What used to be a Spanish tradition is now becoming more of an economic necessity.
In Spain, the social safety net that helps people survive the economic crisis has two parts: government benefits and close family ties. The country has the highest rate in Europe of multi-generational families all living together.
With a quarter of Spaniards out of work, more parents pick up their kids from school themselves, in the middle of what would have been a workday.
In Venezuela, people are beginning to talk about what was once unthinkable: Just who could succeed the all-powerful President Hugo Chavez?
He has been battling cancer, which for much of this year forced him to suspend his once-frequent TV appearances. On Monday, Chavez declared himself free of the cancer, though it's not the first time he's said he was cured.
For 13 years, he has consolidated his hold on power while nationalizing farmland and seizing private companies. And now, despite his infrequent appearances, he remains a political force.
Sports is more ubiquitous than ever on television. And sports is almost the only thing that's left, live, on TV. NBC Universal is even going to let Americans see the Olympics live this year.
Nevertheless, despite TV's charm, last week as Andy Murray, Great Britain's homeboy, drew closer to making the Wimbledon final, the word was that tickets for actual Centre Court seats would be scalped for up to £32,000 a pair. If you're not hanging around the currency exchange market, that comes to something like $50,000. For two tickets. To a game.
Originally published on Tue July 10, 2012 10:02 pm
A report from a consumer group released today says that vulnerable owners are losing their homes for owing as little as $400 in back taxes.
The AP reports:
"Outdated state laws allow big banks and other investors to reap windfall profits by buying the houses for a pittance and reselling them, the National Consumer Law Center said in a report being released Tuesday.
This Thursday, Penn State University will release an independent report on the sex-abuse scandal that has rocked the institution and its football program.
After allegations of child abuse surfaced against Jerry Sandusky, the university appointed Judge Louis Freeh to look into how the university handled the case. The university and its leaders including former legendary football coach Joe Paterno have been criticized for what has been characterized as slow action.
Yes, we know, Pie Week is officially over, and we already commemorated your contributions to it with our Storify post on Friday. But one more irresistible pie story came across the transom that we just had to share.
So without further ado, here's NPR listener Marie Metivier-DeMasters' story about how pie changed her life, which we received by email and edited a bit for length and clarity:
Back in the day, Madrid's Palace Hotel was Ernest Hemingway's old haunt, or at least the bar was. Now, rooms at the posh hotel just down from the famed Prado Museum go for up to $6,000 a night. And gathering in its lobby these days? An altogether different type of foreigner: the kind in expensive suits.
"Probably they are institutional investors, hedge funds, sovereign wealth funds," says Federico Steinberg, an economist at Madrid's Elcano Institute.
There's a lot of cash around the world, he says, and a lot of people looking for bargains.