The IMF today increased the influence of China, South Korea, Turkey and Mexico to reflect their growing economies. The move is seen as an attempt to boost the credibility of the IMF — but will it work? Scott Tong reports.
Israeli defense spending has already seen a $1 billion-plus jump, largely to pay for the costly war with Hezbollah. The administration wants more but Israelis are saying it needs to use the money it has better. Hilary Krieger reports.
Public policy's tough to quantify, but one theory may help predict changes in political stability and openness. Host Kai Ryssdal talks with Ian Bremmer, president of the world's largest political risk consultancy, about his new book, The J Curve.
The IMF voted today to boost the voting power of up-and-coming economies including China, South Korea Turkey and Mexico. Who loses power? Jocelyn Ford reports.
British oil giant BP is launching a company-wide review of its operations, a move triggered by last year's fatal fire in its Texas City refinery. Stephen Beard reports.
The U.S., Canada and European Union today complained to the World Trade Organization that China should lower trade barriers that they say are unfair for foreign automakers. Scott Tong reports.
India's government has proposed to give $1,100 to people who marry members of lower castes. The plan aims to weaken the country's caste system, but critics say the payouts won't work. Miranda Kennedy reports.
Most people think a college education is the ticket for a good, well-paying job. But college grads in Egypt are finding that's not always true. Nancy Farghalli reports.
The second-in-command at Russia's central bank was shot dead last night in Moscow. Andrei Kozlov had been cracking down on money laundering. Stephen Beard reports.
After a slump in the Mexican manufacturing industry a few years ago, many American corporations turned to labor in India and China. But thanks to some high tech changes, the maquilas may be back. Laura Belous reports.
