The self-described Islamic State has seized control of the ancient city of Palmyra in central Syria. Palmyra is home to some of the world’s most renowned historic structures and is classified as a World Heritage Site. There are fears it could see the same fate as other cities where ISIL has destroyed ancient cultural sites and artifacts. With Palmyra’s capture, ISIL now reportedly controls more than half of Syrian territory. The seizing of Palmyra in Syria comes as the U.S. has launched airstrikes and expedited weapons shipments for the campaign to dislodge ISILfrom the Iraqi city of Ramadi. ISIL seized Ramadi on Sunday, leaving hundreds dead and forcing thousands to flee. Iranian-backed Shiite militias are staging a counteroffensive to retake the city. We are joined by Charles Glass, former ABC News chief Middle East correspondent and author of "Syria Burning: ISIS and the Death of the Arab Spring."
Five of the world’s top banks will pay over $5 billion in fines after pleading guilty to rigging the price of foreign currencies and interest rates. Citigroup, JPMorgan Chase, Barclays and Royal Bank of Scotland pleaded guilty to conspiring to manipulate the price of U.S. dollars and euros exchanged in the $5 trillion FX spot market. UBSpleaded guilty for its role in manipulating the Libor benchmark interest rate. No individual bank employees were hit with criminal charges as part of the settlements. We are joined by Matt Taibbi, award-winning journalist with Rolling Stone magazine.
New cellphone video sheds light on Freddie Gray’s fatal journey in a Baltimore police van. The footage obtained by The Baltimore Sun shows Gray lying motionless as several police officers shackle his ankles and load him into the vehicle. It appears to contradict earlier police claims that Gray was "irate" and "combative." One of the officers, Lt. Brian Rice, reportedly threatened to use his Taser on the eyewitness who was filming. We are joined by Matt Taibbi, whose latest article for Rolling Stone is "Why Baltimore Blew Up." He writes, "Instead of using the incident to talk about a campaign of hundreds of thousands, if not millions, of illegal searches and arrests across decades of discriminatory policing policies, the debate revolved around whether or not the teenagers who set fire to two West Baltimore CVS stores after Gray’s death were “thugs,” or merely wrongheaded criminals."
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