Marketplace: News Archives

Tuesday, April 22, 2003 Listen to the entire show in RealAudio

Newscast Today: Dow hops 156.09 (1.87%); NASDAQ skips 26.99 (1.89%); S&P 500 jumps 19.36 (2.17%) Despite disagreements, Bush offers Greenspan job security: reappointing Greenspan is a good economic and political move Thousands of parents have to give up their kids to foster care, police because there's no other way to get kids the mental healthcare they need High Court to decide if Nike’s PR statements defending its labor practices are “commercial speech” -- and subject “truth and accuracy” standards Listen to all newscast items

Features Music Bridge: Home Cooking - Tony Allen Purchase this music from PRMS.org Arab-Kurd Fight Kurds’ houses were given away to Arab families by Saddam -- and they want them back: Now that Saddam Hussein’s regime is over in Iraq, many Kurds want to return to the homes the government took away from them. But in the neighborhoods of newly liberated Kirkuk, their property has since been redistributed to Arab families, who aren’t exactly willing to just pack up and move out. But Arab residents say they're fed up with armed Kurds looting their homes and businesses. Under Saddam's rule, the Arabs enjoyed economic privileges -- now, America has taken over and the tables are turned. Kurds run the show, and Arabs are angry. Reporter: Borzou Daragahi

Commentary- Forgiving National Debts Commentator says it’s a great idea for Iraq to be free from debt incurred by a dictator: One of the many things still to be decided as the coalition forces work to rebuild Iraq is the issue of debt relief. Proponents argue that the new Iraq should be able to start fresh, free from making payments on Saddam’s tanks. Some say this could set a precedent for other countries -- something commentator James Galbraith says is exactly why it’s a great idea. “The arms merchants and their lenders deserve no sympathy at all,” says Galbraith. “The world has already faced the reality that ‘Highly Indebted Poor Countries’ shouldn’t live under the burden of unpayable debts.” Commentator: James Galbraith Music Bridge: Please Forgive Me - David Gray Purchase this music from PRMS.org

Iraq’s Environmental Disasters Iraq’s wetlands have suffered from years of neglect and abuse: The most severe problems in Iraq are the ones that were created before this conflict. Saddam, in an effort to push thousands of residents into exile, flooded Iraq’s marshlands, resulting in 10 years of damage to the Gulf ecosystem. In a country like Iraq, environmental protection is more than a luxury: Clean waterways and abundant fish stocks are vital to the infrastructure. This is why international experts are hoping some reconstruction funds might go toward correcting the problems. The Swiss government is funding a UN study of the most pressing post-war ecological problems. Reporter: Rachel Dornhelm Music Bridge: Down the Drain - DJ Krush Purchase this music from PRMS.org

Canadian Trade Woes Canada’s opposition to the war with Iraq could affect the trade relations between the U.S. and its northern neighbor Bush has cancelled a trip to Canada next month, one that was seen as a chance to mend affairs strained by differences over the war in Iraq. Canada's opposition to the war has created a "stormy" relationship. In the U.S., politicians have been surprisingly blunt about the situation, angered by Canadian protestors. Relations between the U.S. and Canada have been cool since a spokeswoman for Prime Minister Jean Chretien called Bush "a moron." Reporter: Brian Mann Music Bridge: That's All the Lumber - Kathy Mattea Purchase this music from PRMS.org

King Of The Road Angus King checks in again from his road trip with his family: Marketplace host David Brancaccio talks with Angus King the former Maine governor and RV enthusiast about the latest stage in his cross-country tour. He checks in from San Diego, Calif. Links:   Listen to the full Angus King interview   WheresMolly.com: Track the King family's progress on the road Music Bridge: Wild West Theme - John McEuen Purchase this music from PRMS.org

Tomorrow On Marketplace... It’s “Administrative Professionals Day,” and we’re talking to Jack Welch’s longtime assistant about what it takes to be a professional “helping hand” for one of the world’s most famous CEOs.