ECONOMY

Puerto Rico Lobbies Congress For Help In Solving Debt Crisis

6:11pm July 10, 2015

by Greg Allen

Puerto Rico's governor has stepped up efforts to convince Congress to help solve its debt crisis. The U.S. territory wants lawmakers to pass a bill that would extend bankruptcy protection.

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Could Greece's Debt Crisis Become Merkel's Worst Political Failure?

6:07pm July 10, 2015

by Soraya Sarhaddi Nelson

Critics say German chancellor Angela Merkel is being too rigid when it comes to helping Greece with its debt, but she is under intense domestic pressure to resist Greek demands.

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The economic crisis in Greece has divided the country. Here, a pro-euro demonstrator shouts slogans as he holds a European Union flag in front of the Greek Parliament during a rally in Athens on Thursday.

Their Country In Turmoil, Some Greeks Now Lash Out At Each Other

3:17pm July 10, 2015

by Joanna Kakissis

As Greeks argue about how their troubled country should reform, the debate has often turned personal and nationalistic. Some people are even accusing each other of treason.

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Greeks Rally In Athens In Support Of The Euro

3:09pm July 10, 2015

by Eleanor Beardsley

Greeks who want their country to continue using the euro held a rally in Athens Thursday. Many see it as a last-ditch attempt to pressure the government to reach an agreement with its lenders.

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No One Can Drive New Jerseyans Away From Full-Service Gas

2:57pm July 10, 2015

by Joel Rose

With Oregon moving toward allowing self-service, New Jersey will soon be the last state where you cannot legally pump your own gas. But most Garden State drivers seem to like it that way.

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U.S. Financial Markets Keep An Eye On Developments In Greece, China

2:54pm July 10, 2015

For perspective on Greece's economic woes and China's market turmoil, Renee Montagne talks to David Wessel, director of the Hutchins Center on Fiscal & Monetary Policy at the Brookings Institution.

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Stacked rigs are seen along with other idled oil drilling equipment at a depot in Dickinson, N.D., last month. The International Energy Agency forecasts a continued drop in oil prices amid overproduction and falling global demand.

Forecast Says Oil Price Could Fall Amid Weak Demand

1:17pm July 10, 2015

by Scott Neuman

The International Energy Agency, in its latest forecast, says demand will continue to slow well into next year, but that a "rebalance" of the market will eventually stabilize prices.

Army's Planned Troop Reductions Concern Military Communities

12:34pm July 10, 2015

by Sarah McCammon

The Army is preparing to cut 40,000 soldiers as part of defense spending cuts. We visit Hinesville, Ga., which depends heavily on nearby Fort Stewart, one of the places to be scaled back.

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Greece's Forced Exit From The Eurozone Would Be 'Tumultuous'

6:26pm July 09, 2015

NPR's Robert Siegel talks with economists Jeffrey Sachs of Columbia University and Carmen Reinhart of Harvard's Kennedy School about Greece's debt crisis and the larger implications for the eurozone.

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Greece's Debt Crisis Exposes Its Hidden Financial Plumbing

6:26pm July 09, 2015

by David Kestenbaum

Greece is on the verge of an economic nightmare scenario of the modern world. The financial plumbing in Greece is starting to shut down, and the Planet Money podcast finds out the widespread and weird effects.

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