Weekly Jobless Claims & PPI
Airtime: Thurs. Jul. 15 2010 | 8:32 AM ET
Breaking news on the state of the labor market and inflation, with the CNBC team.
Airtime: Thurs. Jul. 15 2010 | 8:32 AM ET
Breaking news on the state of the labor market and inflation, with the CNBC team.
SEC Chairman Mary Schapiro discusses financial regulatory reform with CNBC’s Maria Bartiromo.
Axel Weber, president of Deutsche Bundesbank, told CNBC that the Greek bailout will be implemented soon as he dismissed the idea that the euro zone is at risk of falling apart.
“The Spanish economy is in a fix; the figures are really grim,” Robert Robinson from ICADE told CNBC Tuesday. The Spanish government has been going through an “ostrich syndrome” and hoping the problem will go away, but things will get worse before they get better, he said.
“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.
UK Finance Minister George Osborne unveiled his emergency budget Tuesday, which cut growth and borrowing forecasts, raised VAT and slapped a tax on banks. Geoff Tresman, chairman of Punter Southall Financial Management, Madsen Pirie, president of the Adam Smith Institute, and Jeremy Cape from Denton Wilde Sapte discuss.
Cho-Oon Khong, chief political analyst at Shell International, sees an energy supply squeeze with demand expansion. He speaks to CNBC’s Martin Soong & Sri Jegarajah about the implications of this.