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Monday, May 10, 2004
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 Cape Town: When South Africa threw off the chains of apartheid ten years ago, the government mandated black participation - and ownership - in key industries, including mining. But the nation's wine industry remains dominated by whites.
- From New York: The U.S. and Malaysia will sign a new trade deal today, the same day Malaysia's most famous political prisoner has his final appeal.
- From Los Angeles: Colorado governor Bill Owens will sign a landmark piece of legislation this morning that changes the way that state funds higher education. Colorado will now give tuition money directly to students in the form of vouchers, instead of sending tax dollars to its public universities every year.
- From Tokyo: Good news in the U.S. sent stock prices in Japan reeling for the 6th straight day. Today the Nikkei plunged nearly five percent, below the 11,000 mark.
- From London: A leading British aid agency says the war on terrorism is hurting some of the poorest people in the world. Christian Aid claims that money to fight poverty has been diverted into military and intelligence gathering operations.
- From Los Angeles: A bank merger is the buzz on Wall Street this morning. Atlanta-based SunTrust Banks says it will buy Memphis-based National Commerce Financial. The deal would create the country's seventh largest bank with $148 billion in assets
- From Beijing: The Chinese government is ever concerned about inflation, which sped up to 3 percent in March. Beijing has been telling local governments to stop new projects in industries like aluminum and real estate.
- From Los Angeles: The lengthy war in Iraq means companies that make the weapons and ammo used there are making a profit. But the problem is keeping up with demand.
Features
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G-Speak When Federal Reserve Chairman Alan Greenspan talks - people listen. So much so, his pronouncements have been nicknamed "G-Speak." In this edition of the Sloan Sessions, Newsweek's Wall Street Editor Alan Sloan says we may be looking for too much meaning in G-speak about interest rates.
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Military Women The Iraq war has expanded the role of women in the military. In fact, female GI's in supply and support units are just as susceptible to rocket propelled grenades as male soldiers in front line combat roles. This integration has its roots in World War Two. Emily Yellin, author of the new book "Our Mother's War," says following the attack on Pearl Harbor, millions of American women worked in shipyards, airplane factories, and in the military itself...
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The Call Centers of India When you pick up the phone to book an airline ticket or call computer tech support there's a good chance the person on the other end of the line is in India. Trainers are doing all they can to make that customer service rep sound like your next door neighbor. Rupa Marya reports from Bangalore.
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