Oct. 12 (Bloomberg) — Kevin Hassett, director of economic policy studies at American Enterprise Institute, talks about Tuesday’s Bloomberg/Washington Post debate on the economy and the so-called Occupy Wall Street protests. Hassett speaks with Matt Miller on Bloomberg Television’s “Fast Forward.” (Source: Bloomberg)
Oct. 4 (Bloomberg) — Barry O’Leary, chief executive officer of IDA Ireland, discusses foreign investment in Ireland. He talks with Owen Thomas on Bloomberg Television’s “On the Move.” (Source: Bloomberg)
Oct. 3 (Bloomberg) — Neil Corney, head trader at the Tel Aviv unit of Citigroup Inc., talks about the performance of and outlook for Israeli stocks. He speaks from Tel Aviv with Francine Lacqua on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
US stocks down 0.8% Doubts return over Europe’s ability to Fix Euro debt crisis Division over new Greek debt writedown plan European Commission Against the plan Italy, Spain extended Short selling ban On Financial stocks Commodities slumping At their fastest rate Since the Lehman crisis Copper price fell 7.6%, Oil down 3.8% Gold fell 1.3% to US$1630 Worries about recession Weaker inflation view NZ$ fell to 77.7 USc
Sept. 15 (Bloomberg) — Doug Borthwick, managing director and head of FX trading at Faros Trading, and William Cohan, author of “Money and Power: How Goldman Sachs Came to Rule the World” and a Bloomberg View Columnist, talk about UBS AG’s $2 billion loss from unauthorized trading. Borthwick and Cohan also discuss Europe’s sovereign debt crisis.
Themajor US equity indices closed higher Tuesday despite continued concerns over Europe. German Chancellor Angela Merkel expressed optimism that Europe would resolve Finland’s objections to rescue measures for Greece. The Labor Department reported US import prices fell 0.4% in August, largely due to lower energy costs.
In today’s floor report Rebecca discusses the effect of the dismal Nonfarm Payroll report (net zero jobs created for August) and the continuing concerns in Europe.
BY KATIE BRENNAN You’re watching multisource world politics video news analysis from Newsy. Greece is still struggling to stay afloat in the European economy, but may pull out of the one plan in the works to keep it alive. The Financial Post explains… “Greece warned on Friday it may opt out of a debt swap crucial to its second international bailout if too few investors rally behind it raising the ante on the stricken country’s 150 billion euro ($215 billion) lifeline.” The swap requires investors to accept longer-dated plans than they had purchased, making it a little easier for Greece to repay the bonds. Greece said Friday– if its target percentage of private sector investors do not participate, it will walk away from the deal
PIMCO CEO Mohammad El-Erian says that Italy’s economy is in much better shape than Greece and Portugal.
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June 22 (Bloomberg) — David Blanchflower, a professor at Dartmouth College and Bloomberg Television contributing editor, discusses the prospects of a Greek default and the outlook for Federal Reserve monetary policy. Blanchflower speaks on Bloomberg Television’s “InBusiness with Margaret Brennan.” (Source: Bloomberg)