new european central bank president christine lagarde added her signature to euro bank notes on wednesday ceremony is 1st task for the position the new bills are set to enter circulation next year the guard said her autograph represents a promise to watch over european stability. twitter will begin to leaving accounts that have been inactive for more than 6 months companies that warning emails users if they want to keep their handles they'll have to log in before december 11th twitter didn't say how many accounts at the criteria although it is expected to be in the millions. now some people receive puppies as christmas gifts others give gifts to their puppies and that's led to niche businesses in some corners of the world like in west hollywood where clothing for dogs tends to get a little pricey. this is where the best dressed dogs in america come to be fitted out for the holiday season the designs in this hollywood boutique seem to keep fido with his friends hopping but the prices well some would have to work like a dog to afford them this marie antoinette style dog dress sells for $120

new european central bank president christine legarde added her signature to euro bank notes on wednesdaya certain bonus 1st task for the position the new bills are set to enter circulation next year god said her autograph represents the promise to watch over european stability. people are getting older which is good news but when societies age the need for medical care rises and that can become a problem germany is a case in point a country faces and the alarming shortage of qualified nurses that's why the government has introduced a scheme called professionals in germany to attract suitable personnel from abroad and that number is one of the key hunting grounds for future nurses and caris. it's monday morning in the neurological ward of the rostock university hospital. and the 2 apprentices to do on t. quinn who are helping a patient both of already completed training as nurses in their home country of vietnam. nevertheless much is new to them. and during my training in vietnam i gave injections are put in drips but washing patients or giving them food was done by other workers. in germ

the program all eyes are on the european banking congress in frankfurt today the continent's financial policymakers come together to find out what the new european central bank chief has in store for senior guard is expected to make an appeal for unity following the strong disagreements over policy under her predecessor but she's not expected to announce any changes to the 0 interest rate policy of the european central bank for no isa b. has kept its key interest rate at the record low of 0.0 per cent for more than 3 years. financial correspondent on advice is covering this meeting for us. on. how happy are the heads of the financial world that are gathering there and frankly how happy are they to see christine legarde and would they wish for somebody else with a different set of monetary policies. but actually i think the planets industry does not not like christine legarde so to say because she's known as being quite pragmatic she's not a monetary policy often dogs so meaning that she understands the financial industry she's very of all connected in it and so i guess of course but bangs and the pension fund and insurance companies don't like the monet

the eurozone needs to create more economic growth at home that's the message the new european central bank president is in law god today at the european banking congress in frankfurt she called on euro zone governments to strengthen domestic demand and to end quote a decade of export driven growth largely led by germany god said european countries should innovate and invest more to support growth at a time of global uncertainty the 1st major policy speech as president of the e.c.b. . use less plastic that's a demand by many environmentalist plastic in our oceans is a major threat to marine life now one results for the colleges to come up with a creative and harmless way to combine plastic rubbish and the sea. a treasure island but not as you know it this floating paradise parks not with gold plastic. 700000 pieces of these bottles are bringing buoyancy with it the creation of this french entrepreneur who wanted a way to turn waste into one. i was studying here and people from the marina were all on the edge and so that's how i discovered the lagoon and its advantages and its disadvantages

new european central bank president christine legarde added a signature to the euro banks notes on wednesday is ceremonious 1st task for the position the new bills to enter circulation next year said autograph represents a promise to watch over european stability. germany's deutsche bank has reportedly sold about $50000000000.00 worth of unwanted assets to the goldman sachs group both companies have declined to comment on the huge deal the transaction is part of george's scheme to reinvent itself parity by unloading businesses where it can no longer compete. people are getting older which is good but older people usually need more medical care and that could be a problem here in germany over the next decades the country faces an alarming shortage of qualified nurses and that is why the economics ministry has introduced a scheme called professionals in germany to attract suitable personnel from abroad including vietnam. it's monday morning in the neurological ward of the rostock university hospital. and there are 2 apprentices to do until quinn are helping a patient both have already complete

you for the eurozone needs to creates more economic growth at home that's the message the new european central bank president christine lagarde today at the european banking congress in frankfurt germany she called on eurozone and governments to strengthen domestic demand and to end a decade of export driven growth largely led by germany but god said european countries should quote innovate and invest more to support growth time of global uncertainty it was her 1st major policy speech as the president of the e.c.b. . and now to some of the other business stories making headlines today a chinese national who work for one some talk before it was taken over by by a has been arrested in the u.s. ease accused of stealing trade secrets from the american company for the chinese government. to make a victoria's secret has canceled its annual fashion show and it falling ratings and criticism of the event that the event is all dated the show has typically featured top supermodels but last year it had its lowest ever ratings. an international charity is selling lottery tickets for $100.00 euros each with a ch

