Obama Pressures Congress on Averting Sequestration

Feb. 19 (Bloomberg) -- President Barack Obama speaks about the need for Congress to avert the automatic $1.2 trillion in budget cuts set to kick in March 1. Obama said if lawmakers can’t agree on a broad deal to replace the across-the-board spending reductions, Congress should “at minimum” pass a temporary, smaller package that provides more time for negotiations. (Source: Bloomberg)

JPM's Kemery Has Concerns About OPEC Exit Strategy
34:11 - Ebele Kemery, head of energy investing at JPMorgan, and Bloomberg's David Wethe, discuss a reported extension of OPEC production cuts and what their lack of an exit strategy means to markets. They speak on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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