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Business, Economics and Jobs

The Limits of GDP

The recession in the US is technically over. GDP grew at a rate of 3.5% in the last three months ending in September. But there's a growing cadre of economists who say GDP has outlived its usefulness as a gauge of economic health. Jason Margolis has more.

Global Politics

One Spanish town's recession

In Spain, the economic crisis is hitting small towns particularly hard. Now, basic public services such as trash pick-up are going neglected in places such as the village of Collbato, in northeast Spain. The World's Gerry Hadden has the story.

Global Politics

Rich Germans want more taxes

Germany's new conservative ruling coalition is proposing steep tax cuts to help end the economic crisis. That's sending the deficit soaring. A group of very rich citizens says it wants to help bridge the growing gap. The World's Gerry Hadden reports.

Global Politics

Foreign investment in the US

More Americans are looking for work than in 26 years. The dollar keeps getting weaker. But for foreign companies looking to invest in the United States, America looks pretty attractive.The World's Jason Margolis profiles one state: Mississippi.

Global Politics

Flu vaccine overstock

After this year's rush to stock up on the H1N1 vaccine some countries are now trying to unload millions of stockpiled doses. Governments are being criticized for overreacting and overspending against the disease. The World's Gerry Hadden reports.

Development & Education

Was it worth it?

Was it worth it? That's the question many people are asking in British Columbia with the Olympics just days away. Seven years of planning, construction, and hassle. The World's Jason Margolis visited British Columbia to ask.

Arts, Culture & Media

Sydney's new water factory

Starting this winter, residents of Sydney, Australia are getting some of their drinking water from a brand new desalination plant. The plant was built after years of erratic rainfall. Phil Mercer reports from Sydney.

Global Politics

North Korea's failing currency

The North Korean government recently knocked two zeros off its currency, the won. And it ordered citizens to turn in their old cash savings. The move caused panic and riots. Katy Clark talks with Marcus Noland who is an expert on North Korea's economy.