Counting the Cost - Bidding for black gold 03/07
Counting the Cost offers the latest business and economic news from around the world.
Spring of 2009 brought budding hope of an economic recovery, but investor expectations have fallen short. The recently released World Bank report forecast a grim year ahead.
This week on the programme, we look at the bidding on the Iraqi Oil and a look at the economies of Latin America.
Buy Gold Under $900 03/07
Kirby Daley, senior strategist at Newedge Group says gold may take a hit after being driven higher on prospects of higher inflation. He shares his investment strategy with CNBC's Martin Soong.
Could Next G8 Meeting Be the Last One? 03/07
Leaders of the Group of Eight meet in Italy next week to discuss the economic crisis, protectionism, Iran, aid for Africa and climate change. "Many of the leaders have said it really is too small a group, at this point, to deal with the nature of the problems," Tim Condon from ING Financial Markets said.
Manhattan Prices Plummet - Bloomberg 02/07
Studios Drop 16% to $405K, 1BRs Drop 17% to $650K, and 2BRs Drop 23% to $1.2 Million (Bloomberg News)
Cash-Strapped California 02/07
Unemployment Rate May Reach 15% - Bloomberg 02/07
Interview with David Tice of Federated Investors (Bloomberg News)
Oil Outlook for the Second Half of '09 02/07
CNBC's Sharon Epperson shares her oil outlook for the second half of 2009.
USD Will Lose Lead as Reserve Currency 02/07
Mitul Kotecha, head of global forex strategy at Calyon says the dollar will have to share its place as a reserve currency but it will not happen overnight. He discusses currency movements with CNBC's Rebecca Meehan and Chloe Cho.
Moscow's Millionaire Summer Fair 02/07
Crisis? What crisis?
There were no signs of an economic downturn at Moscow's Millionaire Summer Fair.
Thousands of Russia's wealthiest residents turned out for the two-day celebration of luxury and excess.
Financial crisis steers UK truckers off track 02/07
The global financial crisis has had an effect across the whole world, leaving millions of people jobless. The Eurozone is no exception. The Euro statistics office has released new unemployment figures of 9.5 per cent - the highest in 10 years.
Al Jazeera's Nadim Baba reports from southern England that the crisis is also hitting UK lorry drivers, who say business has never been worse.