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4:09 am
Sun December 9, 2012

Fiscal Cliff Leaves Accountants Hanging, Too

With major tax changes still undecided, accountants and other financial professionals must advise their clients on various possible scenarios.
iStockphoto.com

Originally published on Sun December 9, 2012 1:53 pm

The expiration of Bush-era tax cuts. A patch to the alternative minimum tax. An increase in capital gains taxes.

As the "fiscal cliff" approaches, all of these are possible, but none certain. That uncertainty solicits many questions from anxious taxpayers. But, for accountants and financial planners, there are a few definitive answers.

Financial professionals who spoke with NPR say they are not strangers to uncertainty. When the Bush tax cuts were up for expiration two years ago, for instance, the feeling was similar.

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World
4:06 am
Sun December 9, 2012

Spain's Economic Woes Take A Toll On The Media

El Pais journalists demonstrate outside the newspaper's headquarters in Madrid last month.
Dominique Faget AFP/Getty Images

Originally published on Mon December 10, 2012 9:53 am

Three years of euro-zone recession have badly hurt Spain's media sector, where some 8,500 journalists have lost their jobs. Dozens of newspapers have closed and the remaining publications are sharply cutting back as ads plummet.

That's led to warnings from journalists, who see a threat to press freedom at a time when Spaniards want to understand why their financial stability is unraveling.

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It's All Politics
2:53 am
Sun December 9, 2012

Add This Group To Obama's Winning Coalition: 'Religiously Unaffiliated'

President Obama walks with his daughters Sasha, foreground, and Malia as they leave St. John's Episcopal Church in Washington, on Oct. 28. An analysis of exit polls shows that those who claim no specific religious affiliation were a key Obama voting bloc in the presidential race.
Jacquelyn Martin AP

The big demographic story out of the 2012 presidential election may have been President Obama's domination of the Hispanic vote, and rightfully so.

But as we close the book on the election, it bears noting that another less obvious bloc of key swing state voters helped the president win a second term.

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Europe
2:33 am
Sun December 9, 2012

Greek Hospitals Suffer In Ailing Economy

A hand-painted banner decrying drastic cuts to the health care budget is draped on the main entrance of the Regional Hospital of Serres in northern Greece.
Joanna Kakissis for NPR

Originally published on Sun December 9, 2012 1:36 pm

The economic crisis in Greece is strangling the country's hospitals, where budgets have been slashed by more than half. As a result, nearly all doctors in both public and private hospitals have seen their pay cut, delayed or even frozen.

"On top of that, we lack basic supplies to do our jobs," says Vangelis Papamichalis, a neurologist at the Regional Hospital of Serres in northern Greece and a member of the doctors union here. "We run out of surgical gloves, syringes, vials for blood samples and needles to sew stitches, among other things."

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The Two-Way
5:44 pm
Sat December 8, 2012

Egyptian President Nullifies Expanded Executive Powers

Egyptian President Mohammed Morsi held a "dialogue" in Cairo on Saturday. Overnight, an official announced the president would nullify a decree that gave him expanded powers.
Maya Alleruzzo AP

Originally published on Mon December 10, 2012 5:44 am

  • Hear Soraya Sarhaddi Nelson And Guy Raz On 'All Things Considered'

Egyptian President Mohammed Morsi has annulled a decree that gave him sweeping new powers last month, an official announced overnight in Cairo. The referendum on the draft constitution is still set for Dec. 15.

NPR's Soraya Sarhaddi Nelson says Morsi had been saying recently he would give up his expanded powers after the referendum.

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