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[美国国家公共广播] 【整理】NPR 2008-07-14

NPR NEWS 2008-07-14
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【整理】2008-07-14【整理人】April18

Transcript

Special thanks to LULU THE MESSIAH

Welcome to Our Elysium (Click here)

 

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practice100同学昨天的问题已答复,有兴趣的朋友也可去看看  http://forum.putclub.com/viewthread.php?tid=140829&extra=page%3D1

 

From NPR News in Washington, I'm Craig Windham.


The White House, the Treasury Department and the Federal Reserve have announced steps aimed at shoring up confidence in the nation's two largest mortgage finance companies, Fannie Mae and Freddie Mac. The administration is asking Congress to approve a legislation giving the government the authority to buy billions of dollars in stock in the two firms and to allow the Treasury to expand their current lines of credit. The administration is hoping the moves will ease the anxiety of investors. But economist Peter Morici with University of Maryland says further gyrations in the stock market are likely. "Right now is the time to invest for the long term. The stock market is not going to stabilize until America's banks stabilize. And that begins in New York. The largest New York banks are not well-run right now." In a statement this evening, Treasury Secretary Henry Paulson said Fannie Mae and Freddie Mac play a central role in the nation's housing finance system, a role that's especially important as the nation works through what Paulson called "the current housing correction".

 

France's President Nicholas Sarkozy has launched a new 43-nation Union for the Mediterranean, calling on nations of the Middle East to follow the model set by Europe in seeking reconciliation and peace. Leaders of the nations involved have been meeting in Paris, as the BBC's Mark Mardell reports.


President Sarkozy clutched the hand(s) of the Israeli Prime Minister Ehud Olmert and the leader of the Palestinian authority Mahmoud Abbas and dragged them together into something like a handshake. The Israeli Prime Minister, in trouble with new corruption allegations at home, was effusive and said a deal with the Palestinians had never been closer. Since its conception just over a year ago, it's never been quite clear what President Sarkozy's brainchild, the Mediterranean Union, was for. Now, he's probably saved it from criticism by putting as its central purpose an end to one of the world's most intractable conflicts. The BBC's Mark Mardell in Paris.

 

Gasoline prices have edged up a bit over the past three weeks, but just barely, up by one and a half cents a gallon. Steve Beckner of Market News International has more.


The latest surveys of service stations around the country by the AAA motorist club and the Lundberg Organization showed the average pump price of regular unleaded gasoline at around $4.11 per gallon. Alaska and California have the highest prices; South Carolina the lowest. But drivers of gas-powered vehicles should be glad they're not burning diesel fuel. Diesel, used by most trucks and buses, not to mention ships and locomotives, is now averaging nearly $4.82 per gallon. And diesel has risen almost twice as fast as gas over the past year. For NPR News, I'm Steve Beckner.

 

Taliban militants attacked a NATO outpost in Afghanistan before dawn today. Nine American troops were killed; about fifteen other soldiers were wounded. The attack touched off several hours of heavy fighting near the border with Pakistan.

 

This is NPR News from Washington.


Canadians are crossing the US border in growing numbers to buy new cars in the United States. As Dan Karpenchuck reports, even though the Canadian and US dollars are about equal in value, the prices for new vehicles in the two countries are not.


Cross-border new vehicle buying by Canadians is reaching a frenzied pace. The North American Automobile Trade Association says last year, Canadians bought close to 190, 000 vehicles in the US. But already halfway through this year, the number has reached in excess of 151, 000. It's a huge increase and could double by the end of the year. The association says Canadian consumers have become acutely aware of just how much money they can save by buying in the US. The numbers began soaring last year as the Canadian dollar gained strength. Automobile dealers in Canada began cutting prices, but there are still huge differences. A base model Honda Civic sells for $2,000 less in the US and for the Chevrolet Impala, the difference is almost $3,000. Many consumers in Canada say those kinds of price differences can’t be justified. For NPR News, I'm Dan Karpenchuck in Toronto.

 


Thunderstorms have been providing some help to firefighters battling hundreds of wildfires in California. But in some areas, downpours triggered mudslides that posed further challenges for weary fire crews. Cal Fire spokesman Mike Mohler says more help is on the way. "We have multiple fires across the state. We've been spreading resources throughout the state. We have resources not only statewide from different communities, nationwide and we also are gonna get in some international resources here within the next day or two." Mohler says firefighters have made progress containing the blaze north of Sacramento that once threatened thousands of homes as well as the blaze along the Big Sur coastal area.

