Marketplace Morning Report for Monday November 24, 2014
Monday is the deadline for a deal in Iran’s nuclear talks. It’s a case where oil sanctions have been seen as successful in bringing Iran to the table, but unwinding those sanctions could prove tricky, because of all the parties involved. And when that does happen, Iran’s oil exports could add to the worldwide glut of oil. Plus, at a time that Russia calculates it's losing $40 billion a year because of Western sanctions stemming from the situation in Ukraine, the falling global price of crude oil is not helping. Russia is a huge energy producer and some Russian officials can't shake the idea that the low prices are a plot designed to hurt Russia. More on that. And when you think of "Turkey," you might think of the country in West Asia and Southeast Europe. This time of year, Turkey could mean a "large, gallinaceous bird." Or Turkey: a flop, a dud. Marketplace regular and Fortune Magazine senior editor at large Alan Sloan uses the last definition on this Thanksgiving Week, as he looks at the business turkeys of 2014.
Monday is the deadline for a deal in Iran’s nuclear talks. It’s a case where oil sanctions have been seen as successful in bringing Iran to the table, but unwinding those sanctions could prove tricky, because of all the parties involved. And when that does happen, Iran’s oil exports could add to the worldwide glut of oil. Plus, at a time that Russia calculates it’s losing $40 billion a year because of Western sanctions stemming from the situation in Ukraine, the falling global price of crude oil is not helping. Russia is a huge energy producer and some Russian officials can’t shake the idea that the low prices are a plot designed to hurt Russia. More on that. And when you think of “Turkey,” you might think of the country in West Asia and Southeast Europe. This time of year, Turkey could mean a “large, gallinaceous bird.” Or Turkey: a flop, a dud. Marketplace regular and Fortune Magazine senior editor at large Alan Sloan uses the last definition on this Thanksgiving Week, as he looks at the business turkeys of 2014.
