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RENEE MONTAGNE, HOST:

OK, over in Europe there's been a lot debate on what to do about the troubled currency. And today the European Central Bank announced a new plan to bolster the euro at a meeting in Frankfurt. Bank president Mario Draghi is under immense pressure to prevent the collapse of Europe's monetary union. The bank did not lower interest rates, as some investors hoped, but did unveil steps to ease the eurozone's debt crisis. NPR's Jim Zarroli is in Germany, following the events, and he joins us now. Good morning.

Reducing greenhouse gases and saving the polar bears tend to dominate discussions on climate change. But to the booming world population, one climate change issue may be even more pressing – hunger.

A new report by a leading international relief agency warns that climate change will increase the risk of large spikes in global food prices in the future, and lead to more hungry people in the world. That's because extreme weather like droughts, floods and heat waves are predicted to become much more frequent as the planet heats up.

Thursday was supposed to mark the end of medical marijuana dispensaries in Los Angeles, after the city council approved a ban on them this summer. But patients and advocates have managed to halt the ban, and some dispensary operators are suing the city.

For years, Los Angeles has been a mecca for medical marijuana dispensaries. Anyone with a doctor's recommendation could stop in at chic storefronts offering cannabis-laced desserts or at the more underground clinics, labeled only with a green cross. Hundreds, maybe 1,000 of these pot shops popped up around L.A.

Three bits of good news about jobs were just released.

"Private-sector employment increased by 201,000 from July to August on a seasonally adjusted basis," according to the latest ADP National Employment Report.

And ADP revised up its estimate of the job growth in July — to 173,000 from the 163,000 it previously reported.

"The European Central Bank refrained from cutting interest rates today as President Mario Draghi prepares to unveil a bond-purchase plan to save the euro," Bloomberg News writes. It adds that:

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And today's last word in business is seeing red.

The designer Christian Louboutin is famous in certain circles for his super high heeled shoes. They can cost more than $4,000 and it's the red lacquer soles that Louboutin is really known for.

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A report on Christmas cargo is at the top of NPR's business news.

(SOUNDBITE OF MUSIC)

INSKEEP: If you want an early indication of how robust this year's holiday shopping season may be, take a look at the Pacific and Indian Oceans.

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When the European Central Bank holds its monthly meeting today, investors around the world will be watching nervously to see what the bank's head, Mario Draghi, says about interest rates. Draghi was recently quoted as saying he would do whatever it takes to keep Europe's debt crisis from growing out of control, and that could go beyond just cutting borrowing rates.

As NPR's Jim Zarroli reports, any European Central Bank plan to use its resources to prop up Europe's weaker economies will face strong opposition from the Germans.

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And in the tech world, dueling press conferences and competing corporate unveilings, this week and next, are putting the focus on new and improved gadgets.

NPR's Steve Henn joined us this morning from Silicon Valley to tell us about what's on the high tech horizon.

Good morning.

STEVE HENN, BYLINE: Good morning.

MONTAGNE: So there are a host of companies rolling out shiny new toys this week. What's catching your eye?

Charlotte, N.C., host of the 2012 Democratic National Convention, is the nation's biggest financial center outside of New York. But Charlotte and surrounding Mecklenburg County have the highest foreclosure rates in the state, and many thousands of homeowners owe more on their homes than the properties are worth.

As thousands of Democrats converge in Charlotte for the convention, some troubled homeowners have also gathered, lamenting that the foreclosure crisis has not been sufficiently front and center in the presidential campaign.