 

I'm Craig Windham, NPR News, in Washington.


 

[ 本帖最后由 April18 于 2008-7-15 22:14 编辑 ]

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支持普特英语听力就多多发帖吧!您们的参与是对斑竹工作最大的肯定与支持!如果您觉得还不错,推荐给周围的朋友吧~

 

    

 

 

From NPR news in Washington, I'm Craig Windham.
 
The White House, the Treasury Department and the Federal Reserve have announced steps aimed at shoring up confidence in the nation's two largest mortgage finance companies Fannie Mae and Freddie Mac. The administration is asking Congress to approve the legislation giving the government the authority to buy billions of dollars in stock commit to firms. And to allow the treasury to expand their current lines of credit. The administration is hoping the moves will ease the anxiety of investors. But economist Peter Morici with the University of Maryland says further gyrations in the stock market are likely. "Right now is the time to invest for the long term. The stock market is not going to stabilize until America's banks stabilize, and that begins in New York. The largest New York banks are not well run right now." In a statement this evening, Treasury Secretary Henry Paulson said Fannie Mae and Freddie Mac play a central role in the nation's housing finance system, a role that's especially important, as the nation works through what Paulson called, "the current housing correction".

 

France's president Nicholas Sarkozy has launched a new 43-nation-union for the Mediterranean. Calling on nations of the Middle East to follow the model set by Europe and seeking reconciliation and peace. Leaders of the nations involved have been meeting in Paris as the BBC's Mark Mardell reports.


"Presidents Sarkozy clutched the hand to the Israeli Prime Minister Ehud Olmert and the leader of the Palestinian authority Mahmoud Abbas and dragged them together
into something like a handshake. The Israeli Prime Minister in trouble with new corruption allegations at home, was effusive and said the deal with the Palestinians have never been closer. Since his conception just over a year ago, it's never been quite clear what President Sarkozy's brainchild of the Mediterranean union was for. Now he's probably saved him from criticism by putting it as a central purpose and into one of the world's most intractable conflicts."  The BBC's Mark Mardell in Paris.

Gasoline prices have edged up a bit over the past three weeks but just barely up by one and a half cents a gallon Steve Backner of Market News International has more.


"The latest surveys of service stations around the country by the AAA motorist club and the Lundberg Organization, showed the average pump price of regular unleaded gasoline at around four dollars and eleven cents per gallon. Alaska and California have the highest prices, South Carolina the lowest. But drivers of gas-powered vehicles should be glad they're not burning diesel fuel. Diesel used by most trucks and buses not to mention ships and locomotives, is now averaging nearly four dollars 82 cents per gallon. And diesel has risen almost twice as fast as gas over the past year. For NPR news I'm Steve Backner."


Taliban militants attacked a NATO outpost in Afghanistan before dawn today. Nine American troops were killed, about fifteen other soldiers were wounded. The attack touched off several hours of heavy fighting near the border with Pakistan.


This is NPR news from Washington.


Canadians are crossing the US border in growing numbers to buy new cars in the United States. As Dan Carpenchuck reports even though the Canadian and US dollars are about equal in value. The prices for new vehicles in the two countries are not.


"Cross border in new vehicle buying by Canadians is reaching a frenzied pace. The North American Automobile Trade Association says last year Canadians' bought close to 190,000 vehicles in the US. But already halfway through this year, the number has reached in excess of a 151,000. It's a huge increase and could double by the end of the year. The association says Canadian consumers have become acutely aware of just how much money they can save by buying in the US. The numbers began soaring last year as the Canadian dollar gained strength. Automobile dealers in Canada began cutting prices but there are still huge differences. A base model Honda Civic sells for 2,000 dollars less in the US and for the Chevrolet Impala, the difference
is almost 3,000 dollars. Many consumers in Canada say those kinds of price differences can be justified. For NPR News, I'm Dan Carpenchuck in Toronto."


