PRI: Global Economy

It's not every day that workers fight for a beloved CEO — and win

Thu, 04 Sep 2014 17:09:27 +0000

The power struggle at Market Basket, a New England grocery chain, made international news and shut down much of the chain's operations. Workers and suppliers went on strike when their beloved CEO was fired in a family feud. And the workers actually won.

Women unite in the slums of Nairobi to provide clean water

Mon, 25 Aug 2014 18:41:51 +0000

In the slums of Nairobi, Kenya is a project to get clean water to the poor run by a cooperative of women. These women address a more subtle type of conflict,that between the “haves and the have-nots,” a sort of ”urban water wars.”

A Brazilian company bids to become Chiquita's orange knight

Wed, 13 Aug 2014 19:25:17 +0000

American banana giant Chiquita has been planning a merger with Fyffes, an Irish rival, since March. But a $611 million offer from a Brazilian orange juice company might derail the deal.

A meat scandal in China has customers asking just how safe is Western fast food?

Thu, 07 Aug 2014 17:00:00 +0000

The McDonald's menu in China is looking sparse ever since investigative reporters there filmed a local firm allegedly repackaging old meat — even scooping it off the floor — and selling it to fast food outlets. The company, Shanghai Husi Food, is a major supplier to many foreign chains in China, including McDonald's, KFC, Pizza Hut and Starbucks.

The new Argentine debt crisis resurrects painful memories and fears of economic disaster

Fri, 01 Aug 2014 18:33:28 +0000

Argentina defaulted for the second time in 13 years after last-ditch talks with US hedge funds collapsed. Many Argentines worry that unless a deal is reached, another default could crash the peso and lead to inflation and unemployment.

Here's how an American furniture maker battled globalization, for his employees

Thu, 24 Jul 2014 21:18:22 +0000

“He’s relentless. He thinks, eats, breathes furniture. He's got a legal pad by his bed at night. I don’t think he’s slept through the night since globalization hit." That's how a reporter describes the American factory owner who took on foreign furniture producers and globalization.

If you like fishing, prepare to pay a little more for your worms this year

Fri, 18 Jul 2014 20:08:29 +0000

This year's long, cold winter and dry spring has affected Canada's export of hand-picked earthworms.

Taxi drivers across Europe create gridlock over Uber app

Thu, 12 Jun 2014 22:02:14 +0000

Taxi drivers in cities across Europe — including Berlin, Paris, and London — protested this week against the transportation app, Uber.

The Hindustan Ambassador...the only car to truly embody a country

Wed, 04 Jun 2014 18:44:09 +0000

Picture a really old Volvo, with its softer, rounder edges. You know, before the company went all boxy. Those soft curves give you an idea of what an Ambassador looks like. We're talking about the first car ever manufactured in India. It became the country's iconic automobile, changing very little in more than six decades on the road. Well, last week, the Ambassador hit a milestone, or actually, a gravestone. Its maker, Hindustan Motors, halted production.

How is China expanding its economic empire in Africa?

Wed, 28 May 2014 22:16:12 +0000

The government of Guinea just signed a huge mining deal to sell its iron ore on the global market. One of the partners in the agreement is the state-owned Aluminum Corp. of China. It's another sign of China' growing economic clout in Africa, explains Howard French, author of "China's Second Continent" about how China is expanding its business ties in Africa.

Should Washington be worried about a new Sino-Russian alliance?

Fri, 23 May 2014 19:08:25 +0000

For two countries so steeped in a shared communist history, Russia and China sure know how to do a business deal.

Mexico is waging war against American apples

Fri, 16 May 2014 15:18:28 +0000

After 50 years in the apple business, Vicente Robles from the Mexican state of Chihuahua is cutting down most of his orchards. The trees are still productive, but no longer profitable.

A French economist becomes a rock star in the US for writing on the growing gap between rich and poor

Wed, 07 May 2014 17:35:53 +0000

Economists as rock stars? It doesn't happen a lot, but French economist Thomas Piketty seems to have attained that status.

Dangerous Work On Mt. Everest

Thu, 01 May 2014 16:00:00 +0000

Western climbers rely on local Sherpa mountaineering experts to summit Mount Everest, but a recent deadly avalanche swept away 16 of them and the accident threatens the lucrative climbing season. Grayson Schaffer, senior editor at Outside Magazine, tells host Steve Curwood that many are questioning the ethics of subjecting Sherpas to such peril simply for the thrill of reaching the top of the world’s highest mountain.

