Russia Needs a Crisis to Change: Roubini
It would take a sharp fall in the price of oil or another crisis to change Russia’s economic system for the long term, Nouriel Roubini, economist and New York University Professor, told CNBC Thursday.
It would take a sharp fall in the price of oil or another crisis to change Russia’s economic system for the long term, Nouriel Roubini, economist and New York University Professor, told CNBC Thursday.
There is an 80% or more chance the euro zone will lose members within the next two years, Erwin Grandinger from EPM Financial Services Group said citing the group’s clients. He added that part of the problem is having no direct communication between politicians and the markets.
Apple’s $50B cash stockpile has led many investors to ponder its next takeover move. Brian Marshall, of Gleacher & Co., and the “Fast Money” traders discuss whether Netflix could be the next strategic opportunity for Steve Jobs.
Toyota announced a fix for about 2.4 million of its 8 most popular models involved in a safety recall and sales and production suspension. Jim Lentz, president of Toyota U.S.A., discusses the fix with CNBC’s Phil LeBeau.
President Barack Obama discusses the jobs bill stuck in the Senate and why he believes it should be pushed through.
Jim Paulsen, of Wells Capital Management, shares his parting shots.
S&P Case Shiller Index: Home Prices Rise.