in hong kong, we will be watching china agriculture bank. e last of the five -- big five banks to report this week. the headline number looks pretty good, but once again, that is just .6% profit growth for chinese agriculture bank, the weekend -- the weakest in a decade. if that sounds familiar, it is the same we heard from all the other chinese banks to report this week. also out of china -- manufacturing and nonmanufacturing pmi for the month of march -- we expect to see a number of 49.3. improvements on the previous rate of 49. number, a number below 50 indicates construction -- contraction. well things are continuing to deteriorate, at least things are slowing down slower, if that makes sense. alix: yeah, it does. paul, there is important data out of japan today. paul: yeah, similar story here. we are excited to see manufacturing we can -- a read of 12 in the fourth quarter, expected to shrink to 5 in the first quarter, and similar for nonmanufacturing, weakness from 25 to 19 there. appreciation is weighing on corporate profits and it is

hamilton foresaw the country that would have traditional agriculture, but banks, cor porations, stock markets, manufacturing -- a country that looks very much like the country we have today. it was hamilton who was the prophet of america's future rather than jefferson when it came to the economy. ♪ charlie: what was washington's observation of both of them? saw verygton really quickly that they had opposing views. washington did not want to have monolithic ideas in his cabinet. he had extraordinary admiration for jefferson and hamilton. charlie: thought they were both necessary. >> and was slow to realize just how deep and bitter the animosity between them came. he was quite startled when he realized. it was all most pathological, the infighting between these two men. beappealed to both meant to civilized in the way they are treating each other, but by that point things had gone beyond. charlie: we are talking about people who are, at what age? washington? >> washington was a good 20 years older than hamilton. jefferson was 12 years older than hamilton. he was very young. >> hamilton

lending units for women in banking, for the commodity area, putting the ability to hedge agriculturalwith it. all of that sounds innovative within africa, and it is innovative for africa but it , exists. we all know how to do it in so many other banking markets around the world. bringing these techniques to africa is not difficult. it is a great opportunity of a public-private partnership. >> did capital markets take a long time to develop? they require a sovereign yield curve to start building a yield curve above the sovereign. if you look at the vast majority of countries in africa, the corporates are borrowing domestically and they are borrowing domestically in domestic markets in domestic currencies. only the multinationals who will be borrowing internationally required these yield curves. by far even in south africa has , the has a deep market, it is done in the bank market. erik: it takes an appetite for risk, but if you are hungry and patient enough, africa is a land of opportunity for business and investment. for bloomberg in cape town, south africa, i am erik schatzker. thank

a scandal at one of the country's leading banks and the failure of the department's agriculture initiative>> translation: economic asphyxiation is a powerful weapon but is being used by the regime to eliminate and destroy papers. today in an environment of extreme fragility, one has to be very courageous to public articles that might turn investors away. we here are in a unique situation. i don't think anyone here has tried to do what we're doing, which is a pay wall, an economic model based essentially on subscriptions. we've been on line for three months and are in a trial run. >> reporter: five years on from the uprising that sparked the king's new constitution, people are back on the streets. reporters are awaiting a press code. subversive media outlets are cut off streams and journalist are facing trials. the battle lines are still red >>> there are some news outlets trying to get past the red lives and the taboos. we mentioned the french language site launched and some of the stories it has broken. it has also been running an ongoing investigation into government internet surveillanc

jeffersonen foresaw an america that had traditional agriculture in small towns. hamilton saw banks, large cities, in other words, a country that looks very much like the country we inhabit today. signing it was likely hamilton who was the profit of america's future rather than jefferson when it came to the economy. >> rose: and what was washington's observessization of both -- observation of both of them? >> washington saw quickly they had opposing views. washington did not want monolisting views in his cabinet. he welcomed the interplay of ideas. he had respect for both of them and thought they were both necessary and spurred to realize how deep and bitter the animosity between them came. he was quite startled when he realized it was almost pathological, the infighting in washington's cabinet between these to men. and he appealed to both men to be civilized in the way that they were treating eacher, but by that point things had gone beyond -- >> rose: we're talking about who are at what age now? washington? >> washington was, you know, 25, 30 -- 20 years older han hamilton. jeffer

