Geithner: Europe Much More Grave Than Fiscal Cliff

Aug. 1 (Bloomberg) -- U.S. Treasury Secretary Timothy Geithner talks with Bloomberg's Peter Cook about the threat to the United States from both the European debt crisis and the coming fiscal cliff, laying the foundation for a framework of resolving the fiscal cliff and dealing with the implications of the Libor scandal. He speaks in an exclusive Bloomberg Television interview.

The Rise of South Korea's 'U-Turn Freshmen'
02:50 - South Korea has some of the most highly educated people in the world. More than half have a degree, and yet, the future is looking grim. Jobs are increasingly scarce, and youth unemployment is setting unwanted records. Bloomberg's Shery Ahn reports from Seoul. (Source: Bloomberg)
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