Egypt Not Capable of Smooth Transition: Kathwari

July 2 (Bloomberg) -- Farooq Kathwari, CEO at Ethan Allen and Bloomberg Contributing Editor Richard Falkenrath consider the state of Egypt as protests continue against President Mohamed Mursi as fears of a civil war build. He speaks on Bloomberg Television's "Bloomberg Surveillance."

Former Yellen Adviser Says Recession a ‘Live Possibility’
29:56 - Chair Janet Yellen said the Federal Reserve still expects to raise interest rates gradually while making it clear that continued market turmoil could throw the central bank off course from the multiple increases that policy makers have forecast for 2016. Andrew Levin, an economics professor at Dartmouth College in Hanover, New Hampshire, and a former policy adviser to Yellen when she was the Fed vice chair, speaks to Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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