A walkout at a factory in China may affect your next sneaker purchase

Mon, 28 Apr 2014 16:08:48 +0000

A walkout at a factory in China may affect your next sneaker purchase. Workers at the Yue Yuen factory in Dongguan, China, are on strike.

Should We Teach Children Entrepreneurship?

Thu, 17 Apr 2014 18:39:25 +0000

Can you teach entrepreneurship? Many college students take courses on how to build their own businesses. But what if the process started earlier? What if we taught entrepreneurship in high school, middle school or even elementary school classes?

Exxon Says Carbon Regulation Unlikely To Hurt Their Business

Fri, 11 Apr 2014 18:07:41 +0000

ExxonMobil has responded to a shareholders’ resolution with a detailed analysis of climate risks to the company's business future. The report acknowledges the seriousness of global warming, yet Exxon VP Ken Cohen tells Living on Earth host Steve Curwood that he does not expect carbon regulation to disrupt the company's core businesses.

Looking for a slick new ride? Italy's government has got a deal for you

Thu, 03 Apr 2014 19:25:50 +0000

Italian Prime Minister Matteo Renzi has vowed to clean up government in a country with a well-known history of corruption. In his latest stand against excess, his administration has opened its own eBay store to auction off officials' cars that are now deemed unnecessary.

The Crimean Conflict and Energy

Wed, 26 Mar 2014 21:56:13 +0000

Roughly one third of all Europe's natural gas arrives via pipeline from Russia, and the current standoff in the Crimea has European leaders worried about the reliability of energy supplies. Energy analyst Joe Stanislaw from Deloitte LLP tells host Steve Curwood that energy insecurity may prompt some European countries to explore domestic fossil fuel extraction.

Venezuela says its new grocery loyalty card will stop the toilet paper speculators

Wed, 19 Mar 2014 19:04:02 +0000

Pistachio prices are through the roof

Wed, 12 Mar 2014 21:39:29 +0000

Southern Turkey is pistachio country, and a recent spike in pistachio prices has people here on edge. The nuts harvested in southeast Turkey — and from other pockets along the Mediterranean coast — make the country the world’s third largest pistachio producer, behind Iran and the US.

For a bike messenger, Beirut may be the worst city ever

Fri, 07 Mar 2014 22:28:47 +0000

Bike messengers are part of the landscape in cities like New York and London. But they're rare in the Middle East, and in Beirut, Lebanon, there may be a good reason.

America was once a tech pirate

Thu, 20 Feb 2014 20:20:50 +0000

What is Your Work Worth?

Thu, 13 Feb 2014 20:10:48 +0000

Work makes up such a large part of our identity. Our work determines how we spend most of our days, the people we spend our time with, the kind of lifestyle we can afford, and it influences our fundamental sense of who we are.

A lot of that definition, of course, also has to do with how much we're paid. We asked listeners: Putting aside your salary, how do you measure the value of your job? Now, based on that value, are you compensated fairly?

Italy's extra virgin olive oil isn't always so virgin, or so Italian

Mon, 10 Feb 2014 17:20:50 +0000

An infographic that appeared in The New York Times this week suggested that most Extra Virgin Olive Oil from Italy is neither purely Extra Virgin nor purely from Italy.

Cuba's gleaming new port and a lucrative free trade zone point to a future after embargo

Thu, 30 Jan 2014 22:51:12 +0000

When the banks don't work, a suitcase full of cash will suffice

Thu, 23 Jan 2014 17:24:36 +0000

It could be a great start to a movie: a shady character with a suitcase full of cash tries to get through airport security without attracting much attention. Except it's not fiction for many Iranians, or for those doing business in Iran these days. The current US sanctions on Iran make suitcases full of cash one of the most efficient ways to get money into and out of Iran.

Fighting organized crime in Mexico with small business loans and after-school programs

Fri, 10 Jan 2014 15:22:31 +0000

US solar panel manufacturers get a gift from the US military

Thu, 02 Jan 2014 17:15:47 +0000

American solar panel manufacturers once dominated the global market. Today, they account for just 2.5 percent of worldwide manufacuturing.

Why would Specialized Bicycle go after an Afghan war veteran's bike shop?

Thu, 12 Dec 2013 23:03:40 +0000

Dan Richter started his bike shop, Cafe Roubaix, as a way to focus his life after more than 20 years in the Canadian armed forces.

