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Morning Edition
Tuesday, October 7, 2008

Minnesota Public Radio Stories

National Public Radio Stories

  • Europe Not United Over How To Resolve Crisis
    European governments are scrambling to shore up their banks. The governments promised to work together to solve the financial crisis, but so far, they have acted separately. Philip Coggan, capital markets editor for The Economist, talks with Ari Shapiro about the steps European officials are taking to reassure investors, and whether those steps are working.
  • Bank Of America To Modify Countrywide Loans
    In the boldest step yet by any bank to address the ongoing foreclosure crisis, Bank of America, which now owns mortgage giant Countrywide Financial, has settled with state prosecutors who sued Countrywide for predatory lending. Bank of America agreed to make loans more affordable for about 400,000 homeowners.
  • New Army Field Manual Is Road Map To Stabilization
    The Army has a new operations manual that emphasizes nation-building over conventional warfare. The Stability Operations Field Manual was put together at Fort Leavenworth, Kan., the home of the U.S. Army Combined Arms Center. The new doctrine will drive Army resources, organization and training for many years to come.
  • Afghan Amputees Avoid Begging With Bike Service
    Most of the tens of thousands of people in Afghanistan who have lost legs to land mines have no way to make a living other than begging. But one group has come up with another way to feed its families: It operates a bicycle messenger service in Kabul.
  • Old Visitor Center Is New Battle Of Gettysburg
    The 1864 cyclorama painting, "The Battle of Gettysburg," is on display in a new visitors center. The National Park Service wants to demolish the old building, but it was designed by Richard Neutra, one of the most important figures of modern architecture. Neutra's son has filed a lawsuit to force the Park Service to reconsider its decision.
  • McCain: Obama Leaves Unanswered Questions
    The Democrat and Republican presidential hopefuls debate Tuesday in Nashville, Tenn. On Monday, Republican John McCain campaigned in New Mexico, arguing that Barack Obama is inexperienced and raising questions about Obama's past relationships.
  • Obama: Congress Should Help More Families
    Democratic presidential nominee Barack Obama campaigned Monday in North Carolina, where he told supporters that Congress should pass an economic stimulus package to help American families. He also said John McCain lacks the understanding necessary to fix the troubled economy.
  • Candidates Mine For Rural Votes In Nevada
    Nevada is one of several states still up for grabs. Republican voters in the state's rural counties are enthusiastic about Republican presidential nominee John McCain. But Democrat-run voter registration drives are gaining ground in urban areas like Las Vegas. Neither campaign is taking the state for granted.
  • Overseas Markets Still Fearful
    The panic in U.S. financial markets continues to spread overseas. The Dow plunged Monday to below 10,000, rattling some markets in Asia and Europe. In response, Australia's central bank cut interest rates by the largest amount since 1992. That boosted some markets in the region. But Japan's Nikkei index still ended at a five-year low. Europe's most vulnerable country, Iceland, has instituted sweeping controls over its banks, and the prime minister warned that his country faces national bankruptcy.
  • European Ministers Plot Cure For Financial Crisis
    Finance ministers from the 27 European Union countries meet in Luxembourg on Tuesday to consider what, if anything, their governments can do together to stop the spreading financial crisis. Individual European governments disagree about what should be done.

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