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.

“The bond vigilantes are one by one picking off the weakest countries starting with Greece,” Neil Michael from London & Capital told CNBC Wednesday. The “vigilantes” are telling governments to “get a grip of their public finances,” he added.

A slowdown in China’s economy will have a smaller impact on Asia than a slowdown in the euro zone, says Dominique Dwor-Frecaut, macro strategist from Royal Bank of Scotland. She speaks with CNBC’s Chloe Cho and Anna Edwards about why she believes we are in the early stages of the global financial crisis.

The $100 Singapore levy will not turn our customers away, says Sheldon Adelson, chairman & CEO of Las Vegas Sands. He explains why and tells CNBC’s Christine Tan that the company is projecting over $1 billion in annual earnings when the resort is fully operational.

Concluding thoughts on the market and economy, with Tony Crescenzi, PIMCO.

Fed Chairman Ben Bernanke discusses “too big to fail” and Lehman Brothers on Capitol Hill.

Slowing growth in China is raising questions of a possible policy change from the central government. Insight from Qian Wang, JPMorgan chief China economist.