Marketplace Morning Report for Monday, March 25, 2013
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President Obama designates five new national monuments today, and communities around them could cash in. Cyprus makes a bailout deal, but what about the rest of Europe? And, high debt equals low growth, right? That's a widely-held belief among the political class, but many economists just don't agree.
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Cyprus strikes a deal, but who are the winners and the losers? And a new drug aims to help recovering addicts six months at a time.
Posted In: cyprus, Russia, bailout
Eurozone finance ministers reached a last minute deal to grant Cyprus a $13 billion bailout early this morning. Those with large deposits in Cypriot banks could be hit will a tax of 30 percent in order to help fund the bailout.
Posted In: cyprus, bailout, Europe debt crisis
After more than a week of turmoil, eurozone finance ministers reached a last minute deal to grant Cyprus a $13 billion bailout.
Posted In: tourism, history, Obama, National Park Service
President Obama is expected to name five new national monuments on Monday. In addition to historical significance and land preservation, national monuments can boost local economies through tourism.
Posted In: health care, pharmaceuticals, drugs, addiction
A new drug, in the final stages of approval by the FDA, could make it easier to give addicts medication without using pills and risking abuse.