Global Business Report: Iceland PM Resigns

The video discusses the resignation of Iceland's Prime Minister due to allegations of using offshore shell companies for wealth funneling. It also covers the impact on banks like HSBC and Nordea Bank. Credit Suisse's CEO defends the bank's practices, emphasizing tax compliance. The video highlights a decline in German factory orders, despite improved corporate confidence, and warns of potential economic slowdown. Lastly, it outlines Saudi Arabia's plans to expand its stock market, aiming to double its size and attract foreign investment.

What warning did the Bundesbank issue regarding Germany's economic growth?

What are the plans for the stock market in Saudi Arabia?