NPR News

Pages

Europe
5:43 pm
Wed May 2, 2012

Investors Flee Spain As Economy Spirals Downward

People attend a demonstration in Madrid organized by unions against financial cuts in health and education on April 29.
Dominique Faget AFP/Getty Images

Originally published on Wed May 9, 2012 9:44 am

The news keeps getting worse for Spain. This week came word that the country has fallen back into recession. Meanwhile, Spain's unemployment rate is the highest in Europe. Investors are once again fleeing the country and interest rates on government debt are climbing.

The numbers coming out of Spain these days are stark. The economy contracted at a 0.3 percent rate during the first part of this year. Housing prices are down 21 percent from their peak, and unemployment is nearly 25 percent.

Read more
Law
5:26 pm
Wed May 2, 2012

Key Clemens Witness Leaves Prosecutors Scrambling

Andy Pettitte leaves the courthouse after testifying Wednesday in the perjury and obstruction trial of former teammate Roger Clemens in Washington, D.C.
Win McNamee Getty Images

Originally published on Wed May 9, 2012 9:44 am

The prosecution at the perjury trial of baseball great Roger Clemens suffered another major setback Wednesday. One of its key witnesses, pitcher Andy Pettitte, conceded that he may have misunderstood his former teammate as saying he used human growth hormone (HGH).

Clemens is charged with lying to Congress when he testified before a House committee that he had never used performance-enhancing drugs.

Read more
The Two-Way
5:16 pm
Wed May 2, 2012

News Corp. Board Gives Murdoch Its Vote Of Confidence

Rupert Murdoch, shown above with his son James (left) last July.
Sang Tan AP

A little more than a day after a committee of British parliamentarians said Rupert Murdoch was "not a fit person" to lead a major international company, the board of News Corp. said they still backed Murdoch's leadership.

NPR's David Folkenflik reports that the board issued the statement of suport unanimously.

Read more
Education
4:48 pm
Wed May 2, 2012

Cal State Faculty On Strike Amid A 'Scary Future'

California Faculty Association Vice President Douglas Domingo-Foraste (right) helps Cal State, Long Beach, professor Mark Sugars vote last month on whether to authorize a strike. The strike was authorized Wednesday.
Damian Dovarganes AP

Originally published on Wed May 9, 2012 9:44 am

California State University, the nation's largest four-year, public university system, is in trouble. Wednesday, professors authorized a strike over working conditions and pay, and students began a hunger strike demanding a tuition freeze.

The faculty authorization allows for two-day strikes at each of the schools in system, one after the other. A strike date is pending, though, and will only take place if negotiations fail.

This unfolding crisis is the result of massive state cuts in funding that have pushed higher education in California to the breaking point.

Read more

Pages