the euro zone needs to create more economic growth at home that's the message of the new european central bank president forseen la garde. she today convened at the european banking congress with europe's financial elite she called on euro zone governments to strengthen the midst of demand and extending a decade of growth driven export driven growth margin that by germany is the guard said european countries should innovate and invest more to the most at a time of global uncertainty was the 1st major policy speech as president of the european central bank. correspondent unadvised brown is covering this meeting for us and that is this is not the 1st time that christina guard has called on germany in particular to help spend the euro zone's way out of economic difficulty how's that going down with financial leaders in our audience. well actually financial leaders most of that natalie's they do support the fact that one should use the fiscal space individual. countries have in order to boost economic growth because clearly a booming economy is also good for the financial sector and i think that's

it's day one for the new chief of the european central bank but it will probably be the start of a new era christine legarde has little choice but to continue on mario drug use because of loose monetary policy she promises she'll listen to the markets and to the people. and yummy insects prove it hit as a snack in thailand right silk worms anyone. and how to be good at south african health insurer tracks customers lifestyles via their smartphone and office rewards for every visit to the gym. business d w business i'm down to office welcome from today the european central bank has a new boss christine lagarde no stranger to international finance the former head of the international monetary fund at the helm of one of the world's most important central banks finds herself in a difficult situation and many expect she will continue maya drugs cause of highly we did see and super low interest rates but that won't please everyone. the new head of the european central bank hasn't given too much away about how she intends to proceed in her new job but she has given some indication of what she

the new head of the european central bank hasn't given too much away about how she intends to proceed in her new job but she has given some indication of what she thinks the institution needs to do the zeevi needs to listen to understand markets need not be guided by market but it certainly needs to listen and understand but it also needs to listen and understand people because a currency is after all a public good that belongs to the people we can go it is widely expected to maintain the loose monetary policy spearheaded by her predecessor mario draghi the combination of super low interest rates and a massive bond buying program help stabilize some of the euro zone's weakest and most indebted economies in the wake of the financial crisis but those policies have of course been bad news for savers who feel there is no longer an incentive to park their money in the bank and fear they could soon be even punished for doing so christine legarde previously served as finance minister of france before taking over as the head of the international monetary fund both jobs demanded some degree of

the new head of the european central bank hasn't given too much away about how she intends to proceed in her new job but she has given some indication of what she thinks the institution needs to do the z.b. needs to listen to understand markets need not be guided by market but is certain is to listen and understand but it also needs to listen and understand the people. because a currency is off the role of public good that belongs to the people we can let go and is widely expected to maintain the loose monetary policy spearheaded by her predecessor mario draghi the combination of super low interest rates and a massive bond buying program helped stabilize some of the euro zone's weakest and most indebted economies in the wake of the financial crisis but those policies have of course been bad news for savers who feel there is no longer an incentive to park their money in the bank and fear they could soon be even punished for doing so christine legarde previously served as finance minister of france before taking over as the head of the international monetary fund both jobs demanded some

lauren: the new european central bank head christine lagarde is speaking and in europe stocks up acrossoard. cheryl: we start this morning with china, they are vowing to retaliate if necessary as they work to reach a trade deal with the united states. that statement from president xi-jinping coming one day after china invited u.s. trade officials to beijing for a new round of trade talks. xi added that china has a positive attitude about the negotiations. talks reportedly hit a snag over purchases of u.s. farm products and when the u.s. would lift tariffs on chinese imports. an official at the u.s. chamber of commerce said a phase one deal may not be signed before a new set of tariffs on chinese goods takes effect in mid-december. a lot of back and forth with that breaking news. lauren: the markets respond when it comes to china. progress on a trade deal could be complicated by a bill approved in congress that supports the human rights and the pro-democracy protesters in hong kong. prprotesters are calling on president trump to sign this bipartisan letter. lawmakers claim he has been fa

new report. that's up 150% on the whole of last year. the european central banklooking into launching its own digital currency to provide an alternative to existing systems — and to stop europe falling behind the us and china in the global payments market. it's been spurred in part by facebook‘s plan to launch a digital currency, libra, for its almost 2.5 billion users. the idea has rung alarm bells with governments and central bankers, as a potential threat to global financial stability. and that has seen high profile backers including visa and mastercard walk away. the world's biggest cryptocurrency, bitcoin, has been incredibly volatile. it surged earlier this year, but has since lost more than half its value over the past four months. on wednesday it slumped a further 10% after china's central bank launched a fresh crackdown on cryptocurrencies, warning of the risks surrounding them. it echoed a warning by the us treasury secretary 00:02:09,883 --> 4294966103:13:29,430 earlier this year. the treasury department has expressed very serious concerns that liberal

