Mundell: Europe `Crisis Point' for World Economy
Europe is a "major crisis point" for the world economy, Robert Mundell, a Nobel Prize winning economist, said in an interview with Guy Johnson on Bloomberg Television’s “City Central."
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OECD’s Gurria Says He Sees 3% Growth Globally in 2016
40:34 - OECD Secretary General Angel Gurria says he sees just a "little" improvement in the global economy in 2017. Gurria added that a U.K. vote to leave the EU would be a threat "mostly to the U.K.", amounting to a tax on incomes without providing a benefit. The U.S. economy is “sound” on job creation and Japan hasn’t seen recovery in wages, he also added. Gurria spoke to Bloomberg's Caroline Hyde at the OECD Forum in Paris.