05/16/11
Marketplace for May 16, 2011
Episode Description:
Marketplace for May 16, 2011
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Portugal's mood is dark as nation seeks European aid
Europe considers another bailout, this time for Portugal, but its requirements are expected to send Portugal back into recession.
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Libyan rebel oil blocked by sanctions and confusion
International sanctions aimed by Muammar Gaddafi are blocking the shipment of oil held by rebels from east Libya.
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IMF turmoil unlikely to derail Euro debt talks
IMF chief Dominique Strauss-Kahn's arrest comes amid concern about Europe's debt crisis, but is unlikely to impact talks to help Greece.
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WellPoint ties increases to hospital outcomes
The giant insurer will boost annual payments to only those hospitals that deliver "quality care."
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U.S. hit debt limit today
The government can't legally borrow anymore, so it is staving off default by tapping into federal pension funds.
1
Pentagon reviewing Middle East contracts
Turmoil in the Middle East is giving the Pentagon second thoughts about some deals worth billions.
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The human costs of Nigeria's oil industry
Nigerian novelist Helon Habila discusses Nigeria's oil industry and whether it can live without the black gold.
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