Standard Chartered Faces Suspension on Iran Claims

Aug. 7 (Bloomberg) -- In "Street News," Bloomberg's Scarlet Fu reports on today's top stories including Standard Chartered bank is accused of money laundering violations for deals with Iran, IMF officials want Greece's debt burden eased, a system error halts trading on the Tokyo Stock Exchange and Apple will drop Google's YouTube from the next version of the operating system for the iPhone and iPad. She speaks on Bloomberg Television's "Bloomberg Surveillance."

Do Markets Worry Too Much About Inflation?
16:47 - Federal Reserve Chair Janet Yellen said the central bank was not to blame for the tumult that has engulfed financial markets this year and is unlikely to roll back its December interest-rate increase in response. Yellen added that the Fed was taking another look at negative interest rates as a potential policy tool if the U.S. economy faltered, a scenario some investors view as a mounting possibility amid a darkening outlook for world growth. SVM Asset Management Managing Director Colin McLean discussed with Bloomberg’s Manus Cranny on “Countdown.”
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