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14 Aug, 2018 07:12

Russia reduces US exposure while Turkey’s slide spooks investors

Russia is responding to US sanctions by selling off US dollars and Treasury bills, while Brussels targets ‘citizenship for sale’ policies in the EU with an eye to cracking down on money laundering. Meanwhile, a US jury’s verdict against Monsanto may open the floodgates to more damages. Sara Montes de Oca explains. Melissa Armo looks at the stock market’s gyrations, and Steve Malzberg looks at the retail sector.

US unemployment numbers have fallen below four percent! Ex-VW CEO charged with fraud, Arizona teachers go back to class, and Amazon puts Seattle on notice. Bart’s colleague from the CFTC days Jenny Lee discusses whether or not CFPB now stands for Corporate Financial Protection Bureau. Steve Malzberg and Jeffery Small react to the latest stats on the US economy in the age of Trump. All this and more on Boom Bust!

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