Thunderstorms have been providing some help to firefighters battling hundreds of wildfires in California. But in some areas, downpours triggered mudslides have post further challenges for * fire crews. * fire spokesman Mike Mohler says more help is on the way.  "We have multiple fires across the state. We've been sprayed resources through out the state. We have resources not only statewide from different communities nationwide and we also are gonna get some international resources here within the next day or two." Mohler says firefighters have made progress containing the blaze north of Sacramento, the one's threatened thousands of homes as well as the blaze along the Big Sur coastal area.

I'm Craig Windham, NPR News, in Washington.


 

 

 

 


 

[ 本帖最后由 practice100 于 2008-7-14 10:14 编辑 ]
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From NPR News in Washington, I'm Craig Windham.


The White House, the Treasury Department and the Federal Reserve have announced steps aimed at shoring up confidence in the nation's two largest mortgage finance companies Fannie Mae and Freddie Mac. The administration is asking Congress to approve the legislation giving the government the authority to buy billions of dollars in stock commit to firms. And to allow the treasury to expand their current lines of credit. The administration is hoping the moves will ease the anxiety of investors. But economist Peter Morici with the University of Maryland says further gyrations in the stock market are likely. "Right now is the time to invest for the long term. The stock market is not going to stabilize until America's banks stabilize, and that begins in New York. The largest New York banks are not well run right now. " In a statement this evening, Treasury Secretary Henry Paulson said Fannie Mae and Freddie Mac play a central role in the nation's housing finance system, a role that's especially important, as the nation works through what Paulson called, "the current housing correction".

 

French's president Nicholas Sarkozy has launched a new 43-nation-union for the Mediterranean. Calling on nations of the Middle East to follow the model set by Europe and seeking reconciliation and peace. Leaders of the nations involved have been meeting in Paris as the BBC's Mark Mardell reports.


"Presidents Sarkozy clutched the hand to the Israeli Prime Minister Ehud Olmert and the leader of the Palestinian authority Mahmoud Abbas and dragged them together into something like a handshake. The Israeli Prime Minister in trouble with new corruption allegations at home, was effusive and said the deal with the Palestinians have never been close up. Since his conception just over a year ago, it's never been quite clear what President Sarkozy's brainchild of the Mediterranean union was for. Now he's probably saved him from criticism by putting it as a central purpose and into one of the world's most intractable conflicts. " The BBC's Mark Mardell in Paris.

 

Gasoline prices have edged up a bit over the past three weeks but just barely up by one and a half cents a gallon. Steve Backner of Market News International has more.


"The latest surveys of service stations around the country by the AAA Motorist Club and the Lundberg Organization, showed the average pump price of regular unleaded gasoline at around $4.11 per gallon. Alaska and California have the highest prices, South Carolina the lowest. But drivers of gas-powered vehicles should be glad they're not burning diesel fuel. Diesel used by most trucks and buses not to mention ships and locomotives, is now averaging nearly $4.82 per gallon. And diesel has risen almost twice as fast as gas over the past year. For NPR news I'm Steve Backner. "


Taliban militants attacked a NATO outpost in Afghanistan before dawn today. Nine American troops were killed, about fifteen other soldiers were wounded. The attack touched off several hours of heavy fighting near the border with Pakistan.


This is NPR News from Washington.


Canadians are crossing the US border in growing numbers to buy new cars in the United States. As Dan Carpenchuck reports even though the Canadian and US dollars are about equal in value. The prices for new vehicles in the two countries are not.


"Cross border in new vehicle buying by Canadians is reaching a frenzied pace. The North American Automobile Trade Association says last year Canadians' bought close to 190, 000 vehicles in the US. But already halfway through this year, the number has reached in excess of a 151, 000. It's a huge increase and could double by the end of the year. The association says Canadian consumers have become acutely aware of just how much money they can save by buying in the US. The numbers began soaring last year as the Canadian dollar gained strength. Automobile dealers in Canada began cutting prices but there are still huge differences. A base model Honda Civic sells for 2, 000 dollars less in the US and for the Chevrolet Impala, the difference is almost 3, 000 dollars. Many consumers in Canada say those kinds of price differences can be justified. For NPR News, I'm Dan Carpenchuck in Toronto. "


Thunderstorms have been providing some help to firefighters battling hundreds of wildfires in California. But in some areas, downpours triggered mudslides have post further challenges for * fire crews. Cal fire spokesman Mike Mohler says more help is on the way. "We have multiple fires across the state. We've been sprayed resources throughout the state. We have resources not only statewide from different communities nationwide and we also are gonna get some international resources here within the next day or two. " Mohler says firefighters have made progress containing the blaze north of Sacramento, the one's threatened thousands of homes as well as the blaze along the Big Sur coastal area.

