The World’s Unemployed
Airtime: Mon. Sept. 13 2010 | 2:00 AM ET
There are over 210 million people unemployed across the globe which is an increase of 30 million since 2007, Juan Somavia, director general of the ILO, told CNBC.
Airtime: Mon. Sept. 13 2010 | 2:00 AM ET
There are over 210 million people unemployed across the globe which is an increase of 30 million since 2007, Juan Somavia, director general of the ILO, told CNBC.
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.
Mohamed El-Erian, CEO and and co-CIO of Pimco, discusses the Fed’s “new normal” with CNBC.
Discussing the risk of global currency wars, with Christian Carillo, head of Asia-Pacific interest rate strategy at Societe Generale Corporate & investment Banking. He tells CNBC’s Karen Tso and Sri Jegarajah, that with economies underperforming, domestic political pressures will increase for measures that will not be beneficial to anyone.
President Barack Obama signs the jobs bill, which is supposed to give payroll tax breaks to businesses that hire the unemployed.
CNBC’s Larry Kudlow discusses his one on one interview with Treasury Secretary Timothy Geithner.
Insight on the Federal Reserve, with Randall Kroszner, former Federal Reserve Board governor and professor at University of Chicago Booth School of Business.