com comes to the u.s. markets after weeks of volatility but with crucial inflation data jew out tomorrow could it just be to calm before the storm or so coming up about hopping on a bus without a ticket and not getting in trouble the german government's on such a diesel bans and air pollution could mean free public transport. and could venice is while famous gondolas soon be gone and. this is your business update on helen on free in berlin thanks for joining me in the u.s. trade is the say it's the calmest day in new york in almost two weeks this in the wake of a correction with stocks losing ten percent well today banks retailers and tech results pushed the dow into positive territory it remains to be seen though what impact wednesday's data will have on the markets. so let's go over to our financial correspondent in new york yes quarter yes what's

soothing or moving the markets right now that bring us up to date. usually traders here on wall street prefer the action that's how they make their money but after all the turbulence in the past couple of days i guess it was appreciated that it was a rather boring day here on wall street but just for the to sticks it was the third consecutive day that we saw gains in the dow jones industrial average we did see some pressure on the health care stocks because there were some reports that amazon might disrupt the next industry suppliers for clinics and for hospitals and that caused some damage for the stock prices of those companies amazon itself again a good two percent but the big question is what will happen to inflation and there on wednesday we will get the latest reading on consumer price is that important goals for inflation and we shouldn't forget it was reports on inflation that wages

increased by the most in summer of two thousand and eight that started all this action and all those turbulences about two weeks ago and so that's the crucial number that traders are looking for about an hour before trading starts in new york on wednesday and we will get a sec hit with you tomorrow against go to on a wall street thank you. now iceland is expected to soon be consuming more energy mining virtual currencies that it uses to how all of the countries hopes countries become a major hub to bitcoin mining thanks in part to cheaper in europe the energy now lawmakers are talking about taxing the profits of big corn mines that's likely to go down well one month icelanders who've become wary of financial speculation since a disastrous banking crash a decade ago. how do you like the idea of off free public transport german government is touting the idea in a bid to get people to leave their cars at home and hop on

a train tram or bus instead and i said to the european union's environmental regulation laid out the plans to test it on five cities gemini's facing fines from brussels for not doing enough to reduce emissions. the scheme anticipates making public transport free and testing it in five cities but transport companies say they are skeptical about the plan because it is unclear who will pay for the extra vehicles to handle the rush of new passengers there could be other problems too this is something that has been tried and tested in other cities around the world melbourne for instance but also in talent and sometimes there was the hope that more people would basically leave their car at home because also what some of those examples did so is that people are also reluctance to leave that comfort zone of their own car behind but if it's for free certainly here and really

there's a broad wide expectation that people would go for it. germany does not have too many other options big cities have emission levels that have exceeded the e.u. limits for years if the european commission believes germany continues to ignore the problem it will decide next month about prosecuting germany at the european court of justice. it's been more than a year since falling as a new south wales and australia have seen a decent drop of rain water is scarce so is cattle feet heaving foam is in a precarious situation. these cattle used to graze on rich green grasslands but after a year without rain the pasture looks like this farmers in australia's hunter valley are forced to hand feed their animals if they can because the ongoing drought has dried up dams and creeks the situation is growing increasingly desperate. it's very depressing to go out to a paddock and find that. some farmers are even making the tough decision to

kill cattle that have grown too weak others are offloading their animals at the region's cattle auction. there's only long term repercussions in this area because to get back in is. really really significant in the past droughts have triggered assistance measures like transport subsidies from the new south wales states government but that's no longer the case. i don't think handouts but i think when you when you've done everything possible yourself and you try to drip prefer property by various measures and you still can't manage. with the soil growing dry every day farmers are left to fend for themselves and look out for their neighbors true relief can only come from above. iraq is open for investors that's the message officials are pushing as

a major international conference currently underway in kuwait aiming to raise funds to rebuild the country in the wake of a war against the so-called islamic state of the us was not expected to make a donation but it has put a loan guarantee on the table. these are some of the people the iraqi government is hoping to glue high ranking officials from the world of politics and business here to find out what part they might play in the reconstruction of iraq. rebuilding a country doesn't exactly come cheap iraq estimates the cost of close to ninety billion dollars the government is offering projects in almost every sector of the economy including in its oil industry. and it looks like the message is getting across u.s. secretary of state rex tillerson announced a three billion dollar loan from ex-im bank to help the country build upon that we've announced that we've already committed in the form of it we announced that there were are committing our all around stabilization in iraq and syria this is

a part. of the conditions for reconstruction. we have to restore the basic utilities and keep the area safe and secure in order for reconstruction to begin the conference is taking place just two months after iraq to carried victory over the so-called islamic state it's an achievement the government is hoping will convince international businesses that now is the time to invest in the country's future. earlier in the day tillerson laid a wreath at a gulf war memorial a reminder of just one conflict iraq is hoping to leave behind as it braces itself for what it hopes will be a more prosperous future. and more than just a made of chance for their symbol of romance gondolas in venice carrying tourists from all over the world not might not be the case for long the boats are handmade and their makers have a hard time attracting talent across people. but you know how many honeymooners

have cruised through venice on those long elegant boats how many memories were born here in roberto tri mundine shipyard. it dates back to eight hundred eighty four when roberto his great grandfather set up shop. on channel in those days there wasn't anyone who could officially teach you how to build a god so my grandfather stole the knowledge and the skills to make one for the masters of the time and then he built a reconfigured version because he didn't believe the ones he was building where yet perfect to now a days we used the same systems the same measurements and the same ways of working as back then i recall many a book. but that's exactly what's becoming more difficult roberto mancini has trained lots of young men over the years but they've never stayed on. it's hard work making a gondola eight different kinds of wood are used the planks must first be soaked in

water and later heated with fire to avoid damaging the fibers in the wood. nonetheless the town's gondoliers say it pays off to do things the old way. that will not come unique shape and silhouette. to professionals it distinguishes itself from other gondolas and from other builders if. they go. yet it's a dying craft threatened by not enough talent and the arrival of new technologies. come on gene often wonders what gone those will look like in a few years already setting foot out hops will be made out of plastic people go work like an inflatable boat that you can deflate with a line though to go to maybe it will be made of carbon is firms already black so you could save on the paint. before more. gondolas will probably always be

a symbol of venice though it seems like no visit is complete without a romantic gondola ride on venice is famous canals. and now for valentine's day a story about an unusual bank an essential slovakian i won't find cashel gold in the vaults that know you're all the something money can't buy we are of course talking about love like a museum and dedicate it to a famous slovak and a love poem entitled marina the vote schools are lined with tens of thousands of love boxes each one inscribed with part of a press this is are invited to deposit momentos have their own love stories where they are to become more valuable as time goes by and grows. so you're upset with the latest from the wild all the business i'll be back tomorrow same time same place right now here's a look at the wild markets. every

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