Pimco warns US structural issues not being dealt with nor problems abroad
Pimco CEO and co-CIO Mohamed El-Erian spoke with Bloomberg Television’s Betty Liu, Scarlet Fu and Dominic Chu about the Friday jobs report and the global economy.
On jobs, El-Erian said that ‘let’s not also forget…
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US stocks and bonds point in opposite directions to recovery or recession
Market observers can be forgiven for hedging their bets or keeping quiet this month. The rise in the US stock market is consistent with an economic recovery while the fall in bond yields points to…
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16th eurozone summit in two years fails to agree on Greek debt deal
European leaders left their 16th summit in two years last night without the deal on the Greek debt crisis promised for this week. The Greek negotiations completely overshadowed the event where 25 nations agreed to…
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Is Europe losing patience with Greece or Greece with Europe?
The interminably long Greek debt crisis seems to be finally coming to a head this week and will be a defining moment for 2012. If international banks can swallow the painful medicine of debt and…
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Not the Davos economic forum live from Dubai!
Not invited to the World Economic Forum in Davos, Switzerland last week ArabianMoney editor and publisher Peter Cooper joined Sandra Mergulhão from MyDubaiMyCity.com to discuss some of the main issues from an Arabian point of…
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No it’s not different this time warns Professor Ken Rogoff
Professor Ken Rogoff warned that things are not going to be any different this time and that business leaders are underestimating the impact of the eurozone crisis in an interview last week in Davos with…
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Dow ends week down 0.5% despite a surprise from the Fed
Even another 18 months of low interest rates from the Fed could not prevent the Dow Jones closing 0.5 per cent down last week, while the S&P 500 just scraped a 0.1 per cent gain.…
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George Soros lays out his solution the eurozone crisis at Davos
Legendary investor George Soros arrived in Davos with his own comprehensive solution to the European debt crisis. He spoke with Erik Schatzker on Bloomberg Television’s ‘InsideTrack’ and spent the whole conference lobbying for his plan.…
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IMF chief not ‘terribly positive’ about Greek debt outlook
International Monetary Fund Managing Director Christine Lagarde discusses Greece’s progress on structural overhauls and the role of the IMF in avoiding a default.
She admitted to being not ‘terribly positive’ about the outlook, and spoke…
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Niall Ferguson and Stephen King from HSBC discuss US and eurozone economic policy in Davos
Niall Ferguson, a history professor at Harvard University and a Bloomberg Television contributing editor, discusses the US economy, the outlook for Barack Obama to win a second term as president and Europe’s sovereign-debt crisis.
Stephen…
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