9:43am

Tue May 22, 2012
The Two-Way

Existing Home Sales And Prices Both Rose In April

As sales of existing homes rose 3.4 percent in April from March, prices of those previously owned houses, townhouses, condominiums and co-ops also rose, the National Association of Realtors said this morning.

"The recovery appears to be extending to home prices," NAR Chief Economist Lawrence Yun says in a report issued earlier.

Sales were 10 percent above the level of April 2011, NAR adds. Last month's pace: a 4.62 million annual rate.

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8:44am

Tue May 22, 2012
The Two-Way

Europe's Crisis Threatens To Kill Global Economic Recovery, Experts Warn

Unless leaders in Europe act quickly, the financial crisis there could drag down the global economy and kill what appears to be a "fragile, extremely uneven" recovery, the multi-national Organization for Economic Cooperation and Development warned today.

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8:05am

Tue May 22, 2012
The Two-Way

U.S. Ambassador To Afghanistan To Step Down, Reports Say

Ryan Crocker, U.S. ambassador to Afghanistan, last month in Kabul.
Johannes Eisele AFP/Getty Images

Ryan Crocker, the U.S. ambassador to Afghanistan, "is expected to step down soon from his post," sources familiar with the matter tell Reuters and a few other news outlets.

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7:34am

Tue May 22, 2012
The Two-Way

Let's Catch Two: Same Fan Grabs Back-To-Back Home Run Balls

Originally published on Tue May 22, 2012 5:02 pm

Caleb Lloyd, with the ball in his left hand, celebrates after catching the first of the back-to-back home runs that came his way Monday night in Cincinnati.
MLB.com
  • Caleb Lloyd speaking to NPR

"That's just crazy," Cincinnati Reds fan Caleb Lloyd said Monday night after he ended up snagging two home runs balls — from consecutive batters — during the Reds' 4-1 win over the visiting Atlanta Braves.

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6:48am

Tue May 22, 2012
The Two-Way

Word Of Deal To Inspect Iran's Nuclear Program Raises Hopes For Broader Talks

Originally published on Tue May 22, 2012 4:50 pm

International Atomic Energy Agency Director-General Yukiya Amano earlier today in Vienna, after his return from talks in Tehran.
Dieter Nagl AFP/Getty Images

A deal has been agreed to that will facilitate international monitors' effort to investigate whether Iran is trying to develop nuclear weapons, the head of the International Atomic Energy Agency told reporters in Vienna earlier today.

The Financial Times puts the news this way:

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6:19am

Tue May 22, 2012
The Two-Way

'Picture Perfect Launch' For Private Rocket Headed To Space Station

Originally published on Tue May 22, 2012 9:09 am

The Falcon 9 SpaceX rocket lifted off from space launch complex 40 at the Cape Canaveral Air Force Station in Cape Canaveral, Fla., early Tuesday.
John Raoux AP

2:24am

Tue May 22, 2012
Europe

Spain's Beloved Four-Day Weekends Are At Risk

Originally published on Tue May 22, 2012 4:36 am

People relax at a beach in Barcelona, Spain, on a Monday last summer. Many Spanish workers are upset that some traditional four-day holiday weekends might be scaled back to just three days.
Manu Fernandez AP

One of the perks of living in Europe is the generous vacation schedule. But the austerity moves across the continent could be changing that, at least in some places. Portugal, for example, recently cut four of its 14 annual holidays.

And Spain is shuffling its calendar to shorten extended weekends — something the prime minister says it can no longer afford. The change could mean the loss of a celebrated tradition: the four-day weekend.

A Holiday For Bullfighting

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2:23am

Tue May 22, 2012
Middle East

Next Goal For Egypt's Islamists Is The Presidency

Originally published on Tue May 22, 2012 7:28 am

Mohammed Morsi, the Muslim Brotherhood's presidential candidate, appears at a rally in Cairo. Morsi is one of 12 candidates in this week's election and has the full backing of the powerful Islamist group.
Fredrik Persson AP

The Muslim Brotherhood's Freedom and Justice Party was the big winner in Egypt's parliamentary elections, and now the group has its sights set on the presidential election, with voting set for Wednesday and Thursday.

The Brotherhood had initially said it wasn't going to field a candidate for president. But what is arguably Egypt's most powerful and social organization changed its mind at the last minute.

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2:21am

Tue May 22, 2012
Asia

Mongolia's Dilemma: Who Gets The Water?

Originally published on Wed May 23, 2012 9:47 am

Amin-Erdene Galkhuu pumps well water to her family's Bactrian camels in Mongolia's South Gobi region. Herders and mining firms both need water in this arid area.
John Poole NPR

Mongolia, the land of Genghis Khan and nomadic herders, is in the midst of a remarkable transition. Rich in coal, gold and copper, this country of fewer than 3 million people in Central Asia is riding a mineral boom that is expected to more than double its GDP within a decade. The rapid changes simultaneously excite and unnerve many Mongolians, who hope mining can help pull many out of poverty, but worry it will ravage the environment and further erode the nation's distinctive, nomadic identity.

Second of four parts

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2:16am

Tue May 22, 2012
Business

Time To Move Grandma: What To Do With Her Home?

Originally published on Tue May 29, 2012 8:04 am

Frank Christian takes a break from packing in the dining room of his home in Glen Allen, Va., which he co-owned with his mother. The family recently sold the home in order to free up money for Ida's care.
Kainaz Amaria NPR

Making the decision to move a parent out of the homestead can hurt.

The house may be full of good ghosts and happy memories. But it also has too many steps and too much lawn to mow. So the time comes to pack up and move on.

A decade ago, at least one part of that transition wasn't so tough. When the for-sale sign went up, an eager buyer was likely to show up with a good offer. But today, families are facing a much more difficult real estate environment.

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