a new heads at the european central bank but is it just business as usual christine legarde has given her 1st official speech as he sees the president acela mittal is closing a steel plant in south africa thousands more names could be added to the country's already overlong joblessness. and the v. is for victory airbus has what it hopes is a winning idea to save fuel inspired by migrating birds. this is d.w. business i am rob what's in berlin welcome along christine legarde has used her very 1st official speech as president of the european central bank to put yet more pressure on wealthy euro zone countries to spend spend spend she told delegates in frankfurt that better targeted investment would be key to facing the region's challenges and urged them to create a greener more modern europe. a fresh face for the cameras but the message from christine lagarde was much the same as her predecessors it will be up to the eurozone members with the means to do it to help spend the region away from a possible recession. investment is a particularly important part of the response to today's cha

a new head of the european central bank but is it just business as usual christine legarde has given her 1st official speech of his e.c.b. president breathing space for south african airways the carrier and trade unions have agreed a deal to end an 8 day strike. and v is 1st victory of us has what it hopes is a winning idea to save fuel inspired by migrating birds.

reporter: the new head of european central bank has not given much away about how she intends to proceedbut she has given some indication what she thinks the institution needs to do. >> the ecb needs to listen to and understand markets. need not be guided by market but needs to listen and understand. but it also needs to understand the people, because the currency is a public good that belongs to ththe people.. wewe can work -- reporter: she is expected to maintain the loose p policy spearheaded by mario draghi. the combination of super low interest rates and a massive bond buying program stabilize the e eurozone's weakest and indebted economies in the wake of the crisis. those policies have been bad news for savers who feel there is no longer an incentive to park their money in the bank and fear they could be punished for doing so. christine lagarde served as finance minister of france before taking over as the head of the international monetary fund. they demanded crisis management. experience which could come in handy in her new job. phil: our financial correspondent in frankfurt told

. >> i also asked if christine lagarde, the new president of the european central bank should focus on new financial instruments. he believes lagarde should take time to watch, look and understand let's pay attention to the lender i know you are very interested in the numbers let me give you a summary in the performance. french retail as well as international retail saw a slight drop from last year it was really investment banking that was a big drag in the third quarter results with net income down more than 26% >> thank you very interesting interview as he told you, they are indeed an equity business bank. down 26% so probably not a good signal for other banks out there. >>> coming up next, we'll hear from mozilla chairmanwoman back in a couple of minutes. fun fact: 1 in 4 of us millennials have debt we might die with. and most of that debt is actually from credit cards. it's just not right. but with sofi, you can get your credit cards right, by consolidating your credit card debt into one monthly payment. you can get your interest rate right by locking in a fixed low rate today. and

our financial correspondent in frankfurt chelsea delaney told us what the european central bank's new baugh's should expect from the job. that you think it's really going to try to sort of cope. with and the governing council goes with a lot of. things. here . before that you would like to do a comprehensive review of the. which you haven't done and about. getting clues looking out on the negative. things. i think she's also going to continue on the. markets are going to really start to try and get countries like germany. to do more in terms of. a lot of. these countries that are already spending as much as they can but i think that's where the markets are really looking her her diplomatic our political really hope her do something that markets are really was able to. bring to your reporting from frankfurt. now it all started with a protest over rising subway fare now chile is in the grip of violent demonstrations about the entire economic system the grievances include the rising cost of higher education health care transportation as well as the small pensions of retirees the protests

it's day one for the new chief of the european central bank but it will hardly be the start of a new era christina god has little choice but to continue america drug use course of loose monetary policy but she promises to listen to the markets and to the people. and the akio yummy insects prove it hit the smack and talat right still warms anyone. and.

the european central bank's new president is pushing for tackling climate change to be part ofa tacklinge part of a strategic review of its aims. the plan underlines christine lagarde's goal of making the issue a, quote, mission—critical priority for the bank. jack dorsey has tweeted said to be leaving the continent for now. africa will define the future, especially the bitcoin one. not sure where, yet, but i will be living here for 3— six months mid 2020. grateful i was able to experience a small part. and that is how he ended his twitter is how he ended his to experience a small part. and that is how he ended his twitter message. let's have a quick look now at the markets. as you can see, basically the hang seng index with that signing of legislation by donald trump, which benefits the hong kong democracy protesters, down by 0.7%. virtually unchanged for the nikkei. the all ordinaries up to 0.3%. thank you so much for investing your time with us. i am rico hizon. sport todayis with us. i am rico hizon. sport today is coming up next. this is bbc news. the top stories this hour: defying

