Tag: Region World

The Takeaway

Meet the man behind Lebanon's stable economy: Riad Salame

Tuesday, March 24, 2009

While banks in the U.S. and Europe have been bailed out or boarded up, a different scenario has played out in Lebanon: banks there are thriving. The man responsible for bucking the banking trend is Riad Salame, the Governor of Lebanon’s Central bank. In 2005 he prohibited banks in Lebanon from investing in mortgage-backed securities and today his prudent move has proved to be prophetic. Governor Salame, joins us from Beirut to discuss how Lebanon’s economy is weathering the global economic meltdown.

Earlier this month Riad Salame rang the opening bell at the New York Stock Exchange. Watch below.

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The Takeaway

Stimulus plans go global

Monday, February 09, 2009

The United States is far from the only nation to develop a plan to get its economy back on track. In fact, at least 33 other countries have done the same. Justin Fox, business and economics columnist for Time Magazine, joins Katherine and Todd to look at how some other nations are approaching this thorny problem and what we might be able to learn from them.

For more from Justin Fox, check out his blog The Curious Capitalist for Time Magazine.

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The Takeaway

The New York Times' Marcus Mabry on the week ahead

Monday, February 02, 2009

This week the stimulus bill will make its way through the Senate, former Maryland lieutenant governor Michael Steele will take over as the first African-American leader of the Republican National Committee, and analysts will look back at the take home message of last week's World Economic Forum. Marcus Mabry, International Business Editor for the New York Times, joins Katherine and Adaora with a look at these issues and more.

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The Takeaway

A dour Davos as world leaders and business titans drop out

Wednesday, January 28, 2009

Today world leaders, policy makers and a handful of business executives gather in Switzerland for the annual World Economic Forum. As if unemployment numbers, a bankrupt Iceland and the recent reduction of the British pound weren’t indicators of an economy in crisis, the somber tone at the forum might do little to restore confidence in the global economy. This year the meeting lacks the usual lavish ski trips, celebrity sightings and business titans. There is also barely a smidgen of American representation. Most prominent politicians have opted out of the conference in order to work on our own ailing economy. For a look at what those present are forecasting, we are joined by Andrew Ross Sorkin. He is a columnist for The New York Times, where he is also the chief mergers and acquisitions reporter.

"Last year the tone had already shifted. And most people here, they sold their stock."
— Andrew Ross Sorkin, editor of the New York Times blog DealBook, on the mood at the World Economic Forum in Davos, Switzerland

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The Takeaway

Satellite data proves Antartica is warming

Thursday, January 22, 2009

Despite the warming trend that is hitting the rest of the planet, it's been long thought that Antarctica is actually getting colder. Global warming skeptics point to Antarctica's cooling off as evidence that climate change is a myth. But now scientists using satellite data have determined that Antarctica is actually warming, much like the rest of the planet. One of the researchers, NASA climate scientist Drew Shindell, joins us to explain the findings.

Check out NASA's Earth Observatory website for a lot more information and imagery.

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The Takeaway

How to make capitalism 2.0 black swan proof

Tuesday, January 13, 2009

Former Wall Street trader Nassim Nicholas Taleb coined the term "black swan" to refer to unpredictable events that are more common than popularly acknowledged. In his bestselling book, The Black Swan: The Impact of the Highly Improbable, Taleb challenges conventional methods of economic forecasting. He joined us in October before Barack Obama won the presidential election, before the auto industry was bolstered by a government bailout, before Madoff became a household name. He joins us again today to help us view the latest economic realities as he sees them.

Watch Nassim Nicholas Taleb discuss the cause of the financial crisis.

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The Takeaway

A Viking Santa and The Christmas Lads

Thursday, December 25, 2008

Exactly who is Santa Claus? It depends on where you are in the world. The BBC's Matt Thompson looks at "Too Many Santas."
"The thing about The Christmas Lads is they're actually really scary because their mum's a cannibal."
— Matt Thompson on The Christmas Lads

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The Takeaway

Exotic Christmas cuisine from around the world

Thursday, December 25, 2008

African lungfish, fermented shark in Iceland and porcupine are all typical Christmas cuisine. The Takeaway takes a look at some traditional (and some weird) Christmas dishes from around the world. We're joined by food writer and TV personality Andrew Zimmern.

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The Takeaway

The Economist's predictions for 2009 (and apologies to 2008)

Friday, December 19, 2008

For 23 years The Economist has published a special issue that predicts events of the coming year. The 2009 edition has just come out and it includes an apology from the editor-in-chief because the magazine just got so much about 2008 wrong. Earlier this week we asked our listeners to provide their predictions for 2009 and tell us in on what they were wrong about in 2008. Today Daniel Franklin, Executive Editor of The Economist and editor of "The World in 2009" special issue, adds his voice to the discussion.

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The Takeaway

The Baltic Dry Index: A centuries old window into the economy

Tuesday, December 09, 2008

Ever since 1744, The Baltic Dry Index has measured the strength of the global economy.

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The Takeaway

Russia signs a new nuclear deal with India

Friday, December 05, 2008

Russia agrees to build four nuclear power plants in India.

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The Takeaway

The $5-billion online-fraud market

Monday, November 24, 2008

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The Takeaway

worst of times

Monday, November 03, 2008

For those of you looking for hope in times of economic woe, look no further than the man who brought you Oliver Twist. University of Oxford English professor Robert Douglas-Fairhurst says no other author can encapsulate the anxiety of our current economy better than Charles Dickens.

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The Takeaway

Asteroid deflection

Thursday, October 23, 2008

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The Takeaway

Why we can relax about sleep

Friday, October 17, 2008

Feeling tired on your drive to work this morning? Frustrated by your early morning and late nights? A new study on sleep says even though you feel like you’re chronically sleep deprived, you might be getting more sleep than you think. Jim Horne of Loughborough University tells John and Adaora why we might be getting exactly as much sleep as we need.

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The Takeaway

From survival of the fittest to survival of all: Is evolution over?

Thursday, October 09, 2008

As medicine, technology and culture advance, we’ve gone from survival of the fittest to survival of just about everyone. Evolution is about weeding out the weak and ensuring that the strong survive. But geneticist Steve Jones thinks our advances have effectively put an end to natural selection.

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The Takeaway

World markets jittery after U.S. bailout plan passes

Monday, October 06, 2008

GUEST: Matthew Bishop, The Economist's chief business writer and U.S. business editor. His new book is "Philanthrocapitalism: How the Rich Can Save the World."

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The Takeaway

"Black Swan" blues, or why what we don't know can hurt us

Thursday, October 02, 2008

Former Wall Street trader Nassim Taleb coined the term "black swan" to refer to unpredictable events that shape history and human experience far more than we are willing to admit. His bestselling book "The Black Swan: The Impact of the Highly Improbable" challenges conventional methods of economic forecasting, and has become a sort of travel guide to the current economic meltdown.

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The Takeaway

What does U.S. economic turmoil mean for the idea of Western capitalism?

Tuesday, September 30, 2008

Guest: Chrystia Freeland, Financial Times reporter

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The Takeaway

Comparing President Bush's United Nations speeches, 2001 and 2008

Wednesday, September 24, 2008

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