Marketplace Morning Report for Friday, December 20, 2013

Episode Teaser Image 
Episode Description 
The Standard and Poor's credit rating agency has stripped the entire European Union of its AAA rating. The EU has been bailing out some of weaker countries and the downgrade is a comment on the donor countries' willingness to keep paying. Negotiations over a trade deal among a dozen Pacific Rim countries, including the U.S., are expected to resume next month, after the latest round of talks stalled. One sticking point is intellectual property -- a great interest to Hollywood, which wants to protect its copyrights for as long as possible. This week, Marketplace has been looking at youth unemployment in Europe.  The numbers are terrifying.  Among 18 to 24 year olds in Greece, 60 percent are jobless. In southern Spain, it's 74 percent. 

More bad news from BlackBerry

BlackBerry has reported a $4.4 billion loss in its third quarter earnings report.
Posted In: Blackberry, smart phones

Another Obamacare rule eased before deadline

The White House has announced that it will let some of the 5 or 6 million people who lost their health insurance because of federal requirements, enroll in so-called catastrophic health care plans.
Posted In: Affordable Care Act, Obamacare, health insurance

PODCAST: Inside China's Bitcoin exchange

Adding some gross weight to gross domestic product. As negotiators continue work on a trans-Pacific trade deal, one of the sticking points is intellectual property. And, a visit to BTC China, which until this week was the trading epicenter for the Bitcoin economy.

European youth 'consigned to the scrapheap of unemployment'

Marketplace has been looking at youth unemployment in Europe. The numbers are terrifying. Among 18 to 24 year olds in Greece, 60 percent are jobless. In southern Spain, it's 74 percent.
Posted In: Europe, youth unemployment

S&P downgrades European Union's credit rating

Citing concerns over the massive bailouts in Europe, Standard and Poor has stripped the EU of its AAA rating.
Posted In: European Union, Standard & Poor's, credit rating

How much is too much to spend on gifts for the teacher?

‘Tis the season for holiday tipping -- everyone from your mail carrier to your paper delivery guy to your kids’ teachers.
Posted In: teachers, gifts

Hollywood wants the rest of the world to follow U.S. copyright law

As negotiators continue work on a trans-Pacific trade deal, one of the sticking points is intellectual property.
Posted In: free trade, globalization, intellectual property, hollywood

Amid a turbulent week, a peek inside the world's busiest Bitcoin exchange

The global price of the digital currency Bitcoin went on a roller coaster ride this week when the world’s biggest Bitcoin exchange was forced by China’s government to stop accepting deposits. Up to now, the exchange, BTC China, was the trading epicenter for the Bitcoin economy.
Posted In: bitcoin, China's Economy

Music from this show

Click below to purchase songs from this show through our Amazon affiliate.

Money For Nothing
Dire Straits
The Young Machines (Album Leaf Remix)
Her Space Holiday

Browse the show calendar