Nov 22 Ireland's Bailout Plan Aims to Ease Broader Economic Crisis By Larisa Epatko Ireland, the European Union and International Monetary Fund agreed over the weekend to an 80 billion to 90 billion euro ($109 billion to $123 billion) financial bailout plan to help Ireland's ailing economy and prevent the broader economic crisis from… Continue reading
Nov 22 Small Business Owners and the Bush Tax Cut Debate: No Easy Answers By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Monday's query: Name: Howard Herbst Question: Republicans say they want to keep the Bush… Continue reading
Nov 22 Preview: Mozambique's Growth Not Benefitting Its Poorest By Ray Suarez Mozambique is one of the world's poorest countries, grappling with high rates of poverty, HIV and malnutrition. But this coastal nation is also one of sub-Saharan Africa's star performers, posting steady economic growth year after year. We explore this dichotomy… Continue reading
Nov 22 Small Business Owners and the Bush Tax Cut Debate: No Easy Answers By Elizabeth Shell Name: Howard Herbst Question: Republicans say they want to keep the Bush tax cuts for the wealthy to protect small businesses. Can't the tax code be quickly and easily redesigned to allow small business income reported on an individual (personal)… Continue reading
Nov 22 New North Korean Nuclear Facility Raises Concerns; Ireland Accepts Bailout U.S. intelligence and new satellite images from North Korea's Yongbyon nuclear facility appear to show that the country is building a new light-water reactor, raising fears that the plant would be used to boost North Korea's nuclear weapons capability. Continue reading
Nov 22 Watch Rep. Schakowsky: Social Security Not Part of Deficit Problem As part of a series of conversations about the country's deficit problems, Judy Woodruff speaks with Democratic Rep. Jan Schakowsky of Illinois about the details of her plan to cut the deficit. Continue watching
Nov 19 The Confidence of Ben Bernanke in Germany By Elizabeth Shell "The Fed chairman's message, though scholarly in tone, was unusually blunt," wrote the Wall Street Journal, "laying blame for inflationary pressures in emerging markets and for tensions over currencies on countries like China." The Financial Times underscored another… Continue reading
Nov 19 The Confidence of Ben Bernanke in Germany For a speech by a Federal Reserve Chairman, Ben Bernanke's remarks on "global rebalancing" certainly weren't designed to fly under the radar. "The Fed chairman's message, though scholarly in tone, was unusually blunt," wrote the Wall Street Journal,… Continue reading
Nov 19 A New Look at Portugal's Economic Picture Pastry store manager Marco Lume gives his perspective on the economy. LISBON, Portugal | At first blush, Lisbon doesn't look like the capital of a country in financial distress. It sports an impressive profile of 18th century elegance and… Continue reading
Nov 19 Watch Bernanke Looks to Turn Tables on Critics of Fed's $600 Billion Move Federal Reserve Chairman Ben Bernanke spoke at the European Central Bank in Frankfurt, defending the Fed's $600 billion stimulus and calling on China and other fast-growing economies not to gain an unfair market advantage by devaluing their currencies. Jeffrey Brown… Continue watching