Osborne Prepares to Breach Fiscal Rules Amid Slump

U.K. Chancellor of the Exchequer George Osborne faces the prospect of breaching his self-imposed budget rules as an economy struggling to escape recession drives debt higher and erodes his political capital.

Pressure’s on China After FX Reserves Drop $99.5B
33:36 - BlackRock head of emerging markets Jeff Shen discusses China’s growth challange with Alix Steel on "Bloomberg Markets." (Source: Bloomberg)
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