With Greece in flux over whether it'll remain in the eurozone, other weak economies like Spain are feeling the heat.
The worst could be yet to come in Spain — not because of public debt, but because its banks are still laden with unpaid real estate loans, putting both the banks and the housing market in jeopardy. Real estate prices in Madrid are still high, though salaries are frozen and unemployment soars. When Ireland's housing bubble burst, prices dropped more than 40 percent. But in Spain it's an 18 percent drop on average.
Swat Valley was once Pakistan's premier vacation spot. The area is trying to regain its appeal after regional conflict and massive floods. Co-hosts Steve Inskeep and Renee Montagne report on an effort underway to rebuild Swat Valley's economy.
A story in The Atlantic uncovers new information about the alliance between the United States and Pakistan, including a move by Pakistan to disperse its nuclear weapons in civilian vehicles after the U.S. raid that killed Osama bin Laden. Host Steve Inskeep speaks to the author, Jeffrey Goldberg, about what's been discovered.
Last weekend brought the deadliest attack yet on NATO forces in Kabul, one of a series of attacks bold enough to make headlines, beginning with the 20-hour siege of the American embassy. Those attacks over several weeks raised new concerns about security in Afghanistan's capital. One militant group in particular, the Haqqani Network, is thought to have orchestrated the most spectacular attacks. Seth Jones is the author of "In the Graveyard of Empires." Good morning.
And the political and economic drama in Greece this week has moved to a glamorous resort in the South of France. European Union leaders are gathered in Cannes as part of a meeting of the world's most important economies. The group of 20 would have preferred a broad agenda, but Europe's troubles have overshadowed everything else at Cannes.
President Obama is there meeting with EU leaders and urging them to resolve the financial crisis. NPR's Eric Westervelt is also at the G-20 meeting and joined us. Good morning.
Friday morning, the Labor Department releases its unemployment report for October. The unemployment rate has been stuck above 9 percent for most of the past three years, and it's not expected to dip below that this month. Host Renee Montagne speaks with NPR's Jim Zarroli about the numbers and the outlook for the U.S. economy.
The sluggish economy means fewer travelers will be heading home for Thanksgiving this year, although it hasn't brought down prices. And as NPR's David Schaper reports, those who do fly will still find their flights packed.
Prime Minister George Papandreou has backed down from a referendum on the European Union bailout package and he faces a vote of confidence Friday. NPR's Sylvia Poggioli tells host Steve Inskeep his future is uncertain.
Movies are often about falling in love and sometimes falling out of love, but the best for my money are about falling in and out of love in a way you'd need a higher order of physics to graph. That higher physicist could start with Drake Doremus's drama Like Crazy, which evokes as well as any film I've seen the now loopy, now jagged flow from infatuation to intoxication to addiction to withdrawal to re-addiction. It's not an especially deep or psychological movie. It's just crazy painful.