Boom Bust: IMF cuts US growth outlook

Pro-golfer Rory McIlroy has withdrawn from the upcoming Olympic games over Zika fears and the IMF has downgraded its projection on the US economy; Ameera David weighs in. Then, Bianca Facchinei takes a look at a lawsuit filed against Puerto Rico’s government. Afterwards, Ameera sits down with Lenore Hawkins to talk about Italy’s recent election and its impact on their economy.

After the break, Ameera is joined by Steve Hanke to talk about Venezuela and OPEC. And in The Big Deal, Ameera and RT’s Alex Mihailovich discuss Canada’s housing market.