on the street our rights are not i'm pretty special. women more changing world. digital. starts march. on t.w. . that's turkey's economy teeters before local elections in march president and other one sets of government controlled markets and blames foreigners for his country's predicament even as he turns to the e.u. for help. also on the show when cars turn into computers on wheels the heads of microsoft and fox fog meet in berlin to talk connected cars. when the plain old luxury yacht just isn't

enough to impress the neighbors the super rich are now turning to i drove for miles . this is the w. business i was in berlin wellcome a high ranking e.u. delegation arrives for talks and accurate today to discuss trade debt and deeper economic cooperation turkey's economy is suffering inflation hovered around twenty percent in january even though the government blames traders for the price hikes energy transport and production costs have dramatically risen after the depreciation of the turkish lira over the summer and now president other one is set up makeshift government markets to sell produce at a lower price. shoppers and door long lines at this large tent in istanbul neighborhood to save money at the government sponsored market itself spinach tomatoes and peppers as well as many other popular products at highly discounted prices took its president richard type of air to ones government has established

dozens of these temporary stalls in turkey's largest cities in a bid to mitigate the effects of soaring food prices that have stung turkish households. do you need to get twenty some not people who live on minimum wage can't go to the neighborhood bazaar or market we go to the market to buy scallions scallions or five lira and in that five the are a bunch of scullions or five pieces when there's no neighborhood bazaar we're forced to buy from the market and the markets see that as an opportunity to abuse people's goodwill these regulated tents have been very good for us. to them that took the old if they need to these discount stalls were quickly set up after everyone promised to cut out sellers and middlemen he accused of increasing prices the move comes just over a month before everyone faces local elections on march thirty first right away prices and an economic downturn could cost his ruling party some key municipal seats in campaign speeches or want to portray the economic downturn as

a foreign plot against the country and has vowed to fight food price hikes in the same way that the country has fought terror groups everyone announce that the government markets will continue to operate until the local elections and he's even threatened to make them permanent following the vote if merchants continue hiking prices. john is a professor of economics at the university of applied sciences and constanza germany good morning because they all say there's a high level e.u. delegation for talks in istanbul today is the even the political will in europe to help out on the economic li. i think it's very important here to distinguish two challenges turkey is facing we have this depth driven financial crisis there to europe is not going to be really able to solve the problems of turkey debts an issue where turkey has to cooperate with the i.m.f. the reason for the european a high level representatives visit is to seen from

a different viewpoint it's a question about the future of turkey's integration into the european economy one need to remember the success of that turkish economy in the last decade was based on a european turkish custom humean but unfortunately discussed in the union is no longer working properly just a short example europe has a free trade agreement now with japan and this will result in a reduction of production facilities of japanese companies in europe they will simply export more from japan and that is also hitting charkhi because japanese companies were producing their own a because the country was very very competitive now that the visit is most likely to tackle this question about how the turkish economy can be linked but i do not really expect a clear statement up to do with it because we have also not only in turkey elections but also in europe and that turkey is a buzzword when it comes to relations between turkey and the e.u.

at the moment my expectation is it's an attempt to normalize the political relationships and hopefully this will pave the way for solutions that the second half of the year will do you think people show that discontent with that one over the economy in the upcoming elections briefly if you can. they come to me is a major issue i me and that the government unfortunately has applied means for the short term just you know pricey things on the market that help for the consumers in the short term but in the long term business is destroyed how can how can the government accept lower prices and the minimum wage increases also destroying increasing unemployment that will play a role i'm i'm sure that people are mature enough now to see that this type of a policy is not helpful in the long run and i don't see that thank you very much for this analysis thank you. could vietnam

be a role model for north korea after the economic rise of the communist country many vietnamese now live in modest prosperity on the fringes of the summit between donald trump and kim yong own some members of the north korean delegation wanted to take a closer look top officials of the north korean entourage visited the vietnamese vinh group on a wednesday the comp number produces everything from cars to smartphones and belongs to the richest man in vietnam. here in germany chancellor angela merkel is seeking a no spy agreement with weiwei that would allow it to bid on five g. licenses in germany according to media reports here the u.s. has been urging allies not to use wow way to acknowledge and critical communications infrastructure the u.s. is against allowing the chinese tech company to play a role in building mobile infrastructure in the country saying chinese law gives beijing the right to force private companies to spy.

