Europe's Central Bank Maneuvers Crisis Intervention
By: John Ydstie //
December 14, 2011
The European Central Bank has ruled out large scale bond purchases to save struggling countries from their mounting debts. But the ECB has said it will extend unlimited credit to European banks. Some observers say these low-interest bank loans could be a back door way to address the debt crisis. National banks would have a new source of cash to buy their home country's sovereign debt.
Dan Brown, author of the blockbuster The Da Vinci Code, is back with his first novel in four years. Inferno follows academic hero Robert Langdon on a chase through Italy as he attempts to avert a biological catastrophe.
Designer Katie Shelly's upcoming cookbook offers 50 illustrated recipe "blueprints" for basic meals — from simple snacks to more hefty dishes like eggplant Parmesan. She hopes they'll inspire any level of cook to improvise in the kitchen.
The bipartisan immigration overhaul proposed by the Senate's Gang of Eight has been the target of scores of amendments. So far, the bill has largely held its own, but its prospects for getting through Congress are uncertain.
When you give to WAMU, your tax-deductible membership gift helps make possible award-winning programs such as Morning Edition, All Things Considered, The Diane Rehm Show, The Kojo Nnamdi Show, and other favorites.