[710] UK court rules against Uber, anti-Maduro protests hit Venezuela
OPEC met but didn’t yet make a deal on an output reduction. Ameera David has the details. Polly Boiko then joins from London to take a look at a British courts ruling against Uber, possibly granting drivers more employment rights. Then, Bianca Facchinei examines the latest Dakota Access Pipeline protests that resulted in the arrests of 141 people. After, Ashlee Banks breaks down Venezuela’s just increased minimum wage, which comes out to $67 per month, and the massive protests that are rocking the country.
Following the break, Stefan Grant, founder of Airbnb alternative Noirbnb, tells Ameera how racial discrimination forced him to create his service. And finally, in The Big Deal, Edward Harrison explains what’s behind the unexpected 2.9% U.S. GDP growth, and what the news means going forward.
What the frack is up with these Texas earthquakes? RT correspondent Gayane Chichakyan brings us a full report from Texas on the business of fracking, and its literal ground-break effects.
Also, Bticoin has a new avenue in which to employ its purchasing power. We'll tell you all about it.
Then Erin speaks with William Black about control fraud. Professor Black spent years working on regulatory policy and fraud prevention as the Executive Director for the Institute for Fraud Prevention.
Plus, Detroit
has had its fair-share of ups-and-downs. This week's bankruptcy filing has created more questions than answers for the future of the city.
Anthony Randazzo of the "Reason Foundation" helps us sift through the headline-clutter.
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Saudi Arabia could potentially run out of the financial assets it needs within five years if it sticks with its current policies and opposition lawyers filed a new petition to Congress for the impeachment of Brazilian President Dilma Rousseff. Ameera David weighs in. Then, Ameera sits down with Warren Mosler – president of Valance Co., Inc. – to talk about oil.
After the break, Bianca Facchinei takes a look at illegal tax breaks in Europe, an emergency meeting over the refugee crisis, and yet another problem for millennials. Afterwards, Ameera is joined by Aswath Damodaran – professor of finance at NYU’s Stern School of Business – to talk tech. And in The Big Deal, Ameera and Edward Harrison discuss Western Digital, Yahoo, and Microsoft.
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The jobs report for May shows even lower unemployment rates, but does that mean it’s showing enduring strength and growth? Danielle DiMartino Booth says not so fast. Sanctions and tariffs are levied at both allies and enemies of the US, but are they effective? Ian Wilkie gives Bart Chilton his insight. Italy and other countries around the globe are facing political and economic turmoil; CEPR’s own Mark Weisbrot joins us as he gives us an international perspective! That and more on Boom Bust! [1093]
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We’re checking in on the hotel sector with Hilary Fordwich as she discusses the ins-and-outs of the industry with host Bart Chilton. Wall Street is breaking records left and right, Trinity Chavez has the story. Alex Mihailovich joins us from Toronto as Canada files a complaint against the United States with WTO.
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Sorry Panama Canal, but there’s a new girl on the block: Nicaragua has announced the start of work on a new canal linking the Atlantic and Pacific oceans. The Grand Canal of Nicaragua was launched by a Chinese company and is slated to cost $50 billion. Sceptics dismissed this rival canal as a pipe dream, but it’s now officially a reality – aiming to rival Panama's waterway and lift the country out of poverty. Erin weighs in.
Then, Erin sits down with Jim Grant – founder of Grant’s Interest Rate Observer and author of “The Forgotten Depression: 1921: The Crash That Cured Itself.” Jim tells us what happened in 1920 and 1921 that we should know and tells us how the inaction of government in the Forgotten Depression compares to the government policy during the Long Depression between 1873 and 1896, the Great Depression and the most recent Great Recession.
And in The Big Deal, Erin is joined by RT correspondent Lindsay France to talk about Mattel and Alibaba. Take a look!
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If you feel like you may have lost track of all the drama coming out of the G7 Summit in France, don't worry, because RT Producer Brent Jabbour is here to track storylines and subplots at the surprisingly controversial conclave. Plus dramatic developments just keep coming in the Trans-Pacific trade fight, but could there be cause for hope on the horizon? Peter Schiff of Euro Pacific Capital is standing by to delve into the details of what a deal might look like. And later, As if the trade climate couldn't get any more tricky, a new threat is descending upon one of the world's favorite fruits. Fred Kaufman, author of “Bet the Farm” peels past the headlines and takes a look at why banana farmers are going crazy with anxiety.
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Bart Chilton spoke with Trinity Chavez as she joined him in New York.
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Bitcoin continues to shatter records in its monstrous climb. But can the bull run sustain itself? Meanwhile, Congress has officially certified President-elect Joe Biden's election win, paving the way to his presidency, and world markets are reacting positively. Plus, amid the turmoil in the United States, COVID-19 is still ravaging the nation, which sees the deadliest day yet of the pandemic.
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The market beatdown continues in the U.S. with few bright spots, but when will we see the eventual economic sea change? Plus, the agriculture sector is taking a hit from the closing of borders in several nations around the globe. We take a look at what the impact of the COVID-19 coronavirus pandemic has been and break down the road to recovery.
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