Feb 25th, 2015
Saudi King's Cash Giveaway Spurs Surge in Retail Sales
Borderfree CEO Michael DeSimone explains how firms can benefit from Saudi King Salman's decree that a bonus worth about 2-months salary, or nearly $32 billion, be paid to government employees, soldiers, pensioners and students on government stipends at home and abroad. He speaks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
