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Marketplace for Wednesday, Jan, 23, 2008

Episode Description 

Shanghai commute: A survivors' battle

No matter how bad your commute is, be thankful you don't work in Shanghai. Our China correspondent Scott Tong says his trip to and from the office is kind of a metaphor for doing business there.
Posted In: Travel

Attention Gaza shoppers! Egypt's open

An estimated 350,000 Palestinians in the Gaza Strip went on a buying spree in Egypt today when masked gunmen blew holes in a border wall. Kai Ryssdal talks with economist Youssef Dauod in the West Bank about what the Palestinians need most.

. . . And in other business news

It may not seem like it, but there was a lot of other business news going on today beyond the general economic concerns. Kai Ryssdal gives a quick wrap-up of what was going on.

All the work, none of the benefits

Many companies are now hiring freelance workers to toil indefinitely with no promise of future benefits or salaries. Lisa Napoli has the story on what is becoming known as "permalancing."

Candidates rising, falling with economy

Democratic and Republican presidential hopefuls are suddenly focusing on all things fiscal -- as are many voters. And that could mean good fortune for some candidates and tough times for others. Stacey Vanek-Smith reports.
Posted In: Economy

U.S. economy needs help from abroad

Commentator Robert Reich says an economic stimulus plan combined with Fed rate cuts can't hurt, but loans and investments from other countries will be the only way to avoid recession or worse.

Huge deficit seen. Does it matter now?

The Congressional Budget Office has announced the deficit for fiscal 2008 is going to hit almost $220 billion -- not counting war spending or an economic stimulus package. But analysts say there are bigger things to worry about. Danielle Karson reports.
Posted In: Economy

ECB takes a different view than the Fed

It was thought -- in the U.S., anyway -- that the Fed's big rate cut would put pressure on the European Central Bank to follow suit. But we now see the ECB is looking at a very different economic picture. John Dimsdale reports.
Posted In: Economy