11/14/11
Marketplace Morning Report for Monday, November 14, 2011
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On this Monday morning, the top story is Italy's new prime minister -- Mario Monti -- who has begun to form a new government to lead the country out of its economic crisis. The president appointed Monti to the post without an election this weekend after the resignation of Silvio Berlusconi. Also on the show, a short history of Italy's bouts with debt since the 1990s. And the Federal Trade Commission takes on Facebook's privacy policy.
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Italy's new leader must satisfy home and abroad
Newly-appointed Italian prime minister Mario Monti begins to form a new government. But the economist won't just be trying to appeal to domestic voters -- he also must satisfy foreign investors.
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A short history of Italy's debt
Amid the uproar over Italy's rising borrowing costs, some forget that the country managed to pay even higher interest rates on a heavy debt burden back in the 1990s.
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Facebook privacy rules could cause ripples
The Federal Trade Commission steps up its rules on how companies write and change their privacy policies
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Foreign students in U.S. at record high
700,000 students enrolled at U.S. university and college campuses last year from abroad, contributing $21 billion to the U.S. economy, according to a new report.
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Italy's economy hurt by 'medieval-like' bureaucracy
It isn't just debt that plagues the Italian economy. Newly-appointed prime minister Mario Monti will need to increase tax collection, reduce bureaucracy and reform the economy at the root.
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CBS taps Charlie Rose, Gayle King for 'Early Show'
Rose, a long-time PBS figure, and King, best known for her Oprah connection, will become new regulars on the morning show, The New York Times reports
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Brits head for cover amid Euro crisis
The British government is officially creating contingency plans in case the Euro breaks apart as fears continue over the regions banking crisis. Other countries so far remain quite on following suit.
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Germany should tap European Central Bank, critics say
Germany is the biggest economy in Europe and is picking up a the largest portion of the Euro crisis tab, but some critics say it should do more.
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Merkel: To get through crisis, more Europe needed
Economist Julia Coronado discusses the difficult situation Europe is in right now and what German Chancellor Angela Merkel wants to happen.
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PODCAST: Merkel wants more Europe, Japan's economy growing
Here are today's top headlines from the Marketplace Morning Report: German Chancellor Angela Merkel is calling for a stronger political union in Europe to tackle its debt problems. Japan's economy grew at 6 percent last quarter. The Supreme Court will hear will hear arguments over President Barack Obama's health care overhaul, and more headlines from around the web.
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How is Europe affecting the rental car business?
Hertz CEO Mark Frissora discusses what his rental-car company is expecting this holiday season, and the impact that Europe's debit crisis is having on the company's bottom line.
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