Greece & its creditors approve 3rd bailout deal
Greek members of parliament voted early Friday morning to approve a new multi-billion euro bailout deal aimed at keeping the nation afloat. That deal has also now been approved by Greece's Eurozone partners. The deal requires tax hikes and more tough spending cuts, of course, all in return for 85 billion euros in loans. This is Greece’s third bailout program in five years, and now creates an opening for the country to pay the 3.2 billion euros it owes to the ECB on August 20. Ameera David weighs in.
Then Anthony Randazzo, director of economic research for the Reason Foundation, is on the show to talk about the US economy and the strong dollar.
After the break, RT correspondent Alexey Yaroshevsky takes a look at Ferguson a year after anger erupted over the shooting death of Michael Brown. Alexey spoke with a store owner about the struggle to rebuild his small business. And Edward Harrison discusses bitcoin with the CTO of iNation, Christian Saucier.
And in The Big Deal, Ameera and Erin Ade talk about alternative currency.Some Greeks are using something called TEM.
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