Originally published on Mon June 17, 2013 10:13 am
If economists were cheerleaders, their favorite shout-out might be: "What do we want? Growth! When do we want it? Now!"
They won't actually shout those words, but they may be thinking them as global leaders meet this week for a G-8 summit. Economists are hoping that at the gathering in Northern Ireland, leaders of eight major economies will discuss expanding global trade and investment to spur job creation.
With a 114-104 victory against the Miami Heat last night in San Antonio, the Spurs are just one win away from their fifth NBA title.
NPR's Tom Goldman filed this report for our Newscast unit:
"Manu Ginobili's NBA Finals slump is over and at the best possible time for his team. The Spurs' All-Star shooting guard scored a season-high 24 points and had 10 assists to help lead San Antonio to the brink of another championship.
The Edward Snowden saga continues: Last night, citing classified documents leaked by the former Booz Allen Hamilton employee, The Guardian newspaper reported that the United States and the United Kingdom spied on their allies during the 2009 G-20 global summit meetings in England.
Good morning. I'm David Greene. Mayoral races across Mexico are turning into a zoo. In Xalapa, a cat named Morris is running with the campaign slogan: Tired of voting for rats? Vote for a cat. Candidates in other cities include Chon the Donkey and Tina the Chicken. Now, Morris the cat is in the lead - at least on social media.
He has 115,000 likes on Facebook, more than any of the five human candidates. And to think if he loses, that cat has eight more chances. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
And let's stay in this part of the world. Over the weekend, Iran overwhelmingly elected a new president, a man seen by many as a reformer. More than half the voters in that country opted for this change.
The relatively moderate cleric, Hassan Rouhani, replaces Mahmoud Ahmadinejad, who's been in power since 2005. Rouhani campaigned on a message of ending Iran's international isolation.
For reaction from Tehran, we're joined by The New York Times bureau chief there, Thomas Erdbrink.
NPR's business news starts with an acquisition for Lowe's.
(SOUNDBITE OF MUSIC)
GREENE: The home-improvement retailer Lowe's has reportedly agreed to buy Orchard Supply Hardware Stores. The sale price is expected to top $200 million. Now, Orchard is a California-based hardware and garden chain. It was once owned by Sears, and it's now about $230 million in debt.
When New England Patriots' owner Robert Kraft met with then-Russian President Vladmir Putin in 2005, he showed off his Super Bowl ring. Kraft told a crowd last week Putin put the ring on, and said, "I can kill someone with this ring." He then put it in his pocket, and walked away. The Kremlin says the ring was a gift.
Syria's Arab neighbors are increasingly being drawn into that country's conflict. Over the weekend, the Egyptian president cut all diplomatic ties with Syria and called for a no-fly zone to protect rebels there.
In Jordan - right next door to Syria - King Abdullah told graduates at the country's military academy that he would defend against any spillover from the fighting. That followed a Pentagon decision to base Patriot missiles and a squadron of F-16 fighter planes in the country.
The U.S. Open concluded yesterday at the Merion Golf Club, just outside Philadelphia. And for American Phil Mickelson, this was another case of always the bridesmaid, never the bride. Mickelson finished as runner-up at the Open for a record sixth time, despite leading for most of the tournament. In the end, it was England's Justin Rose who took the prize, winning his first major tournament.
And for a recap of all the drama, we reached USA Today sports columnist Christine Brennan, who covered all the action. Hey, Christine.
More than 40,000 scientists in Spain have signed a petition calling on the government to end cuts to their budget. They're blaming austerity for an exodus of the country's best and brightest researchers.
Lauren Frayer has more from Madrid.
UNIDENTIFIED GROUP: (Spanish spoken)
LAUREN FRAYER, BYLINE: Hundreds of lab-coated scientists delivered their petition to Spain's Economy Ministry. They marched there last week because the Science Ministry, itself, was closed in budget cuts.
Boring TV is such a hit in the Scandinavian nation of Norway that broadcasters are scrambling to produce even more shows to satisfy the appetites of viewers. One idea being considered is a live show with knitting experts, according to The Wall Street Journal.
OK, Scott just made clear economic issues have some competition for top billing at the G 8 Summit in Northern Ireland. We do, though, want to drill down into one economic question this morning, and that's why interest rates here at home are going up. The bond market has pushed them to the highest levels in 15 months, and that includes mortgage rates.
Let's turn, as we often do, to David Wessel. He's economics editor of The Wall Street Journal. David, good morning.
Call it the Affordable Care Act, call it Obamacare, call it whatever you want â€” it's coming. And soon. In less than four months people without health insurance will be able to start signing up for coverage that begins Jan. 1.
A lot has been said about the law, most of it not that understandable. So starting now, and continuing occasionally through the summer and fall, we're going to try to fix that.
At 41, with long black hair, Stuart Neville looks more like the rock guitarist he used to be than the author he is now. He lives in a small town with his family â€” not in Belfast, Northern Ireland, the city that plays a central role in his thrillers, but just outside it.
Landing a job at a summer camp or at an amusement park is a rite of passage for many young Americans. Those jobs also appeal to foreigners participating in a cultural exchange using J-1 visas. But with U.S. youth unemployment at 25 percent, Congress is now taking a close look at the J-1 visa exchange program.
A little more than a year ago, Wisconsin Republican Gov. Scott Walker survived a recall election after an epic battle with unions that gave him folk-hero status with many conservatives. Some political observers now consider him a presidential contender.
But Walker is downplaying that talk, even as he takes steps that hint at national ambition.
Long before became known as Will Schuester â€” the lovable Spanish teacher and show choir director on TV's Glee â€” Matthew Morrison was dancing and singing, garnering Tony nods for his work on the Broadway stage.
Through it all, there was one song he always kept at the ready: "On the Street Where You Live" from My Fair Lady.
For the better part of the past century, Dr. T. Berry Brazelton has studied babies, helping change the way we think about and care for them â€” right from the time they take their first breaths.
The renowned pediatrician hosted the long-running TV show What Every Baby Knows, and has written more than 30 books about child development. Hospitals worldwide rely on his newborn assessment known as the Brazelton scale.
Calling it an era of wisdom and moderation, Iran's new president, Hasan Rowhani, vowed to integrate the country back into the international community and asked Western nations to adopt a more "respectful rhetoric" toward Iran.
His triumph Saturday with 18 million votes, slightly over half of the cast ballots, surprised many Iranians who had suspected that the leadership would repeat the controversial elections of 2009 that led to the re-election of Mahmoud Ahmadinejad. By accepting Rowhani's victory, the regime may be taking a step to restore some of its lost legitimacy.
Turkish Prime Minister Recep Tayyip Erdogan on Sunday defended his order to forcibly evict thousands of anti-government protesters from Istanbul's Taksim Square, saying he had simply carried out his "duty" as the nation's leader.
In a speech to hundreds of thousands of supporters, Erdogan also railed against foreign media coverage and social media amid criticism of his government's handling of the protests, The Associated Press reports.
Originally published on Sun June 16, 2013 11:36 am
There is no more graphic example of the daunting challenges facing Pakistan's new prime minister, Nawaz Sharif, than the bloody events playing out in the west of his nation.
Just over a week after Sharif was sworn in for a third term, at least 24 people were killed in a day of violence that underscored the threat presented by violent militancy to the fabric of the Pakistani state.