Marketplace Morning Report for Friday, October 8, 2010

Episode Description 
Marketplace Morning Report for Friday, October 8, 2010

VIDEO: No glee in trade war

All the week's business news in a 60-second poem. This week: A less-than-sunny jobs report, Japan slashes its interest rate, a trade war may be brewing, foreclosures, and the Beatles have fewer hits than Glee.

Central banks help push up gold prices

Gold prices keep reaching new heights. One reason for the rise? The World Gold Council said that for the first time in decades, central banks -- the Federal Reserves of the world -- are buying more of the stuff overall than they're selling. Amy Scott reports.

4th most populous country by 2050?

By the year 2050, the world's three most populous countries will be India, China and the United States. Which country will be home to the world's fourth largest population by mid-century -- Nigeria, Indonesia, Bangladesh or Pakistan? The Globalist's Stephan Richter quizzes Bill Radke.

Recession slows migration to U.S., EU

A new study from the Migration Policy Institute shows how the Great Recession is shaping immigration worldwide. Reporter Eve Troeh talks with Bill Radke about the study's findings and what's happening to immigrants already living in the U.S. and EU.
Posted In: Immigration

Moody's may raise China's bond rating

Bond ratings agency Moody's is reviewing China's government bond rating for a possible upgrade. Rob Schmitz reports.

Russia seeks U.S. help in modernizing

The Russian economy has boomed over the past decade, but U.S. firms have been slow to take advantage. The White House says our trade with Russia is about the same as with Thailand, a country with an economy a fifth of the size of Russia's. But things may finally be on the move. Peter van Dyk reports.
Posted In: Russia

FTC plans new green marketing rules

The FTC has proposed new guidelines to clarify confusion about what is and isn't eco-friendly. Sustainability reporter Adriene Hill talks with Steve Chiotakis about what the rules may change and what will happen to companies who overstates their products' environmental friendliness.

IMF to talk currency at annual meeting

The annual meeting of the International Monetary Fund in Washington will soon take place. One of the big issues they're tackling: currency. Stacey Vanek-Smith reports.

BlackBerry maker RIM, UAE reach deal

The threat of a BlackBerry ban in the United Arab Emirates has been hanging over the smartphone's maker since the summer. The UAE government said it had security concerns because the Blackberry couldn't be cracked. But it's now agreed a deal with Blackberry maker RIM.

U.S. sheds 95,000 jobs in September

The Labor Department said the U.S. economy lost 95,000 jobs last month. How bad is this report? Jill Schlesinger, editor-at-large at CBS MoneyWatch, talks with Steve Chiotakis about the latest figures and what we can do to juice the economy.
Posted In: Jobs

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Food For Thought
Stairway To Heaven
Led Zeppelin

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