Deep establishment. Is a process. You cut government spending, increased taxes in order to balance the governments books but you fail. Yes, you reduce government expenditure, but on the other tax, the economy shrinks so a reduced and your books dont balance a you cut even more. It shines even further and cut more, so it is a neverending downward spiral. Amy then six weeks after Hurricane Maria hit puerto rico, millions still lack clean Drinking Water and electricity. Just back from puerto rico, we will bring you a report from the interior where the storm has exploded the fault lines of poverty and austerity. My name is carmen. Everything here was destroyed. It is not easy to be struggling like this, doing everything by hand. There are Sick Children and elders. That is how it is here. My father vanished. He died. So that hasnt been easy for us. We are alive. We have to thank god amy all that and more, coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im
Elites benefit from global capitalism with former greek finance m minister Yanis Varoufakis. Is due book, adults in the room my battle with europes deep establishment. Is a process. You cut government spending, increased taxes in order to balance the governments books but you fail. Yes, you reduce government expenditure, but on the other tax, the economy shrinks so a reduced and your books dont balance a you cut even more. It shines even further and cut more, so it is a neverending downward spiral. Amy then six weeks after Hurricane Maria hit puerto rico, millions still lack clean Drinking Water and electricity. Just back from puerto rico, we will bring you a report from the interior where the storm has exploded t the fault lines of poverty and austerity. My name is carmen. Everything here was destroyed. It is not t easy to be strugglig like this, doing everything by hand. There are Sick Children and elders. That is how it is here. My father vanished. He died. So that hasnt been easy f
Hero who was killed in action fighting for another country. Im 09 oliver north. Coming to you in england. He was one of a handful of american pilots who defied the neutrality laws in the United States to join the Royal Air Force during a desperate battle. With this island nations last line of defense. Flying spit fires and hurricane through narrow runways across southern england, swarmed into the air to take on the enemy and deadly epic combat. Come along with war stories for a thrilling ride with the yanks and the raf. Summer 1940 all of Continental Europe is in hitlers iron first. Britain is the lone hold out against the nazis. In the skies over england, the Royal Air Force battles the germans in a fight to the death. It was really britain against the world in a way that hasnt happened before. Everybody knew they were fighting for the survival of that country. Alex care shaw spent three years researching the americans who fought in the battle of britain for his book. It came down to
Ramy we are just off of session lows but i have to say that on fears of what is happening over at the fed, traders are concerned about the rising potential of an Interest Rate hike as early as june, and even here today, all the major indices are down for the year. We are down. 7 , similar to the s p. Pop into the bloomberg with me and i want to show you the sector health. Seven of the 10 sectors are in the red. Industrials are down the most, down by 1 , as it has been for most of the day, followed closely by financials. Utilities are the highest, but with Consumer Staples the secondhighest, half a percent here. Going back to industrials, they are down in large part because of what is happening with the airlines. This is down by about 2. 5 , in large part because of temper airrs, because of egypt flight being lost between paris and cairo. Officials saying terrorism cannot be ruled out. Lets take a look at what is happening even deeper in the Airline Board with specific stocks. Across th
Stock market futures dow up 62 s p up 6 1 2 in asia nikkei rising half a per cent ending the week with a loss in china, the shanghai composite ended higher. 6 Oil Prices Falling two straight sessions lets look at oil this moment 4857 a 41 cent yashgs hoa ceo better lower expectations for selling her company, the bid to buy yoohoo Internet Business two to four billion dollars will have a what was expected. The latest in sports for you in i have the b. A. Players of Cleveland Cavaliers perfect postseason beating rop torz in nhl sharks take the lead over the st. Louis blues. Congratulations you made it through the week friday, may 20 welcome to fbn am first look what is moving the latest breaking news what to expect for the day ahead. Intense search for egyptair flight 804 continues from air on the sea, after the plane with 56 people onboard crashed yesterday, while flying to cairo from paris here is what we know at this moment, and there is a lot of breaking news reuters reports Egyptian