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Monday, November 24, 2008

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National Public Radio Stories

  • U.S. Invests $20 Billion In Ailing Citigroup
    The government is taking bold steps to rescue troubled Citigroup. The plan unveiled late Sunday night includes taking a $20 billion stake in the firm whose stock has been hurt by worries about its financial health. The cash infusion follows an earlier $25 billion that the government gave Citigroup.
  • Currency Traders Spy Opportunity In Crazy Times
    Currency traders buy and sell everything from U.S. dollars to pesos, yen and euros. They profit by betting correctly that a currency might move up or down a fraction of a percent. The financial turmoil of the past two months has turned their world upside down.
  • Junot Diaz On 'Becoming American'
    After the author came to the United States from the Dominican Republic, he says, he became obsessed with his home country. Diaz eventually adjusted and learned about the new culture by reading. Books, he says, gave him a road map.
  • Many Americans With HIV Don't Know They Have It
    The Centers for Disease Control and Prevention estimates that more than 20 percent of people in the U.S. who are infected with HIV aren't aware they have it. The CDC would like to see routine HIV tests done unless a patient refuses.
  • Venezuelan President's Allies Win Majority
    In Venezuela, President Hugo Chavez's allies have won a majority in state elections. But the opposition has made important gains as well, winning two of the most populous states and the mayor's post in Caracas. The unanswered question is whether Chavez has the political leverage to extend his term beyond 2013.
  • U.S. Forces In Iraq Release Iranian Suspect
    Iraqi officials announced the release over the weekend of an Iranian man who was arrested by U.S. forces. The U.S. military had accused the suspect of being an Iranian intelligence agent smuggling weapons into Iraq.
  • Author Comes Face To Face With Pirates
    In 1992, John Burnett was sailing alone across the South China Sea toward Singapore when his boat was taken over by pirates. Burnett, the author of Dangerous Waters: Modern Piracy and Terror on the High Seas, says that experience led him to study modern piracy.
  • Government Injects $20 Billion Into Citigroup
    The government announced Sunday night that it is stepping in to rescue Citigroup, which federal regulators say is too big to fail. Shares of the bank lost more than half its value last week and finished at less than $4 a share. Investors questioned the soundness of the bank, and by Friday night, Citigroup executives had turned to the government.
  • Credit Scores Even More Key In A Tight Economy
    Lenders are tightening their standards for new loans and credit cards, and they're paying close attention to an applicant's credit score. That score, called a FICO score, often determines whether the applicant will get credit and at what interest rate.
  • Lobster: The New Thanksgiving Turkey?
    Each year around this time, lobstermen and state officials in Maine remind Americans that they have an alternative to turkey. Lobster prices are, by one estimate, at their lowest level in eight years, and the industry's in trouble. Eating lobster this Thursday is good for the economy — and historically accurate. Records show lobsters were eaten during the first Thanksgiving Day feast.

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