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After an international tribunal invalidated Beijing's claims to the South China Sea, Chinese authorities have declared in no uncertain terms that they will be ignoring the ruling.

The Philippines brought the case to arbitration at the Hague, objecting to China's claims to maritime rights in the disputed waters. The tribunal agreed that China had no legal authority to claim the waters, and was infringing on the sovereign rights of the Philippines.

Donald Trump is firing back at Supreme Court Justice Ruth Bader Ginsburg after she made disparaging comments about him in several media interviews. He tweeted late Tuesday that she "has embarrassed all" with her "very dumb" comments about the candidate. Trump ended his tweet with "Her mind is shot - resign!":

Donald Trump wrapped up his public tryout of potential vice presidential candidates in Indiana Tuesday night with Gov. Mike Pence giving the final audition.

The Indiana governor's stock as Trump's possible running mate is believed to be on the rise, with New Jersey Gov. Chris Christie and former House Speaker Newt Gingrich also atop the list. Sources tell NPR the presumptive GOP presidential nominee is close to making a decision, which he's widely expected to announce by Friday.

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The unassuming hero of Jonas Karlsson's clever, Kafkaesque parable is the opposite of a malcontent. Despite scant education, a limited social life, and no prospects for success as it is usually defined, he's that rarity, a most happy fella with an amazing ability to content himself with very little. But one day, returning to his barebones flat from his dead-end, part-time job at a video store, he finds an astronomical bill from an entity called W.R.D. He assumes it's a scam. Actually, it is more sinister-- and it forces him to take a good hard look at his life and values.

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Donald Trump picked a military town, Virginia Beach, Va., to give a speech Tuesday on how he would go about reforming the Department of Veterans Affairs if elected.

He blamed the Obama administration for a string of scandals at the VA during the past two years, and claimed that his rival, Hillary Clinton, has downplayed the problems and won't fix them.

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The season for blueberries used to be short. You'd find fresh berries in the store just during a couple of months in the middle of summer.

Now, though, it's always blueberry season somewhere. Blueberry production is booming. The berries are grown in Florida, North Carolina, New Jersey, Michigan and the Pacific Northwest — not to mention the southern hemisphere.

But in any one location, the season is still short. And this means that workers follow the blueberry harvest, never staying in one place for long.


Central Banks Around Globe Move To Ease Fears

Nov 30, 2011
Originally published on November 30, 2011 12:07 pm



NPR's business news begins with a surprising move by central banks.


INSKEEP: The Federal Reserve took action this morning, along with the major central banks in Europe and Japan, to ease credit for commercial banks. This is an effort to free up funding for European banks battered by the eurozone's sovereign debt crisis. NPR's John Ydstie reports.

JOHN YDSTIE, BYLINE: European commercial banks have been having trouble in recent days obtaining the U.S. dollars necessary to meet their obligations. One reason is that U.S. mutual funds which lent to European banks have stopped doing so because of worries the banks might fail. Another source of funding - loans from other banks - is also drying up, says Edwin Truman, a former assistant secretary of the Treasury for International Affairs.

EDWIN TRUMAN: They have trouble borrowing from each other because they don't trust each other - if you want to put it that way - to be able to pay back these funds.

YDSTIE: So the commercial banks turn to the European Central Bank to borrow the dollars they need. The ECB borrows those dollars from the Federal Reserve, which gets euros in exchange. When the commercial banks in Europe borrow those dollars from the ECB, the Fed gets the interest. Today, the Fed - in concert with the ECB and other major central banks - cut the interest on the dollars loaned in half to .5 percent. The idea is to help out Europe's struggling commercial banks. Ted Truman says it will be only marginally helpful.

TRUMAN: But I think it's important to signal that the central banks around the world are worried about the financial system, and I think it is an important signal, A, that they are worried, and B, that they are cooperating.

YDSTIE: Truman says the move by the Fed to help European banks also helps US banks, many of whom have significant loans to European banks. Financial markets reacted very positively to the news. Major US indexes rose more the 3 percent. John Ydstie, NPR News, Washington. Transcript provided by NPR, Copyright NPR.