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Outsourcing fraud
Apr 8, 2005
An Indian outsourcing firm has confirmed that several of its employees who work for Citibank were arrested. The employees stole at least $350,000 from Citibank customers they handled calls for. Marketplace's Alisa Roth examines how much damage this may do to India's outsourcing industry.
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Out out, royalty spot
Apr 8, 2005
This weekend the heir to the British throne, Prince Charles, will marry his long-time mistress, Camilla Parker-Bowles. The tabloids have been having a field day. The latest irreverentpress speculation has focused on the Prince's financial affairs. The word is that, even though he was "taken to the cleaners" by his first wife, Princess Diana, Charles has rejected legal advice and refused to draw up a pre-nup with Camilla. From London Stephen Beard reports.
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Beer crisis!
Apr 8, 2005
These days you can lead Germans to beer, but you can't make 'em drink it. Breweries are selling off their vats and shuttering their doors. Beer and bratwurst are no longer the national food and drink. We asked reporter James Kyle to find out why beer is losing its buzz. From Berlin, he filed this report.
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India's fight against AIDS, from the front lines
Apr 7, 2005
India has the highest number of AIDS cases in the world. 5.1 million. But with a population of more than a billion, the disease hasn't yet reached epidemic proportions. And because most Indians with AIDS work in the sex industry there is a heavy stigma surrounding the disease. So sex workers have to take prevention into their own hands. From Bombay, or Mumbai as its known locally, Marketplace's Julie Small reports.
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London's petroleum exhange goes quiet - an end of an oil era?
Apr 7, 2005
One of the noisiest financial markets went silent at the close of business today. Gone is the old open outcry system at the London Petroleum Exchange, which deals in oil futures.From now on trades will be conducted electronically. The end of an era? Not quite. Marketplace's Stephen Beard reports this could be the start of a transatlantic shouting match.
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Rome is bursting at the seams for Pope's funeral
Apr 6, 2005
Rome is literally begging people to stay away. Over a million pilgrims have flooded the city for Pope John Paul the Second's funeral this Friday. Authorities say the city's now full.For businesses in and around St. Peter's, the crowds are a blessing... and curse. Megan Williams reports.
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London's oil trading business goes electronic
Apr 6, 2005
A hush will descend on one of London's noisiest financial markets later this week. The London Petroleum Exchange - which deals in oil futures - will abandon the open outcry system and move to full electronic trading. As Stephen Beard reports from the British capital - this could be the start of a major transatlantic battle.
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India and its medical outsourcing industry
Apr 5, 2005
One of the big stories today - big cutbacks at Pfizer. As in so many industries, pharmaceutical companies are trying to save costs by outsourcing. And as an outsourcing magnet, India is hoping to take a leading role in R&D for drug makers. But it doesn't stop there. India already has a hand in more of your medical needs than you may realize. Miranda Kennedy reports from New Delhi.
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Brazil's "Motor Boys" take to the streets
Apr 5, 2005
Seattle has the Evergreen Point bridge. In DC, it's the interchange at 270 and the Beltway. In Chicago, it's where I-88 and the Eisenhower Expressway come together. The AAA says these places rank among the worst when it comes to traffic congestion. But none hold a candle to what you'll find on most any artery in Sao Paulo. Traffic's so horrible in the Brazilian city of 18 million, it's more than an inconvenience. It's an expensive drain on business productivity. At least it keeps a small army of daredevils well-employed. America's Desk correspondent Dan Grech reports.
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Can Arizona build a prison in Mexico for illegal immigrants?
Apr 5, 2005
This week Arizona Governor Janet Napolitano may have a big decision to make. Should her state seriously consider building a prison in Mexico? Arizona has seen as massive crackdown on illegal immigrants... And the state has started shelling out millions of dollars each year to lock up undocumented workers. Lawmakers say an Arizona prison in Mexico could cut those costs in half. But the idea has Mexican officials more than a little annoyed. Julia Barton reports from Tucson.










