UN warns of ‘3rd phase’ of 2008 financial crisis

The South African Reserve Bank left interest rates unchanged, citing low expectations for growth, reports Ameera David, who also interviews SA Minister of Trade and Industry, Dr. Rob Davies. Bianca Facchinei examines the US Department of Education’s decision to go after for-profit college ‘accreditor’ ACICS for malpractice. Simone Del Rosario with the latest on the massive Yahoo! data breach, and the new rumors of a possible Twitter buyout. Professor of Economics Victor Matheson tells Edward Harrison why he thinks taxpayer subsidies of sports stadiums don’t provide the positive economic impact that many promise. And in the Big Deal, Edward looks at a new UN report warning of the “real danger of entering a third phase of the [2008] financial crisis.”

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