Europe Approves $40B Rescue Package for Greece
Airtime: Mon. Apr. 12 2010 | 6:25 AM ET
Euro zone finance ministers approved a $40 billion emergency aid mechanism for debt-plagued Greece. The CNBC news team has the full story.
Airtime: Mon. Apr. 12 2010 | 6:25 AM ET
Euro zone finance ministers approved a $40 billion emergency aid mechanism for debt-plagued Greece. The CNBC news team has the full story.
Airtime: Tues. Feb. 9 2010 | 1:49 PM ET
Warren Buffett and former Treasury Secretary Hank Paulson discuss former President Bush and his reaction to the financial crisis.
The level of compliance to oil quotas among OPEC members has been sinking in recent months. OPEC compliance is now a cause for concern, HE Abdalla Salem El Badri, secretary general of OPEC, told CNBC Wednesday. El Badri added that OPEC is seeing strong demand growth from China and India.
North Korea is severing ties with South Korea in response to sanctions handed down, and the escalating tension is adding another layer of fear to the global markets. NBC’s Jim Miklaszewski has the details.
It is not too late to get into stocks if investors have a 6-month outlook, Peter Morici from University Of Maryland Smith School Of Business told CNBC Thursday. Justin Urquhart Stewart from Seven Investment Management joined the discussion.
The long-term chart for the euro suggests it will go “much lower” versus the dollar and could fall toward $0.90, which is the lows of 2000/2001, Mark Sturdy from Seven Days Ahead told CNBC Wednesday. Sturdy also takes a technical look at the pound.
Robert Weissenstein, CIO at Credit Suisse Private Banking Americas, tells CNBC volume has made the rally more viable.