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Wednesday, October 8, 2008

  • European, Asian Markets Plunge as Recession Fears Spread Worldwide

    Eurostockdropweb

    As stock indexes plunge across Europe and Asia, Britain unveiled plans today to inject up to 50 billion pounds — close to $90 billion — into its biggest retail banks. Recent efforts to bolster world credit markets have failed to stem fears that the spreading financial crisis could lead to a global recession. We go to Rome to speak to economist Loretta Napoleoni, author of Rogue Economics: Capitalism’s New Reality. [includes rush transcript]

  • Faltering Economy Takes Center Stage in McCain-Obama Debate

    Prez2debateweb

    It was no surprise that the economy dominated last night’s presidential debate. We play excerpts and get reaction from Pulitzer-winning journalist David Cay Johnston, author of Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and Stick You with the Bill). [includes rush transcript]

  • McCain-Obama Debate Highlights Similar Stances on Foreign Policy

    Prezdebate2blackweb

    While the state of the economy dominated the opening portion of last night’s debate, the focus later shifted to foreign policy. Voters questioned Senators Barack Obama and John McCain about Iraq, Afghanistan, Pakistan, Russia, Israel and Iran. [includes rush transcript]