whirlpool just closed the factory and that hurt my business my little bit. this i lost a lot of clients this is their home base and it always has been and in the beginning of the large development they promised us that they would always be due to the recession the corporate but he myth of home appliances hasn't paid us income tax since two thousand and eight by two thousand and ten nearly ninety nine percent of benton harbor residents were receiving food stamps while the approximately eighteen billion dollars in annual sales that think of purchased my last whirlpool appliance i don't even think i'll call for we care because too often in for too long those that have gotten rich has forgotten who's helped them to get there and they're willing to step. in that just doesn't sit we'll with my soul a soul living in one of america's poorest cities clothed in poverty and accessorized in corporate success arena porton. now is take a look at some other stories from around the world the newly elected problem and in egypt has started its first session the majority of th

putting jobs on a spin cycle will hang out whirlpool's dirty laundry next. to the capital account i'm lauren lyster. and what drives the world the fear mongering used by politicians who makes decisions to break through it's already been made can you trust no one. is in view with a global regime where we had a state controlled capital school sessions when nobody dares to ask we do our tea question more. president obama is on a three day visit to five states hill need to win in november to keep his job his next stop tonight michigan the state has seen rising inequality and a disappearing middle class especially the struggling blue collar city detroit its earned a reputation as a doomed place where no one in their right minds want to go this movie clip captures the emotion. of it. as for my american friends it's. true the moment. so you get to detroit. really. well that insult to injury there is one town in michigan that is the problem of corporate greed crippling the community while apple and many companies ship jobs overseas another company has found a way to

that think of purchased my last whirlpool appliance i don't even think i'll call for we care because too often and for too long those that have gotten rich has forgotten who's helped them to get there and they're willing to step on us in that just doesn't sit we'll with my soul a soul living in one of america's poorest cities clothed in poverty and accessorized in corporate success arena porton party. you know just a few minutes or an hour to yalit debate joe crosstalk takes a look at a new financial black hole opening up stateside with the ongoing billion dollar presidential campaigns i do stay with us for that and of course corrina who's next with the business. hello and welcome to our business here in r.t. i will go straight to our top story the european union has formally adopted an oil embargo against iran over its nuclear program it involves an immediate ban on all new oil contracts with iran however all existing contracts will be valid until first of july energy strategies carol was davis from b.m.p. perry by believes that any e.u. led sanctions against this middle eastern cou

johnson control off 18%, whirlpool down 39%. do you still like any of these, any money still? >> we've sold whirlpool in the middle of last year, clearly we were very early about a rebound in housing. and whirlpool really is not at the top tier of quality so we were very quick to get out of that. >> tom: took your losses there. others that you liked back then, jp more begun and wal-mart. those were split. wal-mart up about 9%. mcdonald's was a big winner, of course this stock was just off of record highs just in the past couple of weeks, up 32%, do you still like these? >> we still continue to own them. we took some profits to mcdonald's because of the increased valuation. and you can put that in pepsi which is not done what mcdonald's has done. we like morgan, a little early there and we continue to like wal-mart. >> tom: except for whirlpool you own everything we mentioned. >> that is correct. the firm owns it and i own it personally. >> tom: our friday market monitor from new york, hank smith. skuz and that's fightly business report that's "nightly business report" for frid

that think i've purchased my last whirlpool appliance i don't even think i'll call for we care because too often in for too long those that have gotten rich has forgotten who's helped them to get there and they're willing to step on us in that just doesn't sit we'll with my soul a soul living in one of america's poorest cities clothed in poverty and accessorize in corporate success arena porton party and we are up to date so let's see what's happening in the world of business with kareena. hello welcome to business here in our team european leaders are meeting on monday to discuss the long term plan to tackle the region's debt crisis some analysts say it's a massive debt write down for greece that could put the eurozone back on its feet but a western from out on believes that the markets have already priced in the jitters likely to edge higher. well everybody's going to await the sort of decision or some some kind of agreement between greece and its creditors just going to be the key event to some extent it was last week. again what we saw last week was that any delay negative news did

that think of purchased my last whirlpool appliance i don't even think i'll call for we care because too often in for too long those that have gotten rich has forgotten who's helped them to get there and they're willing to step on us in that just doesn't sit we'll with my soul a soul living in one of america's poorest cities clothed in poverty and accessorize in corporate success arena porton thirty. all right as i promised our time now for the business news kareena joins us next. thank you rory hello and welcome to our business here in r.t. thanks for joining us this hour the european union has reportedly agreed to the details of a possible embargo on oil deliveries from iran sanctions are part of the plan to stop iran developing its alleged nuclear weapons program iran meanwhile has counterattacked threatening to block a major shipping corridor for oil the horrible strait now one wonders let's talk to gals lewis davis energy strategist at a very bad hello gary thank you for joining the program so as i understand iranian oil embargo still needs to be formally approved by the e.u. fo

