This is the weakest expansion in post-war history
The top story: The US’ GDP has advanced at a weak 1.2 percent in the second quarter of 2016. Ameera David has details. RT correspondent Lindsay France talks to supporters of Senator Bernie Sanders to get a sense of their mood as the Democratic Presidential Convention comes to a close. Boom Bust’s Bianca Facchinei looks at a report by the IMF’s internal watchdog, rebuking the fund for its handling of the European sovereign debt crisis. Meanwhile RT correspondent Anya Parampil outlines exactly why Facebook could now owe five billion in taxes.
After the break, Edward Harrison talks to Tematica Research CIO Chris Versace about the US economy and earnings. And in the Big Deal, Ameera and Edward review the GDP numbers coming out of both the US and Canada.
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