Russian Rates Cut Again
Airtime: Fri. Mar. 26 2010 |
Russia’s central bank cut its key interest rates by 25 basis points Friday. Jochen Wermuth from Wemuth Asset Management considers the outlook for the Russian economy.
Airtime: Fri. Mar. 26 2010 |
Russia’s central bank cut its key interest rates by 25 basis points Friday. Jochen Wermuth from Wemuth Asset Management considers the outlook for the Russian economy.
Michael Swenson, managing director in the structured products group at Goldman Sachs, delivers his opening statement before a Senate panel that alleges Goldman profited from the housing meltdown and made billions at the expense of clients.
The Fidelity China Special Situations Fund launched Monday and has managed to raise £460 million. Tom Stevenson from Fidelity told CNBC it was the biggest emerging market fund launch in the last 20 years.
The debt situation of Portugal is close to that of Spain so Spanish investors are in a tough position after the downgrade of Portugal, Pablo García from ODDO Securities told CNBC Thursday.
Top leaders of the G20 reaching an agreement on common goals for deficit and debt reduction, with Robert Kimmitt, former deputy treasury secretary and John Engler, former Michigan governor.
SEC Chairman Mary Schapiro discusses actions the agency is considering to prevent market drops like the one that happened last week.
The world is doomed because the governments are taking over and will bankrupt us, says Marc Faber, editor & publisher at The Gloom, Boom & Doom Report. He also tells co-guest host Michael Yoshikami, founder, president and chief investment strategist at YCMNet Advisor, CNBC’s Bernard Lo and Karen Tso, that the Goldman fraud case was mainly political.