 

I'm Craig Windham, NPR News, in Washington.
 

[ 本帖最后由 jxzhope 于 2008-7-14 10:54 编辑 ]
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实现无障碍英语沟通

on jxzhope

From NPR news in Washington, I'm Craig Windham.


The White House, the Treasury Department and the Federal Reserve have announced steps aimed at shoring up confidence in the nation's two largest mortgage finance companies Fannie Mae and Freddie Mac. The administration is asking Congress to approve the legislation giving the government the authority to buy billions of dollars in stock commit to firms, and to allow the treasury to expand their current lines of credit. The administration is hoping the moves will ease the anxiety of investors. But economist Peter Morici with the University of Maryland says further gyrations in the stock market are likely. "Right now is the time to invest for the long term. The stock market is not going to stabilize until America's banks stabilize, and that begins in New York. The largest New York banks are not well run right now. “In a statement this evening, Treasury Secretary Henry Paulson said Fannie Mae and Freddie Mac play a central role in the nation's housing finance system, a role that's especially important, as the nation works through what Paulson called, "the current housing correction".

 

French's president Nicholas Sarkozy has launched a new 43-nation-union for the Mediterranean. Calling on nations of the Middle East to follow the model set by Europe and seeking reconciliation and peace. Leaders of the nations involved have been meeting in Paris as the BBC's Mark Mardell reports.


"President/ Sarkozy clutched the hand of the Israeli Prime Minister Ehud Olmert and the leader of the Palestinian authority Mahmoud Abbas and dragged them together into something like a handshake. The Israeli Prime Minister in trouble with new corruption allegations at home, was effusive and said the deal with the Palestinians had never been close up. Since his conception just over a year ago, it's never been quite clear what President Sarkozy's brainchild of the Mediterranean union was for. Now he's probably saved it from criticism by putting it as a central purpose and into one of the world's most intractable conflicts. “ The BBC's Mark Mardell in Paris.

 

Gasoline prices have edged up a bit over the past three weeks but just barely up by one and a half cents a gallon. Steve Backner of Market News International has more.


"The latest surveys of service stations around the country by the AAA motorist club and the Lundberg Organization, showed the average pump price of regular unleaded gasoline at around four dollars and eleven cents per gallon. Alaska and California have the highest prices, South Carolina the lowest. But drivers of gas-powered vehicles should be glad they're not burning diesel fuel. Diesel used by most trucks and buses not to mention ships and locomotives, is now averaging nearly four dollars 82 cents per gallon. And diesel has risen almost twice as fast as gas over the past year. For NPR news I'm Steve Backner. "


Taliban militants attacked a NATO outpost in Afghanistan before dawn today. Nine American troops were killed; about fifteen other soldiers were wounded. The attack touched off several hours of heavy fighting near the border with Pakistan.


This is NPR News from Washington.


Canadians are crossing the US border in growing numbers to buy new cars in the United States. As Dan Carpenchuck reports even though the Canadian and US dollars are about equal in value. The prices for new vehicles in the two countries are not.


"Cross-border / new vehicle buying by Canadians is reaching a frenzied pace. The North American Automobile Trade Association says last year Canadians bought close to 190, 000 vehicles in the US. But already halfway through this year, the number has reached in excess of a 151, 000. It's a huge increase and could double by the end of the year. The association says Canadian consumers have become acutely aware of just how much money they can save by buying in the US. The numbers began soaring last year as the Canadian dollar gained strength. Automobile dealers in Canada began cutting prices but there are still huge differences. A base model Honda Civic sells for 2, 000 dollars less in the US and for the Chevrolet Impala, the difference is almost 3, 000 dollars. Many consumers in Canada say those kinds of price differences can be justified. For NPR News, I'm Dan Carpenchuck in Toronto. "


Thunderstorms have been providing some help to firefighters battling hundreds of wildfires in California. But in some areas, downpours triggered mudslides have post further challenges for * fire crews. Cal fire spokesman Mike Mohler says more help is on the way. "We have multiple fires across the state. We've been sprayed resources throughout the state. We have resources not only statewide from different communities nationwide and we also are gonna get some international resources here within the next day or two. " Mohler says firefighters have made progress containing the blaze north of Sacramento, the one's threatened thousands of homes as well as the blaze along the Big Sur coastal area.

