the world bank also says global growth will only come in at about 2.4%, a downward revision of predictions from last summer. the washington-space -- based lender says there is a growing gap between high-income and developing countries and developing countries remain the motors for global economic progress. the german economy is in for a slow year according to the latest official forecast. angela merkel's government says the economy will grow by just 0.4% in 2013. that is less than half its previous forecast. >> and it is the latest in a bit disappointing news because data released on tuesday showed that the german economy contracted sharply in the last quarter, but the government insists it is still upbeat about the future. >> germany's economics minister has plenty of reasons to be happy with the country's business climate. unemployment figures remain in check, and the economy is growing, a claim not year of -- not many european nations can make these days. last year, german gdp expanded 5.8%. the economics ministry is expecting growth of only 0.4%, but government analysts predict 2014 wi

the world bank also says global growth will only come in at about 2.4%, a downward revision of predictions from last summer. the washington-space -- based lender says there is a growing gap between high-income and developing countries and developing countries remain the motors for global economic progress. the german economy is in for a slow year according to the latest official forecast. angela merkel's government says the economy will grow by just 0.4% in 2013. that is less than half its previous forecast. >> and it is the latest in a bit disappointing news because data released on tuesday showed that the german economy contracted sharply in the last quarter, but the government insists it is still upbeat about the future. >> germany's economics minister has plenty of reasons to be happy with the country's business climate. unemployment figures remain in check, and the economy is growing, a claim not year of -- not many european nations can make these days. last year, german gdp expanded 5.8%. the economics ministry is expecting growth of only 0.4%, but government analysts predict 2014 wi

myanmar owed about $400 million to the world bank. the debt had to be cleared before loans could resume. the japan bank for international cooperation, a government affiliate, provided a bridge loan. japan also helped clear myanmar's overdue debt to the asian development bank which has also decided to restart loans. the bank's decisions are expected to trigger more foreign investment. many japanese businesses are setting up branches in myanmar as it democratizes and opens up its market. >>> nissan motor has agreed with daimler and ford to build a control system for fuel cell vehicles. the flee automakers have just announced a deal. the companies plan to join hands in developing the control system and other key components. they're also hoping to produce their own fuel cell vehicles and put them on the market in about four years. until now, nissan has been jointly developing fuel cell vehicles with daimler while the german automaker has teamed up with ford to develop fuel cells. fuel cell vehicles are expected to become one of the next ge

countries like rwanda have been ranked number 1 by the world bank as the most improved. then the closed by telling you this. 90% of the world's population live in the emerging markets. they want to see improvements in their livelihoods. their success is no longer hits to the global economy as a whole. there will be issues. i do think it will be bumpy. a number of countries are pivoting towards china. thank you very much. >> we have to talk about china. you cite this story about capital labor and productivity. you could say that about the bricks. they were slowed dramatically. >> there is a clear delineation from the advanced emerging countries and these emerging countries. it is how integrated the bricks are and how much exposure that have. it is dependent on the united states and europe. let me pick my own continent, africa. less than 2% of foreign investments. i think there will be a lot of domestic demand. look at how things are trading in the local markets rather than being into credit to the west. >> it doesn't depend on commodity prices? >> it is not entirely the ca

. >> director of operations at the world bank. i like your comment that economic prosperity is probably the most important aspect of the transition. we are speaking about long-term schemes. in rehabilitation of countries, the world bank has taken a lead, oftentimes, in countries in latin america, eastern europe, and many others, and even in pakistan. short-term schemes will development. social development schemes have been put into action which have a lead time for results which are very much shorter than you talk about. to what extent, in afghanistan, have those kinds of schemes and applied? to my mind, in addition to the parallel track with the long schemes, we need shorter schemes, which addresses some of the other concerns about security. wherever there is poverty and lack of opportunity, that is an opening for the taliban to show their bid. to what extent is afghanistan focusing on short-term development schemes? >> that is a very good point. as you know, when you implement large-scale infrastructure projects, there is no com

raised concerns about its safety over in europe shares were struggling for direction after the world bank cut its forecast for global growth to foot sea finished the day a quarter percent down the dax managed to actually stay above the line and of the currencies the euro we came to the dollar and here as you seeing the russian ruble finished the day mixed to the currency basket and here in moscow equities traded in sympathy with the global markets r.t.s. and day down about a third of a percent the my six finished the trading session also down. and with a less than a week to the start of the world economic forum and down both russia has gathered its own bright minds and power brokers to discuss the ever changing global economy and of course russia's place in it that's on the political over brings us the latest from the gaidar form and moscow. russia of course one week of privatization and the global integration or the main points and we trim a bit of speech here at the gaidar forum one of the key speakers the head of the world bank's development prospects on the market says hey skeptic but

