Around the Nation
4:22 am
Mon March 4, 2013

Wood From The Hood Repurposes Local Logs

Originally published on Mon March 4, 2013 12:02 pm

Transcript

STEVE INSKEEP, HOST:

We are often urged to buy local, but when people say that, we're usually thinking about food. Now it seems you can aim for local furniture and local building materials. Matt Sepic of Minnesota Public Radio reports on the Minneapolis business that makes everything from hardwood flooring to picture frames from trees cut just down the block.

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Around the Nation
4:18 am
Mon March 4, 2013

Hard-Hit Boise Subdivision Lacks Owner-Occupied Homes

Originally published on Mon March 4, 2013 12:02 pm

Transcript

STEVE INSKEEP, HOST:

The housing market is recovering in much of the country, not so much in Idaho. Home prices dropped by 46 percent in the Boise area during the financial crises. Forty-six percent. Today's business bottom line takes us to the home of a family that rode out the crash and are still waiting for better times. Here's Molly Messick of Boise State Public Radio.

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Economy
4:16 am
Mon March 4, 2013

Sequestration Cuts Will Build Slowly

Originally published on Mon March 4, 2013 12:02 pm

Transcript

STEVE INSKEEP, HOST:

President Obama ordered across-the-board federal spending cuts on Friday night. The $85 billion in cuts are spread across much of the government. The president and many Republicans have called the cuts unwise. But Congress passed them and the president signed them in 2011, and in recent days, they did not agree on a plan to revise or replace them.

We turn to David Wessel to find out what happens now. He is economics editor of The Wall Street Journal. David, welcome back.

DAVID WESSEL: Good morning.

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Around the Nation
4:01 am
Mon March 4, 2013

Will Emergency Manager Help Or Hurt Detroit?

Originally published on Mon March 4, 2013 12:02 pm

Transcript

STEVE INSKEEP, HOST:

Residents of Detroit are absorbing the message sent by Michigan's governor. Rick Snyder swept aside the city's elected officials. He's using his power to appoint an emergency manager to take over city finances. Residents are deeply divided about this move, as we hear from Michigan Radio's Sarah Cwiek.

UNIDENTIFIED WOMAN: Nobody had a comment in regards to the lighting problem?

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Religion
4:01 am
Mon March 4, 2013

Cardinals At Odds Over When To Begin Choosing Next Pope

Originally published on Mon March 4, 2013 12:02 pm

The College of Cardinals is holding its first official meetings at the Vatican on Monday. The top agenda item is choosing which day to start the closed-door conclave that will elect the new pope. With no clear front-runner, the conclave outcome is unpredictable.

The papal resignation has put the cardinals in an unprecedented situation in modern history.

"The real mood is of shock and disappointment — this resignation desacralized the figure of the pope," says Massimo Franco, author of several books about the Vatican. He says a pope cannot be treated like a company CEO.

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Business
4:01 am
Mon March 4, 2013

Business News

Originally published on Mon March 4, 2013 12:02 pm

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with ExxonMobil's defense.

NPR Story
3:56 am
Mon March 4, 2013

Politics In The News

Originally published on Mon March 4, 2013 12:02 pm

Transcript

RENEE MONTAGNE, HOST:

This is MORNING EDITION from NPR News. I'm Renee Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. Good morning.

President Obama spent part of the weekend reaching out to members of Congress. He's still looking for some alternative to the budget cuts that he ordered on Friday. A federal law required the automatic spending cuts and they went into effect, despite widespread agreement that the manner of the cuts was not very bright.

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NPR Story
3:56 am
Mon March 4, 2013

Winery To Experiment With 'Drunken Treasure'

Originally published on Mon March 4, 2013 12:02 pm

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: drunken treasure.

Some wine connoisseurs say that wine recovered from shipwrecks has a unique taste. Could be sheer age but it might be something else about the aging process at the bottom of the ocean.

JIM DYKE: The ocean providing a sort of constant motion to the wine as it sits on the bottom, pressure is different, lack of light, temperature.

RENEE MONTAGNE, HOST:

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NPR Story
3:56 am
Mon March 4, 2013

Ethnic Violence Haunts Kenya's Presidential Election

Originally published on Mon March 4, 2013 12:02 pm

Transcript

RENEE MONTAGNE, HOST:

Kenya votes for a new president today for the first time in five years. It's an important election, in part because the country is still haunted by the ethnic violence that bloodied the last presidential election in 2007. More than 1,200 people were killed and the violence only ended after the international community stepped in. NPR's Gregory Warner is out visiting polling stations and talking to people in Nairobi. He joins us to talk about the election. Good morning, Greg.

GREGORY WARNER, BYLINE: Good morning, Renee.

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Middle East
2:27 am
Mon March 4, 2013

Palestinians Still Feel The Squeeze Of The Restrictions On Gaza

A Palestinian laborer works at the site of a residential construction project funded by the United Nations Relief and Works Agency for Palestine Refugees in Rafah, in the southern Gaza Strip, on Mar. 21, 2012.
Said Khatib AFP/Getty Images

Originally published on Sun March 10, 2013 7:43 am

The streets of Gaza are busy, but they are also crumbling.

Since Hamas took control of the Gaza Strip in 2007, Israel has maintained tight limits on shipments of anything that could be used for military purposes. That includes basic building materials that could be used for bunkers and rocket launching sites.

Ask businessman Ali Abdel Aal what's the toughest thing for him to find, and he'll tell you "cement and gravel."

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