News. Views. Hughes - August 5, 2019 (17:00 ET)
Chinese Yuan weakens causing panic
The Chinese Yuan has sank to its lowest level in 11-years as investors fear Beijing will force China’s largest banks to bailout smaller regional ones. At the same time Trump has accused China of currency manipulation suggesting Beijing and Washington are no closer to solving their long running trade war. RT America’s Sara Montes De Oca and Boom Bust host Christy Ai join News Views Hughes with the latest details.
Turkey set to attack Kurds in Syria
In a speech Sunday Turkish president Recep Tayyip Erdogan renewed a pledge to carry out cross border military operation in Syria. The Turkish President said the goal of the planned offensive is to dislodge Kurdish fighters that remain close to the Turkish border. RT America’s Rachel Blevins joins News Views Hughes with the details.
Obama library causes GENTRIFICATION concern
As construction is set to begin on the Obama Presidential Center in Lakefront Park, Chicago, excitement is starting to be replaced with fear that the new library will cause gentrification in the area. Local residents fear the current subsidized housing in the area will be replaced with luxury condos and apartments. Attorney and real-estate expert Ravi Kantha joins News Views Hughes to discuss.