Five Years After Collapse, Obama Paints Mixed Economic Picture
Five years after the economic collapse, President Obama today reflected on where the US economy is today. The president pointed to progress over the past five years and millions of news jobs created. But, as he does every time he talks about the economy, he said the U.S. hasn't come far enough and blamed Congress for inaction.
Why Markets Went Up With Larry Summers Out Of Fed Chair Running
Robert Siegel talks to Jeremy Siegel, a professor at the Wharton School at the University of Pennsylvania, about Larry Summers' decision to bow out of contention for Federal Reserve chief. Summers is controversial both in Washington and at Harvard, and is associated with some ideas about monetary policy that rattle investors these days.
How Smartphones Became Vital Tools Against Dengue In Pakistan
Two years ago Pakistan's Punjab province was hit with one of the world's worst dengue outbreaks. This year the number of recorded cases has plummeted. Many leaders credit a mobile phone app that tracks mosquito populations and city workers' efforts to contain them.
Is Brazil Ready To Host The World Cup In 2014?
Brazil is known as a soccer-crazed country, and next year, the country is hoping for a sixth championship when it hosts the 2014 World Cup. But amid the excitement, there is much criticism of money spent on the World Cup, and questions about whether Brazil is ready to play host. Melissa Block checks out one of the 12 stadiums to be used in the Cup, Arena Pernambuco outside the northeastern city of Recife, and talk with people who are both elated and angered by the upcoming event.
On Mexico's National Holiday, Not Much To Celebrate
It's a National Holiday today in Mexico, but there isn't that much to celebrate. The economy is sinking, there are relentless rains and protests in the street and — horror of horrors — Mexico's cherished national soccer team may not go to the World Cup for the first time in nearly a quarter of a century. On many accounts, it's a bummer of a national holiday is in Mexico.