The European Central Bank "is on standby to keep banks flush with liquidity" if Greeks effectively vote on Sunday to support politicians who want to reject austerity measures and pull the nation out of the eurozone, The Financial Times writes this morning.
The ECB joins "a global chorus of central bankers pledging support ahead of Sunday's elections," the FT adds.
Originally published on Wed June 20, 2012 10:42 am
The economy has so much going for it: low inflation, low interest rates, affordable homes, falling gasoline prices and 27 straight months of job growth. Good times, no?
The economy is slowing, but not because of current conditions. The slowdown reflects the fear of what may be coming next. Economists say employers and investors are paralyzed by the uncertainty surrounding three huge problems: one in the United States, another in Europe and the third in China.
Note: We've asked NPR journalists to share their top five (or so) political Twitter accounts, and we're featuring the series on #FollowFriday. Here are recommendations from Elise Hu (@elisewho), an NPR digital reporter who previously covered campaigns and statehouses in Texas, South Carolina and Missouri.
After a week of escalating violence in Syria, the chief U.N. official there in the country said today that efforts to resolve the conflict have had little effect. It was a bleak assessment from the man leading the United Nations observer mission for the past six months. NPR's Deborah Amos joins us from Damascus, where she has been out with observers assessing the situation.
And Deb, what was the message today from Major General Robert Mood?
Good morning. I'm Renee Montagne. Summer dust storms in Arizona have a funny name - haboobs - but they can be deadly. This summer, Arizona transportation officials turned to poetry in their safety campaign, encouraging Twitter users to tweet haikus, like this one from Mindy Lee: Haboobs blow through town. In one instant it is dark. Pull over and wait. And here's Will Watson's: You're not a Jedi. This is not Tatooine, Luke. Pull over, man. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.