 

I'm Craig Windham, NPR News, in Washington.
 

 

 

1

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From NPR news in Washington, I'm Craig Windham.


The White House, the Treasury Department and the Federal Reserve have announced steps aimed at shoring up confidence in the nation's two largest mortgage finance companies Fannie Mae and Freddie Mac. The administration is asking Congress to approve a legislation giving the government the authority to buy billions of dollars in stock commit to firms, and to allow the Treasury to expand their current lines of credit. The administration is hoping the moves will ease the anxiety of investors. But economist Peter Morici with the University of Maryland says further gyrations in the stock market are likely.

 

"Right now is the time to invest for the long term. The stock market is not going to stabilize until America's banks stabilize, and that begins in New York. The largest New York banks are not well-run right now."

 

In a statement this evening, Treasury Secretary Henry Paulson said Fannie Mae and Freddie Mac play a central role in the nation's housing finance system, a role that's especially important, as the nation works through what Paulson called, "the current housing correction".

 

 

France's president Nicholas Sarkozy has launched a new 43-nation Union for the Mediterranean, calling on nations of the Middle East to follow the model set by Europe and seeking reconciliation and peace. Leaders of the nations involved have been meeting in Paris as the BBC's Mark Mardell reports.


"President Sarkozy clutched the hand of the Israeli Prime Minister Ehud Olmert and the leader of the Palestinian authority Mahmoud Abbas and dragged them together into something liked a handshake. The Israeli Prime Minister, in trouble with new corruption allegations at home, was effusive and said the deal with the Palestinians had never been closer. Since his conception just over a year ago, it's never been quite clear what President Sarkozy's brainchild of the Mediterranean Union was for. Now he's probably saved it from criticism by putting it as its central purpose and into one of the world's most intractable conflicts." The BBC's Mark Mardell in Paris.

 

 

Gasoline prices have edged up a bit over the past three weeks but just barely up by one and a half cents a gallon. Steve Backner of Market News International has more.


"The latest surveys of service stations around the country by the AAA motorist club and the Lundberg Organization showed the average pump price of regular unleaded gasoline at around $4.11 per gallon. Alaska and California have the highest prices, South Carolina the lowest. But drivers of gas-powered vehicles should be glad they're not burning diesel fuel. Diesel, used by most trucks and buses, not to mention ships and locomotives, is now averaging nearly $4.82 per gallon. And diesel has risen almost twice as fast as gas over the past year. For NPR news I'm Steve Backner."

 


Taliban militants attacked a NATO outpost in Afghanistan before dawn today. Nine American troops were killed; about fifteen other soldiers were wounded. The attack touched off several hours of heavy fighting near the border with Pakistan.

 


This is NPR News from Washington.

 


Canadians are crossing the US border in growing numbers to buy new cars in the United States. As Dan Carpenchuck reports, even though the Canadian and US dollars are about equal in value, the prices for new vehicles in the two countries are not.


"Cross-border new vehicle buying by Canadians is reaching a frenzied pace. The North American Automobile Trade Association says last year Canadians bought close to 190, 000 vehicles in the US. But already halfway through this year, the number has reached in excess of a 151, 000. It's a huge increase and could double by the end of the year. The association says Canadian consumers have become acutely aware of just how much money they can save by buying in the US. The numbers began soaring last year as the Canadian dollar gained strength. Automobile dealers in Canada began cutting prices but there are still huge differences. A base model Honda Civic sells for 2, 000 dollars less in the US and for the Chevrolet Impala, the difference is almost 3, 000 dollars. Many consumers in Canada say those kinds of price differences can be justified. For NPR News, I'm Dan Carpenchuck in Toronto."

 


Thunderstorms have been providing some help to firefighters battling hundreds of wildfires in California. But in some areas, downpours, triggered mudslides, have posed further challenges for weary fire crews. Cal-Fire spokesman Mike Mohler says more help is on the way.

 

"We have multiple fires across the state. We've been spraying resources throughout the state. We have resources not only statewide from different communities, nationwide and we also are gonna get some international resources here within the next day or two."

