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Transcripts For CNBC Squawk On The Street 20160705

Oil is back below 48. Our roadmap begins with more volatility after last weeks postbrexit rally easing capital requirements. Plus, tesla deliveries come up short. The stock is down 4 . And the u. S. Are passing sued i arabia and russia in oil reserves, and falling below 50 even in the wake of those terrorist attacks in saudi arabia. Both oil stocks and futures moving slower than Economic Growth after the u. S. Equity markets posted their best weekly of the year. The dow and the s p gained 3 . Last week we used the term roller coaster a lot. And i dont know if you noticed, europe is having a banking crisis. Ground zero is italy, theyve had some issues again with month i depashi, and theyre not dramatically lower, and the situation and what triheyre gog to do with the recapitalization. They could hurt a lot of individual bond holders. Crisis is the right word . Italy is having a banking crisis. Many of their banks are bankrupt. The question is how. January 1, all the rules change. You ha

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Meet the foul-mouthed, Left-wing, working-class ex-City trader called Gary who's winning tens of thousands of YouTube followers by claiming HE has the formula for a fairer economy

As he tells it, the story of Gary Stevenson, a working-class geezer and self-styled YouTube economics guru is a tale worthy of a modern-day Charles Dickens.

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How Much Damage Can Central Bankers Do? A Lot.

How Much Damage Can Central Bankers Do? A Lot.
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

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As Irish economy teeters on the brink of recession, will there be a hard or soft landing?

The ‘soft landing’ scenario is now the dominant economic narrative supported by most of the agencies here, including the ESRI, Central Bank and the Government, but will it play out?

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Why central banks may have to slash interest rates sooner than they thought

The central prop of the global economic recovery is under immense pressure. If it topples, interest rates may come down faster than anyone is expecting.

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