Rise of the Machines: Why the Army Wants These Bots

July 7 (Bloomberg) –- Israel has earned itself an enviable reputation in the field of high-tech startups. But when it comes to robots, it's got some catching up to do. Bloomberg Middle East Editor Elliott Gotkine has been to the south of Israel to meet the man putting Israeli bots on the map. (Source: Bloomberg)

Should We Be Concerned About Chinese Growth?
49:03 - Kyle Bass, the hedge fund manager who successfully bet against mortgages during the subprime crisis, said China’s banking system may see losses of more than four times those suffered by U.S. banks during the last crisis. Elga Bartsch, Morgan Stanley’s co-chief global economist, told Bloomberg’s Manus Cranny and Anna Edwards on “Countdown” she thinks the Chinese economy is strong enough to withstand any losses accumulated in the financial system.
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