Zoe Chace http://kccu.org en The Ballad Of The 13-Year-Old North Korean Capitalist http://kccu.org/post/ballad-13-year-old-north-korean-capitalist Transcript <p>ROBERT SIEGEL, HOST: <p>In North Korea, private businesses are illegal - or at least they're technically illegal. People aren't supposed to buy and sell stuff to each other, but they do it anyway. NPR's Zoe Chace, of our Planet Money team, has this story of a young North Korean woman who knew a business opportunity when she saw it, and had no qualms about pursuing it. One word - socks.<p>ZOE CHACE, BYLINE: She's just 23 years old. Easily excited, she wears makeup, a bright pink dress, likes to speak a little bit of English.<p>JOO YANG: OK, my name is Joo Yang. Wed, 09 Jul 2014 20:11:00 +0000 Zoe Chace 59460 at http://kccu.org Regulators Debate Effective Punishments For Guilty Banks http://kccu.org/post/regulators-debate-effective-punishments-guilty-banks Transcript <p>RENEE MONTAGNE, HOST: <p>And a lot of major banks have been getting into trouble lately - tax evasion, money-laundering, foreclosure, fraud - added to that list this week, sanctions violations. A big French bank will likely admit to the U.S. Justice Department that it handled billions of dollars in trades with Sudan. That's against the rules. But what are the consequences? As NPR's Zoe Chace explains, it's actually pretty hard to figure out how to punish a bank.<p>ZOE CHACE, BYLINE: A bank is a place that handles lots of money. Wed, 25 Jun 2014 09:06:00 +0000 Zoe Chace 58588 at http://kccu.org Germany's Economy Is Doing Well — And That's Bad For The Eurozone http://kccu.org/post/germanys-economy-doing-well-and-thats-bad-eurozone Transcript <p>MELISSA BLOCK, BYLINE: Germany's economy is having a pretty good year so far. Manufacturing is high, unemployment is low. The economy is expanding, and yet the strangest report has recently come out of Europe. It says all of that success is actually a problem for the rest of the Eurozone. Zoe Chase of our Planet Money team wondered why Germany's success isn't considered a good thing.<p>ZOE CHASE, BYLINE: Germany's got a thing about making stuff the world wants.<p>JACOB KIRKEGAARD: Germany has always had what you could call an export fetish. Thu, 29 May 2014 20:27:00 +0000 Zoe Chace 57066 at http://kccu.org Penny Hoarders Hope For The Day The Penny Dies http://kccu.org/post/penny-hoarders-hope-day-penny-dies Transcript <p>AUDIE CORNISH, HOST: <p>Every year, the U.S. government loses money minting pennies. They cost around twice as much to make as they're worth. And some politicians and economists say we ought to just get rid of them. They want the U.S. to kill the penny, take it out of circulation. If that happens, a small group of people plan to make a bunch of money.<p>NPR's Zoe Chace has that story from our Planet Money team.<p>ZOE CHACE, BYLINE: Steve Wardak is one of those people. This guy is a big fan of the penny. He's never walked past a penny on the street and not picked it up. Wed, 21 May 2014 20:10:00 +0000 Zoe Chace 56562 at http://kccu.org When Lyrics Get Posted Online, Who Gets Paid? http://kccu.org/post/when-lyrics-get-posted-online-who-gets-paid Any time a song is popular, you'll find people debating it. And at some point during that debate, someone is going to Google the lyrics.<p>There are roughly 5 million searches for lyrics per day on Google, according to LyricFind. Those searches often lead to websites that post lyrics to lots of songs — and, in many cases, sites that post ads alongside those lyrics.<p>David Lowery, frontman and songwriter for Cracker and Camper van Beethoven, is waging war on the sites he believes make money off song lyrics but don't pay the songwriter. Fri, 09 May 2014 07:53:00 +0000 Zoe Chace 55802 at http://kccu.org When Lyrics Get Posted Online, Who Gets Paid?