National / International News

Watson races through at Wimbledon

BBC - Tue, 2014-06-24 12:12
Britain's Heather Watson beats Ajla Tomljanovic of Croatia in straight sets to reach the second round at Wimbledon.

The Map Of Native American Tribes You've Never Seen Before

NPR News - Tue, 2014-06-24 12:03

Aaron Carapella couldn't find a map showing the original names and locations of Native American tribes as they existed before contact with Europeans. That's why the Oklahoma man designed his own map.

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The numbers behind the Export-Import bank

Marketplace - American Public Media - Tue, 2014-06-24 11:59

The Export-Import Bank of the United States is a government agency that facilitates exports by U.S. companies. It's been doing this since 1934.

It works like this: A U.S. company wants to sell stuff to a foreign buyer but the foreign buyer needs some kind of financing to buy that stuff. Sometimes, U.S. banks won't offer that financing because the foreign buyer is in an unstable country, or perhaps because the bank doesn't think it's worth it to send someone abroad to vet a small loan that won't be repaid for five years, or otherwise considers lending abroad too risky. And sometimes, foreign banking systems aren't robust enough to offer these kinds of loans themselves, or they charge very high interest rates.

The Export-Import Bank offers insurance on loans to convince a bank to make that loan to a foreign buyer, and sometimes the Export-Import Bank will make that loan itself.

The total amount of international trade facilitated by this in 2013 comes out to $36 billion, a small fraction of the $2.3 trillion in U.S. exports. But the support goes primarily (90 percent) to small businesses, and the large businesses that do use these tools are generally of major economic significance, such as satellite or airline manufacturers.

1.2 million

The number of jobs the Ex-Im Bank reports it has supported since 2009

$2 billion

The amount of money the bank has generated over and above the cost of its operations over the last five years

0.211 percent

The bank's default rate, as reported to Congress this year. That's less than a quarter of one percent.

59

 The number of other export credit agencies around the world competing with the U.S.'s Ex-Im Bank.

(Source: The Export-Import Bank of the United States)

The U.S. Export-Import Bank - by the numbers

Marketplace - American Public Media - Tue, 2014-06-24 11:59

The Export-Import Bank of the United States (Ex-Im Bank) is an independent, self-sustaining government agency that finances the export of American goods and services. For 80 years, it has provided working capital guarantees, trade capital insurance, medium- and long-term loan guarantees, and direct loans to exporters.

1.2 million

The number of jobs the Ex-Im Bank reports it has supported since 2009

$2 billion

The amount of money the bank has generated over and above the cost of its operations over the last five years

0.211%

The bank's default rate, as reported to Congress this year. That's less than a quarter of one percent.

59

 The number of other export credit agencies around the world competing with the U.S.'s Ex-Im Bank.

(Source: The Export-Import Bank of the United States)

I will not resign as captain - Cook

BBC - Tue, 2014-06-24 11:34
England captain Alastair Cook says he has no intention of resigning after the series defeat by Sri Lanka.

What is the biggest business in your home state?

Marketplace - American Public Media - Tue, 2014-06-24 11:28

Here's a bit of trivia that maybe only the host of a business program can love: A map, from a cloud computing company called Broadview Networks, that lists the biggest company by revenue in each of the 50 states.

My favorites? 

In Vermont, the Keurig Green Mountain company, of coffee fame.

Utah, the Huntsman Corporation, of Jon Huntsman 2012 GOP presidential candidate's family.

And Nebraska...c'mon...any guesses? Berkshire Hathaway... of Warren Buffett fame.

 

Draft Of Bob Dylan's 'Like A Rolling Stone' Sells For $2 Million

NPR News - Tue, 2014-06-24 11:18

The scribbled lyrics of one of the most iconic rock songs of all time are recorded on hotel stationery and contain a number of alternative lines as well as doodles of animals.

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Asiana plane crash crew 'at fault'

BBC - Tue, 2014-06-24 11:04
The crew of the Asiana flight that crashed in San Francisco "over-relied on automated systems" the head of the US transport safety agency says.

Teacher's 'misconduct' with boy, 15

BBC - Tue, 2014-06-24 11:02
A former deputy headmaster is given a lifetime teaching ban for an "inappropriate sexual relationship" with a 15-year-old boy.

Spain to return Colombian treasure

BBC - Tue, 2014-06-24 10:59
Spain is to return to Colombia 691 smuggled indigenous artefacts seized from drug gangs in a police operation in 2003.

LeVar Burton on digital learning and Reading Rainbow

Marketplace - American Public Media - Tue, 2014-06-24 10:59

The Reading Rainbow Kickstarter campaign has a week to go. So far, LeVar Burton and his company have raised nearly $4 million.  

And no, they are not planning to use that cash to bring back the TV show from my childhood. 

Instead, Burton is looking to expand the reach of the Reading Rainbow app.  

I asked him why today's version of Reading Rainbow is online instead of on TV.  And why he thinks it's better to teach literacy on a computer. "If you want to reach today's kids," he said, "you need to be on today's technology."

You can listen to part of our conversation here:

 I couldn't resist asking him to sing a few lines of the Reading Rainbow theme song. You can thank me later.

 

Appeal for jihadist to come home

BBC - Tue, 2014-06-24 10:59
Leaders at an Aberdeen mosque appeal for a man who appeared in a recruitment video for the Islamic militant group Isis to come home.

There is no surveillance state - May

BBC - Tue, 2014-06-24 10:58
Britain faces a string of security threats but there is no programme of mass surveillance, the home secretary insists.

Sham marriages 'easy to spot'

BBC - Tue, 2014-06-24 10:56
A registrar tells MPs she can easily spot sham marriages because the couples are "too amorous" - as border inspectors warn of the threat.

Federal Judge Rules No-Fly List Process Is Unconstitutional

NPR News - Tue, 2014-06-24 10:55

The system, the judge ruled, provides no effective way to challenge one's placement on the list, so that violates Americans' constitutional right to due process.

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Bob Dylan lyrics set auction record

BBC - Tue, 2014-06-24 10:51
A working draft of one of Bob Dylan's most popular songs, Like a Rolling Stone, sets a record at auction for a popular music manuscript.

US urges unity to expel Iraq rebels

BBC - Tue, 2014-06-24 10:48
The US secretary of state tells the BBC there must be regional unity to expel Isis rebels, as he holds talks with Kurdish leaders in north Iraq.

Costa Rica 0-0 England

BBC - Tue, 2014-06-24 10:47
England end their poor World Cup 2014 campaign with a goalless draw against Costa Rica to finish bottom of Group D.

Sri Lanka beat England in thriller

BBC - Tue, 2014-06-24 10:32
England lose off the penultimate ball as Sri Lanka win a thrilling second Test at Headingley to secure a series victory.

Militants 'seize women' in Nigeria

BBC - Tue, 2014-06-24 10:27
More than 60 women and children have been abducted in northern Nigeria by suspected militant Islamists, residents and officials say.
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