 

Mohler says firefighters have made progress containing the blaze north of Sacramento, the one's threatened thousands of homes as well as the blaze along the Big Sur coastal area.

 

 

I'm Craig Windham, NPR News, in Washington.
 

 

1

评分次数

hw

From NPR News in Washington, I`m Craig Windham.

 

The White House, the Treasure Department and the Federal Reserve have announced steps aimed at assuring up confidence in the nation`s two largest mortgage finance companies Fannie Mae and Freddie Mac. The administration is asking congress to approve legislation giving the government the authority to buy billions of dollars in stock in the two firms, and to allow the treasury to expand their current lines of credit. The administration is hoping the moves will ease the anxiety of investors, but economist Peter Moroci with the University of Maryland says further gyrations in the stock market are likely.

 

“Right now it`s a time to invest for the long term, and the stock market is not going to stabilize until America`s bank stabilize, and that begins in New York. The largest New York banks are not well-run right now.”

 

In a statement this evening, Treasury Secretary Henry Paulson said Fannie Mae and Freddie Mac play a central role in the nation`s housing finance system are ruled that especially important as the nation works through what Paulson called ‘the current housing correction’.

 

France`s President Nicolas Sarkozy has launched to new 43 nation union for the Mediterranean, calling on nations of the Middle East to follow the model set by Europe, and seeking reconciliation and peace. Leaders of the nations involved have been meeting in Paris as the BBC`s Mark Mardell reports.

 

President Sarkozy * the hand of the Israeli Prime Minister Ehud Olmert and the leader of the Palestinian Authority Mahmud Abbas, and dragged them together into something like a handshake. Israeli Prime Minister in trouble with new corruption allegations at home was effusive and said the deal with the Palestinians had never been closed up. Since its conception just over a year ago, it`s never been quite clear what President Sarkozy`s brainchild of the Mediterranean Union was for, now he`s probably saved it from criticism by putting his central purpose and into one of the world`s most intractable conflicts.

 

The BBC`s Mark Mardell in Paris.

 

Gasoline prices have edged up a bit over the past three weeks, but just barely up by 1.5 cents a gallon, Steve Backner of Market News International has more.

 

The latest surveys of service stations around the country by the AAA Motorist Club and the Lundberg Organization show the average pump price of regular unleaded gasoline at around $4.11 per gallon, Alaska and California have the highest prices, South Carolina the lowest. But drivers of gas powered vehicles should be glad they are not burning diesel fuel, diesel used by most trucks and buses, not to mention ships and local motives is now averaging nearly $4.82 per gallon, and diesel has risen almost twice as fast as gas over the past year. For NPR News, I`m Steve Backner.

 

Taliban militants attacked a NATO outpost in Afghanistan before dawn today, 9 American troops were killed, about 15 other soldiers were wounded. The attack touched off several hours of heavy fighting, near the border with Pakistan.

 

This is NPR News from Washington.

 

Canadians are crossing the US border in growing numbers to buy new cars in the United States. As Dan Karpenchuk reports even though the Canadian and US dollars are about equal in value, the prices for new vehicles in the two countries are not.

 

Cross border new vehicle buying by Canadians is reaching a frenzy pace, the North American Automobile Trade Association says last year, Canadians` bought close to 190 thousand vehicles in the US, but already halfway through this year, the number is reached in excess of 151 thousand, it`s a huge increase and could double by the end of the year. The association says Canadian consumers have become acutely aware of just how much money they can save by buying in the US, the numbers began soaring last year is the Canadian dollar gain strength, automobile dealers in Canada began cutting prices but there are still huge differences. A base model Honda Civic sales for 2000 dollars less than the US for the Chevrolet Impala, the differences almost 3000 dollars. Many consumers in Canada say those kinds of price differences can be justified. For NPR News, I`m Dan Karpenchuk in Toronto.

 

Thunderstorms have been providing some help to firefighters battling hundreds of wildfires in California, but in some areas, downpours triggered mudslides have posed further challenges for weary fire crews. Cal Fire spokesman Mike Moller says more help is on the way.

 

We have multiple fires across the state, and we`ve been sprayed resources throughout the state, we have resources not only statewide from different communities nationwide, and we also gonna get in some international resources here within the next day or two.

