Marketplace Morning Report for April 18, 2008

Segments From This Episode

• States want leeway with CO2 curbs

  by Sam Eaton

  The EPA has denied 17 state plans to curb CO2 emissions, saying separate plans would create confusion. Governors are meeting at Yale today to press the federal government to act on climate change.

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• Violence in Mexico deterring tourists

  by Jeff Tyler

  The number of Americans kidnapped while in Mexico doubled in 2007 from the previous year. The rise in crime has not only reduced tourism, it is affecting the future of real estate projects, such as Donald Trump's Tijuana towers. Jill Barshay reports.

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• Freddie Mac to help with jumbo loans

  by Jill Barshay

  Jumbo home loans — anything larger than $417,000 — have become more expensive than regular mortgages. They're 7% instead of 5.9%. Now Freddie Mac has a deal with four lenders to lower the rate. Jill Barshay reports.

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• U.S. may block British-Saudi jet deal

  A $40 billion arms deal between Britain and Saudi Arabia would supply the Saudis with fighter jets. But the deal has been jeopardized by corruption inquiries, and the U.S. could block it. From London, Stephen Beard reports.

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• Losing sleep over noisy New York bars

  by Marketplace Staff

  Closing time for New York City bars is 4 a.m. Some New Yorkers upset over noisy patrons want bars to close at 2 a.m. so they can get some sleep. Ashley Milne-Tyte reports

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• Argentina to get fuel from Venezuela

  by Dan Grech

  Argentina announced it will get much-needed diesel fuel from Venezuela. The arrangement could steady the price of diesel and ease tensions with farmers who need fuel for harvesting. Dan Grech reports.

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