Marketplace PM for June 7, 2007

Episode Description 
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Don't confuse China with its neighbors

Beijing's currency manipulation has prompted calls in Congress for protectionist legislation against China and other Asian nations. But commentator Adam Posen says lawmakers could hurt Americans with a response that's too broad.
Posted In: Washington
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Baseball hopes TV draft will be a hit

Major League Baseball's draft has never been a big deal. But now it's on TV. Will that turn it into something bigger? Our business-of-sports analyst Diana Nyad shares her thoughts with Kai Ryssdal.
Posted In: Entertainment, Sports
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Shopping via satellite

Sprint has launched a new service that will let cell-phone users shop with the help of GPS technology. Ashley Milne-Tyte reports.
Posted In: Retail
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Mortgage fraud's costs go beyond the loan

Widespread mortgage fraud has completely skewed home prices in some neighborhoods and raised questions about the late days of the housing boom. Mhari Saito reports.
Posted In: Crime, Housing
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A G-8 agreement on climate change? Well...

At the G-8 Summit, President Bush made it clear he wouldn't go for a climate-change agreement. So it was curious today when word came of . . . an agreement. One that calls for big cuts in greenhouse gases. Sam Eaton reports.
Posted In: Canada, Washington
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How do you bribe a billionaire?

Prince Bandar bin Sultan, former Saudi Arabian ambassador to the U.S. and close friend of the Bush family, is facing allegations of taking billions of dollars in kickbacks from a British arms dealer. Steve Henn reports.
Posted In: Crime
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Airlines get pension relief from Iraq spending bill

In the $120-billion Iraq war spending bill President Bush signed two weeks ago, amendments were slipped in that give financial breaks to two airlines. A couple of senators want to know how they got in there. John Dimsdale reports.
Posted In: Travel, Washington
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Britain has its health care problems, too

Britain's National Health Service is plagued by patient complaints of poor-quality care and long waits for some procedures. The problems have prompted calls for the NHS to lower its sights. Stephen Beard reports.
Posted In: Health

Music from this show

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Dance Music : Music for Nico, the ballet
Milk of Human Kindness

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