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China Warily Eyes E.U. Bailout

As the G-20 convenes in Cannes Thursday, the European Union's roller-coaster debt crisis tops the agenda. Last week, European leaders asked cash-rich China to back the E.U.'s bailout fund. Some economists saw the request as marking a shift in the global economic order.
NPR

Harvard Economics Students Protest Perceived Bias

On Wednesday, a group of students walked out of a popular economics class because they say it pushes ideology that favors the rich at the expense of the poor. Host Steve Inskeep speaks with the professor of that class, Greg Mankiw, who used to be an economics advisor to President George W. Bush.
NPR

Can Berlusconi Deliver On Debt-Crisis Promises?

Italy's prime minister promised European leaders that he would come up with solid proposals to show his country can reduce its mountain of debt, stimulate its economy and avoid a bailout. But he's expected to show up at the G-20 summit with with a vague list of measures that aren't likely to satisfy.
NPR

The Fed Downgrades Its Outlook On The Economy

The Federal Reserve is predicting slower growth and less improvement in the unemployment rate through 2013. The news comes after a meeting of the Fed's policy-making committee, in which it decided against taking new measures to stimulate the economy. But Chairman Ben Bernanke said additional steps may be needed down the road.
NPR

How Technology Is Eliminating Higher-Skill Jobs

Machines used to take over work that was physically hard, or dangerous, or just monotonous. But one expert says that now the things that are easiest to automate are not the lowest-skill activities. Instead, higher-skill, better-paying jobs are being lost.

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