High wind and difficult terrain. At least five people have now died. In santa cruz and san mate county alone more than 64,000 people have been ordered to evacuate. The air quality in the bay area is now among the worst in the world. Cathe northern fornia wildfires expected to burn for several more days. And sseepo wly. Ksfor uptodate airquality maps and evacuation information. Earlier today postmaster general lewis to joy testify before senate lawmakers. He was called to answer for controversial changes to the Postal Service. Changes which have led to widespread delaand warnings thma mailin ballotsnot award on time to be counted for the november election. Those changes would be suspended until after the election. Also this week a Bipartisan Group released a report saying that russia interfered to help donald trump when. The report also laid out extensive contact between Trump Campaign advisors and ssian operatives. Me now buy skype from burbank is democratic Concert Congress member and
People dead. Apple is reClosing Stores and pepsi is shutting a food plant in beijing. The reserve bank of australia shifting its yield curve policy into Cruise Control, saying it is functioning better now than when the qe program began. Shery u. S. Futures under pressure. We are seeing it down. 6 . This after u. S. Stocks dropped the most in more than a week. Stocks are feeding on the record levels fading on the record levels of coronavirus in florida. Industrials and energy leading. The weekeek ended in the green for u. S. Stocks. China will accelerate purchases of u. S. Farm products. It was a slightly in the green sixth session of gains. Oil is under pressure heading towards the 39 a barrel, after it at one point surpassed four dollars a barrel. 40 a barrel. Theres optimism we could see global fuel demand and we had more reassurance from the opecplus groupon output cuts last week. Group on output cuts last week. Haidi china has confirmed its new National Security law will override h
Thats across Bloomberg Television and radio. Manus nejra, very good morning to you. Its daybreak europe. There is only one topic. What is going to be discussed in davos in regards to Climate Change . Theres a wonderful piece. Central banks, does this week set the table for Central Bank Policy . What will the shift in gears from the ecb really tell us about the outlook for inflation in europe . Nejra yeah, theres a fantastic piece on the uber talking about peak decade. This is something that will be talking about peak globalization, peak cars, lots of different topics where we can get some direction, not just for 2020, but the whole decade ahead. Looking forward to those conversations. Us go inside the markets. To the dollar, first of all, and this is the important part. Ch bears are back in arge. Theyre pushing short positions back to the highest levels since may, 2018. Is it the end of u. S. Exceptionalism . Do you fight back against yield differential . We have a major story were tra
Its going to be a very big week for politics and money. Today, another impeachment hearing is being gavelled to order right now. Theres talk of an Impeachment Vote by the end of the week. Also today, the Inspector Generals report on what the fbi and doj were up to around the 2016 election. Wednesday, the Federal Reserve holds forth on Interest Rates. After that jobs report, very few expect rate cuts. Thursday, britains general election. Boris johnson, thats britains donald trump, expected to beat socialist jeremy corbyn. And by sunday, we should find out if more tariffs are going to be imposed on china. Any of those stories could move the market. Then theres peloton. The young woman in the now famous ad has found new life advertising gin. Personally, i think that exercise bike will be one of the holidays biggest sellers. We shall see. Get this. Monday, december 9th. Three weeks to the end of the decade . Varney company is about to begin. Stuart the young lady in that now famous peloton
My previous book called 1989, the struggle to create post cold war europe. These books are in the reverse order. 1989 talks about the Foreign Policy that followed the fall of the berlin wall. The collapse is actually about the fall of the berlin wall. So the new book is a prequel to my previous book. So how did that happen . This book is about the Foreign Policy that followed the fall of the berlin wall, and when i did book talks like this one, id say, im here to talk about the Foreign Policy that followed the accidental opening of the berlin wall. And often i would not even get to that sentence. Somebody would interrupt me and say, timeout. What do you mean the accidental opening of the berlin wall . That was the polite version. Sometimes i also got, youre an historian. Dont you know that president reagan opened the berlin wall . When he went to berlin in june of 1987 and said, mr. Gorbachev, tear down this wall, that the wall opened . I got that question so many time is realized that