FROM Susan Eggman
Stockton Files for Bankruptcy: Who's Next? Earlier this week, we heard that the City of Stockton was into mediation with creditors and public unions, but no agreement was reached in time to avoid bankruptcy. Last night, the City Council adopted what it called " a survival budget ," making Stockton the largest American city to seek protection from creditors and unions in US bankruptcy court.
Stockton Weighs Bankruptcy Stockton is an hour east of the San Francisco Bay Area, a city of almost 300,000 people and a port on the San Joaquin River. During the housing boom, the population increased, and that led to investments in public projects. But the housing collapse brought Stockton the second highest foreclosure rate in the country. If negotiations with creditors don't produce a settlement by tomorrow, it could become America's largest city to declare bankruptcy .
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.
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.