Contagion refers to the spread of financial or economic issues from one sector or market to another. It may be compared to a virus, with similar characteristics
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rogoff with differing perspectives will tell us what they think will happen in america, europe, the emerging markets in the year ahead. after that, why in the world is the price of oil so high when the global economy is so troubled? we ll explain. next up, iraq. the nation is on the brink of disaster according to its former prime minister, allawi. i will talk to him about iraq s trouble. and then we ll ask two participatants whether the iraq war was worth it. an important debate. first here s my take. finally it looks like former massachusetts governor mitt romney will win his party s nomination, so republicans are following a familiar pattern. they are nominating the mainstream candidate who s waited his turn, the guy who ran once before. this is the party, after all, that had a bush or a dole on its ticket for about 20 years. it s also a party that nominated richard nixon on its presidential ticket five times. republicans don t like surprises. but there is something
the global economy is so troubled. we ll explain. next up, iraq. the nation is on the brink of disaster according to its former prime minister. i will talk to him about iraq s struggles, and we will ask two participants whether the iraq war was worth it. an important debate. here s my take, first. finally, it looks like former massachusetts governor mitt romney will win his party s nomination, so republicans are following a familiar pattern. they re nominating the mainstream candidate who has waited his turn, the guy who ran once before. this is the party after all, that had a bush or a dole on its ticket for about 20 years. it s also the party that nominated richard nixon on its presidential ticket five times. republicans don t like surprises. there is something surprise about this primary. it s the charges that are working against romney. see, romney s opponents have tried to change his upward trend at two levels. first, they called him a massachusetts moderate, but is th