let's join geoff cutmore with his panel at the world economic forum. >> i believe obviously a weaker dollar is good for us. are you actually advocating a weak dollar policy for the united states? >> well, let me first say, i guess i would have been disappointed if you didn't start out with me as the fist question first question on the dollar, since this is something people love to ask treasury secretaries about. i think i have been consistent on my comment on the dollar. perhaps slightly different than previous treasury secretaries, in recent times previous secretaries have talked up the dollar so i've been consistent. what i said not only yesterday and today, but previously is first of all the currency markets are probably the most liquid markets in the world. we fundamentally support free trading in the currency markets. so, my comments have been that in the short-term where the dollar is is not a concern of mine that is will fluctuate that in the short-term there's obviously benefits and issues with a lower dollar. in terms of the benefits, it's beneficial for our trade imbalances

erratic performance of cryptocurrency was a hot top nick davos last week our colleague geoff cutmoreat down with some of the world's best known figures including steve mnuchin and imf's christine lagarde to get their take on it >> we encourage innovation, but we want to make sure that all of our financial markets are safe and aren't being used for illicit activities >> there will be new things coming outside of these negotiations we need to make sure we make sure they do not fall to traps that steven was saying >> we should not turn our back towards it, we should embrace it and work towards a global solution if we don't work towards a global solution, it will create systemic issues. >> it was a big night for the music industry with the grammy awards back in new york for the first time in 15 years as frequently the case, politics took center stage, the host of well-known names read excerpts from michael wolff the journalist look "fire and fury" on the white house and also taking part on u.s. ambassador nikki haley as well as donald trump jr in terms of awards, the obvious winner was b

geoff cutmore joining me here on the back of that interview with the italian prime minister >>> presidentmp will host france's emanuel macron in washington white house officials say trump will hold a state visit for the french president in late april it will be the first state visit of trump's presidency. macron rolled out the red carpet for the president last year in france's bastille day celebrations we will bring you the keynote speech from the french president coming up later today here it takes center stage in the afternoon. >>> the white house delegation has arrived in davos treasury secretary steve mnuchin kicked off talks with a bang saying a weaker dollar is good for america. he was joined by commerce secretary wilbur ross who said nafta talks were reopening last night gary cohn said trump's message would be that america first does not mean america alone. >> we're going to the world economic forum to share president trump's economic story and to tell the world that america is open for business we want the world to invest in america and to create jobs for hard-working americans pr

geoff cutmore is in madrid this morning. it sounds like that brazil number is something they're happy about. >> absolutely. to be honest, it's no hardship coming to madrid in the winter given the weather conditions in london but thank you. the brazilian number was strong. in the conversation i hwill, thy said the brazilian economy may do 2.5% this year, which is stronger than expected if that transpires, that would be terrific news for santander which is strong in the brazilian market there are other tick boxes here. yes, there was the one-off item for the american business. that is a work in progress mexico actually was not bad. the expectation was for a flat performance here so i think generally the market is pleased with that the uk, that could be one area of challenge going forward and they say of the ten markets the they're active in, the uk is the one that would see the slowest growth and there is this fog around visibility that is brexit. so in my conversation with her, i asked her what the potential impact of the bre