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10 things you need to know before European markets open

10 things you need to know before European markets open

cold soldiers

REUTERS/China Daily CHINA

New recruit People's Liberation Army (PLA) soldiers stand in formation during a training session in cold winter temperatures at a military base in Heihe, Heilongjiang province, China, November 29, 2015. Local temperatures reached minus 20 degrees Celsius (-4 degrees Fahrenheit) on Sunday.

Good morning! Here's what you need to know.

VW sales are plunging. The German automaker reported that November US sales fell almost 25% from a year ago. $4

Poland is paying for new babies. The government approved a program under which families will get monthly bonuses of 500 zlotys ($124) for every child beyond the first. $4

Brazil's economy is disintegrating. Gross domestic product fell by 4.5% in the third quarter compared with the same time frame last year, the country's statistics bureau reported. $4

Belarus is asking for a loan. Belarus said it is seeking a $3 billion loan for 10 years from the International Monetary Fund and is considering some economic reforms in return. President Alexander Lukashenko, who has ruled Belarus since 1994, said at a government meeting that an IMF loan offered better value than any alternative, $4

US construction spending hit an eight-year high. The Commerce Department said that construction spending rose 1% in October from the previous month to a seasonally adjusted annual rate of more than $1.1 trillion.$4

Montenegro could become NATO's newest member. Foreign ministers from NATO countries were expected to invite Montenegro to join the military alliance despite Russia's objection to the move. This is the latest sign of discord between the West and Moscow$4

Fiat Chrysler sales are booming. The company's sales rose 3% last month. Jeep sales jumped 20% for the month, making up for lower sales for the Dodge, Chrysler and Fiat brands.$4

S&P cut VW's credit rating. Standard and Poor's cut its credit rating for German automaker Volkswagen for a second time in two months, saying its emissions scandal had $4

French voters trust Hollande more since the Paris attacks. Trust in Hollande jumped from 15% in November to 35% in December, $4

Mark Zuckerberg will give away almost all of his Facebook shares. Along with his daughter's birth, Mark Zuckerberg announced that he will give away 99% of his Facebook shares, valued at around $45 billion, $4

NOW WATCH: $4

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