National / International News

Beef's greater environment burden

BBC - Mon, 2014-07-21 11:08
A new study says the production of beef is around 10 times more damaging to the environment than any other form of livestock.

Historical child abuse support call

BBC - Mon, 2014-07-21 11:04
A Labour MP says it is important police have enough resources to investigate all claims of historical child abuse.

VIDEO: Tulisa's drugs trial collapses

BBC - Mon, 2014-07-21 10:57
Singer and TV star Tulisa Contostavlos's trial over drugs allegations collapses as the judge accuses a prosecution witness of perjury.

Independent help for new pensioners

BBC - Mon, 2014-07-21 10:57
Savers will receive free independent guidance as part of a move to give unfettered access to their pension funds from next year, the government says.

Injured Chisora out of Fury fight

BBC - Mon, 2014-07-21 10:52
Dereck Chisora withdraws from Saturday's title fight against Tyson Fury after fracturing his hand in training.

Summer fun for future Fed chiefs? Maybe.

Marketplace - American Public Media - Mon, 2014-07-21 10:52

If sprinklers, Slip'N Slides and the other joys of summer aren’t wonky enough for your kids, there’s always Fed camp. The Federal Reserve Bank of Richmond runs a summer program for kids in grades K-8. It’s a field-trip destination, with half-day workshops meant to boost children’s basic financial literacy.

Outreach specialist Angela Collier gathers a group of rising kindergarteners around her at the Richmond Fed. They’re four- and five-year-olds in bright orange T-shirts, visiting from Camp Primrose.

In her best ‘this-is-awesome’ voice she tells them, “We’re gonna be talking about goods. And services. And consumers and producers and spending and saving.”

Oh yeah, it’s Fed boot camp.

“Uh, I wouldn’t call it Fed boot camp,” Melanie Rose quickly corrects. She oversees the Richmond Fed’s economic education programs, including its Summer Camp Challenge.

Is she at least scouting for the next Janet Yellen? Or Ben Bernanke?

Well, if we happen to find one I’m sure we would take him,” she says. “But no.”

Really, this is more like Fed-lite. It’s a chance for almost a thousand kids to stop by, play games about personal finance, and build their economic knowledge. But let’s just say you were secretly grooming future Fed chairs. You’d start young, right?

Step One: Establish everyone’s weight in gold.

“Probably all of you weigh about … one and a half, maybe two gold bars,” Collier tells the 40-pound kindergarteners. They’re standing in front of a gold brick that weighs 401.75 troy ounces.

Now that they’ve got the gold standard down, it’s time for Step Two: Master the difference between a good and a service.

A good, Collier says, is “something you can touch and feel and take home. Can you think of anything that would be an example of a good?” she asks.

“Play dough?” suggests camper A.J. Salvatto.

“Play dough is a great example of a good!” Collier cries.

Well done, A.J. Save that kid a space on the Federal Open Market Committee.

Step Three: Practice. The kids turn over cards, with pictures of cars and clocks and waiters. They try to identify goods and services. There are a lot of question marks in their little voices.

“Uh, a service?” asks one.

“A good?” asks a bunch of them.

Camper Tony Cavero nails it. He holds up pictures of firefighters.

“Are they providing a good or a service?” Angela Callier asks.

“A service,” he replies.

Tony Cavero: destined for the Board of Governors.

Now, older kids come through the Fed summer camp challenge too. But these little guys showed so much promise, we asked them about the biggest lesson learned from their day at the Richmond Fed.

Like Skanda Athreya, whose dad is an economist there, they all mention the same thing: the bus ride.

“I learned on the bus, when the driver’s driving, don’t distract your driver, ‘cause it can make him get in a car crash,” Skanda says.

Which in the coded language of Fed-speak says a whole lot about how to manage the economy.

Police arrest death still unexplained

BBC - Mon, 2014-07-21 10:47
Authorities have yet to determine a cause of death for Eric Garner after he succumbed during an arrest in New York City.

Skull fracture in 'targeted attack'

BBC - Mon, 2014-07-21 10:24
A 16-year-old boy suffers a fractured skull in what police think was a targeted home attack.

US hospital in $190m 'abuse' payout

BBC - Mon, 2014-07-21 10:23
Johns Hopkins Hospital agrees to pay $190m to thousands of women who joined a legal case claiming a gynaecologist secretly recorded them.

'Broken' Gerrard's painful England exit

BBC - Mon, 2014-07-21 10:17
Steven Gerrard's England story was without a happy ending

Dzhokhar Tsarnaev's Friend Convicted For Impeding Bombing Inquiry

NPR News - Mon, 2014-07-21 10:04

Azamat Tazhayakov has been found guilty on some obstruction of justice charges, and not guilty of others. He was accused of removing evidence from Dzhokhar Tsarnaev's dorm room.

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VIDEO: 'Chaos and death' in Gaza hospital

BBC - Mon, 2014-07-21 09:56
At least five people have been killed and 70 injured by an Israeli strike on a hospital in Gaza, Palestinians say.

Could The Conflict In Ukraine Turn Into A Regional War?

NPR News - Mon, 2014-07-21 09:53

Nearly 300 people died after a Malaysian Airlines plane crashed near the Russian-Ukrainian border. European security expert F. Stephen Larrabee explains what this might mean for the volatile region.

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Understanding The Basics Of the Conflict In Gaza

NPR News - Mon, 2014-07-21 09:53

Fighting between Israel and Hamas escalated over the weekend as Israeli forces shelled the town of Shejaia in Gaza. Host Michel Martin learns the latest from Zack Beauchamp of Vox.

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From Scratch Or Not? French Restaurant Law Stirs Controversy

NPR News - Mon, 2014-07-21 09:51

A French law requires restaurants that sell homemade food to display a label on their menu to distinguish them from places that use frozen or vacuum-packed food. But critics say the law is too vague.

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Rory returns with Open Claret Jug

BBC - Mon, 2014-07-21 09:32
Golfer Rory McIlroy returned to Northern Ireland on Monday afternoon clutching the coveted Claret Jug.

Dicks finds women's football 'refreshing'

BBC - Mon, 2014-07-21 09:30
"They used to apologise in training when they went in with a tough tackle on their team-mate. I'm not having that."

Wiggins to only ride track in Glasgow

BBC - Mon, 2014-07-21 09:22
Sir Bradley Wiggins says he will only ride in the team pursuit at the Commonwealth Games, pulling out of the road events.

VIDEO: Susan Boyle carries Queen's Baton

BBC - Mon, 2014-07-21 09:14
Singer Susan Boyle has visited children in a hospital in Glasgow, taking a taste of the Commonwealth Games with her as she carried the Queen's Baton.

Thousands descend for Glasgow 2014

BBC - Mon, 2014-07-21 09:09
Thousands of athletes and officials are descending on Glasgow in preparation for the start of the Commonwealth Games on Wednesday.
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