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The Tao of floating currency

| May 3, 2005
Speculation's been building that China will float its currency -- the Yuan -- on international markets. Economist Joseph Stiglitz says the move, even if it happens, won't have the effect that many expect.
Posted In: Canada

Oil exploration in coastal waters

| May 3, 2005
Now that they've nearly managed to open the Alaska National Wildlife Refuge to oil and gas exploration, energy companies have set their sights on a new target: America's coastal waters. For about 20 years there's been a moratorium on most coastal drilling. But now there are efforts in Congress to change that. Marketplace's Matthew Algeo reports.
Posted In: Science

British Election update

| May 3, 2005
British Prime Minister Tony Blair and his Labour party face a general election on Thursday. After eight years in power, Blair is seeking a third term in office. His popularity has been severely dented by his role in Iraq... but as Stephen Beard reports from London, Blair will likely win the contest. The British economy and his finance chief have ridden to his rescue.
Posted In: Canada

Computer security at Time Warner

| May 3, 2005
Time Warner announced yesterday that personal data from 600,000 past and present employees had been compromised. It's a growing problem -- especially for banks that maintain credit card records. As Marketplace's Jeff Tyler explains, the liability blame game is starting to hit the courts.

Marketplace Letters for May 3, 2005

| May 3, 2005
Today, host David Brown digs into the Marketplace mailbag and finds out what metaphors listeners use to describe how large a trillion dollars is.

Donate your Social Security check

| May 3, 2005
President Bush takes his ideas for Social Security reform to Mississippi today. But here's an idea you haven't heard from the President - donating Social Security checks. Entrepreneur Paul Merage is pushing that one. Merage invented hot-pockets, those microwaveable sandwiches. He sold his company for a couple billion dollars and, as Sarah Gardner reports, he's cooked up a charity to inspire the nation's seniors.

AIDS in India

| May 3, 2005
There's a number that AIDS activists keep an eye on when they're looking at how quickly the disease is spreading in a given country. A one percent infection rate is generally considered a tipping point. As Marketplace's Julie Small reports, India is almost there.
Posted In: Science

Selling Social Security

| May 2, 2005
The President's 60-day Social Security blitz is over. Don't let that fool you. Mr. President goes back on the road tomorrow. He'll be talking up his social security proposals in Mississippi. Later this week he'll do the same back in Washington. Now that the President has offered more details of his plan, there may be more to talk about - or as commentator and financial analyst Susan Lee argues...LESS.

IT in Baghdad

| May 2, 2005
Three car bombs in Baghdad today - at least 8 more people dead. More than a hundred people have been killed in Iraq since Thursday. That's the same day the country's government appointed a partial cabinet. Security is the new government's toughest challenge. The roads aren't safe - and anyone commuting to earn a living is an easy mark. Borzou Daragahi reports on workers taking another road...the one that merges with the information superhighway.
Posted In: Canada

Human Computers

| May 2, 2005
We're about to step back into a time before PDA's and laptops, to an age when the word 'computer' meant something entirely different. No, we're not talking about primitive Commodore desktops. Or even those old vacuum-tubed Univacs that would fill up whole rooms. We're going back to a period nearly everyone seems to have forgotten. A time when computers were - human. David Grier teaches technology policy at George Washington University. He's now written the first in-depth account of a career that no longer exists. Grier describes 'human computers' as people who did the blue collar work of the mind.

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