it's to. let you see. it's. the. way. to. change. the whole g.w. one out. for him focus global insights the news out report local heroes. double made for marines germany state by state. the most colorful. the liveliest. the most traditional.

minded old any time. check in with a one special. take a tour of germany fine state. g.w. dar come. to the table i did. the euro's steadied slightly against the u.s. dollar after a four day hot streak but it is still trading at well over one dollar twenty two we talk to author national correspondent and france that. also coming up a diesel day it was yesterday german com makers looked to the future of the north american auto show in detroit. and luxury watchmakers are up beats about their business prospects in twenty eighteen we tell you why. i don't work on tidied

up your business i want to get jones in berlin and we're starting with a look at currency markets so the euro steadied its rally against the greenback trading at a one u.s. dollar twenty two or fourteen today after reaching a three year high on monday when it was going for one u.s. dollar twenty two ninety seven well the euro has gained almost eighteen percent against the greenback since january twenty seventh teen analysts say the european central bank's plans to end its bond buying program abhi high the currencies strength and the euro is expected to remain strong in the near term. we discuss to the rise of the euro with our man in frankfurt daniel cope and i asked him what's driving or driving the currency to go from strength to strength. well i think there are two main factors behind of all of this and i can tell you also from the investor's perspective this very strong euro also came as a little surprise for investors here after we really saw

a rally here happening at the stock market at the beginning of this year well we are having a very strong european economy at the moment but the main reason behind this is speculation and rumors coming from the european central bank just a few blocks away from where i am that we might be seeing already if this year a change of the monetary policy of the e.c.b. right now we still have zero per cent interest rates here in the eurozone this is most likely not going to change at least until two thousand and nineteen but many investors are thinking that we could see a complete stop of the bond purchasing program that was already cut down now from january to a storm sixty billion euros a month to just thirty billion euros a month this has really been giving the euro quite a boost here at the stock market morning now a strong currency a solid currency represents as you mentioned also a solid economy but i know that there's always two sides to every call in what's

the downside of a strong euro. well even though investors have been asking for a long time that this monetary policy of the e.c.b. is changing they are not really happy with the immediate effects because whenever we have a very strong euro we usually see also shares here at the blue chip index dax falling because many companies here do a lot of their money with exports and with a strong euro those products on the other side of the world for example in the united states get more expensive and then not anymore that attractive so that's why investors are actually for the moment not so happy with this quote in frankfurt thank you so much for this. expect to find doom and gloom at this year's detroit auto show think again twenty seventeen may have been a difficult year for us in the us to do ending sales especially when handling german brands still reeling from the diesel gate scandal but. the phenomena found

out twenty eighteen promises to be a good year for the industry. the automobile industry is all about salesmanship some people want to buy the feeling of independence and getting away from it all of us want speed technical innovation or simply an affordable ride in detroit germany's comic us demonstrate optimism that they can cater to any perceivable need and a clearly back on the road to success. this is a huge market seventeen million cars were sold in two thousand and seventeen and we are quite proud that we could increase our market share in two thousand and seventeen the germans got some unexpected headwinds from washington president donald trump accused them of exporting too many cars to the u.s. and threatens to punish them with tariffs but a concerted information culture offensive seems to have had some success recently as the attacks from the white house abated i think people in washington have in the

last twelve months learned more and more that we are not only selling cars here but that we are also producing lots of cars in the united states one of the best examples for this is b.m.w. a company explicitly criticized by trump for being too successful the company has defended itself by pointing out that its biggest car plant worldwide is actually in the u.s. and that b.m.w. is securing tens of thousands of american jobs not only in its own facilities but also at its suppliers internally we call the u.s. our second home some problems of german automakers in the u.s. were of their own doing the image of. and engineering took a hit when ford sparking cheated on diesel emissions tests but after it paid billions in fines and wholeheartedly apologized he was biased seem to be giving v.w. a second chance to fact folks bargain was one of the few car companies to report

higher sales last year. so it's a wonderful time to restore this brand to its old glory over a time the optimism is also high quality and innovation will prevail says one of the company's leading engineers if you look at the altar industry these days it's always the germans who make the next big step forward an assessment confirmed by strong sales figures by professional service from one of america's leading all to fan magazines. respect for german german engineering and german car manufacturing hasn't really dwindled i think maybe the volkswagen brand took more of a hit then than the german auto industry in general in terms of people's perception i mean people are still buying porsches people stare still buy and b.m.w. and mercedes benz is and they still think they're great cars and with the economy booming unemployment low and donald trump's recent tax reform handing money to corporations and high end customers alike german comic us are expecting another

year of growing profits in the us. i don't know where you spend the holidays but chances are many of you didn't spend to the season at home traveling is a huge travel and fact preliminary data from the un world tourism organization shows that tourism is booming across the globe overall the number of international tourists grew by seven percent last year reaching an estimated one point three billion in twenty seventeen and the strong momentum is expected to continue this year here are some highlights from this focus. france will remain the most popular tourism destination according to the united nations world tourism organization but spain could be set to replace the u.s. in the number two position with more than eighty million visitors last year a deadly terror attack in august and the political crisis and cut alone yet don't appear to have dented spain's overall tourist figures. that's not the case for the u.s.

politics affected international visitor numbers which dropped five percent early last year following the inauguration of donald trump. things a boding well for countries in other regions europe continues to receive the highest number of international tourists six hundred and seventy one million in two thousand and seventeen asia and the pacific recorded three hundred twenty four million international visitors and africa and the middle east combined came in at one hundred thirty million visitors europe and africa had the highest growth rates of eight percent followed by asian pacific. with a six percent growth this is the highest annual growth rate in seven years the agency said this was mostly due to global economic upswing in that it expects growth to continue twenty eighteen or more sustainable pace of around four percent tourism is one of the world's leading export sectors so the growth is welcome news

it could lead to more job creation in trouble and hospitality investor nation countries. turkish airlines has reclaimed to the top spot over competitors and emirates because it carried more passengers in twenty seventeen that's according to newly released numbers sixty nine million passengers flew turkish last year that's a bump of nine percent from the of the for loop tons of fareed sixty six million while emirates counted fifty nine million it's an impressive rebound for turkish of the fia's competition from low cost airlines and a tense political situation in turkey have hurt the carrier in recent years. and twenty eighteen looks promising for yet another sector after more than a year on a downward slope sales of luxury watches also began to rebound again last year at the annual fine watching making show in geneva manufacturers say sales are on the uptick take to q. when it comes to

watches there are still fans of analog design and many are prepared to reach deep into their wallets for it some of the most prestigious brands are currently featured at the geneva watchmaking show. customers come from all over the world. because you know i want to watch making is doing well overall the indicators are all good europe is strong china is coming back and so are the tourists the us is quite promising for distribution channels were a bit overloaded the tatts now east shows you so we're in for a great year and twenty eight. degrees which i'm sure i mean. prices for luxury watches can top one hundred thousand euros. still demand is rising. for swiss manufacturer of my piggy global sales rose twelve percent last year and could reach the one billion dollars mark this year the second hand market is also robust. its

next big thing in the watch in this room. second hand sales we should look to the car industry where all the brands also sell their own secondhand cards until recently trade in secondhand watches was handled by others everyone is involved except for the brands themselves outside which i believe is commercial nonsense. but new watches are still the mainstay and with consumer demand taking over nicely luxury is still the watchword. but time's up for now one use in the next hour. the to. cut. the to. the to . the to. the

to. the to. the to. thank god i'm. going to sleep god lives if i can follow him on to the mental break by an acoustic a chump change thank you how think you sound well has come out triumphant on. how to go out to.

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