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Greek Referendum Could Jeopardize Bailout Deal

Greek Prime Minister George Papandreou says he will ask the public to vote in a referendum on last week's European debt deal. His surprise announcement could throw a wrench into the bailout agreement. The bankers holding Greek debt agreed to accept losses on Greek bonds on the assumption that the country would carry out austerity measures. For the latest, Steve Inskeep talks with reporter Joanna Kakissis in Athens.
NPR

Colo. Tax Vote Pits Business Leaders Vs. Education

Colorado voters are deciding Tuesday whether to raise taxes to help fund schools. Proposition 103 is the nation's only statewide tax vote this November, and it's setting off a battle between business leaders worried about the economy and education interests saying the economy will never recover without well-funded schools. Kirk Siegler of member station KUNC reports that the measure is also seen as a barometer for the nation's mood on taxes.
NPR

MF Global A U.S. Casualty Of EU's Debt Crisis

MF Global, the securities firm run by former New Jersey Governor Jon Corzine, was forced to file for bankruptcy protection Monday. The company, at Corzine's urging, made big investments in European sovereign debt. Those bets turned out to be losers. Analysts don't believe MF Global is a harbinger of bad things to come. It was much more exposed to European debt than most U.S. financial companies. Zoe Chace reports for NPR's Planet Money.
NPR

Bus Crisis In Detroit Hampers Riders

A bus crisis in Detroit has some people waiting up to three hours at bus stops, with close to half the city's fleet out of commission. Riders are complaining of losing jobs and having to drop classes because they can't get where they need to go. The problem is especially distressing in the Motor City, where about a third of residents don't have cars. Mayor Dave Bing is promising to do "whatever it takes" to fix the problem. He's accused the city's bus mechanics of a deliberate work slowdown. The union says Bing has laid off too many mechanics — hindering their ability to keep up with the work.
NPR

In Cuba, A Used Car Is No Bargain

Cuba's Communist government is now allowing people to buy and sell cars, but there are still restrictions on auto imports. Few new cars enter the market. So, with demand high and supply low, cars already on the island are selling for astronomical prices.
WAMU 88.5

O'Malley Against Online Gambling

Funds generated from Maryland's lottery system are the state's fourth largest revenue source, and O'Malley says legalizing online gambling could hurt the money stream.

WAMU 88.5

In Woodbridge, Foreclosures Hit Hard

The town of Woodbridge, Va., is a classic example of today's mortgage crisis: hundreds of homes lay vacant, and hundreds more run the risk of being foreclosed on at any time. Now, residents there are demanding that banks do more to prevent these foreclosures.

NPR

Thousands Of Trucking Jobs, But Few Take The Wheel

Industry experts estimate trucking companies are short about 125,000 drivers. It's tough to fill open jobs; many who go into trucking seem to be in a hurry to get out of it. Learning how to drive an 18-wheeler is a big investment in itself, and the brutal job requirements make for high turnover.
NPR

Can Oil Fuel Libya's Reconstruction?

Rebuilding Libya will be complex, but the Libyans should be able to pay for reconstruction with their oil. Host Audie Cornish talks with John Hamilton, a Libya expert at Cross Border Information, about the current state and future of Libya's oil industry.

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