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Business
3:51 am
Fri July 13, 2012

Geithner Pointed Out LIBOR Concerns In 2008

Originally published on Fri July 13, 2012 8:04 am

Transcript

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

NPR's business news starts with a warning about LIBOR.

It came years ago. We now know that Treasury Secretary Tim Geithner pointed out problems with the way that London's key interest rates were set. He did this in 2008, in the midst of the financial crisis at the time he was head of the New York Federal Reserve.

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Asia
3:00 am
Fri July 13, 2012

China's Economy Slows To 3-Year Low

Originally published on Fri July 13, 2012 8:04 am

Transcript

RENEE MONTAGNE, HOST:

This is MORNING EDITION from NPR News. I'm Renée Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. Good morning. China's economic growth has slowed down to a three-year low. That's according to new figures released today. The numbers matter to us because of the way the world economy is so interconnected. Americans import a lot from China, sure, but have also been working to boost exports to other nations, including China.

NPR's Louisa Lim joins us from Beijing to make sense of the latest news. Hi, Louisa.

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Business
2:09 am
Fri July 13, 2012

JPMorgan To Reveal Earnings, Trading Losses

Originally published on Thu August 30, 2012 11:26 am

Transcript

RENEE MONTAGNE, HOST:

And the biggest bank in the U.S., JPMorgan Chase, says it has lost $4.4 billion from its failed hedging strategy involving a secretive trader. That's more than twice the bank's earlier estimate. The company released its second-quarter earnings report this morning, and NPR's Jim Zarroli is with us now to talk about them. Jim, what is the company telling investors this morning about that money?

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Business
2:09 am
Fri July 13, 2012

Team USA Predicted To Take The Most Medals

Originally published on Fri July 13, 2012 8:04 am

Transcript

STEVE INSKEEP, HOST:

Some future news now. The Olympics begin two weeks from today in London, and we can already tell you the likely big winners. China will take the most gold medals, followed by the U.S. and host country, Great Britain. Team USA will win the most overall medals, followed by China and Russia.

RENEE MONTAGNE, HOST:

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Business
2:09 am
Fri July 13, 2012

Uzbekistan Sets Up Rival To Facebook

Originally published on Fri July 13, 2012 8:04 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business comes from the Central Asian country of Uzbekistan, which by the way, won six medals in the last Olympics. But today's last word is about another kind of competition, this one between social networking sites. And the word is: YouFace. That's the name of a new social networking site that aims to lure local Internet users away from Facebook, and, quote, "boost patriotism among young people in Uzbekistan."

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Africa
2:09 am
Fri July 13, 2012

Al-Qaida-Linked Group Infiltrates Timbuktu

Originally published on Fri July 13, 2012 8:04 am

The ancient desert town of Timbuktu is under assault in the west African nation of Mali. Islamist forces have taken over much of northern Mali where Timbuktu is located. One group, allied with al-Qaida, has begun systematically destroying Shrines that celebrate ancient Muslim saints. Human Rights Watch Senior Researcher Corinne Dufka talks to Renee Montagne about the destruction.

StoryCorps
12:22 am
Fri July 13, 2012

A Small Town's Post Office, And Its 'Squire'

Freddie Wood stands at the counter of the Wood & Swink general store in Evinston, Fla.
StoryCorps

Originally published on Tue July 17, 2012 7:17 am

This month, the U.S. Postal Service begins cutting back hours and services at rural post offices across the country. One store facing changes sits inside the Wood & Swink general store in the northern Florida town of Evinston. The store has been in Freddie Wood's family for more than 100 years. In that time, it's gone through only small changes.

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Humans
12:20 am
Fri July 13, 2012

In Ancient Ore. Dump, Clues To The First Americans?

Displayed in the hand of University of Oregon archaeologist Dennis Jenkins are three bases for western stemmed projectiles from the Paisley Caves in Oregon. The bases date to some 13,000 years ago.
Jim Barlow Science/AAAS

Originally published on Tue July 17, 2012 7:16 am

Some of the most interesting discoveries in archaeology come from sifting through ancient garbage dumps. Scientists working in Oregon have found one that has yielded what they say are the oldest human remains in the Americas and a puzzle about the earliest American tools.

Early Americans used Oregon's Paisley Caves for, among other things, a toilet. Little did they know that scientists would be picking through what they left behind.

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Crisis In The Housing Market
12:20 am
Fri July 13, 2012

County Considers Eminent Domain As Foreclosure Fix

Half of San Bernardino County's 300,000 mortgages are underwater. In an attempt to ease the mortgage crisis, the Southern California county is considering taking control of some of those properties by eminent domain.
Robyn Beck AFP/Getty Images

Originally published on Fri July 13, 2012 8:04 am

County and city officials in San Bernardino, Calif., are considering a controversial plan: using the power of eminent domain to take over "underwater" mortgages, where the value of the home is worth less than the original loan. Taking on those properties, officials say, would allow the homeowners to refinance those troubled loans.

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Planet Money
12:19 am
Fri July 13, 2012

The European Central Bank's Guide to Influence

European Central Bank president Mario Draghi, left, speaks with Spanish Finance Minister Luis De Guindos on Monday. The ECB has increased its influence over European countries struggling with debt.
Georges Gobet AFP/Getty Images

Originally published on Fri July 13, 2012 3:08 pm

Europe is struggling, thanks to a relentless debt crisis. Compounding its problems: It is not one country, but 17.

Many observers agree that to solve their problems, those countries have to start looking a lot more like one country. And there is a force in Europe trying to make that happen: the European Central Bank. The weapon it has that everyone else lacks? Money.

