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.
Originally published on Wed December 12, 2012 6:24 am
Egypt's protest movement against the controversial draft constitution appears to be losing steam after a lackluster turnout Tuesday night. Opposition leaders had called for mass demonstrations, and they're scrambling to decide whether to boycott Saturday's referendum on the constitution.
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.
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.
Originally published on Wed December 12, 2012 6:55 am
President Obama said the U.S. will recognize a newly formed Syrian opposition group as the country's legitimate representative. That will allow the group to channel international aid money into Syria as well as draw-up plans for a transitional government if the regime of Syrian President Assad falls.
Superstorm Sandy caused massive beach erosion and damage to the Jersey shore. Some people say the beach restoration work, which will largely be paid for with federal tax dollars, will mostly help to protect expensive homes for the wealthy — people who have free access to the beach — while most communities would still be charging fees for public access.
At an oceanfront park in Long Branch, N.J., Tim Dillingham looks out over the beach in awe of how much the pounding waves and high waters of Hurricane Sandy have changed the Jersey shore.
Dillingham is the executive director of the American Littoral Society, a coastal conservation group. Before the storm, he says, the U.S. Army Corps of Engineers spent years building up the beaches by pumping sand onto them.
But that shouldn't be a solution to restoring the shore, he says.
Among the loose ends that lawmakers would like to tie up before the end of this lame-duck session is the farm bill, which is made up mostly of crop subsidies and food stamps.
The last farm bill expired in September. The Senate has passed a new one; the House has not. Farm-state lawmakers are urging leaders to include a farm bill as part of any budget deal to avert year-end tax increases and spending cuts.
Sen. Tom Harkin, D-Iowa, speaks Tuesday as Rep. Elijah Cummings, D-Md., Sen. Sheldon Whitehouse, D-R.I., Sen. Al Franken, D-Minn., and Sen. Ben Cardin, D-Md., listen during a news conference on Capitol Hill calling for no reduction in the Medicare and Medicaid budgets as part of the year-end budget talks.
Originally published on Wed December 12, 2012 8:15 am
At least in public, Republicans have been clear that they see the current budget negotiations as a chance to address what they see as the source of Washington's deficit problem: major entitlement programs.
Beers made by Trappist monks at St. Sixtus Abbey's Westvleteren Brewery in Belgium are sought by connoisseurs. For the first time, the monks are exporting the beer overseas, including to the U.S.
Credit Teri Schultz / NPR
The Trappist monks who brew Westvleteren beer are exporting only enough of it to raise money to make renovations to their abbey in western Belgium.
The 12th day of the 12th month of 2012 is not a day of deliverance but of delivery for devout American fans of Westvleteren 12, brewed by the reclusive Belgian monks at St. Sixtus Abbey.
Oprah Winfrey became a publishing powerhouse when she started her book club in 1996. Her picks went to the top of best-seller lists — and stayed there for weeks. But when Winfrey's daily talkfest went off the air, the book club ended as well.
Now she is reviving it: Winfrey has just announced her second pick for the Book Club 2.0: The Twelve Tribes of Hattie, a novel by first-time author Ayana Mathis about the Great Migration of African-Americans out of the rural South.