Erin Ade and Edward Harrison discuss deficiency judgments
Many Americans who lost their homes in the housing bust and who have since begun to rebuild their lives are suddenly being faced with these new foreclosure nightmares – debt collectors chasing them down for the money they still owe and freezing their bank accounts, garnishing their wages, and seizing their assets. “Boom Bust” hosts Erin Ade and Edward Harrison sat down with “Breaking the Set” producer Manuel Rapalo to talk about the rise of deficiency judgments – take a look at what they had to say about it! Also check us out on Facebook -- and feel free to ask us questions: http://www.facebook.com/BoomBustRT http://www.facebook.com/harrison.writedowns http://www.facebook.com/erinade2020
New travel restrictions are imposed for some international flights entering the U.S.. New Zealand residents question the arrival of $4.2 billion of Apple products, after its revealed company paid zero in local taxes. Andrew Schiff, Director of Communications and Marketing at Euro Pacific Capital, joins us to discuss Donald Trump’s plans for taxes, spending cuts and increases. After the break, it looks like analog phones are stepping into the 4G world. Boom Bust’s Bianca Facchinei, takes a look at Goldman Sachs as the company announces it is moving hundreds of London jobs before Brexit happens — and more could go. Meanwhile, Customers open fewer Wells Fargo accounts after the company is rocked by scandal, Boom Bust’s Manuel Rapalo has more.
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The South African Reserve Bank left interest rates unchanged, citing low expectations for growth. Ameera David has the details, PLUS an interview with South African Minister of Trade and Industry, Dr. Rob Davies. Bianca Facchinei then examines the U.S. Department of Education’s decision to go after for-profit college ‘accreditor’ ACICS, which the agency is accusing of malpractice. Then, Simone Del Rosario joins with the latest on the massive Yahoo! data breach, and the new rumors of a possible Twitter buyout.
After the break, Victor Matheson, Professor of Economics at College of the Holy Cross, tells Edward Harrison why he thinks taxpayer subsidies of sports stadiums do not provide the positive economic impact that many promise. And finally, in The Big Deal, Edward takes a look at a new UN report warning of the “real danger of entering a third phase of the [2008] financial crisis.”
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Thursday is here and Boom Bust is ready. We’re taking a look at Qatar as it takes to the skies, wanting to buy a 10% stake of American Airlines. Trump takes aim at Venezuela with even more sanctions while Lindsay France comes to us from across an ocean with special Brexit coverage as the landmark decision turns 1. Theresa May looks to the future of her as the EU waits to hear how the UK will protect EU citizens. The Senate has released its health care bill and Bianca Facchinei gives us a look at the ‘Trumpcare’. That and more on today’s Boom Bust!
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China’s recently reported GDP, industrial output, and retail sales numbers are higher than what most analysts expected.
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Is the US energy infrastructure ready to meet the demands of users? Natasha Sweatte digs a little deeper!
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Johnson Controls announced on Monday that it would be merging with Tyco International and Russia’s economy contracted at its fastest pace in six years in 2015. Ameera David weighs in. Then, Ameera is joined by Steve Keen – head of economics, history, and politics at Kingston University – to talk about debt and the global economy.
After the break, Bianca Facchinei takes a look at the Ifo Institute’s recent Business Climate Index. Afterwards, Ameera and RT correspondent Manuel Rapalo discuss Airbus’ major deal with Iran. And in The Big Deal, Ameera and Edward Harrison talk about the US economy.
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President Donald Trump finally responds to his ban on Twitter, saying he predicted this and its further dividing the country. (2:00)
Meanwhile, WhatsApp users are turning to another encrypted messaging service after WhatsApp updated its privacy terms. (04:46)
The controversial Nord Stream 2 pipeline is expected to resume pipelaying late this week despite Washington's threat of more sanctions. (13:37)
Finally, U.S. Markets rose slightly on Tuesday after Monday's declines. Investors are keeping their eyes on stimulus and the political turmoil in Washington, DC. (17:21)
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RT’s Bianca Facchinei reports from Havana, Cuba on the infrastructure investments that Cuba is implementing which are needed as the island country begins expanding its trade with the US. The country has already invested in a natural deep water port terminal, which has drawn the business of two domestic and five foreign companies.
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Canada and the US are still at the negotiating table trying to reach a new deal; I.H.S. Markit expert Scott Bedard gives us insight into what’s going on . Sara Montes de Oca is back as she breaks down the latest news from our coverage on Monsanto. John Grace from California talks to Bart as they breakdown market health. And Manila Chan takes flight as we take a closer look at the cost of luxury airports! [1146]
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