The major central banks of the world moved Wednesday to prevent a banking crisis in Europe. They're providing more liquidity to the European banking system in hopes that big banks there will remain solvent and continue to make loans. The coordinated move by the central banks sent stock markets soaring. But it will not even begin to fix Europe's fundamental economic problems.

Guy Raz talks to Felix Salmon, a finance blogger for Reuters. Salmon explains Wednesday's actions by six central banks to improve access to U.S. dollars internationally.

Secretary of State Hillary Clinton is in Myanmar, also known as Burma, to see if the county's leaders are serious about political reform. Myanmar has long been under international sanctions because of the repressive nature of the military junta that held power until recently. But there are signs that a new civilian government is loosening the military's grip.

Guy Raz speaks with Washington Post Tehran bureau chief Thomas Erdbrink for an update on Britain and Iran. They discuss protests at the British Embassy, rising tensions and moves to close other European embassies in Iran.

Public sector workers walked off their jobs Wednesday in Britain to protest pension cuts. They tied up airports, shut down schools and slowed delivery of health services. No one knows for sure how many joined the walkout, though some reports say it was as many as two million people. The strike is an important sign of the growing discontent with Britain's austerity program.

Earlier this year, a pro-democracy uprising in the Persian Gulf state of Bahrain was met with a severe government crackdown. At least 35 people were killed. Now, the country's leadership is in the process of examining its reaction to those protests. Bahraini activist Nabeel Rajab talks to Melissa Block about the government report that details systemic abuse by its authorities.