn't be as much of a problem if fuel prices had gone down but instead they've almost doubled since twenty sixteen so it's not surprising that another major air bus customer is taking

off to the dubai airline emirates allegedly wants to cancel its existing orders for fifty three units at least in part that could mean the end of the world's largest passenger aircraft. myanmar is the second biggest source of opium in the world after afghanistan with shan state its main production up the government programs on police crackdowns the population keeps returning to harvesting the lucrative opium crop is used to produce the heroin feeding the demand for the drug from around the world. fields of purple opium poppies stretch across the pastures and peaks of mountainous eastern nehemiah. many farmers there are reluctant to give up the profitable cash crop in spite of government incentives to do so. this is hopeful just a few dozen kilometers from tourist hot spot in lake each day men and women from the surrounding villages home to the pa and other shan ethnic minority groups

flocked to the fields of the illegal flour. they harvest it's addictive sound into cans that can fetch up to one hundred dollars each sums that far exceed the profits possible from other produce for many farmers among myanmar's poorest people their crop choice simply comes down to money and the drugs police destroyed more than fifteen hundred acres of poppy fields in the whole palm last year but many farmers are returning to harvesting opium after finding out the switch to other crops failed to make them the same returns. the german economy is losing steam and the e.u. shockley slashed its euro zone growth forecast for twenty nineteen as a result of the unexpected slowdown in europe's economic powerhouse the association of german chambers of industry has a sliced it's gross will cost one twenty nine thousand and half two won't point nine percent that's a worry for the e.u. who now expects eurozone growth off one point three percent this year as

a big cut from the one point nine percent predicted in november. let's bring in our financial market correspondent it's in frankfurt how what's slowing europe's strongest economy down. it's what slowing the entire european country coming down in what has the u. commission most worried and that's the fight of two world leaders over economic power the us china trade conflict ripple effects that we're seeing here and that has hit germany especially hard because it's a nation of export exports and very much depends on these exports and the chinese economy seems to be slowing down a lot more than was previously expected now these are forecasts but what we already see is that industrial output in germany has gone down in the past four months we've also seen a slowdown in car production and how worry is this slowdown for the eurozone.

well germany isn't doing so bad is it still growing but in other areas it might be a little more trouble italy is supposed to grow only point two percent and it just at the end of last year managed to get its deficit figured it's a budget figured out with the e.u. assuming however a strong solid growth now it's in a technical recession that means for the past two quarters the economy has been shrinking and this isn't a good forecast that might mean more trouble for the tying economy you know at pakistan but it's in front of thank you. turning to the dotted states now where presidents don't have to trump has named treasury department official david malpass he's paykel as his pick to lead the world bank mile plus has been a longtime critic of the bank which focuses on global poverty trump said the world bank should quote defend american values. trump's announcement of longtime

treasury official david malpass as his world bank pick on wednesday was widely expected because america is the largest contributor to the world bank giving it over one billion dollars every year my administration has made it a top priority to ensure that u.s. taxpayers dollars are spent effectively and wisely serve american interests and defend american values david has been a strong advocate for accountability at the world bank for a long time. the decision to choose mouth parts is being interpreted as a sign the trumpet ministration wants to rein in the financial institution. has been a consistent critic of the world bank and he is expected to try and reduce its role . it is a longstanding convention for the u.s. president to nominate the head of the world bank it is not yet clear if other countries will propose alternatives to challenge my pass. japan softbank

group has posted record net profits for the first three quarters of the financial year the company's fortunes have been driven by investment in several tech firms c.e.o. masayoshi song told reporters he plans to pour yet more money into artificial intelligence the group's net profits reached a fourteen billion dollars over the first nine months that is up fifty one percent so on the same period last year. when a little bit of us. that is business asia here on d w thanks for watching and stay tuned for the w. news coming up next.

after. organized crime in the nursing profession. some nurses from bosnia are highly skilled so they have a good reputation throughout europe. but now all the nurses have been hit by a fraud scandal. fake nursing school diplomas are being sold on the black market and it's impossible to sort of forgeries from the real thing. in thirty minutes on w. . much of it difficult. to link africa and the world or link to exceptional stories and discussions from the news of these events and what i

would say deputed comes much tougher to come join us on facebook that g.w. africa. crimes fists against humanity. civilians three come witness six of. their recorded which is travel around the globe social media. but what is propaganda fiction and what is fact digital investigators combed through the flood of images they combine sources to try to reconstruct what happened and substantiate claims of crimes. in this video recording of the soldiers who shot the young man is on trial now for forensics between bits and parts. they. believe. anything getting. to be chance because justice is about the truth. truth detectives said. it's february fifteenth

on t.w. . this is you know we newsline from berlin adroitly pushed pushes back at us pressure over relations with russia just my uncle america plays down criticism of germany's and north stream to gas pipelines u.s. diplomats have slammed it saying that by even more gas from russia or undermine european security also coming up britain and the european union greeter fresh talks about their relationship after brics it but european commission she for some

closure her again rules out any tinkering twittering.