Tom Stewart asks George Soros about the connection between the financial markets and the ordinary economy
George Soros is a Hungarian-born American financial speculator, stock investor, philanthropist, and political activist. Famously known for “breaking the Bank of England” on Black Wednesday in 1992, Soros’ estimated current net worth of around $9 billion ranks him the 99th-richest person in the world according to Forbes.
Currently, Soros is chairman of Soros Fund Management and the Open Society Institute, a grantmaking foundation that aims to shape public policy to promote democratic governance and human rights. Soros is a former member of the Board of Directors of the Council on Foreign Relations. Mr. Soros is the author of nine books, including most recently The New Paradigm for Financial Markets - The Crash of 2008 and What it Means.
George Soros has always tried to weld market success to overall economic success.
Firefighters in California are still struggling to contain several wildfires nearly one week after they broke out.
- Hundreds of people are still missing after three wildfires spread across Northern and Southern California last week.
- 48 of the 50 deaths occurred after the Camp Fire blazed through the town of Paradise, north of Sacramento.
- On Tuesday night, a fourth wildfire broke out, though it's mostly contained.
We know the dangers of too little sleep. Now for the other side of the story.
- Western University researchers found that sleeping over eight hours per night results in cognitive decline.
- Oversleepers suffer similar difficulties on certain cognitive tests as those who sleep under seven hours.
- Not all the news is bad: One night of oversleeping results in a cognitive boost.
Protected animals are feared to be headed for the black market.
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