El-Erian: Ton of Cash on Sidelines Should Be Spent

Oct. 30 (Bloomberg) -- Mohamed El-Erian, chief executive and co-chief investment officer at Pimco, explains why the United States is coming to and important turning point in the economy and how corporate cash can help lead the way. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”
Putin Takes a Pay Cut as Approval Rating Rises to 85%
54:49 - EU ministers reviewed the status of sanctions against Russia at a meeting in Riga, Latvia while Russian President Vladimir Putin announced a cut in his pay as his approval rating rose to 85 percent in a new poll. Bloomberg’s Henry Meyer reports on “The Pulse.” (Source: Bloomberg)
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