In Portugal, austerity has meant up to a 30 percent pay cut for civil servants. Unemployment is at more than 15 percent, and the economy continues to shrink. The European Union recently warned the Portuguese people may have to sacrifice even more.
OK. So that's the budget money. Let's talk about political contributions. The laws governing political money have just become a little bit more convoluted. But this time, the new twist could actually mean more disclosure. We'd find out the names of the big donors who finance attack ads.
Greece will hold new elections next month after leaders failed to form a government this week. The political uncertainty has raised fears that the heavily indebted country will be forced to exit the eurozone.
Afghanistan is still at war, but more than a decade after 9/11, the county is more open to the world. Nobody could make a cell phone call in 2001, and few people had access to TV. This month, Renee Montagne has been reporting from a country where the media are transformed.
And now to big money that's tied up in a company's pension fund. Tens of thousands of white-collar Ford retirees will soon have a big decision to make: Should they stay in the auto company's pension plan, or take their chances with a lump sum payout instead? The offer is believed to be the first of its kind for such a large, ongoing pension fund.
JPMorgan Chase hosted its annual shareholder meeting in Tampa Tuesday, and it was the first chance for shareholders to weigh in on the banks problems. News the bank lost at least $2 billion in a botched trading strategy gave fresh fodder to critics who want banks to be more tightly regulated.
A new international terminal opens today at the Atlanta Airport. Hartsfield-Jackson International is already the busiest airport in the world. And the new terminal reflects a big by the business capital of the South to become a bigger global player. Georgia wants to attract more international business. NPR's Kathy Lohr has the story.
Carlos Fuentes was the son of a Mexican diplomat and spent years living abroad, including in the United States. But Mexico — the country, its people and politics — was central to his writing.
Fuentes, one of the most influential Latin American writers, died Tuesday at a hospital in Mexico City at the age of 83. He was instrumental in bringing Latin American literature to an international audience, and he used his fiction to address what he saw as real-world injustices.