Marketplace Morning Report for Monday, February 21, 2011

Episode Description 
Marketplace Morning Report for Monday, February 21, 2011

U.S. considers an Internet kill switch

In the wake of the unrest in Egypt, the U.S. government is discussing the merits of a switch that would shut the Internet down. When former Egyptian president Hosni Mubarak ordered Internet service providers to turn off access to the web in Egypt, the U.S. objected. But if the Internet itself was under attack, should the government have the authority and ability to turn it off? John Dimsdale reports.
Posted In: Internet

Oil prices up as turmoil escalates in Libya

British Petroleum announced today it is suspending preparations to drill in the Libyan desert. And the price of oil is headed up as violent unrest builds in Libya. Mitchell Hartman explains.
Posted In: Oil

Bored with budget talks

After last week's budget roll-outs, Republicans and Democrats continue to blame each other for the impasse over proposed spending cuts. But Fortune Magazine's Allan Sloan says he is bored with the budget faceoff, and explains that neither side has proposed a plan that would fix the deficit.

Egypt opens banks, businesses

Over the weekend, Egypt began the slow process of reopening businesses, schools, banks and museums following the political turmoil that led to the resignation of former president Hosni Mubarak. As Mitchell Hartman reports from Cairo, Egypt is beginning to recover from weeks of protesting and unrest.
Posted In: Banks

Global leaders discuss an economic 'early warning system'

Representatives from the G-20 -- the world's 20 largest economies -- met in Paris this weekend to discuss how to measure "global imbalances" in the economy. One goal of the summit was to determine a way to measure those "imbalances" and prevent another financial crisis, as Stephen Beard reports.
Posted In: Economy

Internet dating is big business

The online dating industry has been flat in recent years, but still generates a billion dollars in revenue.
Posted In: Internet

A "Flash Crash" prevention plan

Experts have advised U.S. financial regulators to place tougher rules on high-speed computer trading to prevent a sequel to the May 6 "Flash Crash." But technology is driving stock markets to merge, raising questions about whether bigger exchanges will make things worse. New York bureau chief Heidi Moore reports.
Posted In: Economy, Wall Street

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