RBA Cuts Benchmark Rate to Record-Low 2.75%

May 7 (Bloomberg) -- The Reserve Bank of Australia cut its benchmark interest rate to a record as a high currency weakens manufacturing and drives up unemployment. Paul Allen reports on Bloomberg Television's "Countdown." (Source: Bloomberg)
`Time Is of the Essence' for Greece to Reach Deal: Lew
09:57 - U.S. Treasury Secretary Jacob J. Lew speaks about the U.S. and global economies, Greece's debt crisis and International Monetary Fund reforms. Lew speaks at news conference at the 2015 World Bank Group/IMF Spring Meetings in Washington. (Source: Bloomberg)
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