`Global Leader' No Longer Exists, Sachs Says

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June 26 (Bloomberg) -- Jeffrey Sachs, a professor at Colombia University, discusses the outlook for global economies, monetary policies and his book "The Price of Civilization: Reawakening American Virtue and Prosperity." Sachs, speaking with Tom Keene and Sara Eisen on Bloomberg Television's "Surveillance," also talks about Europe's debt crisis. Stephen Cecchetti, Monetary and Economic Department head at the Bank for International Settlements, also speaks.(Source: Bloomberg)