Playlist: GDP and Australian flooding
Posted by Katharine Crnko
For Marketplace Morning Report, Friday January 28, 2011
The World Economic Forum continues today in Davos, Switzerland, with U.S. Treasury Secretary Timothy Geithner addressing the attendees. Geithner discussed U.S. debt and resources, as Stephen Beard explains.
In its merger with NBC Universal, Comcast will now be overseeing NBC’s news divisions. Some worry it could compromise news operations.
In Egypt today, anti-government protests continue as riots in the streets clash with police. The Egyptian government has shut off the Internet and cell phone service as a means to control the violence. David Butters, head of the Intelligence Unit with the Economist magazine, explains how this will affect global economics.
Art supplies like paints and glues can contain lead and other dangerous compounds. For artists, exposure to art supplies could damage their lungs, or even the brain.
After record-level floods hit Australia earlier this month, the country is left to clean up after the damage. But economists are predicting that despite the recovery’s bottom line, the increase in jobs and retail sales could benefit the country. Bloomberg’s Jemma Daily explains. Don’t miss our photo gallery of Australia’s clean-up effort.
This morning we’ll get the GDP number — telling us how fast the economy grew — from the U.S. government. Alisa Roth explains how we can interpret that number, and what it means.
There are hopes that trans-Arctic shipping may become more possible with the historic amounts of ice melting there, but it won’t be easy.
This morning we heard from the Commerce Department that last quarter’s GDP growth was up 3.2 percent. Steve Chiotakis speaks with Jill Schlesinger, editor at large at CBS/MoneyWatch to interpret and understand that number.
Jeremy Hobson speaks to Chris Low, chief economist at FTN Financial, about last quarter’s GDP growth.
Here are the songs we played:
- Black Eyed Pea — Galatic Buy
- Doctor! Doctor! — Thompson TwinsBuy
- Winterfunkyland — Bootsy CollinsBuy
- Free Until They Cut Me Down — Iron & WineBuy
- Sketch — 40 Winks Buy
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.