Financial meltdown seven years ago, and who should have taken the fall. Corporations are legal fictions. They dont themselves take legal or illegal actions, its individuals who make those decisions and i would have preferred to have seen the strategy to determine who and what individuals were responsible. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by bnsf. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Support also comes from Carnegie Corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff the political bombshell burst at the u. S. Capitol, just after midday. House
About his new book, the Global Financial meltdown seven years ago, and who should have taken the fall. Corporations are legal fictions. They dont themselves take legal or illegal actions, its individuals who make those decisions and i would have preferred to have seen the strategy to determine who and what individuals were responsible. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by bnsf. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Support also comes from Carnegie Corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff the political bombshell burst at the u. S. Cap
With tom keene in new york. There has been a change in the landscape in the last two days. What i liked his we are going to talk to a smart set of people through all of surveillance this morning. They will join us later on radio. We have got doug of isi in this hour. And paul gate of Sanford Bernstein in our next hour. Smart experts on this commodity implosion. Guy setting you up for what is turned out to be an interesting tuesday morning. All those guys coming up. Lets get you the bloomberg news. Nejra thanks, guy. Chinas trade slump just keeps getting worse. Chinese exports fell in november for the fifth months in a row. And the drop in imports has now hit a record 13 months. The trade data comes a week after reports show chinas factory conditions fell to their weakest level in more than three years. For the first time authorities in beijing have raised an air pollution alert to the highest level. By one measure this mauga seven times the level considered dangerous to help it beijing
And government spending, offsetting a slowdown in exports. Of course, that is caused by the deteriorating global trade environment. That comes back to china. Ty a good explainer there but wow. What a story with Anglo American today. The last time Anglo American it scrapped its dividends was in 2009. Shares of 70 , today was not as. Ad, down by 11 but they are at a record low. They have sunk 70 this year. All of these Mining Companies are desperately trying to counter the slump in commodities, which as you know, they have slumped to the low was level since 1999. Anglo american is scrapping 85,000 jobs, two thirds of its workforce. Look at the shares, down by 11 . All of the miners are getting hammered today. An incredible story. We will have more on that in our bloomberg reporter in a little bit. Lets check the first word news. Courtney donohoe has more. Courtney we had two friends first. The rock band that was on stage the night the terrorists attacks in paris have returned. They made
The 25th anniversary of the fall of the berlin wall. The actual anniversary is on sunday, but celebrations are already under way with thousands pouring onto the streets of the german capital. Berlin is gearing up for anniversary celebrations. Over eight thousand balloons have been placed in areas where the wall once stood. They will be in the minute it over the weekend they will be in human aided they will be illuminated over the weekend. The Speaker Parliament was modest in his commemoration of this historic event. It often seems to us as if germany changed the world at the time, but a huge upheaval was under way in 1989 in many places , with parallel events that cause, promoted, or influenced each other. Without the peaceful protests berlin but across eastern in europe, the wall may never have been breached, and german reunification may never have happened. This veteran musician was also in parliament today. He was expelled from former communist east germany in 1976 for writing antig