The Pentagon says its bombing campaign in Iraq is costing taxpayers up to 10 million dollars a day. But according to a leading Washington-based think tank, the bill is even higher…much higher. Watch the video to see just how much bombing Iraq may actually cost.
82 percent of California is experiencing extreme drought and farmers in California’s Central Valley are looking for water elsewhere- underground. Well drilling for groundwater in the state has doubled and even tripled in some counties. Bloomberg heads to a dairy farm to learn more about the drilling boom.
A look at why you should never believe everything you read in the news, as well as what one of America’s biggest bank’s financial statements can tell us about the overall US economy.
This week, Ivan Lo talks about how the Fed influences the stock market and how central banks, such as Japan, directly influence stock prices. Read more to find out where much of the liquidity provided by central banks are going.
What is the biggest business in your home state? GM drives Michigan, the Keurig Green Mountain Coffee company brews best in Vermont, and Sands is luckiest in Nevada. Bloomberg’s Yang Yang looks at the United Companies of America.
Iraq’s capital Baghdad may — for now — be safe from the militants that overran the northern city of Mosul last week in a lightning fast advance. But after large-scale defections from an Iraqi Army that the U.S. largely built from scratch, Bloomberg’s Willem Marx looks into America’s spending on other country’s militaries, in today’s Big Question. Video by: Brian Kartagener
A decade after the American invasion, Iraq is as fragile, bloody and unforgiving as ever. The battle for control over energy and its corridors will continue to get worse. Tensions in the Middle East will grow as Russia makes further advances in attempts to gain further control of the energy flow in the Eastern Hemisphere, forcing the West into taking unfair action. Here’s a look at the pipeline battle between the East and West and how the South Stream Pipeline project could cripple the Western regime.
Vladimir Putin faced a barrage of tricky questions in France from the media ahead of his meeting with world leaders at the 70th anniversary of the Normandy landings. Here are his best replies on key issues: Ukraine, Crimea, relations with the US, and others. Here is the full interview.
President Barack Obama visited Tuesday with European leaders in Warsaw, Poland. Pledging $1 billion in military aid to eastern European NATO and non-NATO member countries, the White House intends for the funds to increase military cooperation and send a message to Russia. The funds must still be approved by Congress before being distributed. RT’s Marina Portnaya goes in-depth with the details of the plan.
Every day we’re blind-sided by yet another piece of news that encourages us to forget about the importance of the news that happened the day before. Every day we’re misguided by politicians or bankers that make us believe what they want us to believe. Today, I want to share with you what’s REALLY happening between Russia, China, and the United States.
Cyber espionage has become a super-sized stumbling block in the relationship between the U.S. and China. In The Big Question, Bloomberg’s Willem Marx examines the value of that relationship and the stakes for American tech firms if China decides to freeze them out.
China vs. U.S.: Is a Trade War Inevitable? Watch as “The Coming Collapse of China” Author Gordon Chang, Heritage Foundation Chief Economist Steve Moore and Eurasia Group Asia Director Nicholas Consonery discuss U.S.-China trade relations.