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)
How Much Longer Will the Market Volatility Last?
58:49 - Kathryn Rooney Vera, a strategist at BullTick Global Markets, and Bloomberg's Mike Regan discuss the selloff in U.S. stocks with Bloomberg's Alix Steel and Scarlet Fu on "What'd You Miss?" (Source: Bloomberg)
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