Europe
5:58 am
Wed December 12, 2012

Russia's Defense Shuffle May Tarnish Its Military

Originally published on Wed December 12, 2012 7:32 am

The Russian military is plagued by problems: A top heavy senior officer corps and a defense industry that churns out obsolete equipment, to name just two. Analysts in Russia say the U.S. should be worried about a weaker Russia, which may be becoming a front line in the battle against Islamist extremism.

Asia
5:58 am
Wed December 12, 2012

North Korea Launches Long-Range Rocket

Originally published on Wed December 12, 2012 6:45 am

Defying international warnings, North Korea successfully fired a long-range rocket on Wednesday. The launch was something of a surprise because Pyongyang had indicated technical problems might delay it.

Middle East
5:58 am
Wed December 12, 2012

Protests Against Egypt's Constitution Dwindle

Originally published on Wed December 12, 2012 6:24 am

Transcript

RENEE MONTAGNE, HOST:

Egypt's protest movement against the controversial draft constitution appears to be losing steam. The opposition had hoped to fill the streets last night with protestors, but calls to demonstrate only generated a lackluster turnout. Voting on the new constitution begins today for Egyptians living abroad. Voters in Egypt are expected to begin casting ballots on Saturday as President Mohammed Morsi plans. NPR's Soraya Sarhaddi Nelson has this report from Cairo.

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Business
5:58 am
Wed December 12, 2012

Federal Reserve Update

Originally published on Wed December 12, 2012 7:07 am

Federal Reserve officials were meeting this week to decide how much more credit to pump into the U.S. economy. To find out what they're likely to do — and why — Renee Montagne talks to David Wessel, economics editor of The Wall Street Journal.

Around the Nation
5:58 am
Wed December 12, 2012

Despite Protests, Michigan Passes Right-To-Work Bills

Originally published on Wed December 12, 2012 6:09 am

Michigan is now the nation's 24th right-to-work state, where unions cannot automatically collect dues or fees from workers. The governor signed the law just hours after it was approved by the state's legislature in a day marked by protests.

Business
5:58 am
Wed December 12, 2012

The Last Word In Business

Originally published on Wed December 12, 2012 7:42 am

Dave Sobelman was looking for publicity for his pub in Milwaukee. He announced a new drink. It's a Bloody Mary with celery, pickled asparagus, picked onions, shrimp, a chunk of cheese, a piece of Polish sausage and a cheeseburger slider. It sells for $9. It also comes with a chaser of beer.

Business
5:58 am
Wed December 12, 2012

Business News

Originally published on Wed December 12, 2012 7:36 am

Greece's government says it will buy back nearly 32 billion euros of its bonds — that means the country would be erasing nearly $40 billion worth of debt. The country's private-sector creditor agreed to sell off the bonds, though at sharply discounted prices. Getting rid of this chunk of debt should allow Greece to get more money from the International Monetary Fund.

Around the Nation
5:58 am
Wed December 12, 2012

Commission Probes N.Y. Power Loss After Hurricane Sandy

Originally published on Wed December 12, 2012 7:01 am

New York Governor Andrew Cuomo promised to hold the Long Island Power Authority accountable for its performance after Superstorm Sandy. He appointed a special commission to look at how the utility performed. The commission had a meeting Tuesday night on Long Island, where thousands lost power, in some cases for weeks.

Business
5:58 am
Wed December 12, 2012

Tax Deductions And The Fiscal Cliff

Originally published on Wed December 12, 2012 7:20 am

Morning Edition continues with the latest installment of its series: The Twelve Days of Deductions. It's a nod to the many deductions, credits and other tax breaks that political leaders are weighing as they continue their negotiations to avoid the "fiscal cliff."

Business
5:58 am
Wed December 12, 2012

Do Unions Still Have Clout In Michigan?

Originally published on Wed December 12, 2012 7:27 am

Transcript

RENEE MONTAGNE, HOST:

The contentious fight over labor rights has been unfolding throughout the Midwest in the last couple of years. Michigan is only the latest example.

NPR's national political correspondent Don Gonyea joins us now to explore the broader impact of all this. Good morning, Don.

DON GONYEA, BYLINE: Good morning.

MONTAGNE: So how is what has happened in Michigan different from what we've seen over the past couple of years in Wisconsin and Ohio, where Republican governors also took on labor unions?

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