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July 26 (Bloomberg) -- Howard Davies, former director of the London School of Economics, discusses today's report on U.K. gross domestic product and expectations for the global economy. Gross domestic product rose 0.2 percent from the first quarter, when it increased 0.5 percent, the U.K.'s Office for National Statistics said today. Davies, speaking with Francine Lacqua on Bloomberg Television's "The Pulse," also talks about the U.S. economy. (Source: Bloomberg)