Coffee shops, farmers and a banker team up to save Latin American coffee

Thu, 05 Dec 2013 02:06:10 +0000

Coffee trees in Central and South America are in danger. They have always been vulnerable to a disease called leaf rust, or la roya in Spanish. But now a warmer, wetter climate is creating the worst outbreak in a generation.

Does Haiti really need luxury hotels?

Wed, 27 Nov 2013 18:03:14 +0000

It has been a long slog to recovery after Haiti’s earthquake almost four years ago. Thousands remain in provisional housing of plywood, tarps, and corrugated metal. New lodging is being created, though. It’s just not all of the type you might expect.

Found a deal on a nice bottle of wine in China? Don't be so sure

Thu, 21 Nov 2013 20:19:00 +0000

China isn't known for its wine drinkers, but that may be changing. Move over baijiu (that potent Chinese liquor people either love or hate), wine is fast becoming the fashionable drink of choice.

An African slum lacked cash, so people made their own

Fri, 15 Nov 2013 16:13:05 +0000

Every picture you've ever seen of an African slum — that's this place. It's called Bangladesh, but it's outside of Mombasa, on Kenya's coast. It has dirt roads packed hard by bare feet, and open sewers running next to them filled with trash. The main road is lined with blocks and blocks of tin-roofed sheds with tiny businesses inside. Everybody here is an entrepreneur, just to survive.

Who would steal manhole covers? Organized gangs around the world

Wed, 06 Nov 2013 16:33:19 +0000

For one thing, they weigh more than 300 pounds. For another, they’re right in the middle of the street. Yet thousands of the covers are disappearing in Colombia every year.

$2750 a month for every adult, guaranteed? Switzerland's considering it

Fri, 25 Oct 2013 11:00:00 +0000

Here's a deal: Each month the Swiss government will send every adult a check for about 2,500 swiss francs (roughly $2,750) — no matter their need or income.

Irish and out of luck? Come to Canada, says the construction industry

Wed, 23 Oct 2013 18:32:28 +0000

You might say that Danny O'Sullivan has the luck of the Irish. He was a machinist in the Irish city of Cork, until he was laid off over two years ago. He was middle-aged, unemployed and worried he'd never work again.

I never thought twice about my Barilla pasta, until now

Thu, 03 Oct 2013 17:10:47 +0000

Shrinking Natural Gas Royalties

Tue, 24 Sep 2013 13:06:32 +0000

Farmers struggling to make a living from their land have welcomed gas companies that want to drill for natural gas on their property. Yet all too often royalty payments don't measure up to the promises. Reporter Abrahm Lustgarten of ProPublica tells host Steve Curwood about his investigation.

The rise of the collaborative consumption economy

Thu, 12 Sep 2013 22:00:00 +0000

Humans have always shared, but a new group of online companies are helping make it easier for people to offer up their homes and cars for short term rentals.

In Remote Spanish Town, a Glimmer of Hope in Tantalum

Tue, 10 Sep 2013 13:28:21 +0000

Amid the wreckage of the Spanish economy there’s a small glimmer of hope in the waste of an old tin mine in northwestern Spain. It comes from tantalum, a rare and valuable metal that’s vital for cellphones and tablet computers and that’s been a source of controversy in other parts of the world.

Spain's Ill Wind: Government Goes Back in Time to Gut Renewable Energy Subsidies

Wed, 14 Aug 2013 05:00:00 +0000

Spain recently hit a record high level of wind production, but future growth in renewables there is in doubt after the government’s decision to retroactively roll back green energy subsidies.

Tesla Stock Soars

Fri, 09 Aug 2013 14:54:51 +0000

Consumer Reports declares the Tesla S to be the best car it has ever tested, and the electric car company's stock is ten times higher than a year ago. Environmental writer Jim Motavelli specializes in green transportation and joins Living on Earth host Steve Curwood to talk electric cars.

Coke's Global Reach

Fri, 02 Aug 2013 17:52:32 +0000

Author Mark Pendergrast‘s history of Coca-Cola, “For God, Country and Coca Cola” has been re-released this summer. In his book, Pendergrast details the politics behind the ubiquitous fizzy beverage global rise and where Coke has and has not been available worldwide over its 120-year history.

Haute Cuisine: Spanish Farm Makes Bet on 'Bug Revolution'

Thu, 25 Jul 2013 14:42:05 +0000

In a warehouse in Spain, a French farmer is raising what she hopes will be the next big thing in French and European cooking: insects.

