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The Two-Way
3:33 pm
Tue August 14, 2012

British Bank Agrees To $340 Million Settlement Over Laundering Charges

Originally published on Tue August 14, 2012 4:27 pm

Britain's fifth-largest bank has agreed to pay $340 million to settle charges by New York regulators that it laundered money for Iranian clients.

NPR's Chris Arnold filed this report for our Newscast unit:

"In court documents, the regulator alleged that for 10 years Standard Chartered Bank quote 'schemed with the Government of Iran and hid from regulators roughly 60,000 secret transactions... involving $250 billion dollars and reaping hundreds of millions of dollars in fees for the bank.'

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U.S.
3:30 pm
Tue August 14, 2012

What Goes Into Timing Traffic Lights?

Originally published on Tue August 14, 2012 5:04 pm

As part of the NPR Cities Project, we're exploring some "gee-whiz" questions about how cities work. Melissa Block talks to Gideon Berger, Fellowship Director for the Urban Land Institute, on the street in Washington, D.C.'s Chinatown. They talk about the trickiness of timing traffic lights

Around the Nation
3:30 pm
Tue August 14, 2012

Drought Stunts Vegetable Contests At State Fairs

Originally published on Tue August 14, 2012 5:04 pm

The drought this summer has impacted entries at state fairs across the country. Cattle, hogs, vegetables and more all are coming in much smaller and lighter because of the dry conditions. Melissa Block talks with Don Young, who submitted a much smaller pumpkin than normal to be judged at the Iowa State Fair.

Europe
3:30 pm
Tue August 14, 2012

British Bank Settles After Hiding Iranian Transactions

Originally published on Tue August 14, 2012 5:04 pm

The British bank accused of using its New York branch to launder money from international transaction has agreed to pay New York's top banking regulator $340 million. Regulators said the bank schemed to hide more than 60,000 financial transactions totaling $250 billion for Iranian clients. The bank denied the charges. Audie Cornish talks with Jim Zarroli.

Science
3:30 pm
Tue August 14, 2012

Swiss Scientists Generate 5.5 Trillion Degree Heat

Originally published on Tue August 14, 2012 5:04 pm

In light of this summer's record high temperatures, we find perspective on really hot temperatures. In an experiment, scientists at Europe's CERN laboratory claim to have achieved the highest temperature ever produced by humans — about 5.5 trillion degrees. Audie Cornish and Melissa Block have more.

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