If governments throw enough money at the system, a strong, near-term rally should happen, investor Marc Faber said. But if it fails to materialize, prepare for an unprecedented depression.
Green Leaf Capital is a fund manager investing in environmentally friendly technology. Sean Gorman from New Leaf Capital discusses how you can turn your investments green.
Resource stocks will continue to fall as the dollar carries on strengthening, according to Richard Crossley from Merchant Securities when he looked a various dollar-index charts. Crossley also analyzes the Morgan Stanley Cyclical Index and Harley Davidson charts.
Gold prices got a boost Friday, helped by demand from jewelry makers and investors seeking safe havens. Lawrence Roulston, president of Resource Opportunities, gives CNBC an outlook for the precious metal.
Central bankers from Europe, the Middle East and Brazil met in Frankfurt Friday. Governor of Banco Central do Brazil Henrique De Campos Meirelles speaks to CNBC's Silvia Wadhwa about the need for a new world order that will reflect the growing power of Brazil and the Middle East.
The Dutch Prime Minister said Friday the Fortis-ABN Amro merger will continue to go ahead as planned, contrary to reports that the government had decided to pull out of the deal. Jaap Meijer from Dresdner Kleinwort discusses.
The European "recession is going to deepen in the coming quarters," Neil Parker from Royal Bank of Scotland told CNBC Friday. Euro zone services and manufacturing business activity was shown to have sunk in November.
The mega-wealthy are strong supporters of government intervention because it is a force for leveling down and preserves the status quo, Hugh Hendry from Eclectica told CNBC Friday.
Irish pharma, United Drug posted a 12% rise in full-year earnings, but warned that the outlook was tougher and that sterling weakness could put pressure on growth rates. CEO Liam FitzGerald is still confident the company will deliver '"good growth" in '09.
The European Central Bank is free to lower interest rates further because the inflation threat has gone and recession is now a given, Norbert Walter from Deutsche Bank told CNBC Friday.
Shares in Air France-KLM fell Thursday after the airline cut its full-year profit target. The company's half-year profit fell 44%. Deputy CEO Pierre-Henri Gourgeon discusses the company's outlook amid the economic turmoil.