FROM Marshall Auerback
Greece: A Country that's Too Big to Fail According to one official at the International Monetary fund, "if a government wants to cheat, it can cheat." So it was "perfectly legal" back in 2001 for Goldman Sachs and other bankers on Wall Street to help Greece borrow beyond its means. That's according to Nelson Schwartz, financial reporter for the New York Times .
Greece: A Country that's Too Big to Fail According to one official at the International Monetary fund, " if a government wants to cheat, it can cheat ." So it was "perfectly legal" in 2001 for Goldman Sachs and other bankers on Wall Street to help Greece borrow beyond its means. Now, these same banks stand to profit from the crisis they helped create. Germany, France and other countries are less than eager to bail out a fellow EU member, and that could mean trouble for Italy, Spain and Portugal, too. Now hedge funds are betting that Greece won't be able to pay its debts and that means the Euro could be in trouble. Is Greece a victim of financial predators? Should the Greek people suffer cuts in salaries, pensions and benefits? What does it all mean for the dollar?
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.
What happens when America retreats from the world? Is President Trump taking his "America First" agenda to extremes, withdrawing the country from the international stage on trade and climate change, distancing America from its traditional allies across the Atlantic and even threatening to physically isolate the country through the building of a wall along its southern border? León Krauze guest hosts.
What is Trump's plan for Middle East peace? On his first foreign tour, President Trump has promised "peace" between Israel and the Palestinians. Are there any details for re-starting talks that have been stalled for the past three years?
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.