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NPR

Initial Relief Over Spain's Bailout Fades To Worry

Financial markets did not show much enthusiasm for the European Union's plan to rescue Spanish banks. While stock markets across Europe managed to hang on to small gains, the interest rate Spain has to pay to borrow actually went up.
NPR

Why Is Poverty, Inequality Growing?

The number of people living in poverty is the highest it's been since the U.S. Census Bureau started tracking poverty estimates. Plus, the gap between those earning the most and the least continues to grow. Host Michel Martin discusses the current state of poverty and income inequality with two experts on the subject, Timothy Noah and Peter Edelman.
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Protesters Rally Against Pepco Rate Hikes

Protesters are taking one last stand against proposed Pepco rate hikes in downtown D.C. today with a mock funeral outside the Public Service Commission's offices. 

NPR

'Relief Rally' Fades As Markets Study Spanish Deal

Financial markets have been on the rise in Europe and futures point to a good day on Wall Street. But some of the early gains have evaporated as traders look more closely at the package and look ahead to elections in Greece.
NPR

Spain Becomes 4th Eurozone Country To Get Bailout

Finance ministers over the weekend agreed to lend a hand to Spain — up to $125 billion, specifically — to save it from collapse. Before this move, there was widespread fear that Spain's banking crisis could have a devastating impact on the global economy. But is the nightmare over?
NPR

In India, A Different Kind Of Austerity

The attempt to reel in departmental spending on things like hotel space and foreign travel may seem like window dressing, but voters see government largesse as a right. Analysts say the efforts are unlikely to make much of a dent in India's $91 billion deficit.
NPR

Three Ways To Stop A Bank Run

There's a slow-motion bank run happening in Europe, as depositors move their money from financially troubled countries like Greece and Spain to stronger countries like Germany.

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