National / International News

Japan's trade negotiations may be troubled by currency

Marketplace - American Public Media - Tue, 2015-04-28 02:00

Japanese Prime Minister Shinzo Abe is visiting the U.S. this week, and on his agenda: negotiations for a trade deal between the U.S. and Japan, along with ten other countries. One potential sticking point is the way Japan handles its currency. For the last few years, Japan has pumped more currency into circulation, saying it wants to flight deflation.

“But everyone knows that behind that is definitely a business community that’s has complained for many years that the value of yen too strong,” says Scott Seaman, a senior analyst with the Eurasia Group.

Many Japanese exporters would prefer a weaker yen, so Japan goods become cheaper relative to competitors in other countries. That is why this a trade issue, says Eswar Prasad, an economics professor at Cornell.

“Some people in the U.S. are concerned that by opening U.S. markets, and by tolerating other countries' policies that drive down the values of their currencies, the U.S. might lose out,” he says.

Audio for this story is forthcoming.

Valve shuts down paid 'mod' system

BBC - Tue, 2015-04-28 01:58
Angry gamers have forced Valve to end an initiative that let people who make modifications or "mods" for games get paid for their work.

GDP in Portlandia

Marketplace - American Public Media - Tue, 2015-04-28 01:56
9 percent

In 2013, about 15 percent of graduating high school seniors were black, but only 9 percent took some kind of AP exam. That same year, low-income students made up 48 percent of the graduating class, but only 28 percent of AP test takers. Enrollment in AP classes, or lack thereof, is said to be a large contributor to these numbers. A new $100 million initiative announced Tuesday aims to positively influence participation.

22.8 percent

That's how much Portland's GDP has grown since 2008, far outpacing similarly sized eastern cities. Bloomberg reports a lot of commerce is heading west, with jobs, wages, home prices and the number of young people all on the rise.

5.7 million square feet

Speaking of the West Coast: that's how much office space Google, Linkedin and others proposed for Mountain View, California earlier this year, more than double the development the city had planned for the next 20 years. Silicon Valley is headed for a space crunch, the Wall Street Journal reported, with tech companies expanding far faster than city planners anticipated, and public infrastructure strained.

$1.49

That's the price for the new Fritos taco at Taco Bell, one of several new items the Mexican fast-food chain is experimenting with, Quartz reported. Along with several Fritos tacos, the company is launching new breakfast tacos and other dishes to try and replicate the goofy, viral success of the Doritos Locos Taco.

2017

That's the year by which Tyson promises it will end its use of human antibiotics. As reported by the NY Times, the announcement is considered the final step for the company toward goals it has articulated for some time.

Gay marriage remark 'misinterpreted'

BBC - Tue, 2015-04-28 01:53
A general election candidate says he is is sorry if a remark he made about being against gay marriage was misinterpreted.

Woman goes to police over wolf whistles

BBC - Tue, 2015-04-28 01:51
Poppy Smart, from Worcester, heckled on her walk to work every day and thinks more women should complain about it.

VIDEO: Video shows moment of quake in Tibet

BBC - Tue, 2015-04-28 01:46
Footage of the moment a massive earthquake struck Nepal and the Himalayas has emerged - filmed by a survivor in the Tibet Autonomous Region of China.

Toksvig steps down from News Quiz

BBC - Tue, 2015-04-28 01:43
Comedian Sandi Toksvig is to leave BBC Radio 4's comedy show The News Quiz after nine years and 28 series.

EU set to back crash alert for cars

BBC - Tue, 2015-04-28 01:25
A new EU-wide alert system to deal with road accidents, called eCall, is expected to get the go-ahead from Euro MPs.

Bosnich pleads guilty to charge

BBC - Tue, 2015-04-28 01:17
Former Manchester United goalkeeper Mark Bosnich appears in a Sydney court to plead guilty to reckless driving.

VIDEO: The $50,000-per-night Vegas hotel room

BBC - Tue, 2015-04-28 01:12
Take a tour of the Las Vegas hotel room which is $20,000-per-night more expensive in Mayweather-Pacquiao fight week.

VIDEO: Searching through rubble with bare hands

BBC - Tue, 2015-04-28 01:11
The BBC's Yalda Hakim travelled to the historical town of Bhaktapur where a rescue operation was underway.

Report: To Aid Combat, Russia Wages Cyberwar Against Ukraine

NPR News - Tue, 2015-04-28 01:00

Cyberwarfare is a hidden world with few documented examples. In a new report, security researchers detail digital attacks against Ukraine's military, and charge the Russian military as the hacker.

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Record Number Of Amicus Briefs Filed In Same-Sex-Marriage Cases

NPR News - Tue, 2015-04-28 01:00

This week's same-sex-marriage cases at the Supreme Court brought in a record number of friend-of-the–court briefs. But truth be told, the justices do not read all of these briefs.

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In pictures: After the Everest avalanche

BBC - Tue, 2015-04-28 00:59
Pictures emerge showing Everest Base Camp on the day after Nepal's earthquake triggered an avalanche which swept away many tents, killing 18 people.

Quake-hit Nepal 'on war footing'

BBC - Tue, 2015-04-28 00:55
Nepal is on a "war footing" as it struggles to meet the overwhelming need following Saturday's earthquake, its prime minister says.

On The Streets Of Baltimore, Trying To Understand The Anger

NPR News - Tue, 2015-04-28 00:53

On the streets, some said violence is the only way to get authorities to pay attention to the plight of blacks in Baltimore. Others said they understood the anger, but not the violence.

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Scots man wins £7.8m lottery jackpot

BBC - Tue, 2015-04-28 00:52
A Bo'ness man is celebrating after winning a jackpot of more than £7.8m in Saturday's National Lottery draw.

UK economic growth slows to 0.3%

BBC - Tue, 2015-04-28 00:42
The rate of economic growth halved in the three months to the end of March, official figures show, continuing a slowdown that began six months ago.

Greek PM sees EU deal by next week

BBC - Tue, 2015-04-28 00:41
Prime Minister Alexis Tsipras says Greece is in the final stretch of talks with the EU and that he believes an interim deal will by in place by 9 May.

Irish woman describes Nepal 'chaos'

BBC - Tue, 2015-04-28 00:36
An Irishwoman caught up in the Nepal earthquake describes harrowing scenes at Kathmandu airport as thousands struggled to escape.

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