Saudi Arabia Seeks to Plug Deficit Amid Crude Collapse

Saudi Arabia has withdrawn as much as $70 billion from global asset managers as OPEC’s largest oil producer seeks to plug its budget deficit after crude slumped, according to financial services market intelligence company Insight Discovery. Bloomberg's Willem Marx has more on "Bloomberg Markets." (Source: Bloomberg)

Investec CEO Says S. Africa Needs Help From Rate Cuts
09:14 - Stephen Koseff, chief executive officer at Investec, discusses the South African Central Bank rate cut, how he's diversifying risk, his outlook for the South African government, the mandate of the central bank, becoming more business friendly and his outlook for the economy. He speaks on "Bloomberg Markets: European Open." (Source: Bloomberg)
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