Global Implications of a Slowing Chinese Economy

Thu, 18 Jul 2013 14:19:18 +0000

China’s economy is slowing down. Or, to be more specific, China’s economy continues to roar along, by western standards, but has come down from it’s blistering growth of recent years.

China’s economy still grew by 7.5 percent between April and June. That’s more than 5 percent better than the American economy.

Economist Derek Scissors follows China with The Heritage Foundation, a conservative Washington think tank.

Scissors argues that China’s economy is now slowing because of its response to the financial crisis of 2009. That’s when the American economy was going into a tailspin, and US consumers were buying fewer Chinese exports.

Pushing Super-Efficient Fish & Veggie Farming in Uganda

Mon, 01 Jul 2013 21:17:28 +0000

"Aquaponics" is an almost climate-proof method of raising fish and vegetables using much less space, water and chemicals than land-based agriculture. It’s not new but it's been slow to catch on in Africa, where the demand for vegetables and protein is soaring. Now one Ugandan entrepreneur thinks he's finally hit on a winning formula.

Nicaragua Fast-Tracking Bill to Authorize Chinese Company's Canal to Compete with Panama

Fri, 14 Jun 2013 18:40:07 +0000

The government of Nicaragua is fast-tracking a bill that would authorize a company from China to build a new canal connecting the Atlantic and Pacific Oceans. The dream of a Nicaraguan canal dates back more than a century.

China's Copycat Towns: Why Chinese Love Knock-Offs

Mon, 03 Jun 2013 13:00:00 +0000

China may be the world’s most prolific copycat. It’s brought us pirated DVDs, fake iPhones, and even entire fake Apple stores. But what about knock-off architecture?

The Revolving Door of Ex-Pat Brazilians

Fri, 31 May 2013 15:49:49 +0000

When the US economy took a nosedive five years ago, Brazil’s economy hardly skipped a beat. With this economic shift in fortunes, migration patterns between the two countries shifted as well. But not as cleanly as one might think.

Apple Scrutinized on Tax Avoidance

Sun, 26 May 2013 16:46:28 +0000

Apple is the world’s most valuable company. It also makes things many of us love. So some may even be taking it personally that Apple is on the ropes today. The public scrutiny is over charges that Apple Inc. avoids paying billions of dollars in taxes every year.

Saving Money with Environmental Regulation

Wed, 15 May 2013 15:44:32 +0000

Critics argue that EPA regulation is costly to business and the US economy. But a new report from OMB shows that the financial benefits of environmental regulation outweigh the costs ten-fold. Harvard Professor Joe Aldy talks with host Steve Curwood about benefits of EPA rules.

Affordable Washing Detergent for the Poor in Chile

Fri, 10 May 2013 22:00:00 +0000

For people in a poor neighborhood of Santiago, Chile, money can be so tight that it’s a hardship to buy something as basic as a box of laundry detergent. Chilean student protester turned social entrepreneur decided to build a simple vending machine made out of wood that sells small amounts of powdered detergent at a 40 percent discount.

Padmasree Warrior on Why She Doesn't Believe in Work-Life 'Balance'

Wed, 08 May 2013 19:00:00 +0000

When Warrior began her career in technology at Motorola, she was one of only a handful of women working at her office. Two decades later, still only around a quarter of the employees at Cisco are women. As a wife and mother in addition to her high-powered career, Warrior is like many other women juggling the demands of her home life and work life. "The important thing to remember is that it isn't about balance, it's about integration," insists Warrior.

In Japan, banker tries to cash in on compassion, clean energy

Fri, 03 May 2013 19:00:00 +0000

Japan's society has been roiled by the tsunami and disaster at the Fukushima nuclear plant. At one credit union, the CEO has decided that it will do its part to help eliminate nuclear power in the country. And he's rewarding his customers who do the same.

Should Corporations be Required to Disclose Political Spending to Shareholders?

Fri, 03 May 2013 07:00:00 +0000

A group of Democratic officials and shareholder activists has petitioned the Security and Exchange Commission to require corporations to disclose their political donations to their shareholders. Advocates of the rule say shareholders should have the right to know where company resources are being spent, and to evaluate executives based on this information.

Planning for Retirement: "The Math Doesn't Work"

Fri, 26 Apr 2013 18:00:00 +0000

With pension plans nearly obsolete and most employees relying on their companies' 401k plans to prepare for retirement, many Americans may not know how to invest their money into these plans and the associated costs and fees that go along with that. In the new Frontline special, "The Retirement Gamble," Frontline correspondent Martin Smith investigates how to best navigate the country's retirement crisis.

