Mid-day Update

PODCAST: Devastation in the Philippines

David Brancaccio Nov 11, 2013
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Mid-day Update

PODCAST: Devastation in the Philippines

David Brancaccio Nov 11, 2013
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Relief efforts are underway after a massive typhoon struck the Philippines on Friday, which ravaged cities, towns and fishing villages across the islands. Thousands are believed to be dead. The United Nations, the U.S., and the European Union are sending help as well as looking into longer-term assistance. But disaster relief budgets in the Philippines have already been drained by other catastrophes, including a 7.2 earthquake just last month.

After last month’s government shutdown and brinkmanship regarding raising the nation’s borrowing limit, the business community is making its dissatisfaction with how business gets done in Washington clear through a new pattern of political giving. Business groups are getting involved earlier in races, and they’re supporting more centrist candidates.

 

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