Discussing how to counter the "new" Russia and if airstrikes will effectively combat ISIS, with former U.S. Ambassador to Ukraine, William Taylor.» Read More
Germany sold 4.188 billion euros of 10-year government bonds on Wednesday in an auction that attracted greater demand than at a previous sale and sent borrowing costs to a record low in the category.
"The Troika still has a very very tough job ahead of it. We¿ve now had a bit more backing from Germany and that¿s comforting to financial markets, we had a positive reaction yesterday. I think Greece still has to deliver and that¿s where the big problem is," John Hydeskov, senior analyst at Danske Bank told CNBC. "They said when the negotiations broke down last time that they would blame recession for them not being able to live up to the measures to begin with I think this time it will be more difficult to convince the Troika that it is outside factors," he added.
Philipp Roesler, Germany's Economy Minister, told CNBC he believes the controversial extension to the EFSF will be passed through parliament with a clear majority.
Charles Dallara, fmr. Asst. Treasury Secretary for Int'l Affairs, and David Malpass, Encima Global, weigh in on Greek Foreign Minister Stavros Lambrinidis' interview with CNBC's Larry Kudlow.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
Athens hopes to agree on a deal for additional aid during a conference call between Greece and the EU/EB and IMF, with CNBC's Michelle Caruso-Cabrera.
Thomas Falk, Chairman & CEO, Kimberly-Clark, says businesses will go where they are free to invest and that regulation in the pipeline is creating uncertainty.
Starts are down 5 percent and permits are up 3.2 percent, so it's a middling number that's not great and not terrible, reports CNBC's Rick Santelli. And Thomas Falk, Kimberly-Clark chairman & CEO, talks about the American consumer.
CNBC's Michelle Caruso-Cabrera reports on the situation from Greece and talks to Michalis Chrysochoidis, the Greek Minister of Competitiveness about the country's economic situation.
The day's top news stories, and David Zervos, former Federal Reserve visiting advisor, and Robin Harding, Financial Times, discuss the FOMC meeting and the likelihood of QE3.
Raghavan Seetharaman, CEO, Doha Bank, wears a tuxedo to work every day and is on Squawk to discuss concerns over the Greek crisis. He says the larger interests in the EU have to come together politically and deal with the problem. He adds there's real opportunity in the emerging markets.
Frederic Neumann, Co-Head of Asian economics research, HSBC, discusses the dangers to Asia's financial situation, and what would happen in the event of a major bank failure in Europe.
Kevin Ferry, TheContrarianCorner.com, discusses how the markets will react to Greece and Italy, and what happens to the markets after the inevitable default.
The Fed begins a two-day meeting and the talk turns to Operation Twist, with CNBC's Steve Liesman & Joe Kernen, and Andrew Ross Sorkin, The New York Times. CNBC's Michelle Caruso-Cabrera reports on the downgrade of Italy's credit rating. Also, Washington Post columnist Neil Irwin discusses today's Fed meeting.
As his former colleagues at the International Monetary Fund gather this week, the scandal surrounding Dominique Strauss-Kahn will be a specter in the background.
"The whole issue of peripheral Europe and debt restructuring is a process. It¿s not going to be solved in one big bang and having covered emerging markets for many years this is nothing new," Sailesh Jha, head of Asia market strategy at SEB Bank Singapore told CNBC. "So we¿ll get several different processes taking place and the first one is September 29 and what the German parliament approves in terms of the ESFS facility and I think our core view is that it¿s going to be passed¿.and then we go to the next stage."
With the jobless rate in the United States holding steady at 9.1 percent and the market showing no signs of near-term recovery, many Americans are considering looking abroad to combat their unemployment problem at home.
Jim Cielinski, head of fixed income at Threadneedle, says there needs to be greater evidence of fiscal union in order to restore investor confidence.
Vasu Menon, VP, wealth management at OCBC Bank says Italy's lack of political willpower to execute austerity measures is the reason behind the recent downgrade.
As President Obama called on Congress today to adopt his “balanced” plan on entitlement cuts, tax increases and war savings to reduce the federal deficit. Former President Bill Clinton sat down with Maria Bartiromo today to discuss jobs, global economies ahead of his annual Clinton Global Initiative Meeting in New York.