Turkey, Russia approve Turkish Stream pipeline

A new report alleges the European Banking Authority bent rules to allow Deutsche Bank to perform better on a yearly stress test. Plus, the Nobel Prize committee awards Oliver Hart and Bengt Homstrom this year’s economics award. Edward Harrison has the details. Bianca Facchinei then looks at new data showing that the top 1% of American society has seen their income recover multiples more than the bottom 99%. Then, Alex Mihailovich joins from Toronto with the latest on Canadian airlines moving to restrict the use of the Samsung Galaxy Note 7 on their aircraft.

After the break, Steve Hanke, Professor of Economics at Johns Hopkins University, discusses how gold and oil prices are affecting each other. And finally, in The Big Deal, Ashlee Banks examines the just approved Turkish Stream pipeline project, signed today by Russian President Vladimir Putin and Turkish President Recep Erdogan.

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