Barclays to cough up $150m in Forex Rigging Scandal

Wednesday, December 9, 2015

Barclays to cough up $150m in Forex Rigging Scandal

Barclays is one company that will have to open up its wallet a little wider this holiday season and Nouriel Roubini said the terrorist attacks in Paris could end up boosting the eurozone economy. Ameera David weighs in. Then, Ameera sits down with Monica de Bolle – visiting fellow at the Peterson Institute for International Economics – to talk about Brazil.

After the break, Bianca Facchinei takes a look at how Iraqi oil is still flowing heavily into the US debt a major oil glut. Afterwards, Ameera is joined by RT correspondent Manuel Rapalo to discuss the Space Act of 2015. And in The Big Deal, Ameera and Edward Harrison talk about fallout of the Paris attacks – specifically when it comes to the Schengen Agreement.
Take a look!

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

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Nouriel Roubini, (born March 29, 1958, Istanbul, Turkey), Turkish-born American economist and educator who was best known for predicting the 2007–08 subprime mortgage crisis in the United States and the subsequent global financial crisis.

Born to Iranian Jewish parents, Roubini moved with his family to Iran and Israel before they settled in Italy in 1962. After a year at Hebrew University of Jerusalem, he studied economics at Bocconi University in Milan (B.A., 1982) and Harvard University (Ph.D., 1988), where he specialized in macroeconomics and international economics. He joined the economics faculty at Yale University in 1988 and taught there until 1995, when he moved to New York University. He also served as a visiting scholar to the International Monetary Fund (IMF), was a research associate with the National Bureau of Economic Research (NBER), held single-year terms on the White House Council of Economic Advisers (1998–99) and at the U.S. Department of the Treasury (1999–2000), and cofounded (2004) the consulting firm Roubini Global Economics. Roubini spent much of his early career studying countries that experienced extreme economic failures, such as Mexico (in 1994), Thailand and other countries associated with the 1997 Asian financial crisis, Russia (1998), and Argentina (2000). He determined that each shared one common element: a massive current account deficit.(www.britannica.com)

Nouriel Roubini is the Chairman and CEO of Roubini Macro Associates, LLC, his own global macroeconomic consultancy firm. He is also a professor of economics at New York University’s Stern School of Business. Dr. Roubini has extensive policy experience as well as broad academic credentials. From 1998 to 2000, he served as the senior economist for international affairs on the White House Council of Economic Advisors and then the senior advisor to the undersecretary for international affairs at the U.S. Treasury Department, helping to resolve the Asian and global financial crises, among other issues. The International Monetary Fund, the World Bank and numerous other prominent public and private institutions have drawn upon his consulting expertise.

NOURIEL ROUBINI BLOG

Wednesday, December 9, 2015