Marketplace®

Daily business news and economic stories
  • Just 100 miles east of Cairo, the Suez Canal allows shipping routes a direct path between the Red Sea and the Mediterranean Sea. With protests continuing in Egypt, international markets continue to monitor the canal. Amy Myers Jaffe explains.

  • Protests continue in Cairo over high unemployment and high food prices. Steve Chiotakis speaks with Abdolreza Abbassian, senior economist at the UN's Food and Agriculture Organization, about Egypt's high price of food, and the nation's food subsidy program.

  • As the protests continue in Egypt, the rest of the world prepares for major increases in the price of wheat. Egypt is one of the world's leading importers of wheat, and neighboring countries are putting in big grain orders to feed their people. Scott Tong reports.

  • BP announced a $5 billion loss last year — no surprise after the company dealt with the Gulf oil spill. But the numbers could have been much worse. As Stephen Beard explains, BP is actually paying a dividend to its shareholders for the first time since the spill.

  • In the wake of massive protests in Egypt, other countries have been paying attention and sometimes covering things up. The government of China is suppressing mentions of the uprising. Iran is blocking access to news sites, perhaps fearing renewed protests in their country.

  • The Internet shutdown in Egypt got some wondering how possible it would be to accomplish here in the U.S., and how that could happen.

  • New York Times reporter Nick Kulish talks with Bob Moon about how food and fuel shortages in Egypt may exacerbate its problems and whether that will lead to any backlash.

  • Unrest in Egypt raise medium-term fears for oil supplies. But for now, the markets are be taking the threat to regional stability in their stride.

  • Jeremy Hobson speaks with Sam Stovall, chief investment strategist with Standard and Poors, about the protests in Egypt and how they could affect the global economy.

  • Steve Chiotakis speaks with Naguib Sawiris, chairman of the Egyptian telecom company Orascom, about the events in Egypt, and how a democratic government will benefit Egyptian businesses.