Kirkegaard: ECB Role Is to Respond to Weakening

July 5 (Bloomberg) -- Peterson Institute For International Economics' Jacob Kirkegaard talks about the European debt criss and the ECB's rate decision. He speaks on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
Prudential Reports Decline In New Business Profit
07:46 - Prudential Plc, the U.K.’s largest insurer by market value, reported a 6 percent decline in new business profit for the first-quarter. CEO Tidjane Thiam – who is leaving to replace Brady Dougan as Credit Suisse Group AG CEO - told Guy Johnson and Francine Lacqua on “The Pulse” that he leaves the company in “good shape.”
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