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Steps. Morgan stanley and wells fargo join european lenders in pledging to preserve jobs during the crisis. Deutsche bank says it will pause future cuts amid its restructuring. Welcome to bloomberg daybreak europe. U. S. Futures on the back foot today after the best threeday gain in mere nine decades for the s p 500. The dow is technically in a bull market but it is 25 below the february 12 record. In terms of asia, a mixed picture. Following that emergency 75 basis point cut by the bank of india. A big drop in industrial profits in china. That is the news overnight out of asia. The 10year treasury yeild slipped five basis points. Risk off coming back into these markets after the powerful risk rally. We ask the question whether it is a bear market after the devastating rest jobless claims numbers, so weakness in the dollar. The dollar is hedging for its biggest retreat since 2009. Gold has its biggest weekly advance since 2008 after the effects of the funding squeeze and oil heading fo ....
Locked in crisis. The start of an era that defines our message today. 19 said a big commitment to small steps december 23rd. Food prices and shortages are rising across Southern Africa. We will hear from the executive director of the World Food Program about how Climate Change is playing a role. Also on the show what to do with all that electronic waste take a look at the Processing Plant in cameroon. And the seedless lemon makes its debut in u. S. Grocery stores but will it have appeal. This is your business africa report im Stephen Beards of berlin thanks for joining us food prices are climbing fast in some of the worlds biggest emerging markets and S ....
Of the wall. To commerce for german unity journalist Peter Lynn Bork was at the scene. 30 years later looks back on the tightrope tristen. Starts december 19th on t. W. Extinct. Food prices and shortages are rising across Southern Africa well hear well hear from the executive director of the World Food Program about how Climate Change is playing a role. Also on the show what to do with all that electronic waste and take a look at the Processing Plant in cameroon. And the seedless lemon makes its debut in u. S. Grocery stores will it have appeal. This is your d. V. D. Business after report im Stephen Beards of blent thanks for joining us. Food prices ....