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3:39am

Fri July 20, 2012
Economy

Tough Austerity Plan Incites Spanish Protesters

Originally published on Fri July 20, 2012 1:42 pm

Transcript

RENEE MONTAGNE, HOST:

In Spain, hundreds of thousands demonstrated in scores of cities yesterday, protesting austerity measures meant to pull the government out of the red. Sales tax is going up, and civil servants are taking pay cuts. All this as Europe readies a bailout of Spain of up to $125 billion.

Lauren Frayer reports from Madrid.

(SOUNDBITE OF CHANTING)

LAUREN FRAYER, BYLINE: About 100,000 Spaniards flooded Madrid's center once the sun went down on another 100-degree day.

(SOUNDBITE OF AIR CANNONS)

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2:44am

Fri July 20, 2012
Planet Money

Public Pensions Are About To Look Less Healthy

Originally published on Sat July 21, 2012 10:06 am

The health of public pension plans — the retirement plans for teachers, firefighters, police officers and other state and local governments — has gotten plenty of attention lately.

Some plans are hurting, and numbers from state and local governments suggest their public pension plans are underfunded by about $1 trillion.

But that gap between what they owe and what they have on hand today is about to look bigger — much bigger, in some cases.

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2:41am

Fri July 20, 2012
The Veepstakes

Jindal's Story Intrigues, But Can It Get Him A VP Nod?

Originally published on Fri July 20, 2012 1:42 pm

Louisiana Gov. Bobby Jindal speaks during the 2011 Republican Leadership Conference in New Orleans.
Justin Sullivan Getty Images

Mention Louisiana Gov. Bobby Jindal, and a lot of people still remember his 2009 Republican response to President Obama's first address to Congress. In a voice often compared to Kenneth the Page on 30 Rock, Jindal addressed viewers across the nation as if they were primary school students.

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2:40am

Fri July 20, 2012
U.S.

Rain Over Texas Quenches Dry Lone Star State

Originally published on Fri July 20, 2012 1:42 pm

Pedestrians stand along the River Walk in San Antonio, Texas, in May. The state has gotten a reprieve from more than a year of drought.
Eric Gay AP

While severe drought is taking hold in the Midwest, Texas is doing better. At this time last year, the state was on fire, crops were desiccated in the field and livestock were slowly starving. But recent rains have almost ended more than a year of record drought.

"If you look at the way we were thinking and feeling on the last July 16, that was desperation. That was despair," says Gene Hall, public relations director for the Texas Farm Bureau.

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2:35am

Fri July 20, 2012
London 2012: The Summer Olympics

Olympians' Dilemma: 'Starve My Soul' For Ramadan?

Originally published on Wed July 25, 2012 7:12 am

Mohammed Ahmed runs at the NCAA championships in June in Des Moines, Iowa. He's representing Canada at the Olympics and had to decide whether to fast for Ramadan this year.
Charlie Neibergall AP

Mazen Aziz, representing Egypt in the 2012 Summer Olympics, has trained for the 10,000-meter, open-water swim for years. It's a grueling race that can take upwards of 1 hour and 45 minutes, depending on the waves, current or water temperature.

But Aziz is Muslim, and with the Olympics falling during the Muslim holy month of Ramadan, the 22-year-old athlete had to make a choice: be in top physical condition or maintain a primary tenet of his faith.

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