Lead is in brussels for a summit turkey is top of the agenda g. 2 would stand off with grace and cyprus that exploratory drilling in the Eastern Mediterranean today talks will also address a delay on imposing a use sanctions on deliberate choice. The Spanish Government has imposed more lockdown measures on the capital madrid after a surge in corona virus cases people are only allowed to leave home for essential zing clothing work and Shopping Trips and restaurants will also close early and reduce even capacity by 50 percent. This is the news from berlin you can follow us on twitter and instagram at t w news or visit our website at stade dot com. It is a divorce that may have to be settled in court today the European Union began legal action against the u. K. Accusing the British Government of violating the brics it Withdrawal Agreement and british lawmakers admit they are guilty as charged a bill is moving through parliament that would a well the u. K. To change unilaterally the bright
Ecb prepares to deliver its latest policy decision. Jamie dimon found a pessimistic about the future of europe. The eurozone may not survive. That is a very complex thing. That is a pessimistic view of europe. Pessimistic,term yes. Unless they change. Francine good morning. This is bloomberg surveillance. Im Francine Lacqua in davos or the World Economic forum. We are in today three. Tomorrow, we are live from the forum. A whole host of interviews coming up later today on piereillance including carlo padoan and Goldman Sachs ceo Lloyd Blankfein. Lets get straight to the bloomberg first word news. Heres sebastian salek. Sebastian the chair of the u. S. Federal reserve said the u. S. Economy is close to the Central Banks objective of full employment and stable prices. Janet yellen also said she is confident it will continue to improve and it makes sense to gradually reduce Monetary Policy support. As of last month, i am most of my colleagues, the other members of the fed or in washington
Barclays is prepared to pay that price. We wanted to be treated fairly. The ceo of deutsche bank, john cryan, refuses to rule out the need more more capital but says he is comfortable after a hefty legal bill to the doj. Ive been in there role before. It remains to be seen what those uncertainties are for us. Wilbur ross stokes the trade war fire, branding china the most protectionist major economy in the world. We talk about the president elects plan to dismantle nato with the secretary gem. And ready to take off. Shares in Zodiac Aerospace takes off after safran agrees to buy them for 9 billion. A warm welcome to street signs. We are talking banks this morning. Let me start with the top story, thats barclays in focus. Barclays is one European Bank yet to reach a settlement with the department of justice over the misselling of Mortgage Backed securities ahead of the final crisis. Cnbc spoke to the ceo, je jes staley. We believe the banks need to atone for mistakes and transgressions.
Chancellor merkels announcement on sunday that she is prepared to stand for a fourth term surprised nobody as the likelihood has been speculated over and talked up for weeks, so much so that mrs. Merkel had to talk down expectations in her announcement. Let us take a listen. Mrs. Merkel under the circumstances, i am ready to stand for reelection. I have also said the following clearly. After the Election Results in the United States, there have been statements aout how much depends on me now. That is an honor, but i find it bizarre and bordering on the absurd. No one person, no matter how experienced, can singlehandedly forced the situation to change for the better. In germany, in europe, the world, and certainly the german chancellor cannot either. Anne Angela Merkel decision has been subject to speculation at the highest level. U. S. President barack obama said he would vote for her if he had the right. Merkels announcement is the opening salvo in the runup to germany from election a
Dogs. Go pro video shows what deputies walked into today, a home in nasty condition, dozens of dogs stacked inside many covered in their own feces. Two owners were keeping nearly 100 animals of several different species. I thought she had 15 dogs in the backyard running around. Reporter alex who lives next door was fall off. Giant boa constrictors, bearded dragon, many species. The Sheriffs Department discovering what they call the biggest and most bizarre case of animal cruelty, bizarre because of what was found inside. Deputies spent six hours pulling out animals. What they are doing is raising these animals to sell to pet stores. Weird behavior. They blacked out their windows and they never came out that often except for work. Reporter were told the trash that piled outside of the home, which was several bags, i counted more than a dozen posed an issue for neighbors who said they had to put rat traps outside of their home. As for the animals taking out of the home, it they will be t