Varde CEO Sees Energy Default Rate Climbing to 20%

George Hicks, chief executive officer and chief investment officer at Varde Partners, talks about his expectations for defaults as the Federal Reserve raises rates. He speaks on "Bloomberg Markets." (Source: Bloomberg)

Norway's Soviknes Sees No Change to Energy Policy
12:03 - Norway's Minister of Petroleum and Energy Terje Soviknes discusses the nation's energy policy as he calls the oil industry "quite stable." He speaks with Bloomberg's Mark Barton on "Bloomberg Markets: European Close." (Source: Bloomberg)
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