Russia, Saudi Arabia strike deal on oil production freeze
Russia and Saudi Arabia joined Venezuela and Qatar in announcing an oil production freeze on Tuesday, vowing not to increase output as prices continue to drop. Plus, new figures show that India has surpassed China to take the spot of the world’s fastest growing economy. Ameera David has all of the details. Marin Katusa, chairman of Katusa Research, joins to offer his thoughts on the oil agreement, and whether he thinks it will hold.
After the break, Max Wolff, chief economist at Manhattan Venture Partners, tells Ameera which presidential candidate he thinks will shake up Wall Street the most. Alex Mihailovich breaks down the 17 percent increase in the price of Canadian real estate. Finally, in The Big Deal, Manuel Rapalo takes a look at the Obama administration’s plan to invest tens of billions in national cybersecurity.