[711] Canada, EU sign long delayed CETA trade deal
Prosecutors have dropped the fraud charges against South African finance Minister Pravin Gordhan; plus a new study finds racial bias by some Uber and Lyft drivers. Ameera David has the details. Then, Bianca Facchinei takes a look at Iceland’s parliamentary election results. Afterwards, Alex Mihailovich breaks down the just signed EU-Canadian CETA trade deal, and the agreement between GE and Baker Hughes to merger their oil and gas businesses.
Following the break, Dean Baker, co-founder of the Center for Economic and Policy Research and author the new book “Rigged,” tells Edward Harrison why free trade isn’t always fair, and what’s ahead for the TTIP and TPP. And finally, in The Big Deal, Edward has more on CETA, and whether or not TTIP is dead as a result.
Markets rebounded on Monday after getting rocked on Black Friday by fresh fears of the COVID-19 Omicron variant. Boom Bust's Christy Ai and Octavio Marenzi of Opimas LLC join the program to discuss the sell-off and offer their forecasts for market performance.
And the Nord Stream 2 pipeline could soon see operations start as controversy continues to swirl around the project. Boom Bust's Ben Swann breaks down the state of pipeline operations as winter sets in.
Then we move west in Europe to the English Channel as tensions continue to grow between the United Kingdom and France. Hilary Fordwich of the British-American Business Association lends her insight to the post-Brexit issues and lingering fishing disputes.
#BoomBust #QuestionMore #RTAmerica
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NO show does it like this. It’s TIME TO DO NEWS AGAIN with Rick Sanchez
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It’s her take on all things political and she presents ALL the angles: News.Views.Hughes with Scottie Nell Hughes, NVH: https://bit.ly/NVHSHOW
What’s your NEWS IQ? Give us 30 minutes, and we’ll take you across the globe!
In Question with Manila Chan, IQ: https://bit.ly/IQ_SHOW
Steve Malzberg sinks his teeth into the slander, hypocrisy, bias and lies of MSM. MMM…Delicious! Eat The Press: http://bit.ly/EatThePress
Candid conversations with the most outspoken guy in Hollywood! Dennis Miller + One! Dennis Miller Plus One: http://bit.ly/DennisMillerPlusOne
Let our TV time-machine bring you the week’s highlights and a closer look at the BIGGEST stories, Just Press Play: http://bit.ly/JustPressPlayShow
Yep, it’s Gov. Jesse Ventura and you’re living in his WORLD! Come along for the ride.
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Dennis Miller Plus One:
https://www.youtube.com/playlist?list=PLagVUKF7CUTQFiMl7qOaZ9L0Zkq_b9RF-
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https://www.youtube.com/playlist?list=PLagVUKF7CUTTuYcV8a3afYQ4pFBm50ZC9
The World According To Jesse:
https://www.youtube.com/playlist?list=PLagVUKF7CUTR4fIiDHxGpe38eAJWgzVQ8
...
https://www.youtube.com/watch?v=dM-xqbcRCJ8
ORIGINAL AIR DATE: Wednesday, January 14
Erin sits down with Mark Thoma –professor of economics at University Oregon, columnist at “The Fiscal Times,” and author of the blog “Economist’s View.” Mark tells us if the US economy is headed in the right direction but that much work remains to do. He also gives us a read on what lower long-term yields are signaling. He also says if he thinks a minimum wage increase could increase worker productivity and gives us his take on why wage growth is slow.
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Watch as Boom Bust addresses the debt ceiling and the looming threat of a shutdown with special guest, Connor Brantley.
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CVS/Caremark, the largest drugstore in the United States, has announced that starting October 1st it will no longer sell cigarettes and other tobacco products. How do smokers feel about this move? And what kind of hit to revenue will the pharmacy chain take? Erin Ade reports.
Then, Erin talks to financial advisor and economic blogger Mike Shedlock. The US economy has seen an uneven recovery over the past four years. Despite the economic expansion, and the Fed's efforts to put a floor under asset prices, many people are feeling the weight of poor wage growth. Will the minimum wage help? Or is the increase in consumer prices the problem? Shedlock gives his view.
Afterwards, Erin speaks to Jim Bruce, an award winning documentary filmmaker. His most recent film, "Money for Nothing: Inside the Federal Reserve" warns of a US central banking system that has, "lost its way." Jim believes that the instability of the US economy has only increased once the Fed began taking extreme measures to pump liquidity into the markets via quantitative easing.
In the 'Big Deal,' Erin and Boom Bust producer Edward Harrison discuss an innovative solution to the minimum wage problem using e-payments to retail employees based on the Bitcoin algorithm.
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Crude oil hit a five-month high on Wednesday. At $61.87/barrel, West Texas Intermediate crude is threatening the $62/barrel mark for the first time since December. Brent crude for June rose $.63 to $68.15. Analysts say that fresh tensions in oil-producing Libya have raised concerns about a supply disruption in the Middle East. Previous reports said that protests in Libya had shut down oil deliveries to a port in the east of the country. Erin weighs in.