In wake of Boston attacks, pressure cookers will need an image makeover

Thu, 25 Apr 2013 23:00:00 +0000

After last week's attacks around Boston, the common household pressure cooker has become associated with death, destruction and the Boston Marathon. But this fairly simple pot is a crucial cooking tool around the world. And it's going to need an image makeover.

Activist Investors Shake Up American Companies

Fri, 19 Apr 2013 15:00:00 +0000

Some of the most well-known companies in corporate America have recently landed at the center of some pretty rough and tumble fights between their board of directors and activist investors.

In Spain, Horses the Latest Victims in Economic Slump

Thu, 18 Apr 2013 20:00:00 +0000

Spain now says its economy will shrink more than expected this year, as banks struggle, the government slashes spending, and consumers spend less and less, especially on luxury items. One example: horses.

Paid paternity leave, offered for men only, offers dramatic changes in workplace, home dynamics

Fri, 12 Apr 2013 16:00:00 +0000

Paternity leave is often under-utilized, even in the countries where it's offered. But a new report finds that countries that are changing the way parental leave must be taken are finding striking success in boosting their economies, changing home roles and even opening up new opportunities for women.

Asia Development Bank imagines fleet of electric trikes to help Manila

Thu, 11 Apr 2013 03:11:28 +0000

Manilla is known for its traffic, and its pollution is getting worse too. A bank is hoping to take advantage of those circumstances by financing the production of 100,000 electric trikes to replace the city's fossil-fueled versions.

A Gun Manufacturer's Take on Tougher Gun Laws

Fri, 05 Apr 2013 21:00:00 +0000

On Monday, lawmakers in Connecticut announced plans to overhaul the state's gun laws. The draft legislation would, among other things, add more than 100 types of guns to the state's list of banned assault weapons. Several gun manufacturers have their homes in Connecticut. If the new proposed gun legislation passes, how will it affect their businesses?

Tattoo culture prominent in Texas along Mexico-U.S. border

Thu, 04 Apr 2013 00:56:39 +0000

Along the border in Texas, tattoos are common. Some of them are religious in nature, others are cultural. But either way, there are tattoo artists who are staying busy fullfilling a local desire by people to express themselves, and their struggles.

Online bridal business sells canceled weddings

Fri, 29 Mar 2013 15:00:00 +0000

The financial investment and hours of planning that go into a wedding might prevent some from canceling their special day. But a new online business hopes to lessen the financial burden by buying canceled weddings and re-selling them to the last-minute or thrift-minded bride and groom.

Fracking in the UK: Supporters Look to Avoid 'Reckless' US Mistakes

Thu, 28 Mar 2013 20:23:25 +0000

As the UK gears up to start natural gas fracking, government and industry say they’re determined to avoid the mistakes made in the US. But observers differ as to whether the country is better prepared for the risks of the controversial technology, or worse.

Need for Cyprus Financial Bailout Sparks Protests, Concern in Europe

Fri, 22 Mar 2013 16:44:55 +0000

Cyprus, like its Mediterranean neighbor Greece, needs a financial bailout. But a plan by the European Union to partially pay for the bailout with a tax of up to 10 percent on customers’ bank deposits sparked protests and a run on ATMs in Cyprus.

Tax-exempt bonds fund some private projects

Fri, 15 Mar 2013 14:00:00 +0000

Billions of dollars from state and local governments are under scrutiny because private corporations are using them to fund tax-free projects. One reporter says this is a loophole that needs to be reviewed.

In Bulgaria, vulture a critical part of local economy, sanitation infrastructure

Thu, 14 Mar 2013 03:30:00 +0000

Vultures, yes vultures, are increasingly important to the economy and health and safety of a poor, rural area of Bulgaria. The vulture of the Eastern Rhodope Nature Reserve not only dispose of local dead animals, preventing disease, but also are a powerful tourist draw.

Oklahoma-based PR firm plays vital role in NRA's image; As Turkey's economy booms and Greece's sputters, former enemies find themselves less inimical

Fri, 08 Mar 2013 15:33:00 +0000

1) The National Rifle Association's ad agency has been helping craft the NRA's image since the early 1980s. Though their approach has been controversial over the years, some critics say the NRA won't be changing its approach any time soon. 2) Greece is the poster child of European economic crisis. But across the Aegean Sea is Turkey, with a booming economy. The two neighbors, though, are long-time enemies. This new economic disparity, however, is alleviating old pains and bringing the two countries' people closer together.

