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Crisis In The Housing Market
2:36 am
Mon February 4, 2013

Foreclosure Process Hammers Florida's Housing Market

Credit Joe Raedle / Getty Images
A sign hangs outside a house in Miami in 2010. Currently, Florida's foreclosure legal process can take a couple of years, which critics say is hurting the housing market.
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Originally published on Mon February 4, 2013 11:09 am

A decade ago, speculators in Florida were pumping up a huge housing bubble.

"You couldn't go wrong," Tampa real estate attorney Charlie Hounchell says. In that overheated period from 2001 to 2006, "you could buy a house and make $100,000 a year later by selling it," he says.

But the party ended in 2007 and the hangover persists. The state now has the highest foreclosure rate in the country, beating out Nevada for the first time in five years.

Experts say the legal process in Florida is the key reason for the sluggish pace of foreclosures there.

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World
2:34 am
Mon February 4, 2013

Tsunami Debris On Alaska's Shores Like 'Standing In Landfill'

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Credit Annie Feidt for NPR
Trash, much of it believed to be debris from the 2011 Japanese tsunami, litters the beach on Montague Island, Alaska, on Jan. 26.
Credit Annie Feidt for NPR
Chris Pallister examines a bottle of what he believes could be a household chemical item on Montague Island.
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By Annie Feidt

Originally published on Wed February 6, 2013 9:51 am

Refrigerators, foam buoys and even ketchup bottles are piling up on Alaska's beaches. Almost two years after the devastating Japanese tsunami, its debris and rubbish are fouling the coastlines of many states — especially in Alaska.

At the state's Montague Island beach, the nearly 80 miles of rugged wilderness looks pristine from a helicopter a few thousand feet up. But when you descend, globs of foam come into view.

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Energy
2:33 am
Mon February 4, 2013

Are Mini-Reactors The Future Of Nuclear Power?

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Credit Ben Bradford / WFAE
The reactor room at Babcock & Wilcox's prototype reactor outside Lynchburg, Va. The reactor vessel is behind the orange curtain.
Credit Courtesy of Babcock & Wilcox
A cutaway rendering of Babcock & Wilcox's mPower reactor. The vertical tubes are the nuclear reactor chambers.
Credit Ben Bradford / WFAE
The outside of Babcock & Wilcox's prototype nuclear reactor. Babcock & Wilcox says its nuclear reactor facilities won't have the trademark cooling towers of traditional nuclear reactors.
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Originally published on Mon February 4, 2013 11:15 am

The U.S. government is investing millions of dollars in what it considers a promising new industry for American manufacturing: nuclear reactors. The plan is to build hundreds of mini-reactors, dot them around the U.S. and export them overseas.

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NPR Story
10:42 am
Fri February 1, 2013

Bomb Explodes Outside U.S. Embassy In Turkey

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By editor

Originally published on Fri February 1, 2013 12:09 pm

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STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

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Asia
7:02 am
Fri February 1, 2013

China's Incoming Leader Bans Extravagant Banquets

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Originally published on Fri February 1, 2013 12:09 pm

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RENEE MONTAGNE, HOST:

Good morning. I'm Renee Montagne. China's incoming president wants to be seen as a man of the people. And he seems to know what the people don't want from their politicians. So for this year's opening of parliament, the president has banned extravagant banquets, gifts, flowers in rooms. And in a parliament filled with handpicked delegates used to launching to endless praise of the party, also banned are longwinded speeches. Plus, empty talk is discouraged. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

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Weekdays 4 to 6 a.m.
STEVE INSKEEP & RENEE MONTAGNE

Every weekday for over three decades, NPR's Morning Edition has taken listeners around the country and the world with two hours of multi-faceted stories and commentaries that inform, challenge and occasionally amuse.Morning Edition is the most listened-to news radio program in the country.

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