Independent journalists i see many of the young promising. Who are now making names for themselves all over the. Song live along the way some life some with continue. Their experience of freedom. Is like that fenians of the day you can visit but you call come back. My name is your favorite food and i work. At the. Polls apology after admitting it to deliberately slow down phones apple is now saying sorry to its customers promises to replace aging batteries for free but will that be enough to calm down enraged fans. Also deuce books dreams all final stop on the new silk road the full steelmaking. In germanys industrial heartland hopes a new eleven thousand kilometer rail link to china will revive the local economy. This is the business. Facing a barrage of criticism for the liberal is slowing down old models apple now says it will reduce the price of battery replacements to regain customers trust. Some users had long suspected the company was using their regular Software Updates to slow down all right phones encouraging consumers to buy newer models apple admitted the procedure but says it was done to prolong the life of aging batteries the company has had eight separate lawsuits in the u. S. Filed against it over the matter and has additional legal trouble in israel and france. Now today marks the last trading day of the year and what a year it was Donald Trump Took Office to move markets with his isolationist agenda tax plans b. W. s diesel gate scandal continued to make headlines for the third year running big cones roller coaster ride mesmerized investors all the while Global Growth and low Interest Rates boosted corporate profits and Commodity Prices adding almost nine trillion u. S. Dollars to the Global Stock Markets so lets take a look back its twenty seven with. The fine for a stock instance you can already see and there is only. What were the highlights of this year for you. Where you just mentioned donald trump of course it can be controversial to call that a highlight many people are skeptical or critical of him as a president but he sure caused an upswing and a few are here in the Financial Markets in a positive way ever since his election because of his promise to lower taxes and to invest trillions into the economy the market has been going on gobbling it up and indeed he did deliver at least on a tax reform at the end of the year and so the share prices are being void by that and the dax reached a record high among others because of donald trump this year and so did wall street so thats a high point i think also a high point is the fact that the Central Banks are continuing to pump money one can also see that as a negative because personally i believe theyre doing too much but theyre also part of the story of this record high story in the markets two thousand and seventeen so what about the low or low points whether any black days for you. I think all the black days connected with bitcoin coverage and bitcoin developments i personally dont see that as a positive and many people here see it as negative for the Financial Markets as well and for the reputation of this kind of speculation this kind of frenzy this kind of greed thats being associated with bitcoin which we see there sheds a negative light basically on all kinds of investing and even on healthy investing on sensible and wise investing for all the age securities for Pension Funds for companies workers and so the development with bitcoin is one of the negatives for me this year. All events in frankfurt thank you very much. Around one thousand years ago long caravans brought spices and porcelain from china to the middle east and europe the camels also carried precious silk which gave the rude its name the silk road it covered thousands of kilometers right across asia the Chinese Government now wants to revive it in recent years it has been investing hundreds of billions of dollars in ports and roads bridges and airports between china and its trading partners to the west this week were looking at some of the stops along the route and our series finishes at the end of one of the rail routes in the west and west german city off to school it is home to the largest inland port in europe it handles three point seven million shipping containers a year making it an ideal hub for chinas new so growth project the railing bringing freight here from china is already up and running its going to buy more than two dozen trains a week the transit time of around two weeks is four times shorter than the traditional sea route giving the railing a competitive advantage because trade time really is money. But europes largest in one port most containers arrive by ship. But not all. It might look and spectacular but this is one end of the new silk road a freight rail route stretching eleven thousand kilometers and connecting duis book with chong ching in central china. Instead of silk and spices typical cognos today include Household Electronics and textiles. But through the balance simple mostly because we are part of the largest connotation in central europe. The chinese want to sell masses of consumer goods. And the best place to sell them is where you have a lot of consumers. Combine that with a Dense Network of roads and rail links at this end plus the rhine river connecting with rotterdam and also the brooder on europes west coast its ideal. Coming this will. Turn out twenty five trains a week to do is book from china carrying both goods and hope for the future. Located in germanys industrial heartland duesberg used to be a wealthy city but its been in economic decline for decades. The citys representative for Chinese Affairs still remembers the steel plants lighting up the nighttime sky when he was a boy today like the coal mines across the river valley to most have been closed down in the list since one in the last twenty years weve lost around thirty or thirty five thousand jobs in the steel industry. Which is why he welcomes trade from china. And the new silk road will boost the influx of investors such as ya mean one who has big plans to do is book. Beginning here in china and we will be building a China Trade Center here. On this line behind us we will have one hundred twenty thousand square meters of office space over five stories. Hundred twenty thousand meter. The center is set to accommodate around two hundred companies which will have excellent access to the European Market from here the construction is being subsidized by the Chinese Government as part of a long term strategy. That also includes the new train link. It may not be making any money for beijing yet but the financial commitment makes do is confident that when it comes to the new silk road and future trade the chinese really do mean business. Well many countries are profiting from chinas multibillion dollar project but some of chinas partners are worried to be out of the loop lets bring in our finance correspondent from singapore and china is teaming up with many partners but not everyone is happy who is it. Well just three main parties here were talking about of course india its biggest competitor the second asian superpower obviously it is worried about some tensions with china having some projects around it its got a threat of encircling india and a threat to its economy as well so as a result of that pakistan is worried about political and territorial tension between india and china it will be caught in between were talking about sixty billion dollars worth of Infrastructure Projects just within pakistan alone of course in europe some countries in western europe. Giving look warm response. Especially with the real project there are reports saying that people arent happy with how. The rio is going to extend shipping freight. Freight charges by up to fifty percent as well as duration compared to just regular classics to. See free where the projects in pakistan and the poll that have been counseled are being put on hold is that going to disrupt chinas plans. It does sound like these three places alkie places and it does sound like it will disrupt any plans of that china has for it to reach to have the silk route reach europe but it seems that it has found an alternative in Greece Greece has also it perry is a pure race as an entry point to europe for china. Given the problems that its facing in pakistan me and my and all that its always dream is on the other hand its a win win situation greece on the other hand is hoping for this to be an opportunity to finally recover from its economy a comic failure as in two thousand and nine costco did acquire recently a fifty one percent stake in the periods port so it does look like things are looking up on both ends of the spectrum and behind singapore thank you very much our european plane maker has finalized a formal order for four hundred thirty jets worth almost almost fifty billion dollars its largest ever single order the deal was first announced at the dubai asho last months American Private Equity Firm Partners a three twenty neo. States and four airlines among them u. S. Carrier Frontier Airlines and mexicos valar is your a significant boost for us which has who lacked its rival boeing and deals this year. Courts to try and prevent the appointment of a special prosecutor to investigate its emissions. To fully investigate. Especially to find out how much. About the cheating. That the special prosecutor. Because of continued. We showed. You. Most popular. Just one more. Sit down this really is the last line of the money ill say. And the Health Benefits will be so much alan or. Any kid has had a its a new year its a fresh start i can do this becoming a nonsmoker and staying heres how to do it. In good shape in sixty minutes on. Make your smart t. V. Even smarter with the d. W. Force more of. What you want when you want it up to date extraordinary. And you decide what songs on sunday morning dot com smart t. V. Its all happening dont you of it going to. Your link to news from africa and the world. Your link to it simpson stories and discussions can you and will come to the news after killing program tonight from born in germany from the news of these eaves i while would say de debbie to come smart enough to come join us on facebook at d w africa. Thanks for joining in im louise counseling and ill be taking you through the shia based on the top twenty five
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