Jun 17 What are the pros and cons for denominating oil worldwide in U.S. dollars? Question/Comment: What are the pros and cons for denominating oil worldwide in U.S. dollars, versus in some other currency or basket of currencies? Paul Solman: For whom? The big pro, from the US point of view, is that… Continue reading
Jun 16 Iowa Residents Wait to Return Home As Flood Waters Move On By PBS News Hour Flood fears eased in Iowa City Monday, as a string of towns in the state's south and east along the Mississippi River prepared for new problems caused by a recent bout of torrential rains and bad weather. Continue reading
Jun 16 Watch Lehman Reports $3 Billion in Losses Due to Bad Mortgage Investments Lehman Brothers chief Richard Fuld took responsibility Monday for a staggering $3 billion in losses in the second quarter, saying the company was too slow to react to the unfolding credit and mortgage crisis. Roben Farzad of BusinessWeek magazine outlines… Continue watching
Jun 13 Inflation Jumps 0.6 Percent in May; Core Rate Remains in Check By Admin, PBS News Hour Inflation shot up at the fastest rate in some six months, the U.S. government reported Friday. The jump in prices was blamed largely on soaring gas and food prices. Continue reading
Jun 11 Watch Annan: World Must Help African Nations Tackle Food Crisis Fuel costs and supply shortages have caused a spike in food prices across Africa -- prompting calls for an agricultural revolution on the continent. Former U.N. chief Kofi Annan discusses efforts to address the crisis. Continue watching
Jun 10 Watch Brazil Seeks to Break New Ground in Global Marketplace As Brazil expands its manufacturing and agricultural industries, it has carved a spot as the largest exporter of coffee, beef, poultry and other food products and as the world leader in ethanol production. Simon Marks continues a series of reports… Continue watching
Jun 10 Would you consider doing a report on the carbonated beverage industry and its impact on global warming? By Business Desk Question/Comment: Much has been said about the potential costs to the oil and auto industries regarding global warming/CO2 greenhouse gas tailpipe and smokestack emissions. Perhaps overlooked is the detrimental effects the carbonated beverage industries would suffer, if the people concerned… Continue reading
Jun 09 Watch Brazil’s Economic Boom Marred by Social Inequalities Brazil is on track to become an economic powerhouse in the 21st century, but gaping social inequalities still plague this country of 187 million. Simon Marks offers the first in a series of reports from Brazil on the country's economic… Continue watching
Jun 09 Watch Fuel Costs, Job Losses Batter U.S. Economy Rising fuel prices and news of massive job losses buffeted an already shaken U.S. economy in the past week. The record energy prices are affecting the cost of everything from baked goods to diapers. Journalists John Authers and Roben Farzad… Continue watching
Jun 09 High Fuel Prices Lead to Protests in Europe By PBS News Hour Truck drivers in Spain and Portugal blocked roads Monday to protest soaring global fuel prices, which also caused the national average price of gasoline in the United States to rise above $4 per gallon over the weekend. Continue reading