Barrick May Take $5.5B Writedown on Pascua-Lama

July 1 (Bloomberg) -- Barrick Gold may take a writedown of as much as $5.5 billion on its Pascua-Lama project in the Andes after the price of the metal plunged close to a three-year low. Jonathan Ferro reports on Bloomberg Television's "Countdown." (Source: Bloomberg)

Negative Rates Corrosive to Financial System: James Bevan
53:57 - James Bevan, chief investment officer at CCLA Investment, and Gilles Moec, chief European economist at Bank of America Merrill Lynch, discuss the impact of negative interest rates and talk of a potential bond buyback by Deutsche Bank to help ease concerns of investors. They speak on "Bloomberg Surveillance." (Source: Bloomberg)
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