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Mid-day Update

PODCAST: Pirates off the coast of West Africa

David Brancaccio Nov 20, 2014
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Mid-day Update

PODCAST: Pirates off the coast of West Africa

David Brancaccio Nov 20, 2014
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At first glance, there was no inflation last month.  The news this morning is the consumer price index is flat. But, you already knew gasoline and heating oil prices are down and what that masks is rising prices in other areas. More on that. And a new Senate report warns that taxpayers and consumers could end up holding the bag when banks own big stashes of commodities like oil and metals. The senate report also highlights the possibility of risk to the overall financial system. Plus, when we say pirates and Africa, thoughts turn to the east coast of the continent including Somalia. But we were talking to our BBC colleagues and their correspondents are pointing out that there are more attacks on shipping off West Africa, especially the coast of Nigeria.

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