Efforts to solve the European debt crisis are sure to be front and center when leaders of the 20 big countries that make up the G-20 meet in France later this week. President Barack Obama arrives in France on Thursday for the summit meeting. And NPR's Scott Horsley joins us for a preview. Hey there, Scott.
SCOTT HORSLEY, BYLINE: Hi, Audie. Good to be with you.
CORNISH: So, is there any relief at the White House that European countries appear to be getting a handle on the Greek debt crisis?
For many, losing a home is the definition of hitting bottom. But there are former homeowners finding themselves in an even tighter spot than they thought was possible. They've lost their homes and wrecked their credit ratings. Now lenders are pursuing them for the debt that remains.
Over the next few weeks, European leaders have a big task ahead of them. They have to begin fleshing out that big bailout plan unveiled to so much fanfare in Brussels this week. The plan represents the most comprehensive effort so far to resolve Europe's grinding debt problems, which have done so much damage to the world's financial markets this year, but some issues may require a global effort to solve.
The world is anticipating the birth of its 7 billionth person, as the United Nations predicts that the milestone baby will be born on Monday, Oct. 31. Demographers say the baby might be born in India, where an average of 51 babies are born every minute.
To get a feeling for the kind of world in which our 7 billionth citizen could grow up, it's worth a visit to the place that India's Census Bureau has identified as the densest place in the country.
The attractiveness, and simplicity, of Herman Cain's 9-9-9 plan — a nine percent federal income, corporate and sales tax — has catapulted the Georgia businessman to the head of the Republican presidential field. But for some states, such as New Hampshire, which doesn't have a sales tax, 9-9-9 wouldn't be simple at all.
People in New Hampshire, to put it mildly, dislike taxes.
"New Hampshire is definitely an anti-tax state," says Andy Smith, director of the Survey Center at the University of New Hampshire.
Earlier this week, President Obama announced a plan to help homeowners refinance their mortgages.
The White House says it will help millions of people hold onto their homes through a government-backed modification program. But critics are skeptical the plan will be a success, in part because of the dependence on the good will of banks to voluntarily join up.
Every day for decades, engineer Phil Pressel would come home from work and be unable to tell his wife what he'd been doing all day.
Now, Pressel is free to speak about his life's work: designing cameras for a top-secret U.S. government spy satellite. Officially known as the KH-9 Hexagon, engineers called it "Big Bird" for its massive size.
Until the government declassified it last month, Hexagon had been a secret for 46 years.