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Economy
3:49 am
Tue September 25, 2012

IMF's Lagarde: Uncertainty Slows Global Recovery

Credit Paul J. Richards / AFP/Getty Images
International Monetary Fund Managing Director Christine Lagarde delivers remarks at the Peterson Institute for International Economics on Monday in Washington, D.C. Lagarde said there are a number of factors eroding growth.

Originally published on Tue September 25, 2012 11:00 am

Managing Director of the International Monetary Fund Christine Lagarde says recent actions by the European Central Bank mark a positive turning point in Europe's financial crisis. But she warned that uncertainty elsewhere will continue to slow the pace of the global recovery.

Back in July, the IMF was forecasting world growth of just under 4 percent for next year. The group's economists will issue a new forecast in a couple of weeks. Lagarde said the new projection still foresees a gradual recovery, but it will shave a few tenths of a percent off global growth.

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Business
3:49 am
Tue September 25, 2012

Business News

Originally published on Tue September 25, 2012 11:00 am

Transcript

(SOUNDBITE OF MUSIC)

DAVID GREENE, HOST:

NPR's business news starts with: somebody restock the shelves.

Apple says it sold more than 5 million of its new iPhone 5s over the weekend. The company says it has now run out of its initial stock. On its debut weekend, the iPhone 5 sold better than the last version of the iPhone. But sales were not quite as strong as many analyst expectations, and there are concerns about Apple's ability to keep up with demand.

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NPR Story
3:41 am
Tue September 25, 2012

The Last Word In Business

Originally published on Tue September 25, 2012 11:00 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business comes from Tony the Tiger.

(SOUNDBITE OF COMMERCIAL)

TONY THE TIGER: They're greeeaaat.

(SOUNDBITE OF MUSIC)

INSKEEP: A simple statement. But Tony may have to learn how to say it in Chinese because its parent company Kellogg just inked a deal with a firm in Singapore.

DAVID GREENE, HOST:

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NPR Story
3:41 am
Tue September 25, 2012

Obama, Romney To Address Clinton Global Initiative

Originally published on Tue September 25, 2012 11:00 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep, good morning.

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It's All Politics
2:29 am
Tue September 25, 2012

Romney Medicaid Remarks Raise Eyebrows

Credit AP
Mitt Romney talks with 60 Minutes correspondent Scott Pelley.

Originally published on Tue September 25, 2012 11:00 am

It's not so much what Mitt Romney said about whether the government should guarantee people health care in his interview on CBS's 60 Minutes Sunday that has health care policy types buzzing. It's how that compares to what he has said before.

To back up a bit, Scott Pelley asked the former Massachusetts governor if he thinks "the government has a responsibility to provide health care to the 50 million Americans who don't have it today?"

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