Tuesday, October 12, 2010
Government: Freeze on Oil Drilling Is Lifted
The Obama administration on Tuesday lifted the six-month moratorium on deep water oil drilling in the Gulf of Mexico that was imposed after the BP oil spill. (Oct. 12)
The Yuan Debate
Labeling China as a currency manipulator is unproductive, says guest host, Kirby Daley of Newedge Group. He highlights the economic implications of a stronger yuan and tells CNBC’s Karen Tso and Sri Jegarajah, that it will also raise the sensitive issue of China expanding its global reach with asset purchases.
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