U.S. Housing Prices Rise at A Slower Pace

Global Business

New York city is ranked as one of the most expensive cities in the world, but not the most expensive.

New York is ranks sixth. The Principality of Monaco holds the top spot.

While New York may not be home to royalty like Monaco, Manhattan does boast some residences fit for a king.

The neoclassical residence is a throwback to New Yorks great prewar buildings. A penthouse is priced at least 40 million dollars.

CCTV’s Michelle Makori reports. 

Americans Expect Job Hiring to Increase

Americans Expect Job Hiring to Increase

New York city is ranked as one of the most expensive cities in the world, but not the most expensive.

The Conference Board said Tuesday that its confidence index rose to 83 from a revised 81.7 in April. That’s the second highest reading since January 2008, just after the Recession began. 
Lynn Franco, director of economic indicators and surveys at The Conference Board discusses about the situation. 

Russia and China: What Does Gas Deal Mean for Alliance? Segment 2

Russia and China: What Does Gas Deal Mean for Alliance? Segment 2

China and Russia have conducted a week of joint naval exercises. Warships, submarines and aircraft took part in the “Joint Sea 2014” drills. How does each nation stand to benefit from this? How does this affect geo-politics in Europe and the United States? To discuss we were joined in the studio by Chris Chivvis, a political scientist at the RAND Corporation. Vasily Kashin, a Senior Research Fellow from the Center for Analysis and Strategies and Technologies in Moscow. And from Beijing, we have Zhou Jingxing, a counselor at the Chinese foreign ministry.