4:51am

Mon June 11, 2012
The Two-Way

'Relief Rally' Weakens As Markets Study Spanish Deal

Originally published on Mon June 11, 2012 10:07 am

  • NPR's Philip Reeves, reporting on 'Morning Edition'

After rising sharply earlier today, European financial markets have come off their highs as investors "question the logistics of the $125 billion bailout of Spanish banks and wonder ... whether Monday's gains in financial markets were nothing but a relief rally," Dow Jones Newswires reports.

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4:27am

Mon June 11, 2012
The Two-Way

Commerce Secretary Cited For Hit-And-Run After Car Crashes

Originally published on Mon June 11, 2012 7:36 pm

Commerce Secretary John Bryson in March, during a visit to Mumbai, India.
Rajanish Kakade AP

Commerce Secretary John Bryson suffered an apparent "seizure" before a series of car crashes on Saturday in Los Angeles, a department spokesman says, according to an Associated Press "alert" issued just after 9:30 a.m. ET today.

As we reported earlier, Bryson was involved in three seemingly fender benders that did little damage and left those involved with only minor injuries — but led police to cite him for "felony hit-and-run."

Update at 10:26 p.m. ET. Bryson To Take Medical Leave:

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3:54am

Mon June 11, 2012
World

Syrian Rebels Bring Fight To Capital

Originally published on Tue June 12, 2012 8:11 am

A Syrian man carries a wounded girl next to Red Crescent ambulances following an explosion Friday reportedly targeting a military bus near Qudssaya, a neighborhood in Damascus.
AFP Getty Images

The fighting in Syria escalated again on Monday as the Syrian army pounded the central cities of Homs and Hama, two places that have been the scene of repeated clashes.

U.N. monitors confirmed mortar fire, heavy artillery and machine gun fire in the assaults. A live streaming video from Homs showed billowing smoke from explosions and the rattle of gunfire.

Activists in Homs say more than 50 people have died, and they called for immediate assistance for the scores of wounded who, they say, are being treated by paramedic and medial students.

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3:39am

Mon June 11, 2012
Around the Nation

A Comeback For Downtown Cleveland

Originally published on Tue June 12, 2012 8:11 am

Outdoor dining spaces are filled on a warm spring day on E. 4th Street in downtown Cleveland. Like many former industrial towns, downtown Cleveland has seen a revival in the last few years to become an urban hotspot.
Joshua Gunter The Plain Dealer

Almost 11 years ago, Phil Alexander opened his company, BrandMuscle, in the affluent Cleveland suburb of Beachwood.

The company sells marketing software to corporate clients worldwide, and its offices have a lean, energetic vibe, with 20-somethings tossing around ideas in multiscreened meeting rooms or a comfortable coffee bar.

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1:44am

Mon June 11, 2012
Revolutionary Road Trip

Looking To The Future, Libya Erases Part Of Its Past

Originally published on Tue June 12, 2012 8:11 am

A map of the oil pipelines at Al-Sidrah. The man pointing to the map is Abujala Zenati, who had retired as manager of the operation. He says he returned to work after the revolution to help support the new Libya.
John W. Poole NPR

NPR Morning Edition host Steve Inskeep is taking a Revolutionary Road Trip across North Africa to see how the countries that staged revolutions last year are remaking themselves. Steve and his team are traveling some 2,000 miles from Tunisia's ancient city of Carthage, across the deserts of Libya and on to Egypt's megacity of Cairo. In his first story from Libya, he looks at what has changed in a country that was dominated for decades by one man.

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1:42am

Mon June 11, 2012
Middle East

Court's Ruling May Force Africans To Leave Israel

Originally published on Sun June 17, 2012 6:00 am

African migrants line up to receive a free hot meal provided by a group of Israelis called Soup Levinsky in Levinsky Park in Tel Aviv on Sunday. A court in Jerusalem ruled that Israel could deport South Sudanese nationals back to their home country.
JIim Hollander EPA/Landov

An Israeli court last week upheld a government plan to deport all South Sudanese residents now living in the country, a move that comes amid a wider government crackdown on the 60,000 African nationals who've entered Israel illegally over the past few years.

Human rights groups have objected to Israel's handling of the Africans, saying the government does not do enough to differentiate between economic migrants and genuine asylum-seekers.

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1:39am

Mon June 11, 2012
Planet Money

Three Ways To Stop A Bank Run

Originally published on Tue June 12, 2012 8:11 am

This is what you don't want.
AFP AFP/Getty Images

There's a slow-motion bank run happening in Europe, as depositors move their money from financially troubled countries like Greece and Spain to stronger countries like Germany.

Banks take depositors' money and lend it out. So even a strong bank is in trouble if all the depositors suddenly decide to pull their money out. A full-blown run can sink a bank in an afternoon.

Once a run starts, there are basically three ways to stop it.

1. Slow it down

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1:37am

Mon June 11, 2012
Asia

In India, A Different Kind Of Austerity

Originally published on Tue June 12, 2012 4:44 pm

Facing economic woes, India is looking to trim spending - but cutting government services is extremely unpopular. Instead, politicians are targeting foreign travel and meetings at lavish hotels like the Oberoi in Mumbai.
Sajjad Hussain AFP/Getty Images

In Europe, the concept of austerity has meant deep, painful cuts to government spending. In India, however, austerity looks a little different.

India's government has started by reeling in departmental spending on things like hotel space and foreign travel. It may seem like window dressing, but it can be difficult to make deep spending cuts in that country. Many voters see government largesse as a right and usually applaud pork-barrel spending.

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1:36am

Mon June 11, 2012
Monkey See

Picturing Tunisia: A Favorite Hollywood Location Through A Different Lens

Originally published on Mon June 11, 2012 3:48 am

A scene from the Kairouan medina - where some of the street scenes from Indiana Jones and the Raiders of the Lost Ark were filmed.
John W. Poole NPR

Here's a movie scene burned into my brain: Harrison Ford, playing Indiana Jones, is on a chase through the streets of Cairo. It's in the original movie Raiders of the Lost Ark, which I saw as a kid. Today I couldn't tell you who was chasing whom or why, but I remember the climax. Jones is pushing through a mass of people when the crowd abruptly parts. He's confronted by a swordsman, who flips his giant scimitar around both artfully and menacingly.

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1:34am

Mon June 11, 2012
Judging The Health Care Law

Health Care Decision Hinges On A Crucial Clause

Originally published on Tue June 12, 2012 8:12 am

For more than 200 years, the Supreme Court has interpreted the meaning of the Commerce Clause of the Constitution. Its latest test is the case challenging the Obama health care law.
Mark Wilson Getty Images

All of Washington is breathlessly awaiting the Supreme Court's imminent decision on the Obama health care overhaul. Rumors circulate almost daily that the decision is ready for release. As usual, those rumors are perpetrated by people who know nothing, but the decision is expected by the end of this month.

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