Mexico's Zetas gang joins coal mining business for bigger profits; Spanish baker upends system by slashing price of bread by 80 percent

Wed, 27 Feb 2013 21:30:00 +0000

1) Mexico's drug cartel, the Zetas, have joined the coal mining business to increase their profits outside of their lucrative drug trading business. But legal and illegal coal mining practices in the region have mining advocates concerned for the miners' safety and future coal mining practices. 2) In Spain, a loaf of bread has typically cost a euro. But times are tough there, and one baker in the Valencia region decided to slash the price to just 20 euro cents. In so doing, he's upended the system, and captured a whole bunch of new customers at the same time.

China's telecommunications giant Huawei under scrutiny; Working less can increase productivity

Wed, 20 Feb 2013 23:53:08 +0000

1) China’s telecommunications giant Huawei has its sights set on global domination – in a good way, it insists. 2) The harder and longer someone works, the more tasks get completed. Or so logic would seem to say. Now, critics are saying productivity actually increases as workers slow their pace.

China's new leadership faces challenges in the new year; My Micro NY creates smaller living for New York City

Fri, 15 Feb 2013 17:19:12 +0000

1) China has become the largest trading partner for much of the world. Though, and perhaps because, China is in a position of economic power, income inequality and migration have become large problems for the country's new leadership to address. 2) Micro-unit apartments are gaining popularity in big cities, running out of space. Through smart design and creativity, the winner of New York's adAPT NYC competition has created a plan for smaller units, with smart design.

Rural Irish leaders pushing to loosen country's drunken driving laws, citing lost pub sales; Washington activists pushing for new labeling requirements for genetically modified foods

Thu, 07 Feb 2013 22:30:00 +0000

1) Ireland has targeted drunken driving in recent years, tightening restrictions and beefing up penalties. But a group of pub operators say those tighter laws are cutting into their profits, and they're seeking help from local government to create a system that authorizes drunken driving on rural roads. 2) Despite voters rejecting California's Prop 37, other states are now considering similar initiatives to require labeling of genetically modified food. In Washington, grassroots leaders are hoping for a victory against the deep-pocketed food industry.

GlobalPost report finds income inequality, a global problem; Organization in India harnesses youthful idealism to make Kolkata's slums better

Thu, 31 Jan 2013 22:00:00 +0000

1) By using the GINI coefficient as a measure of inequality, the GlobalPost has mapped and compared cities across the world that are struggling with income inequality. In two cities across the world from one another, the findings were remarkably similar. 2) India's slums are troubled places for families to live. But for many, it's unavoidable. But a new group, Prayasam, is trying to make those places better -- and the group is using the determination and idealism of children to get there.

Spain inaugurates first high-speed rail service connection with the rest of Europe; New Coca-Cola ad represents same happy approach, but with very different message

Thu, 24 Jan 2013 20:37:13 +0000

1) Spain has long been disconnected from the high-speed rail network that crisscrosses Europe. But no longer. A new line connected Madrid, Barcelona and Paris opened last week. 2) The new ad campaign from Coca-Cola aims to tackle the ongoing obesity problem in the United States. While some call it an attempt at re-branding the company, one critic sees this as an opportunity for global dialogue.

Canadian maple syrup heist continues to cause controversy; Massachusetts businesses trying to cultivate Chinese tourists

Wed, 16 Jan 2013 20:00:00 +0000

1) A maple syrup heist in Quebec threatens price controls the Federation of Quebec Maple Syrup Producers has used for some time -- and the theft occurred a year ago. The investigation continues into how one well-known buyer acquired the stolen syrup. 2) Members of the Chinese middle class, 300 million strong, are increasingly looking outside their nation's borders when thinking about vacation. And when they travel, they spend big, making them a prime topic for businesses across the world -- including in Massachusetts.

Public works to drive change in Medellín and job tips for grads

Fri, 11 Jan 2013 17:22:35 +0000

1) Medellín has long been known for its connections to the drug wars and the cartels. But as the violence has slowly abated, the government is trying to do its best to kickstart that, and connect the city's disconnected residents. 2) After graduation many 20-somethings are choosing to move home to help navigate a tough job market. But one workforce veteran is offering advice for those willing to go the extra mile.