 

Moller says fire fighters have made progress containing the blaze north of Sacramento that once threatened thousands of homes as well as the blaze along the Big Sur coastal area.

 

I`m Craig Windham, NPR News in Washington.

 

on seatail

From NPR news in Washington, I'm Craig Windham.


The White House, the Treasury Department and the Federal Reserve have announced steps aimed at shoring up confidence in the nation's two largest mortgage finance companies Fannie Mae and Freddie Mac. The administration is asking Congress to approve a legislation giving the government the authority to buy billions of dollars in stock
in the two firms, and to allow the Treasury to expand their current lines of credit. The administration is hoping the moves will ease the anxiety of investors. But economist Peter Morici with the University of Maryland says further gyrations in the stock market are likely.

 

"Right now is the time to invest for the long term. The stock market is not going to stabilize until America's banks stabilize, and that begins in New York. The largest New York banks are not well-run right now."

 

In a statement this evening, Treasury Secretary Henry Paulson said Fannie Mae and Freddie Mac play a central role in the nation's housing finance system, a role that's especially important, as the nation works through what Paulson called, "the current housing correction".

 

France's president Nicholas Sarkozy has launched a new 43-nation Union for the Mediterranean, calling on nations of the Middle East to follow the model set by Europe and seeking reconciliation and peace. Leaders of the nations involved have been meeting in Paris as the BBC's Mark Mardell reports.


"President Sarkozy clutched the hand of the Israeli Prime Minister Ehud Olmert and the leader of the Palestinian authority Mahmoud Abbas and dragged them together into something like
/d/ a handshake. The Israeli Prime Minister, in trouble with new corruption allegations at home, was effusive and said the deal with the Palestinians had never been closer. Since his conception just over a year ago, it's never been quite clear what President Sarkozy's brainchild of the Mediterranean Union was for. Now he's probably saved it from criticism by putting it as its central purpose and into one of the world's most intractable conflicts." The BBC's Mark Mardell in Paris.

 

Gasoline prices have edged up a bit over the past three weeks but just barely up by one and a half cents a gallon. Steve Backner of Market News International has more.


"The latest surveys of service stations around the country by the AAA motorist club and the Lundberg Organization showed the average pump price of regular unleaded gasoline at around $4.11 per gallon. Alaska and California have the highest prices, South Carolina the lowest. But drivers of gas-powered vehicles should be glad they're not burning diesel fuel. Diesel, used by most trucks and buses, not to mention ships and locomotives, is now averaging nearly $4.82 per gallon. And diesel has risen almost twice as fast as gas over the past year. For NPR news I'm Steve Backner."

 

Taliban militants attacked a NATO outpost in Afghanistan before dawn today. Nine American troops were killed; about fifteen other soldiers were wounded. The attack touched off several hours of heavy fighting near the border with Pakistan.

 

This is NPR News from Washington.


Canadians are crossing the US border in growing numbers to buy new cars in the United States. As Dan
Karpenchuck reports, even though the Canadian and US dollars are about equal in value, the prices for new vehicles in the two countries are not.


"Cross-border new vehicle buying by Canadians is reaching a frenz
ied pace. The North American Automobile Trade Association says last year Canadians bought close to 190, 000 vehicles in the US. But already halfway through this year, the number has reached in excess of a 151, 000. It's a huge increase and could double by the end of the year. The association says Canadian consumers have become acutely aware of just how much money they can save by buying in the US. The numbers began soaring last year as the Canadian dollar gained strength. Automobile dealers in Canada began cutting prices but there are still huge differences. A base model Honda Civic sells for 2, 000 dollars less in the US and for the Chevrolet Impala, the difference is almost 3, 000 dollars. Many consumers in Canada say those kinds of price differences can be justified. For NPR News, I'm Dan Karpenchuck in Toronto."

 


Thunderstorms have been providing some help to firefighters battling hundreds of wildfires in California. But in some areas, downpours, triggered mudslides, have posed further challenges for weary fire crews. Cal-Fire spokesman Mike Mohler says more help is on the way.

 

"We have multiple fires across the state. We've been spraying resources throughout the state. We have resources not only statewide from different communities, nationwide and we also are gonna get some international resources here within the next day or two."