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Presidential Race
12:17 am
Fri July 13, 2012

Why Would Romney Bury Treasure In Bermuda?

The Thistle House in Hamilton, Bermuda, is listed as the address of Mitt Romney's Bermuda corporation.
David Welna NPR

Originally published on Fri July 13, 2012 8:04 am

New questions about Mitt Romney's overseas investments have dogged the GOP presidential contender all week. Many arose from a report in the latest issue of Vanity Fair. It describes how the day before Romney was sworn in as governor of Massachusetts, he put a corporation he'd set up in Bermuda in a blind trust held by his wife, Ann. Romney insists he did nothing wrong.

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The Two-Way
4:29 pm
Thu July 12, 2012

Britain's National Archives Releases Documents Detailing Work Of 'UFO Desk'

This picture titled "UFO near helicopter" was released by the National Archives.
The National Archives, U.K.

Originally published on Thu July 12, 2012 5:42 pm

Britain's National Archives has released the ninth tranche of documents about the country's once secret "UFO desk."

According to The Guardian, the documents are the first to detail the inner workings of the team that operated under the country's Ministry of Defence.

The Guardian reports:

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The Two-Way
3:44 pm
Thu July 12, 2012

From Our Readers On Dylan's Electric Guitar: 'That Is Chutzpah'

We told readers not to "get excited" in our headline about PBS' History Detectives potentially misidentifying a guitar from Bob Dylan's first electric performance. Our commenters took our advice, but they certainly showed some ire that the guitar, famous or not, would not have been returned to the artist in the first place.

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It's All Politics
3:11 pm
Thu July 12, 2012

Between Touchdowns And Triple Jumps, Politicians Are Popping Up On Sports TV

Will these Green Bay fans be cheering as much as they did during the 2011 Super Bowl when their beloved Packer games are interrupted by local political ads this fall?
Matt Ludtke Getty Images

Originally published on Fri July 13, 2012 8:10 am

Along with the highlights, the trade rumors and news of misbehaving athletes, viewers of ESPN's SportsCenter are about to get a bigger dose of politics.

The sports giant says it will sell commercial time to candidates in local markets now instead of just nationally. Executives are selling it as a good fit for politicians.

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Election 2012
3:10 pm
Thu July 12, 2012

Arizona Tea Party Activists Say They're Back

Arizona businessman Wil Cardon attends a luncheon in Scottsdale. Cardon faces six-term Rep. Jeff Flake in the Republican primary race for U.S. Senate.
Andrea Hsu NPR

Originally published on Thu July 12, 2012 3:37 pm

Maricopa County, Ariz., where 3 out of 5 Republicans in the state live, has become a hotbed of Tea Party activism.

That's where the head of the Original North Phoenix Tea Party lives. His name is Wesley Harris, and he used to manufacture precision rifle barrels. These days, his son runs the business, while Harris spends most of his time as a full-time Tea Party activist.

Running Against Disenchantment

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The Two-Way
3:07 pm
Thu July 12, 2012

Opposition Forces Say At Least 100 Killed By Assad Regime In Syria

Al Arabiya is calling it another "massacre." Quoting the opposition, they report that "scores of dead bodies were scattered in houses and in farms in al-Tremsa, while more than 150 dead bodies have been piled up in the al-Tremsa mosque."

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Middle East
2:44 pm
Thu July 12, 2012

Report: Violence Against West Bank Palestinians Is Up

Jewish settlers in the West Bank throw stones during clashes with Palestinians near the city of Nablus on May 19. A new report says violence by settlers directed at West Bank Palestinians is up sharply over the past three years.
Jaafar Ashtiyeh AFP/Getty Images

Originally published on Sat July 14, 2012 5:47 am

Farming is the mainstay of the Palestinian communities around the West Bank village of Yanoun. Animals graze the land, and Palestinians make their living by harvesting citrus fruits and olives.

Last Saturday, Palestinians say, a group of Jewish settlers killed some of the sheep belonging to the Bani Jabr family. Palestinians say its part of a regular pattern of harassment in the area by settlers.

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Mom And Dad's Record Collection
2:17 pm
Thu July 12, 2012

Glen Hansard: Musical Comfort In A Troubled Home

Glen Hansard's latest album is Rhythm and Repose.
Conor Masterson

Originally published on Thu July 12, 2012 3:10 pm

All summer long, All Things Considered has been talking to politicians, musicians and others about one song they remember their parents listening to, and how it influenced them.

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Movie Reviews
2:03 pm
Thu July 12, 2012

Whatever The Country, No Such Thing As 'Easy Money'

Mrado (Dragomir Mrsic) is the enforcer for a Serbian drug cartel that controls business in Sweden, and one of three characters who clash in Easy Money.
Weinstein Company

Originally published on Wed July 18, 2012 6:57 am

Easy Money is a fine title for a film, but to truly savor the tang of this top-drawer Scandinavian thriller, try rolling its original Swedish title off your tongue. Say hello to Snabba Cash.

Director Daniel Espinosa starts his splendid crime story all in a rush, throwing us right into the middle of a trio of chaotic situations.

Introduced first is Jorge, a Chilean living in Sweden — in fact in a Swedish prison. Making his escape, Jorge promptly goes into hiding, as much from other local bad guys as from the police.

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Humans
1:58 pm
Thu July 12, 2012

How Stereotypes Can Drive Women To Quit Science

Ayodhya Ouditt NPR

Originally published on Thu July 12, 2012 5:29 pm

Walk into any tech company or university math department, and you'll likely see a gender disparity: Fewer women than men seem to go into fields involving science, engineering, technology and mathematics.

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