Jim Zarroli http://redriverradio.org en With Default 23 Days Away, A Little Clause Could Cost Argentina Big http://redriverradio.org/post/default-23-days-away-little-clause-could-cost-argentina-big After missing a June 30 deadline, Argentina has a 30-day grace period to pay investors $539 million in interest. Otherwise, the country will default on its debts. Argentinian officials argue they can't make the payment without triggering other debt payments that would bankrupt the country. Tue, 08 Jul 2014 20:13:00 +0000 Jim Zarroli 46898 at http://redriverradio.org Report Shows 288,000 New Jobs In June http://redriverradio.org/post/report-shows-288000-new-jobs-june Transcript <p>RENEE MONTAGNE, HOST: <p>This is MORNING EDITION from NPR News. I'm Renee Montagne.<p>DAVID GREENE, HOST: <p>And I'm David Greene. Good morning. We begin this hour with more positive signs about the nation's economy. The Labor Department this morning said the U.S. unemployment rate fell to its lowest level in nearly six years last month, and employers added some 288,000 jobs to their payrolls. Here's NPR's Jim Zarroli.<p>JIM ZARROLI, BYLINE: The job growth was spread across the economy in business services, retail trade, manufacturing and even government hiring. Thu, 03 Jul 2014 15:14:00 +0000 Jim Zarroli 46676 at http://redriverradio.org French Bank To Pay $8.83 Billion In Sanctions Probe http://redriverradio.org/post/french-bank-pay-883-billion-sanctions-probe Transcript <p>RENEE MONTAGNE, HOST: <p>This morning, top executives at France's largest bank, BNP Paribas, reassured investors that they have enough cash to pay a $9 billion penalty to the U.S. government. Late yesterday, the bank agreed to plead guilty to violating U.S. sanctions laws and accepted that $9 billion fine. It's the largest penalty ever imposed by the U.S. government for sanctions violations. The bank admitted it helped clients in Sudan and other countries evade U.S. trade embargoes through its New York office. And the U.S. Tue, 01 Jul 2014 09:21:00 +0000 Jim Zarroli 46550 at http://redriverradio.org BNP Paribas Agrees To Nearly $9 Billion Fine And Admission Of Guilt http://redriverradio.org/post/bnp-paribas-agrees-9-billion-fine-and-admission-guilt Transcript <p>MELISSA BLOCK, HOST: <p>Banking giant BNP Paribas has agreed to pay American regulators nearly $9 billion dollars to settle charges of economic sanctions violations. It's the largest such fine ever imposed by the U.S. The bank will plead guilty to two criminal charges. It was accused of helping clients in Sudan, Cuba and Iran conduct business in the United States. NPR's Jim Zarroli reports.<p>JIM ZARROLI, BYLINE: The charges were brought after a lengthy investigation that involved the Justice Department, the Federal Reserve and banking regulators in New York state. Mon, 30 Jun 2014 22:20:00 +0000 Jim Zarroli 46540 at http://redriverradio.org Absentee Ballots To Decide Whether Rep. Rangel Gets A 23rd Term http://redriverradio.org/post/absentee-ballots-decide-whether-rep-rangel-gets-23rd-term Even though votes are still being counted, Rep. Charles Rangel has declared victory in his race against Adriano Espaillat. It could be more than a week before the results are available. Thu, 26 Jun 2014 09:19:00 +0000 Jim Zarroli 46324 at http://redriverradio.org