digital age most products have had to graduate beyond their original purposes smartphones answers telephones anymore loudspeakers have become things you talk to rather than listen to so can cause remain just swell cars that's what the heads of folks foreign and microsoft discussed in berlin on wednesday how to turn the humble passenger vehicle into a fully connected online platform. cars that don't only drive themselves but also know everything about you folks wagons id model lineup is a signpost for where europe's biggest carmaker wants to go next it's banking on microsoft's cloud computing service and its capabilities in ai and the internet of things to get there already today the car is a huge software product now we have about ten million lines of code in the car which is probably ten times more than the smart phone so if the capabilities today

are very limited that is changing. so much very much a believe that in five years in ten years from now we're probably not going to talk about a tech industry and auto industry or a retail industry it's going to be technology digital technology is going to be. for its part to microsoft is betting big that the computing services needed to turn cars into connectivity hubs will be lucrative both companies leaders have announced they're taking their cooperation in connected cars beyond europe into china in the u.s. key automotive markets that only continue to see big tech and big auto partnering up. in ten to fifteen years all cars will be connected in some way to digital slowed giving and receiving information a good way to think about this is to imagine your car as a data center on wheels or like your smartphone only perhaps a hundred times more powerful according to folks wagon senioritis within twenty

five years all cars on the roads will have this level of interconnectedness that's part of the reason why a volkswagen and microsoft see their digital collaboration as part of volkswagens long term vision for the future of driving but challenges remain familiar issues with connected devices like the dangers of hacking or surveillance could find themselves replicated in the connected car collaborating companies like microsoft in v.w. will have to reassure the motorists of the future that software security keeps pace with advances. in france people have been saying that tesla is not a comic about a software company do car companies really have to change their business models that drastically. yes they do get hard it's not enough anymore to just you know fill the cars safely and cheaply and get it to the customers all of the german car makers mass production car makers are talking about how they are

transforming at the moment into mobility services providers and that includes you know connections from transportation by car to transportation also with other means of transportation and that includes new distribution models like car sharing the problem for the large german automakers is that in parts they have to stick to the old business model they have to make the cars that are sold right now at the moment and they also have to defend their market shares and this is an expensive thing to do keep the old system and transform to the new that's one reason why the shares of the car of the german car makers at the moment are relatively cheap. on a thank you. more than four hundred boats have been sailing into the united arab emirates for the weeklong dubai international boat show from glamorous super yards to catamaran and speed boats even of flying yours

on display this year. one of the main attractions this year is a luxury hydrofoil speedboat by u.a.e. based company and the vessel has been nicknamed the flying yacht so when i say flying yachts what i mean is the entire boat's part is completely out of the water and the foils are the only thing that are in the water and how it works is imagine the wings of an airplane that under the boat's connect it's and then the wings lift the boat out of the water was their wings are still in the water the price tag eight hundred seventy thousand dollars most of the craft here much more sedate but they also make the a not a foil or look affordable. this one hundred twenty foot long vessel is built in italy tailored to individual customer wants it will set the discerning voter back around seventeen million u.s. dollars exhibitors say that yachting is growing in popularity in this oil rich

country a new marina is expected to open in dubai harbor in twenty twenty boasting more than a thousand births it promises to be the biggest in the middle east and north africa the united arab emirates hope to put themselves on the map as a cruising destination for the ultra rich. and that's it for me and the business team here at g.w. there's a lot more business use our backgrounds force of course on our web site w dot com slash business. culture that's up next right after this quick check on global markets.

i'm secure in the fire more that hard and in the end this is a me you are not a lot of the here anymore we will send you back. are you familiar with this. with the smugglers with miles of there being what's your story. and what numbers of women especially are victims of violence in terms of take part

and send us your story your training or with understand this new culture. another villa to another years you want to become a citizen. in for migrants your platform for a little information. hello there and welcome to the latest from arts and culture i'm karen homestead and here is what we're in for on today's program. i'll a hundred and sally's inyati to the mexican director of the oscar winning films birdman and the resident has been named president of this year's cannes film festival jury. spies in the family the personal story of german author duke pounds is the stuff of a new novel and sheds light on how germany's legacy of espionage is still affecting

generations in berlin. and in our series baking bread matters takes his skills to new heights with the austrian kaiser roll. so that was looking good but we're starting with some exciting news on the festival front and i'm joined by my colleague scott ross for our film expert scott can has just announced a new jury president for this coming may so tell us about it yeah i was going to be you four time oscar winning director of one of everything of babel birdman of the revenue at the level you're going to feel phenomenal phenomenal director and i think it's a huge coup for chan and i think this is in my opinion the best director working today and it's kind of nice well because it's sort of a homecoming for a new veto because his very first film or.