Wilbur Ross on the Markets 2.2.10
Wilbur Ross, chairman and CEO of WL Ross & Co., discusses the markets and more with the CNBC news team.
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Green Cars: Electric Versus Hybrid
Chris Richter, auto analyst at CLSA, says that Nissan CEO’s forecast for electric cars to make up 10 percent of global auto sales by 2020 sounds ambitious. He tells CNBC’s Oriel Morrison, that there is a market for green cars and a plug-in hybrid may be the compromise solution for now.
The World’s Unemployed
There are over 210 million people unemployed across the globe which is an increase of 30 million since 2007, Juan Somavia, director general of the ILO, told CNBC.
Global Debt Fever
Discussing today’s major market comeback, with Peter Navarro University Of California; Jack Albin, Harris Private Bank; Dan Fitzpatrick, StockMarketMentor.com; CNBC’s Brian Shactman and Sharon Epperson.
BOJ Under Pressure
Japan has revised downwards its Q4 GDP growth to 0.9%. Frederic Neumann, senior Asian economist at HSBC, tells CNBC’s Martin Soong & Karen Tso that this revision adds pressure on the BOJ to extend its easy monetary policy.
Gold Could Exceed $2,000: Rogers
Jim Rogers, long known as “The Commodities King,” tells CNBC gold could cross $2,000 an ounce in the next five to 10 years.
Shale Gas: Energy Game Changer?
World energy leaders are turning very bullish on the outlook for natural gas at the annual CERTA Conference in Houston. CNBC’s Sharon Epperson talks to Helge Lund, CEO of Statoil, the world’s largest offshore oil and gas company.
