be here witht to arianna huffington, the founder of "huffington post." u just finished this panel where you talked about unplugging, unplugging all your devices and thriving in this hectic world. before we get to all of that, arianna, let's talk about your greek heritage and what is going on in greece. how do you feel about it? arianna: it is really a terrible moment for greece. troika hasel the made it really difficult to find a solution. i think their reluctance to toegotiate the terms, recognize the incredible amount of suffering inflicted on the greek people, 25% of the gdp has been lost over the last few years. it's not as if greece has not done what the troika has asked. there is no economic recovery. without economic recovery, it is nearly impossible to achieve what the troika wants. betty: that the troika says it is not enough and there has to be more pain. they also feel like they are dealing with a government that is run by -- for lack of a better word -- amateurs and politics. arianna: they government is in place because of the amount of pain a

we just don't know what the data can do, and he and arianna huffington are both talking about what some of the possibles of data and media and -- how this can possibly transform our lives and make things -- you can see all sorts of positive ways. say the practice of medicine. you have all this data at your fingertips. arianna is hoping that there will be ways of assessing -- not just looking at the facts but assessing the truthfulness of different claims. she calls it a half truth 2.0. and that would be wonderful. i think you have to deal with, though have a set of criteria everyone can agree on, on what is a fact, and what is just an opinion. obviously you can't have 2.0 -- i call it true because it's my opinion. it has to be about everyone agrees are facts. and might even be -- there's going to be things that are going to agree on facts some opinion or whether it's opinion and fact. so perhaps, it would be a wonderful starting point if just the facts you could get so that you could say no that person got his facts wrong and everyone would agree. that would be a really great advance, t

. -- arianna huffington. much more. we will be right back. ♪ mark: it is 11:00 a.m.o, 2:00 p.m. in new york, 9:00 p.m. in athens. scarlet: this is bloomberg market day. prime minister alexis tsipras remains firm on a referendum. my cow is doing even worse. revenue at the gaming hobbies the lowest in four years. mark: mtv, is it a thing of the past? mom" aren'tteen bringing in the ratings it used to and it is bringing life crisis for the parent company, -- bringing a midlife crisis for the parent company, viacom. good afternoon from bloomberg world that quarters in new york. i am mark crumpton, here with scarlet fu. scarlet: u.s. stocks falling, europe higher. a little bit of a like down in the last couple minutes here. financials are leading the advance. if you look at the dollar, it

arianna huffington is greek, people asked her would have you voted for the austerity or what? she said no, i wouldn't, we don't need austerity, we need to forgive the debt like the germans forgave their debt. the difference is that the germans are economic powerhouse, they have economic policies that encourage export, innovation. kennedy: they're also able to collect their tax debts which greece has not been able to do. 89% uncollected tax rate in greece. 2.8 in germany, angela merkel saying if we can do it, anyone can do it. >> how did they go broke? i'm paying $20 for a greek salad everywhere i go, without chicken! and god forbid you want shrimp. kennedy: chobani! >> you just got your third mortgage on the platter. >> financed the platter. kennedy: boy, is it delicious. what makes me sad is i have such a special place in my heart for greece, i was eastern orthodox christian, baptized in greece, i studied at ucla, i love greek philosophy, i don't think i could love it more, seeing what people are doing to their own country and how irresponsible they're being, it breaks my hea

i mentioned arianna huffington. she said earlier, we think trump is partly the media's creation.ou think we're at the point where the press should not be paying at much attention to him? >> the press does what the press needs to do for its own survival. that's what we're all about. we're all about survival. he's trying to survive. here is a fact they're going to give him as much press -- as long as he stays relevant as long as we keep talking about it. what he did was disrespect our community. i can't speak for all latinos. i know one thing about our communities, plural it's respect. you may not have a lot. if you have respect, you're welcome in our homes. this man has really mischaracterized the nature of the immigrant community and the incredible contributions they have made and continue to make just because he's focusing on the criminal element which every community has. >> is there anything you think trump can do to improve his numbers within the hispanic community? >> i think it costs nothing to apologize. to say, you know what, looking back at my words, i see how you can ta

later this hour, you will be hearing from arianna huffington.ls us why she decided to stay in the wake of aol being acquired by verizon. scarlet: good afternoon, everyone. alix: let's get straight to the markets. you are seeing a slight rally. steam when lose some the euro group chief

