The COVID-19 pandemic has forced millions across the globe to conduct business digitally, including some of the top economic authorities in the world. Boom Bust's Christy Ai and Octavio Marenzi of Opimus LLC offer their forecast for the World Economic Forum in the age of the pandemic and what can expect to see on the agenda. (1:08) Plus, with the growing influence of the tech sector, some nations are taking measures to bring the industry under control. Mollye Barrows of America's Lawyer tells us how the European Union and other nations around the world are tackling the growing issue. (8:41) Just as a new administration has taken the helm in Washington, China has surpassed the United States in its level of foreign investment as the coronavirus pandemic continues to take its toll. Boom Bust's Ben Swann and Hilary Fordwich of the British-American Business Association are both on hand to break down the development and what stands ahead in the competitive realm. (18:06)
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The global economy continues to chill as recent data paints a gloomy picture just over the horizon. RT Correspondent Sara Montes de Oca and Jeffrey Tucker of the American Institute for Economic Research join the show to sift through the stats and what they could mean for markets. Plus, Jeffrey Epstein may be gone, but the mystery surrounding the man continues to thicken as new earnings have been unveiled. RT Correspondent John Huddy is on hand to delve into the details of the new revelations.
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The housing market is looking solid for 2018, Dr. Clifford Rossi discusses it with Bianca Facchinei. Trump’s latest nominee for the Export-Import Bank has been rejected. Bart Chilton breaks it down with Bianca Facchinei. Alex Mihailovich is taking a look at Nebraska as it rejects the latest TransCanada pipeline request.
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The Federal Reserve has cut rates yet again, as demanded by President Trump, but what will this move mean for markets? Professor Richard Wolff is on hand today to break down the future for the Fed. Plus, Amazon's algorithm is under a harsh spotlight today as recent reports allege the company's search tool favors the company's own products. Author and Tech Executive Alex Salkever joins the show today to give us insight into what the e-commerce giant has been up to, and what legal challenges they could be facing soon.
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Hedge funds hedge their bets on big data.
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Financial crisis are an ever present threat, but why have we yet to stop them before they can begin? Are we not learning? Professor Steve Keen discusses the matter with Bart Chilton. Defense spending is highly lucrative and it’s a race to develop the next great weapon; Michael Maloof takes us deeper into defense contracts. That and more on Boom Bust! [1045]
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Hundreds of thousands of Greeks walked off their jobs on Thursday in protest of austerity reforms and government requests for Facebook’s data just saw a huge spike. Ameera David weighs in. Then, Edward Harrison sits down with Alon Feit – CEO of SplitIt – to talk about the payments space.
After the break, Bianca Facchinei takes a look at Puerto Rico’s looming debt crisis. Afterwards, Ameera is joined by RT correspondent Simone Del Rosario to talk about the increase of young women living at home. And in The Big Deal, Ameera and Edward discuss Apple Pay, Valeant, and Macy’s.
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Computer programmers may no longer be eligible for H-1B visas if the Trump administration gets its way. Peter Joseph, author of “The New Human Rights Movement” joins us to discuss jobs, money, and consumer spending. After the break, we take a look at Brazil’s black market pipeline. Boom Bust’s Bianca Facchinei has an updated story on America’s auto industry. EpiPen maker, Mylan is making headlines around the world as the life-saving device is recalled, Boom Bust’s Manuel Rapalo has the full story. Finally, RT’s Alex Mihailovich talks fairness for Canadian workers as CEO’s cash-in.
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The head of the FBI has issued scathing statements about China as the United States continues to ramp up tensions with the Asian superpower. The Trump administration has officially started the process of leaving the World Health Organization following criticism of the institution’s handling of the COVID-19 pandemic. Plus, amid rising social pressure, some professional sports teams are looking to change their official names and mascots. There may be economic consequences as sponsors put pressure on the teams to change. Despite months of pressure from the United States, Denmark has allowed Russia’s Nord Stream 2 pipeline to continue development in Europe.
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