As Italy and much of Europe struggle with their finances, the city of Florence has staged an art exhibition looking at the critical — and controversial — role that financial institutions have played for centuries.
The recent Money and Beauty exhibit, held in the majestic 15th-century Palazzo Strozzi, illustrated how Florentine merchants got around the Catholic Church's ban on money-lending and bankrolled the Renaissance.
The U.S. is insisting that Egypt establish a full-fledged democracy and move away from military rule. Here, an Egyptian woman covers her head in a national flag as she demonstrates in a pro-democracy rally in Cairo's Tahrir Square on Jan. 27.
For many years, top Egyptian officials coming to Washington could expect a warm welcome, with few points of contention.
But for a group of Egyptian generals now in the U.S., several points of friction are likely to dominate the agenda between the longtime allies.
Egypt doesn't like the new conditions U.S. lawmakers have placed on American aid. And the U.S. is furious with the way Egypt has been treating U.S. groups that promote democracy. At least three Americans have taken shelter in the U.S. Embassy in Cairo.
Composer Philip Glass changed the landscape of American music. As a founder of minimalism, Glass came up with a new way to make music and, with it, brought a new audience to the concert halls. Tuesday is Glass' 75th birthday, and the music world is celebrating in a big way with performances and festivals around the globe — including the premiere of Glass' latest work at Carnegie Hall.
Last week, 500 tacos appeared at the mayor's office in East Haven, Conn. But they weren't intended for a casual luncheon.
Instead, this truckload of tacos was meant to be a symbol of discontent. An immigration reform group sent the fare in protest to what they said was an insensitive comment from Mayor Joseph Maturo in reference to Latinos and tacos.
At least 100 people were killed across Syria today by security forces loyal to President Bashar Assad, activists said. The Local Coordination Committees, which organize protests on the ground and document the killings, said 76 people were killed in the restive central region of Homs.
The past five days have been some of the bloodiest since the uprising began last March, with about 387 people killed since Thursday, activists said.
Grade-schoolers are supposed to be riding in booster seats. But anyone who's ever chauffeured a bunch of second-graders can tell you that the day will come when you don't have enough boosters to go around. Faced with this obvious safety risk, most parents (including this one) buckle up the kids without boosters, and pray.
Freddie Mac is a gatekeeper in the mortgage market. In many cases, the taxpayer-owned mortgage company controls who qualifies to refinance a mortgage and who doesn't. Well, NPR has learned that Freddie Mac has been making financial wagers, betting against American homeowners being able to refinance. And now some lawmakers want to put a stop to it. NPR's Chris Arnold has been reporting this story in partnership with ProPublica.org. He has this report.
Originally published on Mon January 30, 2012 4:21 pm
One of the biggest antitrust investigations in the nation's history has led to fines of $470 million against one Japanese auto parts manufacturer and $78 million against another, the U.S. Justice Department announced today.