Action Economics' Cohen Discusses Toyota, Global Economy: Video
126 views · Published 23 March 2012 · 3:21 · Indexed 29 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
April 6 (Bloomberg) -- David Cohen, an economist at Action Economics in Singapore, talks with Bloomberg's Haslinda Amin about U.S. Transportation Secretary Ray LaHood's proposal to fine Toyota Motor Corp. a record civil penalty of $16.4 million.¶
LaHood said yesterday Toyota "knowingly hid a dangerous defect" that caused its vehicles to accelerate unexpectedly, for the first time accusing the worlds largest automaker of breaking the law. Cohen also talks about the outlook for the global economy. (This is an excerpt of the full interview. Source: Bloomberg)
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