Is US really at “full employment”?
The Obama administration may be set to block China’s acquisition of German manufacturer Aixtron. Plus, oil continues its rally following an OPEC production cut deal. Ameera David has the details. Then, Bianca Facchinei takes a look at Indian auto sales, which plummeted in November due to the government’s destruction of billions of banknotes. Trinity Chavez then joins from New York with the details on a new bill that will allow consumers to sue credit card and financial institutions (including Wells Fargo) over fraudulent activity.
Following the break, Steve Keen of Kingston University tells Ameera why he thinks a possible Italian exit from the European Union would be disastrous for the bloc. And finally, in The Big Deal, Edward Harrison examines the latest US jobs data and why claims that the country is at “full employment” may be misleading.
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