Roubini: We Are Heading for a Global Perfect Storm

Ian Bremmer of the Eurasia Group and Nouriel Roubini of NYU talk about the need for action in Europe

Australian Lenders Risk Heavy Fed Hit
22:20 - The prospect that interest rate increases by the Federal Reserve will drive up bank funding costs looms particularly large about 15,000 kilometers away in Australia. The four biggest banks there have historically gotten a bigger proportion of their funding from wholesale debt investors than peers in Europe and Japan, and the majority of that is sourced outside the local Aussie market. Bloomberg's Ruth Liew reports on "Bloomberg Daybreak: Australia." (Source: Bloomberg)
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