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Drug trade has become much more global: Expert

Squawk Box Europe

Drug trade has become much more global: Expert

Vanda Felbab-Brown, senior fellow at the Brookings Institute, tells CNBC that the drug trade is becoming more global with demand coming out of the emerging markets.

04:43

Mon, Aug 12 20131:50 AM EDT

Recent bank runs make Fed less worried about future inflation

Recent bank runs make Fed less worried about future inflation

Rate cuts are not in our base case, says Fed Chair Powell

Rate cuts are not in our base case, says Fed Chair Powell

There are real costs to bringing inflation to 2%, but the cost of failure is higher: Fed Chair Powell

There are real costs to bringing inflation to 2%, but the cost of failure is higher: Fed Chair Powell

Fed Chair Powell: Silicon Valley Bank management failed badly

Fed Chair Powell: Silicon Valley Bank management failed badly

Fed Chair Powell: Possible credit tightening means monetary policy has less to do

Fed Chair Powell: Possible credit tightening means monetary policy has less to do

Recent bank runs make Fed less worried about future inflation

Recent bank runs make Fed less worried about future inflation

Rate cuts are not in our base case, says Fed Chair Powell

Rate cuts are not in our base case, says Fed Chair Powell

There are real costs to bringing inflation to 2%, but the cost of failure is higher: Fed Chair Powell

There are real costs to bringing inflation to 2%, but the cost of failure is higher: Fed Chair Powell

Fed Chair Powell: Silicon Valley Bank management failed badly

Fed Chair Powell: Silicon Valley Bank management failed badly

Fed Chair Powell: Possible credit tightening means monetary policy has less to do

Fed Chair Powell: Possible credit tightening means monetary policy has less to do