Marketplace Morning Report for Friday, November 30, 2012
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As other carmakers in Europe struggle for their very survival, Volkswagen is flourishing thanks in part to its worldwide appeal. Republicans have reportedly rejected an opening offer from the White House which calls for a $1.6 trillion tax increase over ten years and the ability to raise the federal debt limit without Congressional approval. Rand Paul (R-KY) joins us to share his thoughts on the ongoing negotiations.
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The economic damage from Sandy: Is it worse than we thought? New data on consumer spending and a big port strike at the country's most critical port. And aside from Mitt, who's got the biggest regrets post-election? It could be the guy with the Romney face tattoo.
Posted In: United Nations, Airlines, Barack Obama, carbon-dioxide emissions, climate change
President Obama signed a bill this week protecting U.S. airlines from an emission tax when they fly in and out of Europe. The EU's carbon tax is so unpopular, it's been suspended for all carriers for a year.
Posted In: los angeles, strike, ports, shipping
Unionized clerical workers who staff the ports of Los Angeles and Long Beach have entered the fourth day of their strike. If the dispute continues, the ripple effects could soon be felt across the country.
Posted In: cleveland, college, college savings, Education
Ohio's Cuyahoga County will start a college savings account for every kindergartener.
Posted In: Ireland, Ireland bailout, european
It was exactly two years ago that Ireland faced a similar problem and got an international bailout. How is the country faring now?