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.
Hungary is definitely not in the same position on its debt as Greece, Economy Minister Gyorgy Matolcsy told CNBC. The new government will keep the budget deficit at 3.8 percent of gross domestic product, Matolcsy pledged.
“The Bailout Boys” is an animated video featuring former US Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke.
The German cabinet approved a draft bill to ban naked short selling of euro zone government bonds and German shares Wednesday, but an outright ban has been postponed. Rüdiger von Rosen from Deutsches Aktieninstitut said that investors are responsible for their judgment.
June personal income unchanged and other data, with CNBC’s Rick Santelli & Steve Liesman
Discussing the top issues being tackled at the economic forum, with Vikram Pandit Citigroup CEO and CNBC’s Maria Bartiromo.
UK GDP growth data came in stronger than expected for the second quarter. “This is probably as good as it gets for a while, the outlook is quite tough,” Kevin Grice from Capital Economics told CNBC Friday.