When Will Congress' Inaction Push U.S. Into Default?
By: John Ydstie
October 16, 2013
Determining the day on which the U.S. government might default is tricky. The Bipartisan Policy Center says the last eight days of October is a critical period because of all the payments due that week. The potential for a credit default is already causing problems for big financial firms that use U.S. Treasurys as collateral.
The Chesapeake Bay once supplied most of the nation's oysters, but overharvesting and disease nearly wiped them out. Now, major public-private efforts to re-establish the oyster as a quality local food product appear to be working. And chefs say the results are sweeter than oysters from other waters.
Central banks around the world have created games that explain the sometimes wonky world of international finance and economics. NPR's Scott Simon talks to Jason Karaian, of the online magazine Quartz, about this surprisingly crowded genre.
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