David Crossan interviews Christine Lagarde on the latest developments in the worldwide financial crisis. The French finance minister was previously a labour and antitrust lawyer for Baker & McKenzie and worked in the USA for the firm.
US web users react to the rapidly spreading financial crisis that has rattled the country's economy. The internet is crowded with video blogs commenting on the domino effect that has sparked panic in Wall Street.
As Wall Street's financial fiascos threaten to lead Europe down the same disastrous road, we discuss the potential knock-on effects of chaos in the US economy and what financial authorities should be doing to contain the damage. (Part 2 of 2)
As Wall Street's financial fiascos threaten to lead Europe down the same disastrous road, we discuss the potential knock-on effects of chaos in the US economy and what financial authorities should be doing to contain the damage. (Part 1 of 2)
Lehman Brothers goes bankrupt and becomes the third of the top five US investment banks to have fallen victim to the financial crisis. When and how are tales of woe pouring out of Wall Street going to end?
How far behind has America fallen amid the current financial crisis? Well, according to one of the world's top economists, the United States now stands exactly where it did back in the 1920s, a time of severe hardship and widespread inequalities.
As Lehman Brothers liquidates, Bank of America takes over the ailing Merrill Lynch and insurance giant AIG staggers on the verge of bankruptcy, we discuss whether the current financial crisis can get any worse. (Part 1 of 2)
With the price of crops shooting up and foodstocks collapsing, the black earth from the Volga region has become a new Eldorado for foreign investors looking to set up business in Russia where land is cheaper and salaries are lower.
Takeover of Freddie Mac and Fannie Mae, disclosure of record losses by investment banks ... Raphaël Kahane discusses the lessons to be drawn from the financial markets' crisis with René Ricol, author of the "Report on the Financial Crisis".
According to the Financial Times, the beleaguered investment bank Lehman Brothers is in talks over a possible sale. US authorities put pressure on the Wall Street firm to close a deal as Lehman shares plunged a further 42 percent Thursday.