banks. their ceo says the idea came from baristas. u.s. department of agriculturestimates that 30 to 40% of america's food is wasted. >>> a reminder now. if you have a consumer problem or question, email our hotline or call the hotline at 888-5- helps-u. anderson valley brewing company is definitely a leader in the adoption of energy efficiency. pg&e is a strong supporter of solar energy we focus on helping our customers understand it and be able to apply it in the best way possible. not only is it good for the environment, it's good for the businesses' bottom line. these are our neighbors. these are the people that we work with. that matters to me. i have three children that are going to grow up here and i want them to be able to enjoy all the things that i was able to enjoy. together, we're building a better california. -lois pricese. [ifrom grocery outlet. - hi, it's... the rest of us! - hey there. - hi! - hey. loifor over 60 years now, grocery outlet has been selling the brands you know and love, for up to 60% less than what you'd pay at traditional grocery sto

banks across the nation. starbucks estimates that will equal five million meals this year. according to the u.s. department of agriculture 42% of america's food supply is wasted. >>> a new poll shows americans their information from hacker. only one in ten people consider security options such as encryption and pass code decryption to be the most important features when buying a smartphone. this comes after the government agreed to postpone the hearing of unlocking the apple phone of one of the san bernardino gunmen. >>> a new page on website welcomes visitors to the amazon cable store. you can find comcast bundles and dedicated service for amazon customers. comcast is the parent of nbc universal. >>> would you rather get an irs tattoo or pay your taxes? wallet hub conducted a national survey of a thousand taxpayer and asked that question. it found 27% of taxpayers could chose to get tattooedon the survey asked what d you rather do than prepare your tas? million said theywould rather laundry. >>ould rather do laundry anmy taxes, but hey. >>> here's a sty i love. neorles a rvw gaclg he a ss to chicken whenf d fr the erd i

bank barclays gives dividend cuts. the ceo says he is selling his agriculture division.t a 69% profits, while commodity prices drop. the slowdowns deepens. fresh figures from china point to a bad picture of the mark et. this is bloomberg "surveillance." tom keene is in d.c >. it

bank. ceo shuttle says the idea came from barista hyped the counter. u.s. department of agricultures much as 40 percent of america food supply is simply wasted. nearly 50 million americans at some point last year were unable or unsure of where the would get their next meal.so this could help. >> up next on 7 news at 9:00. celebration in cuba after president obama takes part in a little baseball diplomacy. >> that's right. coming up. bay area little leaguers who had their own havana moment. had their own havana moment. stay with so. >>> nothing like baseball to unite two cultures. >> true in so many ways. president obama and cuban president raul castro took in an exhibition game between tampa bay and the cuban national team. >> announcer captured the moment a wave hit. >> look at raul trying to follow. >>reporter: the game capped off the president's 48 hour visit to cuba. tampa bay ray won the game 4-1ism the president attendance was especially important for one group in oakland. >> we have more on the kid team that used payable to bridge a political divide. >> now please all reese f

bank to be split into two businesses. in a note issues last note analysts said the move could increase city shareholder value by 57%. city ended the day up a tick to 43.60. >>> the agriculture company in talks now with the chemical producer bcsf and bayer about transactions. talks with bayer are focused on joint ventures. mattress firm not to be confused with firm mattress missed estimates. the company issued earnings guidance and will replace the ceo who will become chairman and get a firm mattress. shares fell in after hours trading. they rose during the day. you can say they firmed up to 42.69. today marks the tenth anniversary for twitter. despite changes in management and a push on new features, the company still faces challenges opinion ten years later it's still looking for profit. it lost two million users during the end of 2015. shares flat at 16.89. they lost nearly two-thirds of their value and about a third below the initial offering price of $26 back in november of 2013. >>> as the presidential campaign heats up, one promise that almost every candidate makes is creating more manufacturing jobs. while everyone agrees more manufacturing positions would be great,

