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The Two-Way
8:59 am
Fri July 19, 2013

China Scraps Some Controls On Lending Interest Rates

Originally published on Fri July 19, 2013 10:00 am

China's central bank announced that it was removing some controls on the interest rates charged by banks for the loans it issues clients.

Reuters explains that the People's Bank of China said in a statement that it was removing the floor "on lending rates for commercial banks, meaning that banks will now be able to cut rates as much as they see fit to attract borrowers."

Reuters adds:

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The Salt
8:35 am
Fri July 19, 2013

The Ramadan Challenge: Shop And Cook While Hungry And Thirsty

Jehad Outteineh shops at a market near the Damascus gate in the Muslim quarter of Jerusalem's Old City. Around the world, hundreds of millions of Muslims are fasting from sunrise to sunset during Ramadan. Outteineh is shopping for the family's iftar, the meal that breaks the fast.
Emily Harris/NPR

Originally published on Tue July 23, 2013 11:31 am

Around the world, hundreds of millions of Muslims are fasting from sunrise to sunset. The Muslim holy month of Ramadan began last week and continues until Aug. 7. That's 30 days of avoiding food and drink all day. But in many families, someone still has to prepare a hearty, and sometimes festive, dinner every night.

"Ramadan is a big change in routine," says Jehad Outteneh, a Palestinian in Jerusalem who shops and cooks for her family of eight.

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The Two-Way
8:13 am
Fri July 19, 2013

Trying To Restart Peace Talks, Kerry Will Fly To West Bank

Secretary of State John Kerry speaks on the phone at Mafraq Air Base before boarding a helicopter to Amman on Thursday.
Mandel Ngan AFP/Getty Images

Originally published on Sun July 21, 2013 8:45 am

U.S. Secretary of State John Kerry announced a last-minute trip to the West Bank this morning that's intended to jump-start stalled peace talks between Israelis and Palestinians.

The trip comes just hours after the Palestinians said they would not return to the negotiating table unless Israel agreed to begin talks using the borders that existed before 1967, when Israel captured the West Bank, Gaza Strip and east Jerusalem.

The Associated Press reports:

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The Two-Way
7:55 am
Fri July 19, 2013

Book News: J.K. Rowling 'Very Angry' That Law Firm Leaked Her Name

Originally published on Wed July 31, 2013 2:26 pm

The daily lowdown on books, publishing, and the occasional author behaving badly.

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The Two-Way
7:13 am
Fri July 19, 2013

Now That Detroit's Filed For Bankruptcy, What Happens Next?

A portion of downtown Detroit along the Detroit river.
Bill Pugliano Getty Images

Originally published on Fri July 19, 2013 12:59 pm

With its bankruptcy filing Thursday, Detroit became the largest municipality in the United States to seek Chapter 9 protection.

As Scott reported, the city is saddled with $18.5 billion in debt.

Today, we ask, what happens next?

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