the figure the markets have been waiting for with the bated breath for us january inflation is stronger than expected but stock markets haven't done it just yet. so coming up ten years cut flower industries key to the economy there but it's facing increasing competition from neighboring ethiopia. and besides waves and storms baltic sea fishermen now have to contend with an up the follows their every human. race is your business update i'm helena humphrey in berlin good to have you with us in the us a stronger than expected inflation data set wall street stocks mostly down consumer prices well hoffa's percent in january driven by higher clothing costs and the spike in the cost of car insurance the annual rate held steady at two point one percent still equities on going crazy with a pool retail sales report going some way to offset those inflation fears.

so let's bring in our financial course want to say fisherman who is in new york for us good to see you sir if you bring us up to date with the latest on how the markets have digested this data. yeah well heaven i had seems like the markets have recovered after they did indeed indeed plunge as a person reaction to these numbers but i think most people expect of the consumer price index to rise and the key indicator for inflation growth only flights leave more than expected in january and at the same time the dollar is weakening at the moment and that's helping domestic companies to say competitive still the fact it's getting more and more concerned that the economy might be overheating not only due to the higher prices but also because of charms techs through for him and the boom america's economy has seen in the years after the crisis was financed with cheap money thanks to these low rates and this is going to change this might affect the

economy in a negative way so if you mention trump his passion to tariffs remodel appeared to know no bounds who's in the line of fire right now. well this also could be a game changer because tampa targeting two major materials deal and element a on here have been making a lot of threats and we already have seen tariffs on solar panels on washing machines paper lumber but none of these imports are leading a good while both the steel and aluminum are being bought and processed by really many different sectors in the u.s. so this could have a major impact on the u.s. economy. reporting for us from a wall street thanks a lot will chinese tourists are still flocking to america even as arrivals from other nations are tapering off would more reason for america's tourism industry to case it to the chinese already the most lavish

foreign spending hotels resorts and department stores and luxury hotels in los angeles offering special deals in the run up to the chinese new year celebrations. europeans may have their issues with los angeles but up market visitors from china are increasingly feeling right at home here in the run up to the chinese new year the local tourism industry is leaving no dumpling unturned in a pitch to attract free spending chinese traveling the world on their holiday break the chinese new year is a big event it's a big stage in the calendar for a fraught troublous at the lots we look at so you offer all the facilities that they may want to enjoy the things that would include things like lucky envelopes with two dollar bills new year macaroons with t.n. dim sum special seasonal gifts and chinese american newspapers. not you missed here how tour companies have hired chinese hawkers to lure visitors

into busses. and me yeah they were running numerous specials on the chinese market rivera excited about that very act of the individuals into los angeles from that the us market. tourism to los angeles has been rising fast for the last seven years the city has a larger share of foreign visitors than the country as a whole and the biggest gains are coming from china. now an international donor conference for the rebuilding of iraq has failed to meet expectations united states had already pledged a loan was three billion dollars other investors in mocking billions more that all fools well short of what baghdad it is. rebuilding a country after decades of war doesn't come cheap iraq estimates the cost of close to ninety billion dollars q.h.

the nation hosting the conference is one of many countries making financial commitments. but really the idea is to announce the state of kuwait's commitment to support our brothers in iraq by committing a one billion dollar loan under the mechanisms of the kuwait fund for economic development. but it's not all about loans iraq is especially keen to attract companies to do business it's offering projects in almost every area of its economy including the energy sector siemens c.e.o. joe kayser told t w his company is rebuilding for power plants about securing the availability of electricity is iraq's biggest challenge at present. the conference is taking place just two months after the country declared victory over the so-called islamic state it's not achieved the government is hoping will convince international businesses that now is the time to invest in the country's future.

and i would have your thoughts on valentine's day millions of people buy into it with millions of lovers around the world getting through case of flowers now with europe in the grip of winter if you were lucky enough to receive a bunch chances are your flowers came from somewhere warm and sunny like kenya in fact the cut flow industries the country's economy the competition from neighboring ethiopia is putting the business. at the syrian flower farm in central kenya all these stem to beauties are processed by hand from harvesting to bundling to packing for transport. tonnes of flowers are prepared for market on these work tables. the company's director hamish kerr runs a well organized and highly efficient operation each flower arrives in stores no later than two days after their cut people line up outside the packing facility every day looking for work the regional economy depends on flower cultivation where

employing three in all thousand people we are neither when it comes to have ethical trade so we're paying ostroff the highest in the industry for providing housing medical school so in terms of the flowers that we produce they are putting money into people's pockets. the flower industry is the country's second most important sector after tourism. five percent of its economic output comes from cut flowers. here at lake ny bhatia growing conditions were perfect. twelve hours of sunshine per day cool nights fertile soil and enough lake water to keep the more than fifty flower producers here in business. the kenya flower council in the capital nairobi however is concerned about cheaper competition in neighboring ethiopia the head of the association says the ethiopian government is attracting investors with price

dumping they get access to land they get the subsidies on even freight let me give you one example we can and land our flowers in the us at three point five to four dollars a kilogram. big europeans on this up today's plates on their own in their airplane land. shouldn't bring big. donors but good luck. as a result farmers are leaving. this flower grower abandon operations here to move to ethiopia low cost operations to the north are endangering the industry in kenya with jobs and economic growth at stake if the exodus of companies continues at this rate that will be bad news for the flourishing flower sector in kenya. a dream for some harsh reality for others the life of a fisherman on the baltic sea not only do they have to be graceful rough winds and

stormy seas a special now monitors that every move not protect the fisherman but the caught. blustering southwesterly wind here on the island of means any low tide fishing is the question today from now before the fishermen even step aboard they're both they have to activate their new movie up it registers every net put eye to see to make sure they don't fish deeper than twenty meters and to stop the carnage during the two month breeding season for the fisherman it's a step too far religion or hidden god would work with nature every day we know how deep we can fish there's no risk that a couple of fisherman are going to endanger the cod population. if. the new scheme also means that every fisherman must have a smartphone the first few tests have highlighted some teething problems. if you

don't have any internet then the op turns itself off which means you have to write in the log book how can you manage to do that in time when you're busy out on deck . the federal agriculture agencies say they created the op to make the fisherman's lives easier the fishermen say they'd have preferred to be paid a bonus to stop fishing during the breeding season. well the value of iran's currency the reaal has hit a record low against the dollar profitable sorties to a crackdown on unlicensed currency exchanges it used to fuelling too much speculation and he shut down ten currency exchanges in the capital techron and arrested some one hundred money changes they blame the government for the reales downward moves and say that trading oil in us dollars ends up with the local currency. wow so you're up to date with the latest from the world of business from all find us on facebook follow us on twitter. business i'll be back tomorrow same

time same place right now here's a look at the wild market thanks for watching i'm going to. cut above the boob. tube. play the to. cut cut cut cut cut cut cut cut cut cut cut. cut. cut cut cut. cut.

the job it can be. sure linked to news from africa to the world trade center link to exceptional stories and discussions from the use of easy to our website to debbie to coast much for joining us on facebook. for. earth home for saving global ingenious told stories of creative people and innovative projects around the world like to use that particular climate and boost green energy solutions to inspire people to take action on the and global ideas on t.w. . they make a commitment. they find. they inspire. africa on the move. stories from both people making a difference in shaping their nation. and the continent of africa on the

move stories about motivational change makers taking their destinies into their own hands d.w. knowing multimedia series for. d w dot com africa on the move. oh you know the fact is there is music and have done it today which is fantastic for me because i absolutely love to dance sides of the cubans dance to music love song i'm here to find out all about it and hopefully improve my doubts news as well .