Congress approves fiscal cliff compromise, but battle is far from over; Spanish city's locksmiths say they'll no longer assist with evictions

Thu, 03 Jan 2013 23:38:19 +0000

1) Congress approved a fiscal cliff bill Tuesday night, after weeks of broken deals and failed compromises. But the battle is far from over as conservatives push for dramatic increases in spending cuts in exchange for raising the country's debt limit, as soon as March. 2) Spanish banks looking to foreclose on delinquent mortgage owners in and around Pamplona will no longer have the assistance of the community's locksmiths. Last month, they announced they would no longer change the locks on people banks want to evict.

Year in Review: NATO's Role in 2012, and Goals for 2013; Cerberus Capital Management moves to end investment in gun conglomerate

Thu, 27 Dec 2012 00:20:10 +0000

1) Year in Review: As we wind down 2012, The Takeaway will be airing a series of conversations with some of the people, and on the issues, that took center stage this year. For NATO, 2012 has been a key year in Afghanistan, as troops there prepare to hand over power to Afghan security forces next year. 2) Cerberus Capital Management moves to end investment in gun conglomerate: The Sandy Hook tragedy has ignited an open debate on gun control and availability of mental health services. But for the private equity firm Cerberus Capital Management, the aftermath of the shooting has changing their business strategy.

Company in Prague turns to homeless people to show city's less-seen side; Company that Made Adam Lanza's Assault Rifle Up for Sale

Fri, 21 Dec 2012 05:21:14 +0000

1) Company in Prague turns to homeless people to show city's less-seen side: Prague is a major tourist draw in Europe's Czech Republic. However, like much of Europe, the city and country have its share of economic problems, which are contributing to a rise in homelessness. But one tourism company is harnessing that and hiring the homeless as tour guides. And they have a distinctly different point of view. 2) Company that Made Adam Lanza's Assault Rifle Up for Sale: The Freedom Group, described by Takeaway partner The New York Times as "the most powerful and mysterious force in the American commercial gun industry," manufactured some of the weapons used by the Washington, D.C. sniper in 2002, by James Holmes in Aurora, Colorado, and by Adam Lanza in Newtown, Connecticut last Friday.

Michigan film industry booms and busts; British-based banks agree to historic settlement

Thu, 13 Dec 2012 17:56:00 +0000

1) When Michigan's auto factories started to close, many wondered what to do with them. The state decided to try and turn them into movie studios, which worked for a time. Until the tax credits ran out. 2) Two British-based banks are going to pay record fines under settlements announced by the US Justice Department.

Abandoned barn becomes collaboration space for fighting global poverty; In India, economic growth hasn't led to food security

Wed, 05 Dec 2012 21:45:51 +0000

1) Denver group turns abandoned barn into collaboration space for fighting global poverty: In the fight against global poverty, little is easy. A Denver group is recognizing that and trying to bring groups in that field together to leverage each other's strengths and make it easier for them to work together. They're turning to an abandoned horse barn to do so. 2) In India, economic growth hasn't led to food security: Millions of people in India go hungry every day. And it has long-lasting effects on physical condition and mental abilities. A reporter from Bloomberg News, of Indian descent, returned to the small village where his family is from and lived for two weeks on a typical diet there.

New U.S.-Mexico Agreement to Restore Colorado River Delta; Jollibee Fast Food Brings Taste of Philippines Diaspora

Wed, 28 Nov 2012 22:49:10 +0000

1) New U.S.-Mexico Agreement Promises to Restore Water to Colorado River Delta: The Colorado River Delta runs dry before it reaches the ocean in Mexico. It's meant that a once-lush habitat has turned into a large, dry mud flat. But a new water-use agreement between the United States and Mexico seeks to change that. 2) Jollibee Fast Food Brings Taste of Philippines Diaspora: For Filipinos looking for a taste of their homeland, Jollibee is ubiquitous. For Filipinos living abroad, it has become a comforting reminder of home.

Spain Reviews Eviction Laws; American Energy in the Age of the Superstorm

Wed, 21 Nov 2012 03:55:00 +0000

1) After Public Outcry, Spain Reviews Eviction Laws: In cities across Spain on Monday, protesters banged on pots and pans in front of offices of the ruling Popular Party. They want Spain’s draconian eviction law changed. 2) American Energy in the Age of the Superstorm: After Hurricane Sandy, it's become pretty clear that major storms are here to stay… and the old antique that is the American power grid seems powerless against the recurring forces of mother nature.

