Playlist: Libya and home prices
Posted by Katharine Crnko
For Marketplace Morning Report, Tuesday February 22, 2011
Shell oil company has evacuated all of its foreign workers out of Libya as violent protests continue to escalate. Global markets are taking note, as Stephen Beard explains.
The company is under new leadership in Leo Apotheker, but some say he can’t take all the credit.
Stefan Richter’s latest quiz: How much does it cost per year to support one U.S. service member deployed in Afghanistan?
The Economist Intelligence Unit has released it’s 2011 Liveability Ranking and Overview, and Steel City tops the U.S. list, beating out Los Angeles (44th), New York (56th), and even Honolulu (30th).
As protests continue in Libya, economists are looking at whether the turmoil in the country could have a permanent effect on the price of oil. The BBC’s Chloe Arnold reports from Algeria on how political unrest could change oil production in Libya.
European limits on eel exports and fishing are finding no favor with fishermen, but some say they are essential to conserve eels.
Beginning March 16th, 2012 The Smithsonian Institute will celebrate the art of video games. The exhibition will be in the Smithsonian American Art Museum and will run from March 16, 2012 to September 30, 2012.
Chicago residents will vote in today’s mayoral election whether city employees should live in the city. Other cities that have lifted the requirement have found it leads to even further shrinking of the middle class.
The National Association of Realtors may have overstated existing home sales figures, potentially going back several years, according to new reports issued today. As Janet Babin explains, this could mean that the housing crisis was even worse than initially thought.
Jeremy Hobson speaks with Juli Niemann, analyst with Smith Moore and Company, about the unrest in Libya and the effect it’s having on the global price of oil.
According to the S&P Case-Shiller home-price index, U.S. home prices continued to decline in December. According to David Blitzer, chairman of S&P’s index committee, prices in 18 of 20 cities were down over the last 12 months. Janet Babin explains.
Here are the songs we played:
- Cry Baby — Nikka Costa Buy
- You Said Something — PJ Harvey Buy
- Stars Seem to Weep — Beth OrtonBuy
- Handshake Drugs — WilcoBuy
- Fade Into You — Mazzy StarBuy
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.