Marketplace Morning Report for Monday, December 17, 2012

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Episode Description 
In Japan, newly-elected Prime Minister Shinzo Abe faces the tasks of reviving the country's economy and handling strained relations with China. A new student debt program, known as 'Pay As You Earn', could make monthly payments smaller, and some debts disappear altogether. Italian Finance Minister Vittorio Grilli shares his views on Italy's economic challenges and the country's political future.
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Podcast: Seventh time's a charm and is Sprint moving towards data dominance?

Japan has its seventh leader in six years. What politicians can learn from the Bush-era tax cuts as they negotiate to avoid the fiscal cliff. Sprint acquires Clearwire and possibly signals a step towards more data, faster. And checking in with Hoboken, N.J., after Hurricane Sandy.
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Short term wins could spell long term losses in fiscal debate

The process of pushing through those Bush tax cuts 12 years ago might seem like ancient history, but some say we could stand to go back in time and learn from it.
Posted In: fiscal cliff, Bush tax cuts, Bush, Barack Obama
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Sprint's Clearwire acquisition could signal move towards data

To compete with AT&T and Verizon, which have about 70 percent of the market, Sprint needs more spectrum and Clearwire has it.
Posted In: Sprint, Softbank, smartphones
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Italian Finance Minister: Election may strengthen reform resolve

Italian Finance Minister Vittorio Grilli shares his views on Italy's economic stability, challenges ahead, and the country's political future.
Posted In: italy, Europe debt crisis
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Local businesses still struggling after Sandy

Sandy's enduring problems for commuters and small businesses are on display in Hoboken, New Jersey.
Posted In: Hurricane Sandy, new jersey, hoboken
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Japan's new prime minister hopes to weaken yen

Japan's Liberal Democratic Party promises to tackle economic problems.
Posted In: Japan, inflation, yen
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Japan's new prime minister faces challenges

Newly-elected Prime Minister Shinzo Abe faces the tasks of reviving Japan's economy and handling strained relations with China.
Posted In: Japan, China, Shinzo Abe, elections
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Southwest Airlines raises fees

The one-time discount airline is rethinking its 'bags fly free' policy because of rising costs. So far, only the third bag will cost you.
Posted In: Airlines, airline industry, southwest
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Debt relief could be on the way for some students

A new student debt plan, known as 'Pay As You Earn', could make monthly payments smaller and some debts disappear altogether.
Posted In: higher education, student loan, federal student loans

Music from this show

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Foujita
Eliane Elias
Are You Going With Me?
Pat Metheny Group
Awake On A Train
Múm

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