Marketplace PM for December 21, 2005
Russia is demanding that Ukraine, its former Soviet partner, pay a much higher price for Russian natural gas. Ukraine is refusing to pay. Russia is threatening to cut off supplies. Western Europe is watching nervously. From London, Stephen Beard reports.
Those of us visiting family over the holidays know that things can get a little tense. Reporter Trey Kay spoke with sisters Lorraine and Felicia Tedesco. One sister is definitely a "have" and the other is, well, a "have-not-as-much."
Senators today turned down the idea of opening up the Alaska National Wildlife Refuge to oil drilling. The provision was attached to a $450 billion Pentagon bill, whose future is now in doubt. John Dimsdale reports from Washington.
It's Day Two of the New York City transit strike, with no clear end in sight. The City is predicting huge losses for local businesses. But as Amy Scott reports, that depends on what business you're in.