Kashkari: No U.S. Recession on Partial Fiscal Cliff
Sept. 13 (Bloomberg) -- Neel Kashkari, PIMCO head of global equities, talks with Bloomberg's Betty Liu about the looming fiscal cliff for the United States economy and how he believes the country will avoid recession in 2013 by way of a partial agreement by government officials. He speaks on Bloomberg Television's "In The Loop."
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Statoil Surprised by Loss as Oil Prices Hit Profits
53:46 - Statoil ASA suffered an unexpected loss in the second quarter in part due to lower oil prices that are impacting profits across the industry. Bloomberg's James Herron reports on "Bloomberg Surveillance." (Source: Bloomberg)