Back to the Future – Cold War Style

Money Talking | Dec 19, 2014

The Russian economy is reeling from the effects of plummeting oil prices and U.S. led sanctions tied to its aggression in Ukraine. The value of the ruble is plunging despite efforts by the Russian central bank to stabilize the currency.

The U.S. publicly accused North Korea of being behind the cyber attack of Sony Pictures that resulted in hundreds of embarrassing leaked emails and the cancellation of the release of The Interview. Turns out, North Korea was not amused by a plot line that contemplates the assassination of its leader, Kim Jong-un.

And finally, Cuba! In a historic move, President Obama announced the restoration of diplomatic ties after a 50-year embargo. It took Washington and the rest of the country by surprise. 

Russia, North Korea and Cuba – three Cold War-era adversaries dominating the news cycle exactly 25 years after the Berlin Wall fell.

This week, Joe Nocera of The New York Times and Rana Froohar of Time magazine join Charlie Herman, host of Money Talking, to discuss what's at stake for the U.S. 

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