Economic Variety
A patient awaits care outside a hospital in Talca, Chile. (Sebastian Martinez, Associated Press / February 27, 2010)
By: Giselle Mares
February 28, 2010
Today, a variety of stories were published in the New York Times, LA Times and the U.S. Weekly about the economy. I have selected to share the most important story from each newspaper.
The Los Angeles Times ran a story about the devastating earthquake in Chile. The story explained the hardships Chile was going to experience to get financial help after the world has been generously giving to Haiti's disaster. None of the other newspapers ran a story about the lack of funding for Chile victims.
The New York Times published a story about a new technology that will stimulate the government. The new technology is a radio spectrum that estimates that selling off this spectrum could raise at least $100 billion for the government and, more important, create roughly $1 trillion worth of value to users of the resulting services. This story was different from the other two newspapers because it explained a new technology and people are interested in new technology.
USA Today published a story about credit unions. This story was different from the rest because it dealt with direct money problems. They say they'd make a bigger contribution if Congress passes a bill that would raise a cap on their business loans, now 12.25% of assets, to 25%. It would free an extra $25 billion or so in loans over three years, CUNA economist Bill Hampel says. While credit unions hold only 5% of all small-business loans, CUNA says the added funds would generate nearly 100,000 jobs the first year. Readers will be interested in reading this story due to the possible jobs available.
No comments:
Post a Comment