Europe's Identity Crisis and History Rhymes in China

Wed, 14 Nov 2012 22:13:35 +0000

1) Europe's Identity Crisis: What, precisely, is the nature of the crisis in Europe right now? Is it strictly to do with banking and debt? Or does the financial crisis expose a more deep-rooted problem that Europe is grappling with—a crisis of identity. 2) History Doesn't Repeat, But It Rhymes in China: The Chinese Communist Party is about to hold its once-in-a-decade transition of leadership. It’s happening amid political scandals and growing economic concerns.

Hospitals Go Green to Save Money and Save Lives

Wed, 07 Nov 2012 20:30:00 +0000

In an effort to reduce climate vulnerability and stabilize energy costs, hospitals nationwide are investing in energy efficiency and renewable energy. Living on Earth host Steve Curwood checks out the innovative design of the new Spaulding hospital with John Messervy Director of Capital and Facilities Planning for Partners' HealthCare.

'Keepin' it weird' in Austin

Tue, 30 Oct 2012 16:53:16 +0000

Low taxes, minimal regulations, and simple licensing procedures make Austin, Texas one of the nation’s friendliest environments for starting a business. America Abroad's Andrew Uhler reports on how the "Keep Austin Weird" campaign has made the city a hub for American entrepreneurship.

A Potential Trade War with Mexico on the Horizon over Tomatoes

Tue, 23 Oct 2012 21:35:18 +0000

1) The US Commerce Department is considering pulling the plug on a 16-year-old trade agreement regulating Mexican tomato imports. 2) As many as five deep water ports in Washington and Oregon are considering building terminals to export American coal to Asia. The coal would come from mines in Wyoming and Montana and would travel by train through the Northwest.

Is Manufacturing the Key to Innovation?

Wed, 17 Oct 2012 14:47:28 +0000

The revival of American manufacturing has been a constant refrain in presidential campaigns, and 2012 is no exception. But does American manufacturing have a future?

J.P. Morgan Sued for Defrauding Investors

Thu, 04 Oct 2012 21:40:00 +0000

J.P. Morgan Chase, America's biggest bank, is being sued for allegedly defrauding investors who lost more than $20 billion on mortgage-backed securities sold by the investment bank Bear Stearns. JP Morgan bought Bear Stearns in 2008.

Free College: The Kalamazoo Promise

Wed, 26 Sep 2012 16:51:15 +0000

With soaring tuition costs, students and parents across the country are wondering how they will pay for college — except for those in Kalamazoo, Michigan. The district's superintendent and one of its students explain how free college tuition has changed test scores, dropout rates, and more.

Jobs in Massachusetts and Spain

Wed, 19 Sep 2012 15:32:09 +0000

1) In Massachusetts at least, the clean energy industry is adding jobs at a brisk pace. From Living On Earth. 2) Spain considers Vegas-like project to jumpstart flagging economy. From PRI's The World

Jobs report the Fed's plan for economic stimulus

Mon, 10 Sep 2012 23:00:00 +0000

Friday's release of the latest jobs report and how the Federal Reserve is preparing to act to accelerate growth in the economy. From The Takeaway.

America's labor movement

Tue, 04 Sep 2012 23:00:00 +0000

Activist and labor leader Bill Fletcher, Jr. offers his insight and critique of America's labor movement in America. From The Tavis Smiley Show.

How off-shoring impacts the US workforce

Mon, 27 Aug 2012 23:00:00 +0000

When companies shut down plants in the US and send jobs overseas, workers are faced with uncertain futures. From The Takeaway.

Economic stimulus sidelined by politics

Mon, 20 Aug 2012 23:00:00 +0000

How the American Recovery and Reinvestment Act, passed in 2009, improved the economy, created jobs and was President Obama's least understood piece of legislation. From The Takeaway.

Investment predictions

Mon, 13 Aug 2012 23:00:00 +0000

Jim Rogers, an American investor and chairman of Rogers Holdings and Beeland Interest, predicts that the economy is turning away from shares and mutual funds, and towards those tangible goods. From The Takeaway

The state of America's retirement system

Mon, 06 Aug 2012 23:00:00 +0000

Teresa Ghilarducci, professor of economics at the New School for Social Research, asserts that 49 percent of middle-class workers will be poor or near poor when they enter retirement. From The Takeaway.

Summer jobs no longer the realm of teen workers

Mon, 30 Jul 2012 23:00:00 +0000

Older workers, immigrants, and young college grads are now taking the low-level work formerly filled by America's teenagers, and economists have suggested that this change might be permanent. From The Takeaway.