In China's Anhui province, a worker unloads steel bars at a factory. A slowdown in China and other major nations threatens to pull the global economy into recession, the International Monetary Fund warns.
Saying that the global economic recovery "has suffered new setbacks, and uncertainty weighs heavily on the outlook," the International Monetary Fund today warned that the probability of "recession in advanced economies and a serious slowdown in emerging market and developing economies" next year have gone up.
The fund said its research indicates the risk of those things occurring in 2013 "has risen to about 17 percent, up from about 4 percent in April 2012."
Good morning. I'm Renee Montagne. Planning a wedding can feel like running a marathon. A couple in Oregon took that metaphor a step further and married while running one. The bride wore white. Her veil attached to a baseball cap. The groom a tuxedo T-shirt. It was a race that sparked their romance. So Eric Johansson and Katie Holmes decided to run 20 miles of the Portland marathon before stopping at a park to exchange vows. Then the newlyweds ran the final 6.2 miles. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
Originally published on Tue October 9, 2012 9:17 am
Saying that the former Penn State assistant football coach had assaulted not only 10 young boys' bodies but also their "psyches and souls," a Pennsylvania judge this morning sentenced Jerry Sandusky to between 30 and 60 years in prison for the sexual abuse of those children.
The Palestinian territories may seem an unlikely place to hold an Oktoberfest beer festival. But since 2005, one small West Bank village has been doing just that. During the festival, the village's largely Christian community swells to nearly 10 times its usual size. Thousands of visitors arrive to sample the many brands of beer produced by the local brewery. And as Sheera Frenkel reports, it also gives the territories a chance to show off a side of itself that many would not have guessed existed.
NPR's business news starts with a passage to India.
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INSKEEP: Federal Reserve Chairman Ben Bernanke and U.S. Treasury Secretary Timothy Geithner meet their counterparts in India today. The U.S. wants to boost economic ties with the country that it on its way to becoming the most populous in the world. Talks have been pushed forward by India's new liberalizing economic reforms.