Goldman Sachs is coming under fire after buying bonds in Venezuela, RT’s Marina Portnaya reports. German inflation slow more than forecast as ECB meeting nears. Boom Bust’s Bianca Facchinei reports on Italy as the country moves toward early vote as election law deal nears. Brigida Santos reports on the risk you may be putting yourself in, now that hackers are targeting subtitles. After the break, former US trading commissioner Bart Chilton talks about Bitcoin and its rollercoaster week along with other crypto currencies.
House republicans have set the stage for a huge vote on Friday to grant President Obama fast-track trade authority, which would allow the president to more easily negotiate trade deals by giving Congress a final up or down vote on legislation with no amendments. The Senate already approved it last month, meaning the House vote is the last hitch to making it law. So why does this matter? Boom Bust’s Ameera David weighs in.
Then, Ameera is joined by Steve Hanke – professor of applied economics at Johns Hopkins University and director of the Troubled Currencies Project at the Cato Institute. Steve tells us if the Trans-Pacific Partnership will do more good than harm and gives us his take on the ECB’s quantitative easing program. The most alarming part of his analysis was his conclusion that Greek banks are insolvent and no one has the political will or ability to rescue them.
After the break, Bianca Facchinei takes a look at the numerous lawsuits against Apple. Recently unsealed documents claim store employees were subjected to mandatory bag checks in stores all over the world, and Apple Music is already prompting investigations into potential antitrust violations.
Afterwards, Ameera sits down with Erin Ade to talk about Standard and Poor’s cutting its credit rating on several major European commercial banks this week. The downgrades come as S&P considers the uncertainty of whether the respective governments where these banks are located can and will provide the support their banking systems would require, should they fail.
And in The Big Deal, Ameera and Edward Harrison talk about the US economy. While the first quarter numbers were terrible, the second quarter numbers have been better.
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https://www.youtube.com/watch?v=c3nVjfXEUwc
Tariffs and supply chain disruption will take a backseat when Presidents Biden and Xi prepare for their face-off at a virtual summit. Instead, Taiwan is expected to dominate the agenda. Then, rampant inflation is making millions of consumers think twice when holiday shopping, this after Treasury Secretary Janet Yellen warned Americans to buckle in as prices are expected to keep creeping upward. Plus, Britain and the EU remain in a tug-of-war over trade following the contentious Brexit deal.
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...
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Disappointing jobs data appears in the United States as lawmakers appear to be deadlocked on another stimulus package. Meanwhile, the coronavirus pandemic and economic lockdowns have devastated emerging markets like Argentina and Ecuador. Plus, with TikTok's future in jeopardy, how will influencers be affected? As we have previously reported, President Trump has said he will ban the app in the US by September 15 unless a deal can be made for Microsoft. But this all raises questions about how the move will affect the content creators who make TikTok what it is.
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A ransomware attack has forced the closure of one of the largest fuel pipelines in the US. Colonial Pipeline and the United States government have both blamed ransomware for the massive outage. Meanwhile, E.U. leaders aren't convinced that US-backed patent waivers will be immediately effective in the fight against COVID-19. And Dogecoin is down as Ethereum hits fresh record highs in the current crypto landscape and markets.
#BoomBust #QuestionMore #RTAmerica
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Steve Malzberg sinks his teeth into the slander, hypocrisy, bias and lies of MSM. MMM…Delicious! Eat The Press: http://bit.ly/EatThePress
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...
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Quantitative hedge funds are looking for data and are paying big money for it, Kumesh Aroomoogan talks with host Lindsay France. Brexit talks need a miracle if they are to advance as Bianca Facchinei breaks it down. Oil sands in Canada are both controversial as well as the most lucrative. RT correspondent Alex Mihailovich joins us to discuss them.
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Fast food giant McDonald's is back in the hot seat as the firm faces claims of racial discrimination. Dozens of former franchisees say the company set them up for failure by steering them toward inner-city neighborhoods, where sales are typically lower. Meanwhile, concerns abound in the European Union as inflation has gone negative for the first time in years amid the COVID-19 outbreak. While Germany looks at a V-shaped recovery, Greece and Turkey have opened a new front for concern as tensions are high in the Mediterranean over oil exploration.
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Retail trading app Robinhood continues to face criticism over its handling of the GameStop scandal, with accusations of favoring institutional investors being hurled from all parts of the political spectrum. Boom Bust’s Ben Swann and Christy Ai offer their insights on the complicated saga and what opportunities could lie ahead for the average retail investor. (0:57)
Plus, with vaccine and stimulus optimism lifting markets this week, gold prices have taken a hit as volatility has begun to wane. Peter Schiff of Euro Pacific Capital lends us his analysis of the recent price movement for the precious metal and the economic recovery. (13:53)
And the United Kingdom is poised to rebound as the vaccine process continues to unfold. Hilary Fordwich of the British-American Business Association brings us up to speed on the state of the nation's economy and what its central bank is forecasting. (21:36)
#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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...
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United States Secretary of State Anthony Blinken has slammed the nearly complete Nord Stream 2 pipeline during his latest trip to Germany. Plus, the oil sector has soared in the wake of surging summer travel and the performance of Airbnb has improved since the rental company has managed to recover from its coronavirus losses.
#BoomBust #QuestionMore #RTAmerica #AnthonyBlinken #Biden #Nordstream #AirBnb
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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?
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...
https://www.youtube.com/watch?v=EIc72DCXAIM
The U.S. has announced new moves that could make a smoother highway for Huawei, but they are not out of the woods just yet. John Quelch, Dean of the Business School at the University of Miami is on hand to help us break down what could be next turn in this telecom drama. Plus, Oil Prices are on the climb after a storm has hampered production in the Gulf of Mexico. Rick Rule of Sprott U.S. holdings is on hand to break down the sector following both the storm and more tanker trouble in the Strait of Hormuz.
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