www.FT.com What are the business challenges in a sustainable future? Now in its 4th year, the Financial Times’ Investing in a Sustainable Future conference was a must-attend for investors interested in learning what the leaders of some of the world’s largest multinational corporations are doing to improve their organizations’ ability to continue to profit and grow. Find out more at: www.ftconferences.com For more information about Financial Times Global Conferences and Events Visit: www.ftconferences.com
www.FT.com What happens if Greece exits the euro? As the possibility increases following the country’s recent election and a vote against austerity, FT leader writer Peggy Hollinger and capital markets editor Richard Milne discuss the implications with FT analysis editor Frederick Studemann. For more video content from the FT, visit the Financial Times video section at: www.ft.com
This morning, all of the major stock indexes around the world are trading lower. The catalyst for the decline comes as JP Morgan Chase & Co (NYSE:JPM) reports a $ 2 billion trading loss caused by the a trader known as the “London Whale.” Traders are now wondering if other firms have similar trading losses out there. Just last week, Prudential Financial Inc (NYSE:PRU) plummeted after reporting earnings. The company sited a large derivative trading loss as the reason for the poor earnings results. This news from JPM is now the second report by a major firm that has admittedly taken a large loss from derivative trading. JPM has been one of the most outspoken firms against the controversial Volker Rule which would eliminate banks from proprietary trading. Other leading financial equities such as Goldman Sachs Group Inc (NYSE:GS), Morgan Stanley (NYSE:MS), ProShares UltraShort Financials (ETF) (NYSEARCA:SKF) and BlackRock, Inc (NYSE:BLK) are all likely to be very volatile today.
Many agree the current financial system is unsustainable the question is how much longer can this last? With out the much needed QE from the central banks how much longer can this economy truly last? And what event will trigger global meltdown? Thanks for watching and subscribe for weekly updates. Follow me @ Fabian4Liberty
www.FT.com Britons are about to elect 5000 local councillors in a momentous mid-term test of sentiment towards the UK government’s austerity programme. Hannah Kuchler, UK news reporter, visits Derby, a key battleground, and finds voters are dispirited with all main parties. For more video content from the FT, visit the Financial Times video section at: www.ft.com
www.FT.com While China remains the world’s largest auto market, few there follow motor sports and Formula One racing. The FT’s Josh Noble talks to some of the companies trying to win over customers by fostering a new generation of Chinese motor sports enthusiasts. For more video content from the FT, visit the Financial Times video section at: www.ft.com
www.FT.com Argentina is to renationalise YPF, its biggest oil company, ousting the Spanish group Repsol as majority shareholder. Richard Lapper, former Latin America editor, and Guy Chazan, energy correspondent, talk to Daniel Garrahan about whether the move will lead to resource nationalism. For more video content from the FT, visit the Financial Times video section at: www.ft.com
www.FT.com After only one day without Rick Santorum, Mitt Romney started measuring the drapes in the White House. Meanwhile, Barack Obama solidified a key campaign issue. For more video content from the FT, visit the Financial Times video section at: www.ft.com
