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Europe
3:29 am
Wed June 6, 2012

Baltic States Embrace Eurozone

Originally published on Thu June 14, 2012 11:07 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION, from NPR News. Good morning. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

Here a couple of the more alarming warnings coming out of the eurozone this week. Greece says it could go broke by July. Spain says it probably can't raise money from investors because they're demanding interest rates that are too high.

Despite all these troubles, one country is still eager to join the eurozone: Latvia. In fact, all three Baltic States remain supportive of the euro.

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Business
3:29 am
Wed June 6, 2012

States End Extended Benefits Despite Dismal Economic Outlook

Originally published on Thu June 14, 2012 11:07 am

Transcript

DAVID GREENE, HOST:

So far this year, 25 states have ended the Extended Benefits program. That program made sure people out of work for long periods of time continued receiving financial assistance. But there was a catch: if a state's unemployment rate improved, the money would stop flowing. The fact that some states are seeing lower unemployment may seem like a good sign for the economy. It's no comfort to the people who are still out of work.

Susie An from WBEZ in Chicago has that story.

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Sweetness And Light
1:57 am
Wed June 6, 2012

Please Sir, I'd Rather Have Another

Triple Crown hopefull I'll Have Another is ridden by exercise rider Jonny Garcia during a morning workout at Belmont Park in Elmont, N.Y.
Al Bello Getty Images

Originally published on Thu June 14, 2012 11:07 am

To be perverse, I'd suggest that for the horse-racing industry, it'd be best that I'll Have Another does not — yes, does not — win the Triple Crown this Saturday.

Oh, certainly, absolutely every year you want a horse to win the first two races — the Kentucky Derby and the Preakness — so that suspense builds and a horse has a chance to win the Belmont and take the Triple Crown. But isn't it better to have the potential winner barely get beat so that the losing streak continues, building interest?

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Planet Money
1:56 am
Wed June 6, 2012

Why Does The Mortgage-Interest Tax Deduction Still Exist?

Alex Brandon AP

Originally published on Thu June 14, 2012 11:07 am

This is the latest story in our series on money in politics.

If you have a mortgage on your home, you can deduct the interest from your taxes. It's a popular, well-entrenched policy. But according to one policy adviser to a U.S. senator, "the mortgage-interest deduction, from a purely policy perspective ... makes no sense."

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Europe
1:55 am
Wed June 6, 2012

A Party On The Rise, Germany's Pirates Come Ashore

A member of the German Pirate Party, with its logo shaved in his hair, attends the party's two-day conference in Neumuenster, Germany, on April 28.
AFP AFP/Getty Images

Originally published on Thu June 14, 2012 11:07 am

They don't have a plan to save the euro or draw down the war in Afghanistan, nor do they have clear policies on an array of issues, but the German Pirate Party is winning converts and elections with its vision of digital democracy through "liquid feedback."

Despite public relations mishaps and a haphazard organizational structure, the Pirate Party is shaking up the stolid, bureaucratic world of German politics and jolting rival parties with its rising popularity.

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