Obama, Erdogan Full News Conference

May 16 (Bloomberg) -- U.S. President Barack Obama and Turkish Prime Minister Tayyip Erdogan speak at a news conference in Washington about U.S.-Turkey relations and the conflict in Syria. Obama also comments on last year’s deadly attack in Benghazi, Libya, the Internal Revenue Service's handling of small-government groups that applied for tax-exempt status, and the Justice Department's subpoena of telephone records of Associated Press reporters and editors amid an investigation into national security leaks. (Source: Bloomberg)

Padoan’s Plan to Reduce Italy’s Public Debt
43:39 - The expected decline of Italy’s public debt this year will mark a turnaround for the euro region’s third-biggest economy, changing financial markets’ skeptical view of the country, Finance Minister Pier Carlo Padoan said. “Given real growth and possibly given a bit more inflation, that is beyond our control of course, we will see dynamics of the debt accelerating downwards,” Padoan told Bloomberg Editor-In-Chief John Micklethwait in an interview in Rome on Monday. Italy government reporter John Follain and Berenberg Chief Economist Holger Schmieding discuss the outlook for Italy with Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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