Originally published on Fri November 30, 2012 3:03 am
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On a Thursday, it's MORNING EDITION from NPR News. Good morning. I'm David Greene.
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In the latest effort to avoid the automatic fiscal cliff tax hikes and spending cuts, Treasury Secretary Timothy Geithner meets today with Democratic and Republican congressional leaders on Capitol Hill.
NPR business news starts with GM investing in China.
General Motors says it's building a $1 billion factory with its joint venture partners in China. It's set to open in 2015 and will be the third GM plant in what is now the world's biggest auto market. The company hopes the plant will eventually produce up to two million vehicles a year. Auto sales in China are expected to hit 20 million this year - about five million more than in the U.S. Transcript provided by NPR, Copyright National Public Radio.
NPR's Philip Reeves, reporting on 'Morning Edition'
At the United Nations this afternoon, the General Assembly is expected to overwhelmingly approve a resolution that would shift the status of Palestinians from that of a "non-member observer entity" to a "non-member observer state."
There are increasing signals from Iran that it's open to a new round of talks on its suspect nuclear program. The last round was held in Moscow in June. And with the American campaign season over, new diplomatic efforts are being explored.
But domestic politics - this time in Iran - may still limit what can be achieved at the negotiating table, as NPR's Peter Kenyon reports from Istanbul.