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Tuesday, September 9, 2003
The Marketplace Morning Report with Kai Ryssdal and Tess Vigeland is a series of seven 9-minute business news modules airing weekdays. This timely report delivers a global business newscast and a hard-hitting feature report. Visit the archive to browse previous stories.
Note: Each of the broadcasts contains some of the newscast items below and one of the features. Since only a few radio markets get all seven broadcasts, we've made them available below.
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Newscast Stories
- From New York: Rachel Dornhelm reports that as U.S. consumer debt figures climb, the Federal Trade Commission recommends changes to the Fair Credit Reporting Act.
- From Los Angeles: As housing costs increase faster than wages, decent housing is increasingly out of reach for millions of Americans. Jeff Tyler has the story.
- From New York: Ashley Milne-Tyte finds out what CEOs think about the economy and the war in Iraq: Many are feeling optimistic about the economy.
- From Washington, DC: Steve Henn wonders if the huge U.S. deficit will affect the government's ability to borrow money, and if so, what does that mean for higher interest rates?
- From London: Stephen Beard says an arms fair in London is raising trade security issues.
- From New York: Ashley Milne-Tyte reports on setbacks being faced by manufacturers of face-recognition technology.
- From Tokyo: Jessica Smith finds that there might be a few holes in the plan aimed at blocking North Korea’s ships from carrying out trade in drugs and other illegal goods that enrich the country’s regime.
- From Beijing: Jocelyn Ford looks at how the markets are reacting to news of a new case of SARS in Singapore.
Features
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Businesses ready to profit off Iraq reconstruction
The president’s request this week for another $87 billion, partly to fund reconstruction in Iraq, was music to the ears of the many businesses hoping to cash in on the effort. So far, security problems have stalled much of the reconstruction. But as Marketplace’s Amy Scott reports, back in the States companies are lined up to help navigate the troubled terrain.
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One town in Argentina trying to end corruption
If Argentina doesn't get a new IMF loan, President Nestor Kirchner has hinted that his government would default on a $3 billion IOU due today. He wants to avoid suspicions of corruption that plagued earlier administrations with a payback plan that has realistic goals. Patricia Nazario reports that the growing quest for government transparency isn't only national; it has inspired one local mayor to shake things up.
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