The Global Crisis and News from the G20 Meeting

Watch this video on George Papandreou stepping down from his position as Greek's Prime Minister and how it will affect stock market behavior in the immediate future. Although Greek bonds have taken a 50 percent haircut, the good news for investors is that Greek elections will most likely take place after it's new economic plan is implemented, spurring improved expectations for the future of the economy. (Source: Bloomberg)

Here, Binay Chandgothia, a Hong Kong-based fund manager at Principal Global Investors, talks about global financial markets and his investment strategy. Chandgothia also discusses the Group of 20 summit and Europe's sovereign debt crisis. He speaks with Susan Li on Bloomberg Television's "First Up."