Boom Bust: Britain has an entirely new government three weeks after Brexit

The top story: Stocks are higher and the British pound is higher after the Bank of England held rates. But, the CEO of the world’s largest asset manager says the market shouldn’t be at record highs. Ameera David reports. Afterwards, Boom Bust’s Bianca Facchinei describes what’s happening in the world of technology, drawing particular attention to the fact that Microsoft has won a federal appeal over warrants for data held outside the United States. Then, RT Correspondent Anya Parampil reports how EU antitrust regulators have now opened up a third antitrust front against Google.

After the break, Ameera David talks about Puerto Rico to Richard Wolff, professor emeritus at the University of Massachusetts at Amherst. And in the Big Deal, Ameera and Edward Harrison discuss the fact that Britain has already formed a new government an astonishing three weeks after the vote to the leave the European Union.