Marketplace Morning Report for Monday August 4, 2014
Leaders from across Africa are in Washington for the next few days to talk about trade, economic development, and combating poverty. Trade between the US and Africa is down, as demand for one of the region's prime export commodities, crude oil, is lower in the US. The summit also comes at a time that China has been working to be sub-Saharan Africa's best friend. Plus, how are things the Monday after the worst week for the stock market in about two years? Also, flight delays and cancellations cost airlines billions of dollars a year and since our time is also worth something, it costs passengers enormous amounts as well. But what if better weather data -- info gathered by planes themselves -- could mitigate delays?
Leaders from across Africa are in Washington for the next few days to talk about trade, economic development, and combating poverty. Trade between the US and Africa is down, as demand for one of the region’s prime export commodities, crude oil, is lower in the US. The summit also comes at a time that China has been working to be sub-Saharan Africa’s best friend. Plus, how are things the Monday after the worst week for the stock market in about two years? Also, flight delays and cancellations cost airlines billions of dollars a year and since our time is also worth something, it costs passengers enormous amounts as well. But what if better weather data — info gathered by planes themselves — could mitigate delays?