4:10am

Wed June 6, 2012
Economy

European Debt Woes Cast Pall Over U.S. Economy

Originally published on Thu June 14, 2012 11:07 am

Transcript

DAVID GREENE, HOST:

And let's turn to the issue that is front and center this election year - the economy. Austerity measures aimed at curing Europe's debt crisis have thrown a number of eurozone countries into recession. The threat of defaults in Greece and even larger countries like Spain have rattled U.S. financial markets, and President Obama recently said that Europe's troubles are casting a shadow over the U.S. economy.

To better understand what the president is talking about, we brought in NPR economics correspondent John Ydstie.

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4:03am

Wed June 6, 2012
The Salt

Road Brew: How To Make Hooch With Tunisian Date Juice (Or Try)

Originally published on Wed June 6, 2012 5:26 am

Filling up on legmi by the side of the road
John Poole NPR

Over the next couple of weeks, 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.

Inskeep 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.

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4:01am

Wed June 6, 2012
Around the Nation

Gov. Walker Survives Recall, Vows To Unite Wisconsin

Originally published on Thu June 14, 2012 11:07 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

Wisconsin's combative Governor Scott Walker has survived an attempt to remove him from office. Labor unions, angry over the Republican governor's successful push to strip them of most collective bargaining rights, had battled Scott Walker and hoped Wisconsin voters would oust him.

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3:29am

Wed June 6, 2012
Europe

Baltic States Embrace Eurozone

Originally published on Thu June 14, 2012 11:07 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION, from NPR News. Good morning. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

Here a couple of the more alarming warnings coming out of the eurozone this week. Greece says it could go broke by July. Spain says it probably can't raise money from investors because they're demanding interest rates that are too high.

Despite all these troubles, one country is still eager to join the eurozone: Latvia. In fact, all three Baltic States remain supportive of the euro.

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3:29am

Wed June 6, 2012
Business

The Last Word In Business

Originally published on Thu June 14, 2012 11:07 am

Transcript

RENEE MONTAGNE, HOST:

And our last word in business this morning is: litigious days.

(SOUNDBITE OF "HAPPY DAYS" THEME SONG)

MONTAGNE: That, of course, is the theme from "Happy Days," the hit sitcom from the 1970s and '80s. These days, not everyone is so happy. Several cast members from the show are battling with CBS and Paramount, for unpaid royalties.

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3:29am

Wed June 6, 2012
Business

States End Extended Benefits Despite Dismal Economic Outlook

Originally published on Thu June 14, 2012 11:07 am

Transcript

DAVID GREENE, HOST:

So far this year, 25 states have ended the Extended Benefits program. That program made sure people out of work for long periods of time continued receiving financial assistance. But there was a catch: if a state's unemployment rate improved, the money would stop flowing. The fact that some states are seeing lower unemployment may seem like a good sign for the economy. It's no comfort to the people who are still out of work.

Susie An from WBEZ in Chicago has that story.

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1:57am

Wed June 6, 2012
Sweetness And Light

Please Sir, I'd Rather Have Another

Originally published on Thu June 14, 2012 11:07 am

Triple Crown hopefull I'll Have Another is ridden by exercise rider Jonny Garcia during a morning workout at Belmont Park in Elmont, N.Y.
Al Bello Getty Images

To be perverse, I'd suggest that for the horse-racing industry, it'd be best that I'll Have Another does not — yes, does not — win the Triple Crown this Saturday.

Oh, certainly, absolutely every year you want a horse to win the first two races — the Kentucky Derby and the Preakness — so that suspense builds and a horse has a chance to win the Belmont and take the Triple Crown. But isn't it better to have the potential winner barely get beat so that the losing streak continues, building interest?

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1:56am

Wed June 6, 2012
Planet Money

Why Does The Mortgage-Interest Tax Deduction Still Exist?

Originally published on Thu June 14, 2012 11:07 am

Alex Brandon AP

This is the latest story in our series on money in politics.

If you have a mortgage on your home, you can deduct the interest from your taxes. It's a popular, well-entrenched policy. But according to one policy adviser to a U.S. senator, "the mortgage-interest deduction, from a purely policy perspective ... makes no sense."

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1:55am

Wed June 6, 2012
Europe

A Party On The Rise, Germany's Pirates Come Ashore

Originally published on Thu June 14, 2012 11:07 am

A member of the German Pirate Party, with its logo shaved in his hair, attends the party's two-day conference in Neumuenster, Germany, on April 28.
AFP AFP/Getty Images

They don't have a plan to save the euro or draw down the war in Afghanistan, nor do they have clear policies on an array of issues, but the German Pirate Party is winning converts and elections with its vision of digital democracy through "liquid feedback."

Despite public relations mishaps and a haphazard organizational structure, the Pirate Party is shaking up the stolid, bureaucratic world of German politics and jolting rival parties with its rising popularity.

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1:55am

Wed June 6, 2012
Latin America

Female Presidential Candidate Blazes Trail In Mexico

Originally published on Thu June 14, 2012 11:07 am

Josefina Vazquez Mota, presidential candidate from the ruling National Action Party, or PAN, delivers a speech during an electoral rally in Jocotepec, in the state of Jalisco, in May.
AFP/Getty Images/PAN Press Office

When Mexicans go to the polls on July 1 to choose their next president, a woman will be among the candidates, the first from a major political party. She belongs to the National Action Party — or PAN — the party of current President Felipe Calderon.

On a recent visit to the Mexican border city of Juarez, Josefina Vazquez Mota steps onto a catwalk that juts into the center of a long banquet hall crammed with table after table of women. When she speaks, they cheer.

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