economics economy international markets

All eyes are on Wall Street as world markets wobble

By John Hockenberry, Adaora Udoji

Tuesday, October 7 2008

The U.S. financial crisis has become an international phenomenon, with global stock markets plummeting, credit markets freezing and banks failing. The World Bank and G7 finance ministers don't seem to be optimistic either can control the situation.

Guest: Mark Landler, New York Times international economic correspondent
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