"No ship ever sunk for having too many life boats, and at the moment, the euro has no life boats at all."

After keeping a nervous world waiting for days, the squabbling politicians of debt-ridden Greece finally announced a new interim government Thursday. It will be headed by a former European Central banker, Lucas Papademos, whose main task will be to ensure that Greece meets the conditions set by its European partners to receive new loan money and avoid default. That means showing that Greece will enforce austerity measures.

Washington Nationals catcher Wilson Ramos was abducted outside his home in Venezuela on Wednesday. Robert Siegel speaks with NPR's Juan Forero about the kidnapping.

A steady drip of revelations in the News Corp. phone-hacking scandal has called into question James Murdoch's testimony before a parliamentary committee in July. Murdoch has been asked back to clarify the discrepancies.

For the first time in 50 years, Cubans can now buy and sell residential real estate. The new law allowing such transactions is President Raul Castro's most significant economic reform measure to date, and is spurring the refurbishment of the island's long-neglected homes.