we saw arianna huffington of the huffington post -- choose vocal about this.it was time for europe -- to embrace greece and realize that it cannot cut its way to growth and prosperity. ian bremmer is saying that democracy in europe is turning into every nation for itself. vanic is saying there will be a de -- there won't be a deal that solves anything. we will continue monitoring it all morning. in the next hour, find out what the smart money says about greece's future and why one of the world biggest banks says it is certain. ♪ of july,its the sixth i'm rishaad salamat, and this is "trending business." we will be live in athens in singapore -- this is a look at what we are watching. alexis tsipras 160% of the vote to reject an austerity measure. the prime minister says he will return to talks with the mandate to strike a deal. happens is denying that the referendum was a verdict on the euro. yanis varoufakis says they will not have parallel currencies. shanghai is heading for its biggest rally in seven years after china act simply restores -- let us know you

i just googled it and i found the two names that jumped out at me george soros and arianna huffington. can you explain why you have support from such a left-wing force? guest: sure. i am not involved in the financing of the center. i'm a journalist. i can definitely say that if you go to our website we have a list of numerous funders, some of whom are conservative, some of whom are liberal who support our work. we are an investigative news organization and we take money from any source, foundations primarily, and individuals who want to support our work. we would encourage anyone regardless of political persuasion to look at the work that we do, judge it for themselves, and support it if they'd like to. host: can you tell us about where you worked before you came to washington? guest: seven years at the dallas morning news before politico. and then before that the mighty "eagle tribune come -- tribune," covering mighty new hampshire politics. host: as you said, dave levinthal, a man who knows campaign finance inside and out. we have about 10 minutes left rear questions. robert, line f

i just googled it and i found the two names that jumped out at me george soros and arianna huffingtonyou explain why you have support from such a left-wing force? guest: sure. i am not involved in the financing of the center. i'm a journalist. i can definitely say that if you go to our website we have a list of numerous funders, some of whom are conservative, some of whom are liberal who support our work. we are an investigative news organization and we take money from any source, foundations primarily, and individuals who want to support our work. we would encourage anyone regardless of political persuasion to look at the work that we do, judge it for themselves, and support it if they'd like to. host: can you tell us about where you worked before you came to washington? guest: seven years at the dallas morning news before politico. and then before that the mighty "eagle tribune come -- tribune," covering mighty new hampshire politics. host: as you said, dave levinthal, a man who knows campaign finance inside and out. we have about 10 minutes left rear questions. robert, line for rep

let's not forget there is a long history with huffington post. ariannanderstand why her husband left her for another man. that has no place in the political debate. i'm okay with their decision. >> interesting. your take on this? >> it's interesting. curious precedent. huffington post. let's not pretend that media outletst don't have to make decisions who and how they cover presidential politics. huffington post is saying very clearly we are going to favor hub stance over entertainment. they are putting trump's vaudvilleian candidacy on the entertainment page. >> is he is leading in republican polls on republican primary. side show moving off politics page. >> i'm sure that the only thing cares about he is getting covered doesn't care whether it's under entertainment or politics or anything else. >> i don't know how much the politics page. thank for waking up with us. >> thanks for having us. >> coming up next, imagine seeing. this people carrying rifles with smiles on their faces walking through parking lots. the scare had an entire community living in

arianna might know. want to call ms. huffington? >> that's the same question.not left enough? >> actually i don't think her personal politics match the politics of that website. >> maybe not considering she's worth about $300 million. or maybe not anymore. not as much? >> if you make money doesn't mean that you have a particular political division. >> usually you're in the tax frees, raise everybody else's taxes like the millionaires. is that what they call them? >> we're going to move on at this point. we had the ceo of caterpillar on -- >> you can chime in maggie. >> i want you to listen to what doug had to say about caterpillar and economic growth yesterday. >> the fact of the matter is it's a 2% growth economy. and 2% doesn't allow companies like us, industrial companies and a lot of others to invest and grow employment. >> maggie wilderotter is our guest host. do you agree with doug? >> i do. you know, i think that we're kind of limping along at 2%. i think chaens are investing but they're cautious. and will they get returns on those investments? and there