Al let us start with the issue of crime. This is a National Reentry week, where you are trying to help people who get out of prison to have a more productive life. Let me just start though, why do we have the highest incarceration rate in the world . Ms. Lynch you know, we certainly do have one of the highest rates in the world. It stems from a number of sources. I think we look back at the efforts that were made never truly seeking to reduce violence, to deal with the burgeoning drug problem, particularly in the 1980s and 1990s, and the violence that accompanied them. And what people thought was, a need to appear very, very tough on crime, without thinking through the results of a lot of those actions. We have lived with those results now for several generations seeing the effects of some of , the laws and regulations and statutes that we have. Al was the 1994 crime act bad . That had a lot of attention. In retrospect ms. Lynch it did not think through all of the consequences of what
Four people are hospitalized. The cousin of the high demand for housing in nairobi, some Property Developers bypass building regulations to cut costs and maximize profits. I am mark crumpton. Emily i am emily chang, and this is bloomberg west. It has been a dramatic week for tech stocks. Apple sending the s p 500 to its lowest drop since february with amazon checking in for its best profit yet. App pulled off a bigtime coup today, scoring a one every kind of deal. Will snapchat revolutionized the way we watch the olympics . The onslaught of earnings continues. Well hear from the ceos of linkedin and pandora. Their vision for a pass for for a path forward. We have now gotten financial updates on some of the biggest Tech Companies. For some, investors may remember this week as a Time Momentum really shifted one way or another. Gave markok, earnings zuckerberg the chance to ask for more freedom. On the other hand, twitter Ceo Jack Dorsey is on more is under more pressure than ever. Perhap
We have a rate increase, i fully expect will have another and maybe two more. Ramy and brexit, the date of decision draws near. Experts forecast the fallout. It will be a shock if we were to leave. I think there is consensus on that. There is the freedom to find new markets in the world and take back control. Ramy it is all straight ahead on bloomberg best. Ramy hello and welcome. I am ramy inocencio. This is bloomberg best, the weekly review of most important Business News analysis and , interviews from around the world. Lets look at the headlines. And we start in the middle east. Bloomberg has been reporting on saudi arabias plan to diversify its economy and actually reduce its dependence on oil. They officially reduced thats released a blueprint for its future. Mark all eyes on saudi arabia, officials unveiling a blueprint for diversifying the economy. The economic shakeup has been led by the deputy crown Prince Mohammed bin salman, trying to away from the decades long a lot relianc
Those are committed serious crimes and completed their prison sentences. Special lies this morning for those with felony convictions in your past. We want to hear your stories special lines. 2027488000. For those who work in correction, 2027488001. Is your number. A line for Law Enforcement 2027488002. A line for all others, 2027488003. You can also catch up with us on social media, twitter cspanwj, on facebook, facebook. Com cspan. Good Tuesday Morning to you. We are talking about prison reentry programs. We sit a visit. This comes in the wake of the white house announcing its effort to promote this week as National Reentry week. President obama over the weekend laid out his plans for a National Reentry with some of the efforts of his administration is pushing in his weekly address. Here is what he had to say. [video clip] president obama every year, 600,00 people are released from prison. We need to ensure they are prepared to become productive, contribute and members of their famili
Around this afternoon. Thats going to keep temperatures cool today and again tomorrow. Its your sevenday forecast scrolling at the bottom of the screen. Chilly weather ahead, and it starts this morning. 42 degrees with clouds in the pennsylvania suburbs. 50 and cloudy in philadelphia. Look at the low 40sed in the Lehigh Valley. Delaware also in the 40s this morning. This is whats happening right now. Afternoon temperatures not going to look all that impressive. We should warm into the upper 60s this time of year. Itll be upper 50s with showers developing for philadelphia, new jersey, the Lehigh Valley. At the shore, clouds and cooler, 52 degrees as showers arrive this afternoon. Thats whats going on today. Well take a closer look at the timing of the rain with the futurecast when i come back in ten minutes. Lets find out how the roads are moving this morning. Jessica boyington is watching first alert traffic. Were watching 422 right around route 23. Were on the off ramp right now. You