Subprime Bubble is Done, Da Costa on Financial Regulation

from Boom Bust

lass=”” >On Tuesday, Brazil’s general prosecutor asked the Supreme Court to arrest three different senators in connection with a corruption investigation regarding Petrobras. And Royal Dutch Shell says it will close up shop in up to ten different countries in an effort to minimize costs. Ameera David has details. Then Boom Bust’s Bianca Facchinei details how the EU is proposing a number of new ideas to both successfully integrate refugees and curb the number of economic migrants. Afterwards, RT correspondent Manuel Rapalo gives insight into the US Federal Government nearing approval of the first ever private space mission to the moon.
After the break, Edward Harrison talks about financial regulation with guest Pedro Da Costa, Editorial Fellow at the Peterson Institute for International Economics. And in the Big Deal, Edward Harrison and Ameera discuss the potential for problems in the US auto market, especially in the subprime area..
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