Marketplace for Wednesday, April 16, 2008
Posted In: Economy
China reported today its economy grew 10.6% in the 1st quarter, which may seem red hot, but it was 11.9% last year. So is China catching America's subprime cold? Or is it immune? The answer has big implications for the global economy. Scott Tong reports.
President Bush is calling for government limits to stop the growth of carbon dioxide emissions by 2025. While he has resisted curbs on the burning of fossil fuels, Bush is now jumping on board a trend that has lots of momentum. John Dimsdale reports.
Worries of a world food shortage led more countries this week to suspend grain exports. What will happen if nations keep hoarding supplies? Host Tess Vigeland asks Javier Blas, who covers the commodities market for the Financial Times.
Posted In: Health
An article in the Journal of the American Medical Association claims some of Merck's academic reports on the arthritis drug Vioxx were written by company employees, and doctors were paid to put their names on the research. Stacey Vanek-Smith reports.