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.
Automakers Renault, Nissan and Daimler agreed to swap stakes in a bid to increase scale and share costs Wednesday. “There’s a demand for premium small cars growing, so we definitely want to participate and we want to do that successfully,” Dieter Zetsche, chairman of Daimler told CNBC. Carlos Ghosn, chairman and CEO of Renault-Nissan, also spoke to CNBC.
Discussing the luxury markets and retail sales overall, with Andrew Wolf, BB&T Capital Markets food & drug retail sector analyst.
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.
The “extended period” language is putting us in a box, Saint Louis Federal Reserve President James Bullard tells CNBC
The days of a family expecting to use their returns from investments to fund their retirement or pay for their kids’ college educations are over, says Bill Gross, co-CIO and founder of PIMCO.
Simon Cooper, president and COO of the Ritz-Carlton, tells CNBC about his hotel chain’s expansion plans and discusses the overall luxury hotel industry