Boom Bust: Auerback on Brexit, Softbank’s new ARM
The top story: Markets were mostly up, shrugging off concerns over a failed coup in Turkey. And new British Prime Minister Theresa May is to visit German Chancellor Merkel for the first talks on UK’s post-Brexit place in Europe. Ameera David has details. Afterwards, Boom Bust’s Bianca Facchinei reports on the 24 billion pound acquisition of British mobile chip powerhouse ARM by Softbank. Then, RT Correspondent Marina Portnaya discusses how U.S. regulators let HSBC off the hook despite money laundering allegations because they thought it was too big to jail..
After the break, Ameera David talks about Brexit and its consequences with Marshall Auerback, research associate at the Levy Economics Institute. And in the Big Deal, Ameera and Edward Harrison discuss the of populist candidates and Europe and the likely impact on growth.