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4:07 am
Thu December 6, 2012

Business News

Originally published on Thu December 6, 2012 5:55 am

Transcript

DAVID GREENE, HOST:

We begin NPR's business news with possible bank settlements.

(SOUNDBITE OF MUSIC)

GREENE: One of Britain's largest banks, Standard Chartered, says it expects to pay around $330 million to the United States. This would settle a case with regulators here who accused the bank of failing to comply with sanctions against Iran. Standard Chartered has already paid out $340 million to the state of New York on the same claims.

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Middle East
3:04 am
Thu December 6, 2012

Germans OK Patriot Missiles To Defend Turkey

Germany's Cabinet on Thursday approved sending German Patriot air defense missiles to Turkey to protect the NATO member against possible attacks from Syria, in a major step toward possible Western military role in the Syrian conflict.

Defense Minister Thomas de Maiziere told reporters that two batteries with a total of 400 soldiers would be sent to the border area under NATO command for one year, although the deployment could be shortened.

The decision must be endorsed by the German Parliament, but approval is all but assured.

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Middle East
2:33 am
Thu December 6, 2012

'It's A Disaster': Life Inside A Syrian Refugee Camp

Mothers and their children sit among their washing in a refugee camp on the border between Syria and Turkey near the northern city of Azaz on Wednesday. The internally displaced faced further misery as heavy rain was followed by a drop in temperatures.
Odd Andersen AFP/Getty Images

Originally published on Thu December 6, 2012 9:20 pm

It's early afternoon when the sun is bright, and it's finally warm enough to come outside. This tent camp on a hill overlooking the Turkish border, near the Syrian town of Atma, houses more than 14,000 displaced Syrians.

The water here is trucked in, and it's the only source. Women line up with plastic jugs to haul the daily delivery back to the tents. What is striking are the children — in dirty clothes and summer shoes, faces red and raw from the cold.

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Shots - Health News
2:32 am
Thu December 6, 2012

Why It's Easier To Scam The Elderly

Fraud victims are more likely to have opened official-looking sweepstakes notices and other mailings. A new study says the elderly are more susceptible than the young to being swindled.
Allen Breed AP

Originally published on Thu December 6, 2012 3:23 pm

Lots of scams come by phone or by mail, but when the scam artist is right in front of you, researchers say the clues are in the face.

"A smile that is in the mouth but doesn't go up to the eyes, an averted gaze, a backward lean" are some of the ways deception may present itself, says Shelley Taylor, a psychologist at UCLA.

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Economy
2:31 am
Thu December 6, 2012

What Should The U.S. Learn From Europe's Woes?

French President Francois Hollande (left) and German Chancellor Angela Merkel take part in a bilateral meeting at the EU headquarters in Brussels on Nov. 22 as part of a European budget summit.
Bertrand Langlois AFP/Getty Images

Originally published on Thu December 6, 2012 3:21 pm

As President Obama and Capitol Hill lawmakers assess the need for spending cuts and tax increases against the risk of triggering a new recession, they might look across the Atlantic for insights from those who have already grappled with those budgetary questions.

The problem of excessive government debt has swamped economies across Europe and forced countries to take severe measures to cut their deficits. The first lesson from their "fiscal consolidation" experiences: It will hurt.

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