Then, Erin is joined by Marin Katusa – hedge fund manager and director of Copper Mountain Mining. Marin tells us why he thinks oil has gone up to $60/barrel and gives us his take on if US production is officially in decline. His overarching view is that oil is range bound between $45-75 a barrel because of the access to shale oil wells ready to be exploited for production. He is skeptical that demand will increase enough to absorb all this oil and so the range-bound nature could persist below where producers find it economical.
After the break, Bianca gives us a daily news roundup featuring other major business headlines including HSBC and UBS earnings, a new deal between IBM and Facebook, and how the EU is threatening major tech companies in the US.
Afterwards, Erin sits down with Richard Werner – founding director of the Center for Banking, Finance and Sustainable Development at the University of Southampton. Richard tells us what the central bank – not acting to fulfill its mandate in crisis – actually mean to households and businesses and gives us his take on banks creating 97% of the money in the UK economy. Werner’s view is that banks are not just financial intermediaries which connect scarce savings with investment opportunities. Rather, they are entities that create deposits every time they make a loan, and, thus, increase the broad money supply without constraint.
And in The Big Deal, Erin and Edward discuss the INET conference on Finance and Society taking place in Washington at the International Monetary Fund, and headlined by Fed Chair Janet Yellen and IMF Chief Christine Lagarde.
...
https://www.youtube.com/watch?v=2PJ-03vJI3w
On this special episode of Boom Bust, we take a look at some of the biggest stories we have covered in 2021 and bring in some of our favorite guests on the show and go over some of the predictions they have made and how it all panned out.
#BoomBust #QuestionMore #RTAmerica
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NO show does it like this. It’s TIME TO DO NEWS AGAIN with Rick Sanchez
News with Rick Sanchez: https://bit.ly/NRSSHOW
It’s her take on all things political and she presents ALL the angles: News.Views.Hughes with Scottie Nell Hughes, NVH: https://bit.ly/NVHSHOW
What’s your NEWS IQ? Give us 30 minutes, and we’ll take you across the globe!
In Question with Manila Chan, IQ: https://bit.ly/IQ_SHOW
Steve Malzberg sinks his teeth into the slander, hypocrisy, bias and lies of MSM. MMM…Delicious! Eat The Press: http://bit.ly/EatThePress
Candid conversations with the most outspoken guy in Hollywood! Dennis Miller + One! Dennis Miller Plus One: http://bit.ly/DennisMillerPlusOne
Let our TV time-machine bring you the week’s highlights and a closer look at the BIGGEST stories, Just Press Play: http://bit.ly/JustPressPlayShow
Yep, it’s Gov. Jesse Ventura and you’re living in his WORLD! Come along for the ride.
The World According To Jesse: http://bit.ly/WATJSHOW
They’re watching you. Are you watching them? Are you WATCHING THE HAWKS?
Watching The Hawks: http://bit.ly/WTHSHOW
Do you keep missing the forest for the trees? Let Holland Cooke show you the Big Picture, The Big Picture: http://bit.ly/TheBigPictureShow
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Check out more from RT America!
Eat The Press:
https://www.youtube.com/playlist?list=PLagVUKF7CUTQsuWo5sCat5spbo2Cqfskm
Dennis Miller Plus One:
https://www.youtube.com/playlist?list=PLagVUKF7CUTQFiMl7qOaZ9L0Zkq_b9RF-
Just Press Play:
https://www.youtube.com/playlist?list=PLagVUKF7CUTTuYcV8a3afYQ4pFBm50ZC9
The World According To Jesse:
https://www.youtube.com/playlist?list=PLagVUKF7CUTR4fIiDHxGpe38eAJWgzVQ8
Watching The Hawks:
https://www.youtube.com/channel/UCbiFt3UdxX7LxferwDmuegQ
The Big Picture:
https://www.youtube.com/user/TheBigPictureRT
...
https://www.youtube.com/watch?v=u5REFo0bbSk
US-China ties continue to chill amid the COVID-19 pandemic in the wake of the “phase one” trade deal; but could a “phase two” deal help to thaw the tension? And as the world has been forced to adapt to the digital workplace, can internet connections meet the moment? We take a deep-dive into the state of US broadband and how teleconferencing is pushing the limits.
#BoomBust #QuestionMore #RTAmerica
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Counterfeiting is a massive problem that ranges from high end goods to low-end products; Manila Chan and Bart Chilton discuss this global threat with Lara Miller from the IACC. GE could be broken up as it struggles with money problems; Ashlee Banks has the details. Jeffrey Tucker talks Bitcoin and Natasha Sweatte talks about the economic impact of mudslides.
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Housing starts in the US climbed almost 16% last month to an annualized rate of just over 1 million units, marking the highest level of construction since November and is driven by a noticeable rise in new apartments. In the year through July, home construction rose 22%. However, details within Tuesday's report from the Commerce Department raise questions about whether the construction gains can be sustained. Erin takes a look.
Next, Erin is joined by Dennis Gartman, publisher and editor of “The Gartman Letter,” to talk about the US housing market, Europe, and sanctions on Russia. After the break, Erin speaks with Dr. Michael Hudson, professor at the University of Missouri, Kansas City, to discuss the state of the European economy.
And in The Big Deal, Erin sits down with Edward Harrison to explore the bidding war over Family Dollar Stores. Take a look!
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