that think i've purchased my last whirlpool appliance i don't even think i'll call for we care because too often and for too long those that have gotten rich has forgotten who's helped them to get there and they're willing to step. in that just doesn't sit well with my soul a soul living in one of america's poorest cities in poverty and accessorize in corporate success arena porton party new york. and we had max fred wolf on in just about a half an hour to dig deeper into this story so stay tuned for that well the battle for internet freedom led to large protests and several web sites being hacked today in poland the polish government signed on to the act the copyright protection treaty acta or the ansi counterfeiting trade agreement requires internet service providers to monitor all user activity for possible copyright violations it also gives trademark owners and police great authority to violate privacy while investigating suspected violations artie's lefkow euro chef has more on the protests from orissa. well this document called the courtesy trade agreement which has been signed b

involve the community in two thousand and nine whirlpool received a nineteen point three million dollars grant from the federal government in part to create jobs and i think our u.s. workforce certainly. factory workforce if you will is that is the best among the world so we're very confident in the future of u.s. manufacturing for our kind of products one year later the corporation received nearly twenty million dollars from the state of michigan to expand its facility which now serves as a gateway into benton harbor it's good for the community good for the state and good for your business as well there's a real art to that but as the u.s. based corporation has grown globally you know you're. more jobs have been outsourced to countries demanding less wages today the former blue collar community of benton harbor remains a victim of america's deindustrialization and growing population pool has seventy one thousand employees around the globe but no longer manufactures home products in its hometown it still remains a recipient of u.s. state and federal stimulus funding. more open to just cl

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though the whirlpool formed a strong water splashing against one side of the ravine and then against the other water anything that falls into the whirlpool gets sucked down to the bottom people trying to swim walk across it end up drowning. there have been several deaths as a result. that's why this place is infamously known as a devil's. bottle. there are four major waltz ways in the caucasus reserve a river is one of the deepest which has been put something the small hydro power station supplies electricity to the heart's in the upper reaches of the reserves northern sector ranges stay for the night. but the vote by. claiming there is a. good w. bush will wherever he can get from any spraying a small river would be a cure more grim about a soul fit for drink. international rafting competitions take place on the bella river every year the route is extreme the rapids and near impossible to clear. admission free accreditation free transfer charges free. range month free risk free studio time free. download free broadcast quality video for your media projects a free medio dog a hearty

though the whirlpool formed a strong water splashing against one side of the ravine and then against the other . anything that falls into the whirlpool gets sucked down to the bottom people trying to swim walk across it end up drowning. there's been several deaths as a result. that's why this place is infamously knowing. there are four major waterways in the coaxes reserve a river is one of the deepest which dam has been put up but the small hydro power station supplies electricity to the hot sun the upper reaches of the reserves northern sector ranges stay for the night. claiming there is a. w. bush route where you can get from any spraying a small river border to hear more from about a soul faithful drink. international rafting competitions take place on the bella river every year the route is extreme the rapids and near impossible to clear. a cargo helicopter flies through a mountain before it reaches the weather station and juga good is situated in the mountains of the caucuses nature is a as an altitude of more than two thousand meters above sea level it is the optimised station

the water rises quickly when the snow melts or after terentia all ranges of the above though the whirlpool formed a strong water splashing against one side of the ravine and then against the other . anything that falls into the whirlpool gets sucked down to the bottom people trying to swim or walk across and end up drowning were. there have been several deaths as a result. we're live over to be that's why this place is infamously knowing that it's not the devil's in the bottle. there are four major waterways in the coaxes reserve a river is one of the deepest which is down has been put up but the small hydro power station supplies electricity to the hearts in the upper reaches of the reserves northern sector ranges stay for the night. vote by. claiming there is a. you can get any spray. you're more grim about. drinking and. international rafting competitions take place on the bella river every year the route is extreme the rapids a near impossible to clear lead . you know how sometimes you see a story and it seems so for langley you think you understand it and then you glimpse something el

the other water anything that falls into the whirlpool gets sucked down to the bottom people trying to swim walk across it end up drowning. there's been several deaths as a result. that's why this place is infamously known as the devil's in the bottle. there are four major waterways in the caucasus reserve a river is one of the deepest which has been put up but the small hydro power station supplies electricity to the huts in the upper reaches of the reserves northern sector ranges stay for the night. but the vote by. claiming there was a. well w. bush. you can get from any spray. you're more going about. drinking and. international rafting competitions take place on the river every year the route is extreme rapids and near impossible to clear. through the. this month chunks by particles that make up the fabric of the universe find what you're looking for in the deep siberian forest. of lasers in fibers pull out your tablet of a new gaming religion and let the inventor begin all of that here spec knology update here on r.g.p. we've got the future covered. we have seen the damage it