Housing prices have gone up-and-down – mostly down – around the world over the past year or so. Many people have found themselves either out of their homes, or struggling to afford to keep them. What does the housing landscape look like worldwide?
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This weekend, the New York Times broke the story that the Bush administration had a secret counter-terrorism program started after the 9/11 attacks and that Vice President Cheney directed the CIA to keep it from Congress. The World’s Jason Margolis reports on the legal ramifications. Listen
Casino revenues are way down in the economic downturn. But there’s one group of gamblers that seems to be bucking the trend – Asian Americans. The World’s Jason Margolis reports.
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Global leaders from the eight industrialized nations met in Italy today. Their goal: Fix the global economy.
OK, maybe the agenda isn’t quite that ambitious, but they’ve got a lot on their plate.
The World’s Jason Margolis reports on how the changing nature of the G8. The annual summit of the group of eight leading industrialized powers got under way today in L’Aquila, Italy.
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The World’s Jason Margolis has this look back at former Secretary of State Robert McNamara, who died today at the age of 93. McNamara served under Presidents Kennedy and Johnson, and came to be vilified for his role in escalating the war in Vietnam.
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The new U.S. unemployment figures came out this week. The good news: The rate of job losses is slowing. The bad news: Unemployment is at a 26-year high.
It’s not just Americans who are feeling the pain. In parts of Europe, unemployment is well above 10 percent. This is forcing some people to look for jobs thought unimaginable just a few months ago.
“The biggest threat to the system (today): suppose everybody now tries to turn inward… then I think the degree of integration of the global economy, this time, is so large, that it would be extremely difficult, it would just collapse in on itself.” These were the words of economist Barry Bosworth at the Brookings Institution, spoken in January. Are we starting to see protectionism today? Will countries repeat the mistakes of the 1930’s? Listen to the Global Economy Podcast
The World’s Jason Margolis explains why unhealthy Eastern European economies could spell more trouble for the West. Economists say the U.S. and Western Europe should pay close attention. Listen
President Obama announced a plan for the most sweeping changes to the rules of finance since FDR’s changes during the Great Depression. It’s hard to argue that President Roosevelt’s actions in the 1930′s didn’t help bring stability and order to Wall Street. But it’s a much different world today. Listen to the Global Economy Podcast
Anchor Marco Werman speaks with The World’s Jason Margolis about the reaction among Iranian expats in the US to the disputed presidential elections back home. Listen
This week, a day that seemed unthinkable just a few months ago came to pass: General Motors filed for bankruptcy. This, of course, brings up lots of questions. Bankruptcy is an orderly process with some predictability. But what happens when a huge multinational like GM declares bankruptcy? That’s unchartered territory. Listen to the Global Economy Podcast
A court in North Korea has sentenced two American journalists to twelve years’ hard labor. The White House says the charges are without merit and the journalists should be freed. The World’s Jason Margolis has the story. Listen
Jason Margolis assumes command of the podcast this week. We take you north to Canada to hear about an effort to “green” a million wartime-era homes. Then, we offer a global assessment of the new fuel efficiency standards announced by the Obama Administration. Listen
Videos and an audio slideshow for the four-part series ‘Immigration in times of recession’ reported by Jason Margolis
