From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish. Stocks fell on both sides of the Atlantic today. The reason? The European Central Bank did not announce a much anticipated bond buying program meant to lower borrowing costs for Spain and Italy.
As NPR's Sylvia Poggioli reports, the ECB's president announced only a blueprint today, one that still requires formal approval from the bank's governing council.
From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish. We begin this hour with a high-profile departure. Former U.N. Secretary-General Kofi Annan is quitting as special envoy to Syria. He complained that his six-point plan to end the bloodshed there has been ignored. Eighteen months of civil strife in Syria have killed an estimated 19,000 people. From Beirut, NPR's Anthony Kuhn reports on signs of a battlefield stalemate and a long and bloody conflict ahead.
We're going to get a firsthand account now of the fighting in Aleppo, Syria. Erika Solomon is Middle East correspondent for Reuters. She made it into Aleppo a week and a half ago and just left this morning. She joins us now from Turkey. Erika, give us a sense of what life was like in Aleppo, where you stayed, what you saw.
Just a few weeks ago, warnings were flying thick and fast that the Olympic Games would reduce London to chaos, jamming the capital's roads and clogging up its aging transport system. Officials urged residents to work from home and plan their travel carefully. The public seems to have taken that advice to heart.
On its first day as a public company in May, Facebook's stock traded for more than $40 a share. On Thursday, investors could pick up a share for less than $20. Facebook has lost nearly half its value during its first few weeks on the Nasdaq. Institutional investors such as Fidelity are selling their stake. Facebook executives are now desperate to change the conversation about the company.