and we trim a bit of speech here at the gaidar forum one of the keys speakers the head of the world bank's development prospects on the market says hey skeptic but the prime minister's message to subjects that struck me most was still was increased openness to the wills the prime minister emphasized that a lot of his speech when he talked about the regional polarization in the media he said that it's not just chile for yourselves but it has to be an open call regime and alternately you want to integrate also more with europe want to integrate this because the pacific and you want to be come far the field should be what will the growth come from before cost of global growth since just a both two percent. apart from the crisis year two thousand and nine the lowest in ten years has a lot to do just a problem still in your high income countries continue to low growth in europe we actually for see another contraction next next year there was disappointment in the united states especially in the sewage water the construction of investments are very much linked to the i'm sure the situation aroun

and world bank are used as tools for the economic hitman to go in and keep these debts going with these countries what entities you just said that it's not it's not the united states it's the corporate control it's the corporate empire what entities are involved in this operation i mean are we just talk about corporations facilitating these deals are they working in concert with governments i think we've come to a point in history where corporations really control the governments right and we know that nobody gets elected to a major position in the united states without huge corporate support and then they basically become servants to the corporations it isn't their fault it is no obama's fault that he now has to bring in people who are very firmly to corporations to to to watchdog those very corporations he wouldn't be president he didn't do that so really today we've gone from a point where two hundred three hundred years ago religious organizations call the shots around the world to ones where governments call the shots for some time and now it's the corporations that are calling the

according to the latest report in the world bank, carbon emissions are the highest in 15 years. the plant could warm by more than 7 degrees fahrenheit, unknown event in human experience. some of you will be around for that. i won't. california is extremely vulnerable because of our mediterranean climate and reliance on snow pack for so much of our water supply. tipping points can be reached before we know we've passed them. there's a different kind of challenge than we ever faced, requiring to act now even though the worst consequences are perhaps decades in the future. again, california's leading the way and reducing the emissions required by eb32 and meet our goal of getting emissions

we used world bank indexes. every year, the rate every government in the world. did the economy expand? again, world bank and imf figures. and did the lot of the citizens improve? we used the undp human development index, which looks at levels of income, but also education, health, and other criteria. in democratization -- afghanistan did not pass the peace test. 16 of the 20 cases did. that is a failure. in democratization, it was about in the middle. it improved its freedom house score by 15%. in government effectiveness, he interestingly, and in distinction to everything we heard, it ranks second of the 20 countries. it had the second-highest improvement. it is not the second highest in the end, but its rate of improvement is the second highest. in per-capita gdp, again, the second highest. per-capita gdp has increased by 130% since 2001. interestingly, in the human development index, it was the highest. of all 20, it showed the greatest improvement in human development, which is a combination of standard of living, education, and health, those kinds of criter

onto the radar tease kinds a report it pulls on punches in the banking world coming up. crime is a plague of the big cities but in a tiny arkansas town of twenty five thousand it is really getting out of hand pure gold as a property crime index of more than double the national average and rape burglary and assault are also way above average poor poor gold is a dangerous place to live in but what's the answer to living in constant fear of criminals well the mayor thinks that the answer to that problem is to live in constant fear of the government how logical the mayor and police chief have a doorstop plan to send out police patrols with a fifteen's and full swat are to i guess intimidate the local population into submission well actually the plan is for them to stand around it ask people an important question ask them to show id the answer to crime isn't a police state sending guys out with automatic weapons and body armor around just to check people's i.d.'s like it's the berlin wall or something won't do anything a guy who breaks into your house for crystal meth money i

he's in new york now since then was the mainstay see central banks around the world been buying gold they have also been printing money the amount of money the central banks have been printing sense that film is four hundred per cent. many many trillions of dollars yen and euro's have been created the total supply of gold around the world during the same period of time is a whopping eight percent well again you know that was before the collapse of lehman brothers before the collapse the near collapse of the global financial system and in response to that film gap to the gold antitrust action committee said this kaiser's documentary may be sensational forgetting it and the knowledge of it from the german central bank for the first time that germany's gold reserves are actually in the custody of the united states this is a detail the buddhist bank long has denied to all those who have inquired and it's potentially a matter of great controversy in germany this is what gap to wrote in two thousand and nine august two thousand and nine since then of course there's been l'arche all doggedly

world bank will look around the world and say oh you know it's poverty to have two dollars a day it seems like with all of the data collected on us and all of our you know footprints around the world digitally online and in the real world. from the various spy organizations they know exactly to a penny. how much we need to just be on the edge of starvation remember israel does this actually to the occupied territories they count the calories to life one or two to keep them just under the calories that they require not to starve to death immediately but just to keep surviving in the sea they seem to know this for our debt levels how much we can go without completely collapsing and the same with income imagine living on two dollars a day i think most people would be surprised that in america there are now over seven million people living on two dollars a day or less so this is a growing global trend one of the workers said quote the money that they pay us is nothing we work our whole lives but still we have nothing we are working for what for what. keep in mind again central banks print mon

