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united states and around the world. i'm fareed zakaria coming to you from new york. today on the program, panic in the markets as the banks need rescuing again. i'll ask one of the people who was at the center of the storm the last time around, the former ceo of goldman sachs lloyd blankfein about whether the system is stable. and is your bank account safe? also, how did it come to this? did we learn the wrong lessons the last time? i'll talk to gillian tett of the financial times. then, don't mess with the french people's retirement plans. that is the lesson from weeks of strikes...

From august, the tax on draft beer and cider will be up to 11 pence lower than the tax on beer and cider in supermarkets. he was keen to claim, this would have been improbable to enact when britain was part of the european union. he voted to remain but feels he must band hardliners. it is worm recalling that the benefits of brexit were supposed to be a lot more than a bar beer subsidies. boris johnson and other brexit-ers, wanted a lightly taxes global behemoth, a singapore on tems that would break down and take back presidents on the global stage. of course that didn't happen. having broken a...

With glenn. it's not sufficient to establish that knowledge. >> but if anyone knew anything about the trump organization the way donald trump works and nunberg has said this publicly, others have said this to reporters, michael cohen said this today, everything goes through donald trump. he told, i believe it was carolyn maloney, if he had a meeting of consequence, he had to run it by donald trump first. and then he had to go and report back about it a little bit later. so it would be keeping in line with the reporting and the descriptions of the trump organization as we have heard it. again, ...

If i don't think so. the murdoch family controls about 40% of news corp. it has the board pretty much in its pocket. unlikely that they will be forced to resign as a result of this. in the absence of anything else happening. >> his board of directors whose responsibility has been to shareholders has been rather meek and silence on this scandal. now you have a director, tom perkins telling "the wall street journal" that rupert's a genius that and that the board thinks it needs him. how crucial is rupert to the future success of the company? >> well, rupert murdoch built news corp. from a single...

Newspaper in australia in the early '50s. when he is the entrepreneur who made this company a global behemoth. he is the man who has his finger on his pulse of every bit of this operation. his intention has been all along to pass it on to his family a. at this point, james, but there are other family members including his wife, wendi. i don't think rupert's going anywhere at this point. i think the succession plan he has in plan still holds in. the stock market sells off in company it may be a different story. >> the stocks rebounded yesterday when we were seeing them testifying there many the...