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4:00am

Tue August 7, 2012
Business

British Bank Accused Of Hiding Iranian Transactions

Originally published on Wed August 8, 2012 1:39 pm

Transcript

STEVE INSKEEP, HOST:

Financial regulators in New York said yesterday they may bar a British bank from doing business in the state. They said that because the bank allegedly laundered some $250 billion in Iranian money through its branch in Manhattan. The bank is Standard Chartered Bank. It does much of its business in Asia, Africa and the Middle East. But like any global bank, it wants to have a foothold in the U.S. markets, and that foothold is now in danger. For more, we turn to NPR's Jim Zarroli in New York.

Jim, Good morning.

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4:00am

Tue August 7, 2012
Law

Loughner's Attorneys Bargain To Save His Life

Originally published on Wed August 8, 2012 1:39 pm

Transcript

RENEE MONTAGNE, HOST:

In Arizona, the man accused of shooting Gabrielle Giffords at a gathering of her constituents in Tucson last year will be in court today. Jared Loughner allegedly killed six people in that attack and wounded 13 others. He was declared mentally unfit to stand trial, but now that may change. As NPR's Ted Robbins reports, Loughner's lawyers are expected to offer a deal to help him avoid the death penalty.

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3:03am

Tue August 7, 2012
Politics

Will Tea Party Star Marco Rubio Get GOP VP Nod?

Originally published on Wed August 8, 2012 1:39 pm

Sen. Marco Rubio, R-Fla., listens at left as Republican presidential candidate Mitt Romney speaks in Aston, Pa., in April. Republican leaders from Jeb Bush to John McCain have touted Rubio for vice president.
Jae C. Hong AP

Among the Tea Party successes in the 2010 congressional elections was U.S. Sen. Marco Rubio of Florida. He is now one of those on Republican presidential candidate Mitt Romney's short list of possible running mates.

For any political party, Rubio would be worthy of consideration for vice president or a higher office. He's smart, good-looking and charismatic. The Cuban-American is a plus for Republicans, a party that polls show has been losing ground with Hispanics.

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2:27am

Tue August 7, 2012
World

Growing Pains: Nations Balance Growth, Power Needs

Originally published on Wed August 8, 2012 1:39 pm

Muslim girls study by candlelight inside a religious school in Noida, near New Delhi, on July 31. The collapse of three regional power grids last week caused a massive power outage that blacked out more than half of India.
Parivatran Sharma Reuters /Landov

It may take some time to pinpoint the exact cause of India's massive blackouts last week, but the underlying issue for India and many other parts of the developing world is that supply is struggling to keep up with the growing demand for power — an imbalance that can affect the reliability of electric grids.

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2:26am

Tue August 7, 2012
Election 2012

Older, Tougher — But Will The Tea Party Be Stronger?

Originally published on Wed August 8, 2012 1:39 pm

Ted Cruz, Republican candidate for the U.S. Senate, speaks at a rally organized by the Tea Party Express in San Antonio in May.
Hernan Rozemberg AP

The 2010 elections were a coming of age for the Tea Party, with big gains in Congress and in statehouses. As 2012 approached, the movement was looking for similar success. Then came this year's GOP presidential primaries, with no surviving Tea Party favorite.

Polls showed public support for the movement falling off significantly after several nasty showdowns in Congress. But the Tea Party remains a force in many states. Its favored candidate for the U.S. Senate won big in Texas last week, sending the strongest signal yet that the movement will be a factor this fall.

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