Video News from around the world
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Video News from around the world
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Obama presents economic team
Nov. 24 - President-elect Barack Obama presented the team that will steer his economic policies and navigate a potentially deep recession. |
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Indian Economy Nov 25 - India's economy, a shining star among the emerging markets, is bearing the effects of the global financial crisis but growth continues. Foreign investors are cashing out, credit markets are frozen and the business boom has slackened despite optimism that the country would be able to ride out the current crisis relatively unscathed.
Nonetheless, India's economy is expected to expand about 7% in 2008 and 2009 before recovering to above 8% in 2010 as world growth picks up, according to the Organisation for Economic Cooperation and Development (OECD). Ruben Ramirez reports. Soundbites # ARVIND VIRMANI, CHIEF ECON. ADVISOR, FINANCE MINISTRY # ARUN SHOURIE, BJP . |
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Citigroup's massive bailout
Nov 24 - The government's huge bailout of Citigroup could fail to restore investor confidence, says a noted finance professor.Previous government rescues of financial institutions like AIG and Morgan Stanley sparked similar stock market rallies, but those proved short-lived. |
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