we are hoping we'll be able to dance for a long time and to hold on to our good rankings and. sent to them. was a couple recently tied the knot. let's hope that married life sees them up together as easily as the 2 on the dance floor. of next wall street's having a good time apparently so what's behind its record run stephen bears they will tell you indeed the news business update next. i'm scared that. that's hard and in the end is a me you're not a lot of the year and more we will send you back. are you familiar with this. with the smugglers with lions and. what's your story. 'd

with numbers and women especially in victims of violence. and send us your story we are trying always to understand this new culture. you are not a visitor nothing yet you want to become citizens. in full migrants your platform for reliable information. wall street picks up where it left off and the bull market charges in the 2020 will take a look at what's behind the optimism and how long it could last. also on the show interpol issues a fugitive notice for at least on boss carlos ghosn who will be a route take any action against him we'll look at the latest. anti retailers kick

off 2020 with the ban on single use plastic bags. this is your deed of your business report i'm stephen bears in berlin thanks for joining us the rally on wall street shows no sign of losing steam traders kicking off 20 twentieth's record pace with 3 major indexes hitting record highs on the 1st day back from the new year holiday stocks were lifted by news of fresh economics. to prop up china's slowing economy since but also got a boost from optimism driven by easing trade tensions and improvements in the global economic outlook us weekly jobless claims fell to fuelling the rise to record levels. let's go now to our financial correspondent in new york ian's korda good to see you for the 1st time the new year we've picked up right where we left off haven't we nothing's changed. once the rally is still alive up by a good 330 points meaning a new record high and also meaning that we're shy not even half

a percent off the next 1000 point step the 29000 point mark central banks keep plodding the markets we have the interest rate cuts last year here in the u.s. now as you mentioned we have for the people's bank of china starting the new year he also was pumping a $100000000000.00 into the system and that clearly is getting this market going. we all know this can't last forever so what do you see in your crystal ball what ahead in the weeks ahead could diminish this. true nothing lasts forever but there's also the saying on wall street bull markets don't die of old age still just because we are on the rise pretty much for the pasta 10 years does not necessarily mean that the end comes here and now a lot will actually depend on us corporations we shouldn't forget one of the main

reasons the market is on fire is not just the central banks but it's also us corporations spending hundreds of billions of dollars to buying back their own share then in 2 weeks earning season will kick off again so we will see how profitable u.s. corporations are and how the outlook is sent then on top of it we also in an election year and we have the midterms coming up especially early march and it theoretically could spook the market depending who seems to be the leader of the democratic field we shouldn't forget that elizabeth warren of bernie sanders for example they have rather aggressive tax ideas in their minds aggressive to put it politely of their forests in new york thank you very much interpol issued a red notice for former nissan renzo executive carlos ghosn on thursday in a spectacular escape go and jumped bail in japan earlier this week and fled to

leavitt on to avoid trial there on charges of financial misconduct the question now will go in face any sort of legal proceedings in lebanon and would it satisfy japan . outside gone's home in beirut the wait for answers continues for their part lebanese officials say they will respond to an interpol notice even if they aren't obliged to arrest gone. after i suppose the general prosecution will fully implement the notice and that includes someone in him and listening to his testimony and then if there are measures to be taken then they will be taken it. is a free to view before my niece and renault chairman could do a lot worse than a lebanese trial japan for example convicts 99 percent of defendants gone has described the japanese justice system as unjust the japanese prosecutors would support a lebanese trial remains an extraordinary proposition however lebanon after all is

friendly territory for gone seen as a son who made good and many decry his treatment in japan. he did help neeson and the north to achieve the stater yes as a businessman he did well indeed as a libertines man we're proud of him. gone stands accused of underreporting his niece on salary to the children of $85000000.00 prosecutors also allege his skimmed millions for his personal use gone has repeatedly denied all accuse ations questions remain as to how he escaped to japan japanese authorities searched his talk your residence on thursday and turkey detained 7 individuals believed to be involved in gangs briefly over in istanbul theories are flying all over the place was he smuggled from his tokyo home in a musical instrument case did he meet the lebanese president was his wife involved to the latter gone gave