bank barclays gives dividend cuts. the ceo says he is selling his agriculture division. drop in post a 69% profits, while commodity prices drop. the slowdowns deepens. fresh figures from china point to a bad picture of the mark et. this is bloomberg "surveillance." tom keene is in d.c >. it is super tuesday but we have so many earnings out and the picture is not great. tom: an exceptionally slow day. the barclays story is important but super is the back drop in washington across the south this morning but we need to look at finance and investment. francine, what i am focused on more than anything is trying not to stay up too late to find out who won. francine: because you are expected to follow the market. breaking news out of the euro area. yesterday we had lower-than-expected inflation. today, unemployment overall is a little bit better than expected. that's just the latest in terms of breaking news. up,economy finances coming but first let's get straight to the first word news of caroline hyde. caroline: francine, thank you. presidential hopefuls -- the biggest day of

agriculture, the worst affected. why all this optimism? the optimism is pervasive. i invite you to go on the websites of any of the major un agencies of the world bank, major philanthropies, most of the major relief and development ngos of the world and many governments in the global south, the optimism is not restricted, it is quite widespread. there is an organization based in ghana which the former secretary-general of the united nations, kofi annan, is now the president, calls for a green revolution in africa. you are talking very smart people who think things are going to be steadily better, that these disasters are going to be averted. and that in the end we are going to come out with these goals of ending extreme poverty and hunger, the definition of extreme poverty is those making numb $1.25 a day or less income of an individual. there are probably 1 billion people like this in the world, one in seven of them. why shouldn't, if these regions, some of which are also the areas that have not begun what is called the demographic transition, that is to say falling birth rates that have coming many parts of the world, look at mexico, mexico is a v

banks set to arise -- to rise. a lot of publicity here. given australia's expensive housing market, but the concern is over corporate loans. paul: that is right. mining, agriculturalors the most aggressive by the survey, which sees the mount of money to reach $5.3 billion, the highest level in eight years. debtdy provisions for bad have been rising around the big four banks, 2.8 billion dollars combined, a 9.3% increase on 2014. the survey also found that corporate growth is expected to decline among three of the big four banks by 4.5% every year to 2018, and the cost of insuring debt has been rising steadily. despite that rather gloomy picture, shares in all for big banks have been rising steadily today. context, taking a beating over the past 12 months, always loved stocks on the asx 200, so investors seeing this is a good buying opportunity. rishaad: we heard on friday how the financial regulator is on a probe, now extending that to other banks. >> the story broke friday afternoon that the regulator will take anz to court, finding they manipulated the bank swap bill rate for 44 days between 2010-2012. fightnies it and will the charge. they are gathering phone r

people from agriculture to manufacturing in urbanization turninge is the lewis point in economics where that process no longer adds to aggregate productivity. for years, specialist at the world bank say the chinese are close to that point. productiveo could be in a modern factor has already moved. you had a huge wind at your act from exactly the process you were delineating over the past two decades. it is now dwindling in a makes growth harder. ons why growth has to focus technological innovation. the chinese have been investing a huge amount in higher education and sending people abroad. it's a different model. we have not discussed stability in people say all the reforms will not happen because they ultimately need growth for boom in sake for the employment and maintain social stability. does that hold any traction? >> i agree you need growth for social stability. we are debating how you get the growth. you cannot just get growth over two or three decades by saying we will have growth. do the hard things that will lead to the growth that reinforce the social side. vonnie: we are talking about more social safety nets? absolutely, when you can make the transition to high-quality

agricultural sector and i think they will go ahead and do that despite tpp. next, opportunities for dividend growth stocks. ♪ let's get to the morning meeting, where we hear what he banks blackrock manager is here with me now. tony, you believe dividend stocks that we are talking about an investment grade companies that are better investments than high-yield stocks, which have been all the rage and everything we are about. i do think it is better to go with investment grade stocks? we are invested in companies that pay the competitive dividend but sele providing dividend growth. if you think about that strategy, the yield on our fund is higher than the yield on the 10 year treasury today. provides a compelling opportunity. the treasury is fixed high-definition, whereas we see companies that could then income over time. matt: the spread is big. you expect investors to be able to earn mid to high single-digit returns. toynny: yes. matt: it is important to point out that you are not just looking at high-yielding stocks but you are looking for companies that will actually continue to raise their dividends. how do you find them? tony: that is right. in today's market, compa