the new president of the european central bank calling for a new policy to make sure europe's economyit was christine lagarde's first major speech since taking over. >> the first is monetary policy. it is my area of responsibility. it will undergo a strategic review due to begin in the near future. >> she also said higher investment is crucial. global news 24 hours a day, on the air at tictoc, on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. francine: thank you so much. this is what we are looking at in your markets. a little bit of optimism. the latest in u.s.-china trade. lagarde urging a new policy. some traders have written in and said this is more of the same. higher.es are turning i am in china and a have to go to dinner and spend money. lisa: i am looking at the positive tone. you are seeing a little bit of a lift. a dip.aking this comes amidst a slew of data in the united states. the dollar.ning on francine: thank you so much. i think we are looking at a chart. lisa: one thing i am looking at his we are seeing better

billion in the first nine months of the year, according to a new report — that's up 150% on the whole of last year. the european central bank organisation looking into launching its own digital currency to stop europe falling behind the us and china in the global payments market. it's been spurred in part by facebook‘s plan to launch a digital currency — libra — for its almost 2.5 billion users. the idea has rung alarm bells with governments and central bankers — as a potential threat to global financial stability, and that has seen high profile backers — including visa and mastercard — walk away. meanwhile, the world's biggest cryptocurrency — bitcoin — remains incredibly volatile. on wednesday it slumped a further 10% after china's central bank launched a fresh crackdown on cryptocurrencies. nathalie oestmann is chief operating officer of the uk digital banking platform. we have been talking about a cashless society. does this move mean we are getting closer to getting rid of physical currencies? there is a trend towards cashless. we have traditional forms for payments that are digital like a payments that are digital lik

jason: coming up, the new era about to begin the european central bank thanks to christine lagarde.ol: she enters at a time when her leadership skills are being put to the test. this is bloomberg businessweek. ♪ jason: welcome back to bloomberg businessweek. carol: you can also listen to us on the radio on sirius xm channel 119 and am in new york, , d.c.m in washington jason: and through the bloomberg business app. carol: this week, christine lagarde took over as the european central bank, its first female leader. she inherits a few things from mario draghi, her predecessor. many before her did not have. jason: they laid a in her trailblazing career and an important story because it will set the tone for the european economy. in frankfurt with her story you can find online. guest: she has a lot of challenges to tackle. she takes over the ecb at a time when the economy is not doing really well. we are in a slowdown. germany, the largest economy in the region probably is already in recession. inflation is very low. monetary policy at the ecb is very expansionary. there is quite a big

francine: many market participants, in addition to the new president of the european central bank, haven urging germany to do more in terms of opening the purse strings and doing more fiscal spending. number today point to the fact germany can loosen the purse strings? clemens: i think it doesn't. we have some stabilization, we do have growth. it is mostlys coming from the outside, from exports, which are weak. what the government do with traditional fiscal stimulus policy is difficult. i think structural policies are more important. improved investment conditions in germany are in the long-term, if you imagine increasing fiscal spending on infrastructure at the moment with the construction sector, which runs at full capacity, it is difficult. we need a more medium-term perspective and do the right thing in the medium-term. francine: you also have a weak coalition politically. how difficult is it to get reform through when politics are rocky? clemens: that certainly is a challenge. the political parties forming the coalition at the moment are mostly worrying about themselves. the social

new york central bank president christine lagarde signature to euro bond on wednesday ceremonious 1st task for the position the new bills are set to enter circulation next year. autograph represents a promise to watch over european stability. more than a 1000 tractors are blocking roads in paris french farmers are protesting against government policies and international trade agreements they say e.u. trade deals with south american countries will usher in cheaper lower quality agricultural goods resentment among farmers has been growing over issues ranging from pesticides to animal tree. now this week could be crucial for the future of europe's space missions the ministers of the member states of the european space agency meet in spain to discuss how much they want to invest in what kind of projects high on the agenda is the new launch vehicle ariana 6 which cost around $3.00 and a half 1000000000 euros to develop but it will it make european space launches more profitable kellett compete with the rockets of private space entrepreneurs like musk just or richard branson. europe's new space shuttle is launching into a fiercely competitive market with new financially powerful rifles and it's a biased contest the ch