 

Mohler says firefighters have made progress containing the blaze north of Sacramento, that once threatened thousands of homes as well as the blaze along the Big Sur coastal area.

 

I'm Craig Windham, NPR News, in Washington.

 

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    From NPR News in Washington, I am Carol Van Dam.

 

    The White House, the Treasury Department and Federal Reserve have announced steps in showing up confidence in the Nation’s two largest mortgage finance companies—Fannie Mae and Freddie Mac. The Administration is asking Congress to approve legislation giving the government the authority to buy billions of dollars in stock of the two firms and to allow the Treasury to expand the current lines of credit. The Administration is hoping the moves will ease the anxiety of investors. But the economist Peper Moriechi with the University of Maryland says further gyrations in the stock market are likely.

    “ Right now is the time to invest for the long-term as the stock market is not going to stabilize until American banks stabilize. And that begins in New York. The largest New York banks are not well run right now.”

     In a statement this evening Treasury Secretary Henry Paulson said Fannie Mae and Freddie Mac play a central role in the nation’s housing finance system, a role that is especially important as the nation walk through what Paulson call “the current housing correction”.

 

    French president Nicolas Sarcozy has launched nearly 43 nations union for the Mediterranean, calling on nations of Middle East to follow the model set by Europe in seeking reconciliation and peace. Leaders of the nations involved have meeted in Paris. The BBC’s Mark Mardel reports.

    President Sarcozy clutchs the hands of Israeli PM Ehud Olmert and the leader of Palestinian Authority Mahmoud Abbas and drags them together into something like a handshake. Israeli Prime Ministor, in trouble with new corruption allegation at home was effusive and said the deal with Palestinian has never been closed up. Since this conception just over a year ago it’s never been quite clear whether president Sarcozy’s brainchild of the Mediterranean Union was false. Now he has probably saved it from criticism by putting its central purpose and aim to one of the world most intractable conflicts. The BBC’s Mark Mardel in Paris.

 

    Gasoline prices have edged up a bit over the past three weeks but just barely up by 1.5 cents a gallon. Steer Bartner Market News International has more. The latest surveys of service stations around the country by the AAA Motors Club and the Lounberger Organization show the average pump price of regular unleaded gasoline at around $ 4.11 per gallon. Alaska and California have the highest prices, South Carolina the lowest. But drivers of gas-powered vehicles should be glad they not burning diesel fuel. Diesel used by most trucks and buses, not to mention ships and local motives, is now averaging nearly $4.82 per gallon. And diegel has risen almost twice as fast as gas over the past year. From NPR News, I am Steer Bartner.

 

   Taliban militants attacked NATO outpost in Afghanistan before dawn today. Nice American troop were killed about 15 other soldiers were wounded. The attack touched off several hours’ heavy fighting near the border with Pakistan.

 

    This is NPR News from Washington.

   

    Canadians are crossing US border in growing numbers to buy new cars in the United States, Dam Carpen Chark reports.

    Even though the Canadian and US dollars are about equal in value, prices for new vehicles in the two countries are not. Cross border new vehicle buying by Canadians is reaching a frenzy pace. The North American Automobile Trade Association says last year Canadians bought close to 190,000 vehicles in the US. But already half way through this year the number has reached excessive 151,000. and using increase could double by the end of the year. The association says the Canadian consumers have become cutely aware of just how much money they can save by buying in the US. The number began soaring last year as the Canadian dollar gained strenght, automobile dealers in Canada began cutting prices, but there are huge differences. A base model HunterCific sells for 2000 dollars less in the US, and for Chevrolet and Polo, the difference are almost 3000 dollars. Many consumers in Canada say those kinds of price differences can be justified. From NPR News, I am Dam Carpen Chark in Toronto.

 

    Thunder storms have been providing some help to firefighters battling hundreds of wild fires in California, but is some areas downpours trigger mudslide and pose futher challenges for weary fire crews. Counterfire spokesman Mike Mouler says more help is under way.

    “ We are motivate all of us across the state. We’ve been ???? resources throughout the state. We have resources not only statewide, from different communities nationwide and we are also gonna get in some international resources in a few way in the next days.”

    Mouler says firefighters have made progress containing the blaze north Sacramento that once threatened thousands of homes as well as the blaze along the Big Sur Coast area.

    I am Carol Van Dam, NPR News in Washington.

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