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Playlist: Trade deficits and budget crises

Katharine Crnko Mar 10, 2011

Posted by Katharine Crnko

For Marketplace Morning Report, Thursday March 10, 2011

The BULB Act comes to Congress today to try to stop the outlawing of wasteful light bulbs.

High-speed rail and other infrastructure projects could help the economies of various regions in the country.

Ratings agency Moody’s cut Spain’s credit rating today after Greece was downgraded several notches on Monday. Ratings downgrades in Europe could have big consequences in the United States.

China’s trade deficit hit $7.3 billion in February — the largest in seven years. Analysts blame the gap on mass celebrations of the Lunar New Year.

Greg Lindsey, author of “Aerotropolis,” talks about the significance of air travel in the future of the global economy.

Forbes has released its 2011 list of world billionaires. Mexican telecom tycoon Carlos Slim tops the list for the second year in a row, but for the first time, the Asia-Pacific region had more billionaires than Europe.

The drug will treat only a small number of people, but is still expected to reach blockbuster status, with $2 billion in annual sales.

In the digital age, are newspapers companies still worth buying? California’s Freedom Communications is on the block and about to find out.

The state senate passed a measure Wednesday restricting union bargaining rights, ending the stand-off that shut down the state legislature.

The two senators are circulating an Internet privacy bill that would create an “online privacy bill of rights.” Julia Angwin, tech reporter from the Wall Street Journal, explains.

The world’s largest bond fund has sold off all its U.S. treasury bonds. Analysts say that despite the sale, PIMCO founder Bill Gross is still optimistic.

Here are the songs we played:

  • Already Gone– SugarlandBuy
  • Something About Us — Daft Punk Buy
  • You Never Give Me Your Money — Beatles
  • Margerine Rock — StereolabBuy
  • Right Above It — Lil WayneBuy

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