banking voices on the impact of negative rates from the last week of earnings. toa, subzero rates continue bite some lenders. today sees a new era began at the european centralk. christine lagarde is now the president of the ecb and the first woman to hold the position, and despite a glowing resume, she faces a lot of challenges as she inherits a dismal economic outlook, negative interest rates, looking at fiscal spending, a governing council that seems pretty split. joining us now is a senior multi-asset strategist, steven fixed global ahead of income at hsbc. he is still with us. what do you think christine lagarde's first task should be? task would be to press the case for more fiscal stimulus, or fiscal stimulus to take on more of a role in helping the euro zone in this slump, and i think she would be focused on that. on the monetary policy front, she will not upset the apple cart. with thee, she will go council recommendation. it would not be much of a change. your thoughtsven, on what christine lagarde would have to do, and there was a lot of talk about the tier system that mario draghi put in place. withn: they will continue the same policies. so much

new york. it will be hong kong's biggest share sale since 2010. the european central bank effects from its own loose monetary policy. a new report highlighting how years of unprecedented stimulus could lead to financial instability. the ecb saying low interest rates have encouraged excessive risk-taking by investment funds and insurers. that is your bloomberg business flash. alix: thanks so much. what i was really struck with is how much they didn't say about climate change. brooke: especially in europe, where this is a much more consensus view, that people are very concerned about the climate. you had protesters jump on top of airplanes to stop them from taking off. for the ecb not to acknowledge that seems like an omission. there's beens like when you have a narrative in the market that the ecb could actually go in and buy green bonds to develop that market, you have bank of england governor mark carney saying this is a material risk to future growth, and they are like, yeah. brooke: progress has been made. alix: and companies have been doing stuff. easyjet is going to b

and we begin with well we told you so european central bank president christine lagarde is making headlines friday as she calls for a new policy mix in europe just like. we told you that she would as we reported the guard who has just taken over the top job at the e.c.b. has indicated that she would actually use the central bank though to push political policy in her 1st policy speech since taking over le guard says that the eurozone needs to create more of its economic growth at home as if it is to withstand the weakness abroad she says and become more balanced internally and that's what you'd likely expect her to say right but where things become much more political is with regard also said that european governments should boost public investment there are some concerns that the guard will actually use her position to push for political positions that she once taken by european governments in her speech the girl went on to say quote we have a unique possibility to respond to a changing and challenging world by investing in our future strengthening our common institutions and empowering the world's 2nd largest economy.

su: the european central bank meanwhile enters the lagarde era monday when the new president they serve first public policy address. christine lagarde will speak in berlin at a time when ecb policy makers are split over stimulus plans with the eurozone economy teetering on the edge of recession. analysts expect her to call on governments to do more to boost demand and left growth and low inflation. -- left growth and low inflation. pollution in new delhi officials say should be treated as a public out emergency. the air quality index rose to 744 on the weekend according to the website monitor air visual. 50 is in a safe any reading about 300 is regarded as hazardous. the toxicity is blamed on a range of factors, including construction dust agricultural burning and auto emissions. global news 24 hours a day and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am su keenan. this is bloomberg. haidi: the u.s. and china say they are close to agreeing to the first part of a trade deal. commerce secretary wilbur ross buckets with lead to bro

new zealand central bank. we are expecting weakness to come through into europe. european open is up next.s is bloomberg. ♪ anna: one minute to go until the start of cash equity trading. a couple of factors the stabilizing things for the market. one is the ongoing tension and disruption on the streets of hong kong. 2%are down today nearly after dropping 3% monday. we did not get a cut in interest rates in new zealand. we saw the news even currency heading higher. s&p futures suggesting we will see weakness at the start of the trading day as we factor in destabilizing factors. president trump said a deal could come soon, but he also said there is a probability that tariffs could go substantially higher. expected toures give us a negative start to the european trading day. european markets expecting to see some red. 0.3% straightown out of the block. we have the british pound fairly flat. recent polling data suggested boris johnson and the conservative party is increasing their lead over others, with the brexit party dropping back. that is one of many polls conducted at this point. the spani

and we begin with well we told you so european central bank president christine lagarde is making headlines friday as she calls for a new policy mix in europe just like we told you that she would as we reported the guard who has just taken over the top job at the e.c.b. has indicated that she would actually use the central bank though to push political policy in her 1st policy speech since taking over le guard says that the eurozone needs to create more of its economic growth at home as if it is to withstand the weakness abroad she says and become more balanced internally and that's what you'd likely expect her to say right but where things become much more political is when the guard also said that european. governments should boost public investment there are some concerns that the guard will actually use her position to push for political positions that she once taken by european governments in her speech the girl went on to say quote we have a unique possibility to respond to a changing and challenging world by investing in our future strengthening our common institutions and empowering the world's 2nd largest econo