Manus welcome to the show. Hope you have had a good rest over these past couple of days. Some markets were open. This is the complexion of Global Markets as london against to come back from its turkey feast and its turkey slumber. We have the risk radar for you. This is the anxiety in the market. The man versus yield. This is u. S. Gg 3m. The debt ceiling anxiety is personified in the demand and cost of threemonth bills. 1. 445 . Thats the highest stop out rate since december 2008. But the bid to cover ratio has been the lowest since 2009. Do you want to because short if the wrangling continues . Some of the middle east markets open on christmas day. You have ulcer in the from a long weekend. Equity markets from a threeweek high. Equities, a little bit of gain. Australia flat after a fourday weekend. Oil is just coming back. This belies a much bigger move upwards in the price of oil. We had another outage. This time youre looking at oil at the highest level since mid 2015. Libya had a
Of those whove signed an open letter defending the right of men to make sexual advances. He was tipped to be the next Lewis Hamilton before a horrific accident had both his lower legs amputated. But billy monger is now getting back behind the wheel. What else am i going to do with my life . I want to do something positive that can get a good message to other people. Rescue workers in Southern California are searching for survivors after mudslides and flooding in which at least 13 people have died. Hundreds are reportedly trapped and the number of deaths is expected to rise. More than 160 people have been taken to hospital, and 50 people including small children have been rescued. Police have described the scene as looking like a world war one battlefield. 0ur north america correspondent, james cook reports from los angeles. The rains came suddenly just before dawn. Torrential and terrifying. They coursed over the slick, scorched earth, gathering speed until mud was roaring down to the
Artan. What a day we are having and what a week we have had. There is the stoxx 600 come up by 0. 1 . The best run since november 3. If we finish. 10 higher today, we finish higher for a second consecutive week. By 0. 7 , the highest level of the euro against the dollar since december of 2014. Chancellor merkel and the social democrats have reached an initial deal. We had the minutes from the ecbs meeting yesterday. They suggest they are ready to tweak their policy guidance. Hawkish comments this week from other ecb members. Throw in Economic Data and that is why the euro is moving higher. Highest level in five years. China today, saying it has imported a record amount last today, weoming up get calls from this man. We get his take on the latest news out of washington. Ellen zentner. Reporter export rose. 4. 5 . Growth slowed to trump is said to have decided to expand sanctions ran, leaving the 2015 Nuclear Accord intent. But the administration is preparing new sanctions over iran. The
Civil war, but the most private lives of his soldiers as well. As our first speaker amusingly calls it, the remarkable nightlife of civil war americans. What he is describing in that subtitle is their dreams. Not there conscious hopes, but their subconscious imaginings. And what they wrote home to describe in remembering what occurred during the precious hours during which the troops aged to catch the rest their rest in tents or in the field, drifting into dreams that expressed longing for home, their parents, their sweethearts, siblings, children and others, as you will hear. It is like our surveys. The other is the most intriguing. We all know how much lincoln loved shakespeare, including hamlet and its most famous be,oquy to be or not to even if he confided that he liked another soliloquy better. Within the poetry of course is this gorgeous and a telling phrase, to sleep perchance to dream. There is the rub, for in the dreams mayath, what come when we have shuffled off this mortal c
And the markets in europe are all higher on the day following a bumper session in asia. And working part time but shining all the time. Well speak one woman whose built a successfuljewellery business that counts the duchess of cambridge amongst its customers, despite only working part time. As weve been hearing, smartphone sales are in decline. Today we want to know have we reached peak smartphone. Why and when do you upgrade . Let us know just use bbcbizlive. Hello and welcome to business live. Many of you have been in touch already about smartphones, keep your comments coming in, we will share them later in the programme. Its shaping up to be another big week for brexit. In a few hours time, the leader of the labour opposition, jeremy corbyn, is set to increase the pressure on Prime Minister theresa may when he calls for the uk to have full tariff free access to European Union markets after brexit. In a speech, mr corbyn will call for the uk to stay in a Customs Union after brexit, w