Marketplace Morning Report for Tuesday, August 16, 2011

Episode Description 
Marketplace Morning Report for Tuesday, August 16, 2011
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Does slow growth in Germany point to global recession?

Ambrose Evans-Pritchard of <em>The Daily Telegraph</em> says that with Europe's top economy on the ropes, leaders across the Eurozone must ease up on austerity or risk sinking into deep recession
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Germany's impact on the global economy

Disappointing growth reports from Germany, France and Japan are sparking fears over a new global recession
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The new frugality: Americans reduce late credit card payments

A report out today says that Americans have hit a 17-year low on the level of credit card payments that were 90 days or more past due
Posted In: Credit Cards
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Economist: slow growth in Germany could lead to 'global depression'

With GDP growth far lower than economists had expected, Simon Tilford, of the Center for European Reform, says that Germany's sense of invulnerability in the face of the crisis is part of the reason why today stalled economy is making Germans eat their words.
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Americans getting 'house of cards' in order

The number of payments on credit cards 90-days or more past due slipped to just 0.6 percent in the second quarter. Marketplace Senior Business Correspondent Bob Moon reports that may be because Americans are cutting back on spending and banks are making it harder to get credit.
Posted In: Credit Cards
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Germany's slow economic growth worries economists

Germany reported GDP growth of just 0.1 percent. That cast doubts on hopes that Germany would pull the rest of Europe off the brink of debt catastrophe.
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Will slow growth in Germany weigh down the Eurozone?

Germany's economy grew a mere 0.1 percent in the second quarter, sparking fears that the strongest economy in the Eurozone may not be able to carry other ailing nations for long
3

Obama launches major jobs initiative for rural America

But some are skeptical how much it will help the bigger picture of unemployment in this country
Posted In: Jobs
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Stumbling stock markets no obstacle for AT&T deal

The market decline is making some mergers more attractive. But both AT&T and T-Mobile already have such big incentives to strike a deal that fluctuating markets should have little effect on them.
Posted In: Mergers and Acquisitions
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'Eurobonds' could help debt crisis

Bonds backed by the entire Eurozone would ease borrowing rates for countries like Greece and Portugal, but would hike rates for Germany and France
Posted In: Economy
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Mixed outlook for nation's farmers

As extreme weather drives up commodities prices, it's translating into higher prices for consumers and more profits for unaffected farmers.
Posted In: Agriculture

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When the Robo B-Boys Just Kill It
The Polish Ambassador
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The Polish Ambassador
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The Beastie Boys

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