Welfare Dependency Near Danger Level in S. Africa

Feb. 25 (Bloomberg) -- Welfare dependency, a problem across the developed world, has reached a danger level in South Africa. For 22 percent of households, social grants are the main source of income, according to the 2013 budget review. Bloomberg Television's Angus Bennett and Rene Vollgraaff report on social conditions in Brandvlei, a town in South Africa's Northern Cape province. (Source: Bloomberg)
U.S. Oil Storage to Be Maxed Out by This Summer: Schork
03:28 - Stephen Schork, president of Schork Group, talks about the outlook for oil supply, production and prices, and the likely impact of a nuclear agreement with Iran on the market. Schork speaks with Olivia Sterns and Matt Miller on Bloomberg Television's "Market Makers." (Source: Bloomberg)
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