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Middle East
3:47 am
Fri November 16, 2012

Gaza Violence, Israel

Originally published on Sun November 18, 2012 8:25 am

Transcript

LINDA WERTHEIMER, HOST:

As Israel and Hamas continue launching attacks, residents of the Israeli city of Tel Aviv and communities to its south remain on alert for missile strikes. Sheera Frenkel reports that many fear the current round of violence is nowhere close to being over.

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Economy
3:47 am
Fri November 16, 2012

U.S. Mayors Concerned About Fiscal Cliff Cuts

Originally published on Fri November 16, 2012 5:49 am

The two biggest fears of the fiscal cliff are defense cuts and tax hikes. The nation's mayors say the devastating effects of automatic cuts reach further than the Defense Department — right into their own cities. Steve Inskeep talks to the Democratic Mayor of Charleston, S.C., Jospeh Riley and Republican Mayor Scott Smith of Mesa, Ariz., about the impact sequestration could have in their cities.

Economy
3:47 am
Fri November 16, 2012

Everyone 'Has To Participate' To Avoid Fiscal Cliff

Originally published on Fri November 16, 2012 4:26 am

Transcript

STEVE INSKEEP, HOST:

Listen carefully to both President Obama and Republican leaders, and you hear hints of room for compromise. They're talking of taxes and spending as a deadline approaches, December 31st, when higher taxes and spending cuts would take effect. That would reduce the federal deficit, but also damage the economy, according to forecasters.

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Business
3:47 am
Fri November 16, 2012

Nintendo Wii U Out This Weekend

Originally published on Fri November 16, 2012 6:31 am

Transcript

LINDA WERTHEIMER, HOST:

For those who want to buy Nintendo's new video game console, you may have to wait a while. The Wii U goes on sale Sunday, but many stores have already sold out pre-orders. On Amazon, you can find the new console, but for much more than Nintendo's $350 price.

To find out what's the big deal for gamers and for Nintendo is, we've called Daisuke Wakabayashi. He covers Japanese video game companies for The Wall Street Journal, and joins us from Tokyo.

Good Morning, Dai.

DAISUKE WAKABAYASHI: Good morning.

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Planet Money
2:37 am
Fri November 16, 2012

It's Legal To Sell Marijuana In Washington. But Try Telling That To A Bank.

David McNew Getty Images

Originally published on Mon November 19, 2012 1:03 pm

Voters in Washington and Colorado just approved measures legalizing marijuana for recreational use. But businesses that want to sell marijuana in those states will face a problem: No bank wants to do business with them.

I called several banks in Washington. I called a local credit union, a tiny bank in the San Juan islands. Everybody said basically the same thing. Even if selling marijuana is legal under state law, it's still illegal under federal law. And banks and credit unions worry that this could get them in trouble.

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