Monday, 30 July 2018

Is Socialism Having Its Moment in US Elections?

In other industrialized countries, movement towards a democratic form of socialism has been strong enough to win national elections. So why hasn’t socialism ever become a powerful force in American politics? There are lots of reasons, as well as younger generations who align with socialist ideals that may bring the necessary gusto. NewsHour Weekend Special Correspondent Jeff Greenfield reports.

Sunday, 29 July 2018

The Future of Global Capitalism with David Harvey

David Harvey, Author of “Marx, Capital, and the Madness of Economic Reason,” discusses the future of global capitalism.

Thursday, 26 July 2018

Is There Another Financial Crisis in the Works?

In this regulatory environment banks borrow more and make riskier loans and "no one is watching them" says, professor Gerald Epstein

Wednesday, 25 July 2018

The David Rubenstein Show: Richard Branson

Jul.25 -- Richard Branson, founder of the Virgin Group, is an English business magnate, investor, author and philanthropist. He discusses dropping out of school at the age of 15, his inspiration for building an airline, the future of Virgin Galactic, philanthropy and Brexit in an interview with David Rubenstein in the latest episode of "The David Rubenstein Show: Peer-to-Peer Conversations," taped May 31.

Saudis Buy Former UK Prime Minister Blair for $12 Million

Tony Blair is available as a mercenary to modernize Saudi Arabia for $12 million, but not only that, China and oil companies have also hired him says Medea Benjamin, the author of Kingdom of the Unjust: Behind the U.S.-Saudi Connection

Sunday, 22 July 2018

The Next Global Financial Crisis Is Inevitable

It has been ten years since the last major financial crisis. With systemic deregulation undoing the safeguards, we are due for another crisis very one soon. Thomas Hanna, research director of the Democracy Collaborative’s Next System Project, says it is almost guaranteed

Saturday, 21 July 2018

Playboy Millionaire or Saint? - The Case of Florian Homm | DW Documentary

Sex, drugs & dollar bills - ex-banker Florian Homm lived a life of excess. Although the bachelor has swapped prostitutes for prayer, he remains one of the FBI's Most Wanted. Find out more in FROM HELL TO HEAVEN - THE CASE OF FLORIAN HOMM.

A successful career on the stock market ended with allegations of defrauding investors and fixing stock prices. Now Florian Homm claims to be a devout Catholic. He's cracked his cocaine addiction and now teaches economics - of course, by the book. But he faces a 225-year jail sentence if he steps foot on US soil.

Iran Currency Halves in Less Than a Year | Al Jazeera English

The value of the Iranian Rial has halved in less than a year. There have been further threats to the economy posed by the imposition of US sanctions and the loss of oil customers after Donald Trump pulled out of the nuclear deal. While some Iranians blame the Americans, others say their own leaders should have known better. Al Jazeera's Zein Basravi reports from Tehran.

Friday, 20 July 2018

Survival of the Richest & Donald Jeffries

Jesse Ventura and Brigida Santos discuss the corporate takeover of America and how stakeholder capitalism is harming the public. Author Don Jeffries talks about his latest book, “Survival of the Richest: How the Corruption of the Marketplace and the Disparity of Wealth Created the Greatest Conspiracy of All.”

Tuesday, 17 July 2018

Bond Market Indicating the Era of Easy Money is Over

How a New Aristocracy's Segregation Puts Stress on Society

Growing class division is destabilizing our society, argues author and philosopher Matthew Stewart in a provocative Atlantic magazine cover story. He says there's a group in between the top 0.1 percent and bottom 90 percent that plays an important role in running the economy, while setting up barriers that prevent most from realizing the American dream. Economics correspondent Paul Solman reports.

Another Way Trump Is Tanking The US Economy That Nobody Mentions

Donald Trump has managed to attack the US economy in ways that he doesn’t even realize, the latest revelation being that his presidency and the resulting anti-US sentiments across the globe have reduced foreign investment into the United States by 32%. That’s a significant loss in investment, and those numbers are expected to climb even higher with Trump’s trade wars and derogatory comments about other world leaders. Ring of Fire’s Farron Cousins discusses this.

Monday, 16 July 2018

“I Returned from Vacation to Find the Soviet Union Had Collapsed” – RAI with A. Buzgalin

On Reality Asserts Itself, Prof. Alexander Buzgalin says that he returned from a vacation in the countryside to find Gorbachev was arrested, Yeltsin was leader and the Soviet Union was no more - with host Paul Jay

Monday, 9 July 2018

Sunday, 8 July 2018

The Coming Collapse of the American Economic System with Richard Wolff

Economist Richard Wolff discusses the coming economic collapse of the United States of America with journalist Chris Hedges.

Friday, 6 July 2018

What Do Trump's Tariffs Mean for Global Institutions? | Inside Story

Last week it was Europe; this week, China. Step-by-step, US President Donald Trump's tariffs on steel and aluminium are taking effect and the world, in turn, is responding. In addition to the EU and, now China, countries as far afield as Canada and India have also slapped tariffs on American goods in retaliation for the Trump administration's levies on imported steel and aluminium.

The Trump administration has responded by threatening even more levies on foreign goods entering the US. But the fight between Washington and a growing list of countries is not just about trade. At last month's G7 summit in Canada, Trump was at odds with most of his country's closest allies. Many of the same tensions seem likely to cloud next week's NATO summit in Brussels.

