Marketplace for Monday, March 3, 2008
Venezuelan President Hugo Chavez has sent troops to the Colombia border in response to the country's killing of a top rebel leader in Ecuador. Dan Grech reports Venezuela's economic dependence on Colombia makes war with the country a costly proposition.
Oil and gold prices reached new records as the dollar sank to its lowest value in 35 years against six other major currencies. With more interest-rate cuts ahead, Bob Moon reports on when commodity prices might reach their peak.
The Pentagon has picked EADS, the parent company of Europe's Airbus, for a massive refueling tanker aircraft contract. The announcement was a blow to the U.S. bidder Boeing, which has been making tankers for the Air Force for 50 years. John Dimsdale reports.