Tropical Storm Isaac's Rains Flood Louisiana Town

Aug. 29 (Bloomberg) -- Rains from Tropical Storm Isaac flood LaPlace, Louisiana, a city of about 32,000 between New Orleans and Baton Rouge. Hurricane Isaac was downgraded to a tropical storm as it weakened over Louisiana, where it will linger with heavy wind-driven rain for two days while easing the threat to offshore energy production. (Source: Bloomberg)

The World Is Not Levered to the New China: UBS
40:25 - Bhanu Baweja, global head of emerging market cross asset strategy at UBS, discusses the 25th anniversary of the Shanghai Stock Exchange and the outlook for China's economy and emerging markets. He speaks to Bloomberg's Anna Edwards and Guy Johnson on "Countdown." (Source: Bloomberg)
  • Investing in Russia: Is Now the Time to Get In?
  • Russia Will Deliver Positive Returns in 2016: UBS
  • Russian Relations: Is There a Thaw With the West?