In all these debates, President Trump talks about "winning" and what he calls "better deals." But it often seems like his real target is the web of international institutions and alliances that have evolved in the decades since the end of the Second World War - often at the behest of America itself.

So, can the global system of rules-based institutions survive Trump's efforts to undermine them?

Presenter: Adrian Finighan | Guests: Scott Lucas - Professor of International Politics, University of Birmingham (UK); Philippe Legrain - Former Economic Adviser to the president of the European Commission; Pauline Loong - Managing Director, Asia-Analytica

Trade Wars: More US Tariffs Expected on Chinese Imports | Al Jazeera English

Thursday, 5 July 2018

Will the World’s Oil Supply Continue to Flow Out of the Gulf? | Inside Story

Donald Trump's nuclear reaction is threatening to turn off the taps of the world's major oil supply. The White House is threatening countries which import Iranian oil to stop shipments by November - or face U.S. sanctions.

If that happens - the Iranians are vowing to stop all oil exports from the Gulf, including from the number one supplier Saudi Arabia.

Foreign ministers from France, Germany, Britain, China and Russia are expected to meet Iranian diplomats on Friday.

In Vienna, they'll be discussing how to salvage the 2015 Iran nuclear deal which Trump withdrew from two months ago.

Presenter: Adrian Finighan | Guests: Mamdouh Salameh - Author: 'Over a Barrel' and oil & energy expert; Hamed Mousavi - Professor of Political Science, University of Tehran; Sami Hamdi - Editor, International Interest magazine

Brexit-voting Areas 'Will Be Hardest Hit' Financially

They voted for Brexit, but may be hardest hit when we leave the EU. New research claims that households in Brexit-voting areas will see the steepest fall in income and an increase in the cost of living.

May’s Own Brexit Chief Rejects Her Latest Idea on Quitting EU

Jul.05 -- U.K. Prime Minister Theresa May is fighting to win Cabinet backing for her Brexit plan as a compromise proposal that aimed to unite warring ministers was rejected by her chief negotiator. Bloomberg's David Merritt, Teneo Intelligence's Wolfango Piccoli and Rabobank's Jane Foley discuss May's options on "Bloomberg Surveillance."

Bitcoin Bubble: Can Cryptocurrencies Recover from Their Price Plunge?

Wednesday, 4 July 2018

Report: GOP May Turn On President Donald Trump Over Tariffs | The Last Word | MSNBC

Politico reports that Republican senators are getting frustrated with Trump's tariffs, arguing that Trump doesn't understand how his tariffs are hurting the U.S. economy. Lawrence discusses the fallout with Jared Bernstein, Neera Tanden, and John Harwood.

Tuesday, 3 July 2018

Trump Tariffs Causing Market Buyers to Go to the Sidelines: Gartman

The Gartman Letter Publisher Dennis Gartman on the market impact from mounting trade tensions.

Monday, 2 July 2018

Is Donald Trump on an Relentless Quest to Corner Iran? | Inside Story

Oil production, prices and politics require a delicate balance. Donald Trump is urging oil-producing countries except Iran to boost output. He hopes that will keep prices low - and motorists happy with cheaper fuel - as he tries to force the Iranians out of the market.

Trump's pressuring allies to stop buying Iranian oil as a tactic to make Iranian leaders negotiate a new nuclear deal, after he pulled out of the 2015 agreement two months ago. Iran says it will find ways to export its oil, despite what he does.

So how much support can Trump garner for his economic assault against Iran?

Presenter: Elizabeth Puranam | Guests: Mohammad Marandi - University of Tehran; Scott Lucas - University of Birmingham; Anjli Raval - Oil & Gas Correspondent, Financial Times

Has America Worn Out Its Welcome?

The world is no longer interested in the US economy. Cenk Uygur and Ana Kasparian, hosts of The Young Turks, break it down.

Sunday, 1 July 2018

Yanis Varoufakis: Deutschland tritt aus dem Euro aus, wenn ... | Mission Money

Er galt als der große Euro-Schreck während seiner Amtszeit als griechischer Finanzminister! Doch waren die Vorwürfe von Politikern und Medien gegen Yanis Varoufakis wirklich gerechtfertigt? Im Interview mit der Mission Money vertritt Varoufakis spannende Positionen. Deutschland dürfe nicht für Pleite-Staaten haften, fordert er. Und außerdem werde Deutschland aus dem Euro austreten, wenn ein ganz bestimmtes Szenario eintritt....außerdem im Gepäck des Griechen: Zahlreiche Ideen, wie man die Euro Zone retten könnte! Das alles in unserem exklusiven Interview!!!! Hinweis: Das Video verfügt über einen Untertitel.

Canada's Retaliatory Tariffs Target US Republican Strongholds

Canada's response to U.S. tariffs on steel and aluminium includes tariffs on a number of consumer goods from the U.S., including whiskey and pizza, that will hurt the economy in targeted U.S. Republican states.

China Cuts Tariffs, Opens Markets While US Threatens Trade War | Al Jazeera English

China will cut tariffs on a range of imported consumer goods on Sunday, in a bid to show it's taking steps to increase imports. It says the cuts on goods from food to medicine are further evidence that its domestic market is opening up. The reductions come as the US continues to threaten tariff increases on billions of dollars worth of Chinese exports. Al Jazeera's Rob McBride reports from Beijing.