What a $25M Party Means to a Town of Just 11,000

Jan. 22 (Bloomberg) -- Olivia Sterns reports on the local effects of the World Economic Forum. She speaks on Bloomberg Television's "First Up." (Source: Bloomberg)

Saving - A Good Idea or Not?
29:19 - Central banks can’t promise a minimum yield for savers, Bundesbank President and ECB Governing Council member Jens Weidmann says in Munich. “It’s the task of central banks to protect people against inflation. They can’t promise a minimum rate for savers.” DIW German Institute for Research President Marcel Fratzscher discusses saving in a time of negative rates with Bloomberg's Guy Johnson on "Countdown."
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