World - Most Commented

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Tomorrow: Securities and the Supreme Court

Jan 11, 2005
After the collapse of corporate giants like Enron, Worldcom, and the like, investors brought a string of lawsuits claiming billions were lost because companies lied about their condition. Tricky thing though: to prove that something the company said was what caused investors to lose money. Tomorrow at the Supreme Court: arguments in a case that's being called one of the most important in securities law in a decade. David Skeel is a professor of law at the University of Pennsylvania...

Hispanic banking (or lack thereof)

Jan 11, 2005
Many Mexicans work low-paying jobs in the states, and send money to support relatives back home. Last year, those remittances were worth about $15 billion. But that money rarely travels by way of a bank. In fact, many Latinos - even those living for decades in this country - don't use banks at all. As Marketplace's Jeff Tyler reports, some financial services companies are starting to recognize the untapped potential of those some call the "unbanked."

Aid battles in Sri Lanka

Jan 11, 2005
The first U.S. Marines are delivering aid to southern Sri Lanka. But they won't be offering help to the northeastern areas controlled by the separatist guerrilla movement known as the Tamil Tigers. The U.S. has placed them on the list of banned terrorist organizations. As Miranda Kennedy reports from eastern Sri Lanka, the Tamil Tigers face a new battle - over aid.

Playing economics with China

Jan 11, 2005
China's impact on the U.S. economy can't be overstated. A report out this morning says the China factor goes well beyond textiles, as Marketplace's Scott Jagow reports. Meanwhile, while the U.S. and Chinese economies have fueled the global economic growth of the past decade, commentator Robin Bew believes the fun won't last in 2005.

New age for Palestinians

Jan 10, 2005
President Bush today congratulated Mahmoud Abbas and invited him to the White House. Abbas was elected President of the Palestinian Authority yesterday. Thousands of Palestinians in the West Bank and Gaza celebrated into the wee hours. But in East Jerusalem, where more than 200,000 Palestinians live, many businessmen in the old city couldn't shake their skepticism. Marketplace's Nancy Updike reports.

Does Pittsburgh have a better idea?

Jan 10, 2005
United Airlines' flight attendants hammered out a contract with management over the weekend. The new deal may help the carrier emerge from bankruptcy while preserving employee pensions. Maybe not. Times are as hard as they get for the airlines - thousands of lost jobs, and routes disappearing between small towns, and some big ones too. Now one airport is trying to buy some peace of mind by buying landing rights at other airports. From Pittsburgh's WDUQ, Mark Nootbaar reports.

The auto business: as intense as ever

Jan 10, 2005
General Motors announced today it will cut seven percent of its workforce this year. The move comes after disappointing sales numbers. But Detroit is trying hard to get its mojo back. Host David Brown visits the LA Auto Show with LA Times auto critic Dan Neil to see how...

Venezuela's land plan

Jan 10, 2005
This weekend in Venezuela, security forces inspected a cattle ranch owned by Britain's Vestey Group. There is a new law that allows the government to seize what it claims to be "idle" farmland and redistribute it to those who promise to work the land. It's not just big foreign interests worried about the socialist proclivities of President Hugo Chavez. From the Venezuelan capitol, Carole King prepared our report.

Wall Street's glory day ...

Jan 10, 2005
This coming Friday is the fifth anniversary of the Dow's all-time high. Newsweek's Wall Street Editor Allan Sloan examines where the stock markets begin 2005 in a historical context.

Moving forward in Indonesia

Jan 10, 2005
Indonesia is still trying to meet the immediate needs of many of those left homeless by the tsunamis. But some of those refugees have already turned their thoughts to the future. Marketplace's Jocelyn Ford made the rounds of refugee camps in Banda Aceh to see what people plan to do next.

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