Business, Finance & Economics

Business, Finance & Economics

The decline in oil prices will put the squeeze on Iran and Russia — and give a jolt to American consumers

The price of a barrel of oil has fallen to its lowest level in more than half a decade — and it's still falling. That's put a major dent in the economies of some of the world's largest oil producers, like Iran and Russia. But in the US, it's cause for celebration, as falling oil prices are translating into plummeting prices at the pump.

Business, Finance & Economics

Detroit's existing immigrant communities feel left out by a new proposal to attract skilled immigrants

Michigan Governor Rick Snyder is pushing immigration as one solution to Detroit's economic woes. He's asked the Obama Administration to designate 50,000 visas to attract skilled immigrants and entrepreneurs to the bankrupt city during the next five years. But Detroit's existing immigrant communities insist they be included in the economic strategy to bring Detroit back.

Business, Finance & Economics

Cuban coffee

For the Geo Quiz we're on the island of Cuba, looking for its largest mountain range. It's known for its coffee plantations but these days there isn't enough coffee in Cuba - once a major coffee exporter - to even meet the demands of the local population.