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Saudi Arabia's Oil War: Bankrupting US Companies and Buying Them Up

Saudi Arabia's Oil War: Bankrupting US Companies and Buying Them Up
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On today's episode of Loud & Clear, host Brian Becker analyzes the oil war between the United States and Saudi Arabia with author Marin Katusa.

As oil dropped dramatically during the past two years the question of widespread bankruptcies looms for debt-laden US companies that drove the oil boom. Adopting a strategy to drive US companies into near bankruptcy, Saudi interests are now buying up these same companies for a song in an oil price war to bankrupt and then takeover US Oil companies?

France has been hit by a week of strikes in the aftermath of the government passing anti-labor legislation making it easier to hire and fire workers, and stripping workers of other basic rights. But despite protests already raging for two months, President Francois Hollande vows he will not give in. Alex Gordon, the former President President of the Rail, Maritime and Transport Workers (RMT) Union in Britain, joins Becker to discuss this recent wave of labor unrest in France.

Today is Malcolm X Day, commemorating the 91st birthday of one of the most prominent figures in the Black liberation movement in the United States. Professor Jared Ball, the co-editor of Reinvention of a Lie: Correcting Manning Marable's Malcolm X joins Becker from Baltimore to discuss Malcolm X’s  legacy and its importance in today's struggles for racial justice and equality.

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