Posen on the Fiscal Cliff and European Developments
Bloomberg's Rishaad Salamat and Susan Li speak to Adam Posen, former Bank of England monetary policy committee member, about the fiscal cliff, the latest developments in Europe, and Japan's upcoming election.
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OPEC Output Cut May Not Drain Supply
04:48 - Oil is trading at a three-week low on concerns that OPEC is unable to make the kind of progress it needs to come to a consensus and to a tangible agreement from Vienna in late November. Bloomberg analysis shows that even if OPEC cuts, it still might not be enough to drain the surplus. Bloomberg's Wael Mahdi reports on "Bloomberg Markets: Middle East." (Source: Bloomberg)