Now, if you've been following events in the eurozone over the past few months with equal parts anxiety and confusion, you're not alone. To help put today's news into a broader debt crisis context, we're joined by Felix Salmon. He blogs about finance for Reuters.com. Felix, welcome.
FELIX SALMON: Thanks, Guy.
RAZ: In your blog today, you call this coordinated action by the central banks, and I'm quoting you, "a holiday greeting card to the financial markets." Why?
Originally published on Wed November 30, 2011 5:49 pm
MELISSA BLOCK, HOST:
The kingdom of Bahrain may be taking some steps toward reform. Bahrain is the small island state in the Persian Gulf, home to the U.S. Navy's Fifth Fleet. Earlier this year, Bahrain was swept up in protests as the Arab Spring uprising spread. At least 35 people were killed. And a new human rights report commissioned by the Bahraini government detailed systemic abuse of those who were detained.
A hearing opens Wednesday for John Hinckley, who attempted to assassinate President Reagan 30 years ago and was found not guilty by reason of insanity. He was sent to a mental institution but is now seeking more privileges that could lead to his living full-time outside the hospital.