Global Growth to Zero?
Airtime: Tues. Jul. 20 2010 | 11:14 AM ET
An influential Wall Street firm is warning world growth could go to zero if central banks and governments begin to pull back, with CNBC’s Steve Liesman.
Airtime: Tues. Jul. 20 2010 | 11:14 AM ET
An influential Wall Street firm is warning world growth could go to zero if central banks and governments begin to pull back, with CNBC’s Steve Liesman.
Markets are in the red after a wealth of disappointing data from pending home sales and ISM manufacturing, with Steven Ricchiuto, Mizuho Securities USA Inc. and John Canally, LPL Financial.
“The euro is a very credible currency, a currency that has a track record of keeping its value (and) is a major asset for investors,” ECB President Jean-Claude Trichet told CNBC after the central bank left interest rates on hold Thursday.
Richard Koh, executive chairman of Pan Asian Water Solutions, demonstrates a device which can transform air into water within seconds. He explains the various applications of this piece of technology to CNBC’s Sri Jegarajah.
Insight on a court ruling involving the Fed, with CNBC’s Steve Liesman.
The financial challenges states face could be the next systemic risk within the financial markets, according to Meredith Whitney, CEO of the Meredith Whitney Advisory Group.
Wynn Resorts expects the high-end gambling market to lead growth, contrary to what Macau rival SJM is predicting. Steve Wynn, chairman & CEO of Wynn Resorts, explains his views to CNBC’s Bernard Lo.