the world bank says about one- third of all indians live in poverty. that is around four hundred million people. >> it is great scheme for the poor, common man that will prove beneficial to all. they will get their rights directly. >> whenever there are elections, the government thinks these kind of schemes can lure the people, but how will it be launched at the grass roots? no such plan has been done by the government. it will be a failure as soon as it is launched. >> more than 300 children in pakistan died from measles in 2012, according to the world health organization. that is most predict that is almost five times as many as the year before. hundreds of those deaths were in december alone. the effort to rebuild haiti after its devastating earthquake three years ago has been slow. more than 350,000 patients are living in temporary housing and now a lot of their aid money is about to dry up. >> it was the worst day imaginable. a monstrous earthquake laid waste to the haitian capital of port-au-prince and left thousands of casualties in its wake. th

what world banks are being allowed more flexibility with the financial safety buffers they used to protecthemselves in a crisis. it means they will have more assets which are easier to turn into cash if they run into trouble, and that will cut down the risks to investors savings -- investor savings. the committee on banking supervision has relaxed the rules on the types of assets banks can hold to reduce financial shocks. the new standards will take full effect by 2019. the director of the financial regulation at the cato institute, the think tank in washington, says the new rules could improve banks' safety mechanisms. >> liquid is in -- liquidism is in the eye of the beholder. in the united states, mortgage- backed securities are what got us into trouble. in the au, sovereign debt is what got the -- in the eu, sovereign debt is what got the eu into trouble. the new rules expand to go beyond sovereign debt, beyond mortgage-backed securities. i think there is a real trade- off here. many of these things will not be liquid when push comes to shove. on the other hand, if you have a very narr

little actual thinking background so now you've got a guy running right now the more bank in the world. bank or more academic. very little real world. who really hearing them work or who programs in the world. with great power comes with ability to acclimate. that is huge and i think that the record sort of. the in the what are the various work. in the future of the proposed new and i think the broader. issue brown why is that policy hard not. to be that broccoli dropped so it doesn't bode well for the future but we're happy that you are to explain what people should know looking for i appreciate it con rush founder of our campaign anshul group and he is a pragmatic capitalist. all right it's time for a reality check i think it's fair to say more political theater lies ahead when it comes to the fiscal cliff deal but let's just quickly touch on it ok when it comes to the tax hikes that were passed by congress as part of this deal those are set to raise six hundred billion dollars in new revenue over the next ten years that's according to the wall street journal but just put into perspective

ask david gray as well how he felt rushed out was on course to get to that twentieth place in the world bank poll what's right because that's something that president putin is really stressing he really wants russia to achieve that indeed he twenty eighteen that is his goal and i wanted to know if we were on track to achieve that and what needs to be drawn in twenty thirty. but i think two thousand and thirteen is a very important year if we don't see significant progress in two thousand and thirty then it's going to be an almighty uphill struggle to reach that target of getting into the top twenty i think we have seen progress and people are perhaps slower to recognise the progress that is taking place in terms of greater attention around. procurement practices in both regional governments and national governments these are positive trends which will have a positive impact in terms of people's perceptions around corruption and bribery in the russian economy but there's perhaps a lag in perception behind reality and so we hope that perception begins to catch up with reality in two thousand a

of a and a silver sinks she saw all that for nothing now will go on most especially during the world bank. report well she she kept. something i gave this morning to the concert because she was a pupil of the checker school conservator and she got a very nice silver midday air i held in a garret to a close here that i could search system on her heart was we are in a very nice day going to put it in a museum something that i have a little museum of conservatives are better ok and she was you or your grandmother she was the first one to sing lead scattered here and there in over a million a year. or so show so she was in a friend of ours and our and she were in she wrote her memories about that in french paris with us how she was truth to play to china and how she came in the balance we store again yet. to. to improve musical education really that is when she met she met her pull in the elbow and she was very very interesting. and the relations between different russian immigrants in in france how can you correct tris then you said the first wave the second wave and the new members the new

did they produce more, better government and use world bank indices the government effectiveness index enrage every government in the world, did the economy expand and imf figures, and a lot of the citizens, use the un development index which looks at both levels of income but also education and health and other criteria. in democratization afghanistan didn't pass the peace test and 16 of 20 cases did. that was definitely a failure. in democratization was in the middle in terms of how much was democratized and improved, freedom house score by 15%. in government effectiveness, interestingly and counter distinction to everything we hear about it ranks second of the twenty countries, it had the second-highest improvement. it improved was the second-highest. per-capita gdp again was second highest, per-capita gdp increased 20% since 2001, and interestingly in human development index it was the highest of all 20, it showed the greatest improvement in human development which is a combination of standard living, education and health, all kinds of criteria. pretty easy to see why afghans tend