a definitive no on wednesday saying it did it alone one of his few public statements to this point. and let's take a look now at some of the other business stories making news around the world. french workers aren't ready to back down continuing their protests against the government's pension reform plan workers gathered in front of a totality finery to block fuel shipments french trade union c g t voted earlier this week to keep that auction going until january 6th some french gas stations have already been experiencing fuel shortages. greece israel and cyprus signed a deal in athens for an undersea pipeline the pipeline will carry gas from offshore israel to continental europe via greece and cyprus the $6000000000.00 project would be an alternative to russian gas but it is currently fraught with political and logistical challenges. china has temporal temporarily blocked plans for cross border listings between the shanghai and london stock exchanges that according to

reuters it says the move is due to political tensions including britain stance on the protests in hong kong cross border listings could help london stock exchange offset the recent decline in i.p.o.'s in the run up to briggs it. staying in europe croatia has just assumed the 6 month rotating presidency of the e.u. council the youngest member of the european union has yet to adopt the euro many say doing so would help the country's tourism and other sectors although not everyone is on board. for the croatians to treasured national currency is more than just a means of payment it's a symbol of their national independence croatian see the coup not a stable and reliable even though it's an e.u. member crew asia has been reluctant to join the european common currency the euro. thank you. both at the euro is better for us but we love our kuna that's our

national currency. misunderstood and we're not ready to bring in the euro we're too economically weak maybe in a couple of years time pictures want and i'll suddenly. hear invoke of our in the north east of the country you can still see relics of the civil war against the serbs more than 30 years ago the region remains an economic underperformer. factory once employed 16000 people today there are just 600 left. the company has lost money for years and relies on the state for support. it's hard to find younger workers because low wages have driven many young people abroad the shoes the factory makes are mostly sold in croatia management would like to boost exports to the euro zone so adopting the currency would be a big help. we would welcome the introduction of the euro it would bring us closer to the customer and facilitate our export market is was. introducing the euro has

not worked until now because large sections of the population remain skeptical about the common currency many croats are worried about lower wages and rising prices. i think everything will get more expensive for the euro will inflate prices over $20000000.00 tourists visit croatia every year and it's they who bear the brunt of the costs of the every time they use an a.t.m. they have to pay charges and also have to pay commissions every time they change money even though they are required to join the euro at some point politicians are taking a less than enthusiastic approach to introducing the currency. to. the introduction of the euro is still a development phase and it's an ongoing process i hope it won't take too much time . and. croatia fulfilled a strict e.u. criteria for the introduction of the euro some time ago croatia therefore could be in a position to make initial steps towards the euro in the current year. over asia now

we're tired retailers have joined the battle against ocean pollution by banning single use plastic bags the move will require customers pay a small fee for a reuse of a bag made of fabric tile and is one of the largest contributors to ocean pollution where citizens go through an average of 8 disposable bags every day. plastic waste in the last 2 decades it's become the norm on beaches across asia much of the plastic despoiling places like this is from single use bags as the new year begins stores in thailand are trying to break a national habit in a country where citizens go through an average of 8 single use plastic bags every day several major mall operators in $711.00 convenience stores are asking customers to pay a small fee for a reusable bag but ultimately the fight against pollution comes down to a change in public attitudes and some people are reluctant to change.

but what if we pay at least $500.00 baht and then they give us a free cloth bag it's not much if we use these bags they'd be better off and richer but other people will suffer you have to give the consumers or the plastic use a time. you cannot just. let say in even one or 2 lines he will takes time but eventually it will go away thailand is one of the largest contributors to ocean pollution with plastic bags regularly turning up in the stomachs of dead marine mammals like do gongs. and that's it for me and the d.w. business team to check out our website dot com slash business i'm stephen beardsley in berlin thanks for watching.

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sometimes i am but i found nothing which has gotten me the germans thinks deep into the german culture of looking at the stereotype quirks but interesting to see these are the countries that i no longer. needed seem ridiculous drama there you go it's all about a new i'm rachel joins me from the german fundie you post. this a new news africa coming up in the next 15 minutes what lies ahead for africa in 2020 i'll be asked me it's nobel peace prize when the continental free trade agreement and amal bush is i'll stay in sudan was some of the key events last year . and we'll hear from the somalians in kenya who say they live in peace but they

lack food and health care.