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Toyota’s expansion

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Airing on Thursday, April 16, 2015: There’s word today that Japan has overtaken China as the number one foreign holder of US treasuries. I’m speaking of Japanese pension funds, the Japanese government and other Japanese investors. We consult Adolfo Laurenti, chief international economist at Mesirow Financial in Chicago on the shift to US debt. Plus, the world’s largest car maker by volume, Toyota, is saying it plans to invest $1.4 billion to build two new factories in Mexico and China. The announcement marks an end to three-year freeze on expansions that Toyota imposed on itself. More on that. Electronic payments-through companies like PayPal-are supposed to make it easier and safer to buy things online. But we found that it doesn’t always translate when you’re trying to make a purchase across borders.

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