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Of the debate under the radar modi india became the Fastest Growing economy in the world but it looks like the pace of that growth is slowing down. India is the Fastest Growing economy in the world in twenty eighteen it expanded by more than seven percent but over the last few months the pace has slowed home grown problems include complicated bureaucracy and corruption in the Banking Sector too has been weakened by talk cyclones that has had consequences investment is starting to window and so is private consumption which dropped sharply last year as indians began spending less. And its no wonder for many the economic boom has yet to arrive many in the middle classes are frustration by the widening gap between rich and poor. Indian Prime Minister Narendra Modi has vowed to create jobs. With millions of young people entering the labor market every year that promise has proven hard to fulfill. Indias farmers also feel let down they regularly take to the streets to demand higher prices and Better Living conditions but so far little has been done to curb impoverishment in rural areas this despite the fact that every second indian lives in the countryside. The annual budget is due on friday in india as the last one of these ten yeah there are suggestions that there will be some sort of package for farmers and the Rural Economy and also relief for Small Businesses there is growing knowledge meant that mode is big efforts to monetize asia and the goods and services starts left them in a bad place lets bring in our correspondent. From delhi what is expected from the budget this year. The this will be the last budget that the government put forward before elections which are due in me and theyre hoping to do a few things with it now usually the budget before the elections is expected to just be interim youre just carry on the expenditure and leave it to the next government to actually in and see it a new program but this government and suggested that it will do something major especially because the Rural Economy is still unhappy with the we put the goods and services tax and the monetize ation and so we might be expecting some sort of package for farmers because i grew culture has been a very bad please also maybe more access to credit for Small Businesses and then might even be some thoughts for the middle class in terms of income tax that might be controversial because as i said you usually expect the government not to announce anything major in the interim budget right before an election what impact is alleged to have on the governments Reelection Campaign is there is complaining different this time. Yet the ruling government to last three key state elections late last year of which left them on a bit of shaky ground and has them concerned about reelection prospects in the upcoming general election so theyre hoping to put forward something using the budget as a way of appealing to the wider public particularly those sections like farmers or the poor who are unhappy with them just to did the Principal Opposition Party in the congress announced a minimum income gathered before poor people which will certainly force the government to have to respond as well so if that able to put forward enough for farmers and the rural poor they might have a much better chance of coming back to power but much depends on whether theres enough fiscal space to spend their way out of the whiteys. Thank you very much ron venkataraman from delhi thank you and were going to the United States now where president on the trump has lifted sanctions on a number of Russian Companies leads to all agog all exterior pascal the firms in question include the jays j. S. C. Power company and giant roussel very pasco is an ally of russian president Vladimir Putin and is currently being investigated as part of robert millers probe into alleged collusion between moscow and the Donald Trumps twenty sixteen president ial campaign the u. S. Treasury Department Said the decision to renew sanctions was made because there is pasta no longer controls the companys critics including some republican lawmakers dispute that claim. Zoom in on this with our correspondent at the Frankfurt Stock Exchange foxs John Bradshaw rusal is the worlds biggest element in producer outside china what effect did trans decision have on Global Commodities today. Org erhard one second the worlds second largest player is absent that does get noted and back in april when the sanctions were first announced it actually drove a lot Aluminum Prices up to a seven year high the reaction today wasnt as big thats because throughout these negotiations the actual sanctions have been pushed back and pushed back with with improvements so prices have recovered today though at the opening the price dropped as much as one point four percent at the long London Metal Exchange and thats of course because a lot of material can now be used that couldnt be used before about three hundred thousand tons is the estimate of. Aluminum that can now go into the London Metal Exchange stockpile us about a fourth of the overall stockpile size. Looked into this week the u. S. And china will be talking trade again from wednesday on woods and we expect to break through that. In the hopes for a break for a breakthrough or very minimal in fact the association of Investment Companies has done a little survey of. Investment Fund Managers in asia and theres not a lot of positing positive things i read because while it would make sense economically to get together and stop this trade conflict it is so much bigger on the political scale its about intellectual property theft its about the power display from china that seems to threaten the u. S. With the belgian Road Initiative for example its also about cyber crimes of the very little positive the only positive note i did see was it might benefit some other Asian Countries where production might shift from china to other countries around. The front so strange for us thank you. It was staying in the u. S. Hundreds of thousands of workers should be back on the job this week after the end of a thirty five day Government Shutdown out of work and unpaid fortunately those workers will receive back pay economists say theres no making up for the lost spending of the past month and the price tag when its teeth of a look. It might have been traffic chaos at the airports that brought an end to the u. S. Government shutdown after more than a month with air Traffic Controllers calling in sick flights were delayed or canceled at new yorks la guardia and other National Hubs then washington came through with a deal. An agreement between President Trump and democrats in congress with no money paid for a border wall and sure things will go back to normal federal offices will reopen as well National Parks workers will get paid and their relief to. The shutdown was really too magic for a lot of people and i think it put a lot of American Workers in a really challenging financial situation and i think that in the future i hope that shut down. The family will be able to pay our bills will be able to take anything you know the off the street in and out begging for through. But the economic damage is done the shut down came over the white houses demand for five point seven billion dollars for a border wall now analysts to standard and poors say the shutdown cost six billion dollars mostly due to lost productivity and weakened Economic Activity the council of economic advisors within the white house takes the costs even higher estimating a weekly loss of point one three Percentage Points of quarterly Gross Domestic Product according to their numbers the month long dispute could cost the economy about twenty six billion dollars. And it could all get even more expensive the current agreement will last for three weeks it is unclear what happens then. The taxi drivers in spain have blocked one of madrids major thoroughfares over the weekend to vent their anger over wright hailing service the brothers are demanding further restrictions on the service which they say unfairly on the cut their business Spanish Government already agreed to clamp down over including capping licenses for new drivers of the taxidriver say the new regulations dont go far enough. And before i let you go wed like to leave you with a special request and bring us closer to you and your stories closer to us what does that mean our reporter hugh adela explains. Hi im here down off from v. W. Business for the past year ive been traveling across europe to find out how the economy affects everything peoples everyday lives. By this time im heading to japan. And i need your help if you live in japan or you know a lot about the country what problems do you think we should be reporting on how has the economy changed in your life you are the experts please let us know right directly to me on twitter or write us a facebook message we would love to hear from you. So thats it for me the Business Team here in the thank you very much for watching b. W. News is next with an update. Complaining. No more no electricity no future the residents of months are coming to suffer. Live next to one of the regions many coal fired power plants that makes them sick and strong as the environment but the country continues to invest in fossil fuel with backing from german for something africas victims of the cold pollution. Claim to minutes d. W. Stop. Making the music so long gets enough tastes. Curves with the good morning stephanie stall. The curtain chats with musicians from around the world some of the above. Groups starts february second on t. W. Serial killers take us to see. The glint of robert gangs. In the ugly and prison feature of life in one thousand nine hundred twenty s. Good times played almost weekly update find corpses in the months to get rid of river spray sometimes just body parts the final script has the judge told the police force cant cope. But the criminals dont reckon with him detective superintendent const cant. Revolutionizes programs or procedures and just. Shoes extensive record system the foundations for moxibustion which is what janet much was doing the basically the same two days profile of the berlin metropolis of crime. Starts january twenty ninth the bomb t. W. Cuts. Played. This is deja vu news from her lead the struggle for power in venezuela self declared interim president won by though calls on the countrys military to back him but can he convince commanders to renounce their loyalty to nicholas. Also coming up in the u. S. Another democrat kicks off the campaign for the twenty twenty president ial election

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