3:20pm

Tue July 31, 2012
The Two-Way

Fannie, Freddie Regulator Holds Firm Against Mortgage Write-Downs

Many experts say reducing mortgage principal can help troubled homeowners avoid foreclosure and stay in their homes. But the regulator who oversees two of the nation's largest mortgage holders, Fannie Mae and Freddie Mac, has rejected the idea.
Justin Sullivan Getty Images

A federal regulator is blocking the government-owned mortgage giants Fannie Mae and Freddie Mac from reducing the principal that homeowners owe on their mortgages in order to avoid foreclosures.

Tuesday's decision came from Edward DeMarco, the acting director of the Federal Housing Finance Agency.

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3:11pm

Tue July 31, 2012
Shots - Health Blog

NIH Official Calls For Extension Of Moratorium On Bird Flu Experiments

National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci said a voluntary halt to bird flu research should stay in effect.
Chip Somodevilla Getty Images

A voluntary moratorium on certain experiments involving forms of bird flu altered in laboratories should continue until there can be more public discussion of safety concerns, a prominent government official told flu researchers at a meeting in New York City Tuesday.

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3:10pm

Tue July 31, 2012
It's All Politics

Obama And Bush's Shared First-Term Obsession: Battleground States

What does President Obama have in common with his immediate White House predecessor?

Both men spent a disproportionate amount of their first terms making appearances in battleground states, Brendan Doherty, a political scientist at the U.S. Naval Academy, writes in a post on The Monkey Cage political-science blog.

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3:08pm

Tue July 31, 2012
The Torch

Phelps Sets New Olympic Record With 19 Medals; America's Schmitt Wins Gold

Originally published on Tue July 31, 2012 4:35 pm

U.S. swimmers Conor Dwyer (left), Michael Phelps, Ryan Lochte, Ricky Berens poses on the podium with their gold medals after winning the men's 4x200m freestyle relay final at the London 2012 Olympic Games.
Fabrice Coffrini AFP/Getty Images

The U.S. men's swimming team has won the 4x200m freestyle relay, in a race that also gave Michael Phelps a record 19 medals in the Olympics. He netted his 18th, a silver, earlier in the day.

Update at 4:05 p.m. EDT: For the relay final, the American team swam in the fourth lane, next to their greatest rivals, the French, who posted the fasted qualifying time. The French are led by Yannick Agnel, who soundly defeated Ryan Lochte and others in the men's 200m freestyle Monday.

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3:06pm

Tue July 31, 2012
Asia

India's Power Woes A Classic Story Of Supply, Demand

Originally published on Wed October 31, 2012 12:25 pm

Muslim girls study by candlelight Monday inside a madrasa, or religious school, in Noida, on the outskirts of New Delhi. Three regional power grids collapsed, causing a massive power outage that blacked out more than half of India.
Parivartan Sharma Reuters /Landov

It might be too early to say what the exact cause of India's latest massive power outage is, but in its simplest form, it probably has something to do with supply and demand –- not enough of the former and too much of the latter.

The outage, which left more than 670 million of the country's 1.2 billion people without power, snarled traffic, shut down electric trains and idled some businesses. Indian officials say they are rapidly restoring power, but it's unclear how soon the situation will be back to normal.

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2:58pm

Tue July 31, 2012
Election 2012

On Iran, Romney's Plan Resembles Obama's Reality

Originally published on Tue July 31, 2012 9:40 pm

Mitt Romney speaks in Jerusalem on Sunday, backing "any and all measures" to keep Iran from developing nuclear weapons.
Uriel Sinai Getty Images

Republican presidential candidate Mitt Romney says America's national security priority should be preventing Iran from acquiring a nuclear weapon, and he was talking tough about this in his recent stop in Jerusalem.

"History teaches with force and clarity that when the world's most despotic regimes secure the world's most destructive weapons, peace often gives way to oppression, to violence, or to devastating war," Romney said. "We must not delude ourselves into thinking that containment is an option."

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2:58pm

Tue July 31, 2012
The Torch

With A Tiger's Help, Orange Juice Helps Lighten The Mood At Olympics

On their bottles, Innocent declares itself the juice of champions — before adding, "rather than bang on about it, we thought we'd show you a picture of a tiger running through his pre-swim checklist." The drinks are a welcome sight at the Olympic media center.
Vickie Walton-James NPR

When you spend hours on end at a media center, even if it's on an assignment as terrific as the Summer Olympics, the refreshments can get to be, well, familiar.

But no contempt has been bred here. That's partly because of Innocent brand juice — the "official smoothie and juice of the London 2012 Olympic games," as the label says.

And any drink that can make us chuckle on deadline is greatly appreciated. Especially if it's what's on the outside of the bottle that makes us laugh.

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2:51pm

Tue July 31, 2012
PG-13: Risky Reads

Grotesque Horror Through A Kid-Sized Window

Originally published on Fri June 14, 2013 2:15 pm

cover detail

Erin Morgenstern is the author of The Night Circus.

There are still days when rain flooding the gutters conjures a picture in my mind of a paper boat being chased by a little boy in a yellow raincoat. The boy's name is Georgie and he is about to meet a rather gruesome fate, smiling up at him from a storm drain.

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2:41pm

Tue July 31, 2012
World

Opera Unfolds When A Cuban Cabaret Is Shut Down

Originally published on Wed August 1, 2012 1:18 pm

Cuban performers ranging from dancers to opera singers were packing in audiences at Havana's El Cabildo restaurant and cabaret. In a case seen as a test of Raul Castro's commitment to economic changes, government inspectors recently closed the restaurant.
Desmond Boylan Reuters /Landov

Ulises Aquino was already one of Cuba's best-known baritones when he founded his own company, Opera de la Calle, or Opera of the Street, in 2006. By combining Cuban rhythms and dance with his formal musical training, he won fans at home and abroad.

Aquino also considers himself a good "revolucionario," meaning he's a loyal supporter of Cuba's socialist system. And when President Raul Castro urged Cubans to increase productivity by starting small businesses, Aquino answered the call.

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1:59pm

Tue July 31, 2012
The Salt

Bhutan Bets Organic Agriculture Is The Road To Happiness

Originally published on Mon October 22, 2012 9:32 am

A Bhutanese farmer puts her harvest of chilies on the roof of a shed to dry and protect it from wild boars, deer, and monkeys in 2006.
James L. Stanfield National Geographic/Getty Images

The tiny Himalayan kingdom of Bhutan drew international attention a few years back for saying gross national happiness should trump gross domestic product when measuring a nation's progress. If you're going to prioritize happiness, the Bhutanese thinking goes, you'd better include the environment and spiritual and mental well-being in your calculations.

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