Airlines have been struggling this summer because of higher oil prices. Now they're getting a windfall profit thanks to Congress. Although they don't have to pay aviation taxes during the partial FAA shutdown, they have not lowered fares accordingly; they're keeping the difference. NPR's Mandalit del Barco reports.
Italian Prime Minister Silvio Berlusconi attends a debate on the Italian economic situation Wednesday at the Parliament in Rome. In a speech aimed at soothing concerns over a possible debt crisis, he said, "We have solid economic fundamentals. Our banks have liquidity and are solvent."
Alarm is spreading through international markets as Italy, the eurozone's third largest economy, risks being sucked into the debt crisis. After a long silence, Prime Minister Silvio Berlusconi addressed Parliament — and insisted that the country's economy is strong, while rebuffing opposition calls for his resignation.
Many Egyptians doubted that ex-president Hosni Mubarak would ever appear in court to face the charges against him. But he was in a courtroom Wednesday, lying in a hospital bed that was wheeled into the prisoner's cage. The scene was witnessed by millions of Egyptians as the proceedings were aired live on state television. Mubarak spoke only to deny the charges against him, but for many in Egypt just seeing him in those circumstances was hard to believe.
After months of massive anti-government protests and increasing bouts of violence involving a dizzying array of combatants, Yemen seems on the brink of total collapse and all-out war. But some in the Arabian country are still holding out hope for a negotiated solution, including the departure of longtime leader Ali Abdullah Saleh.
The U.N. Security Council has again failed to reach agreement on a resolution condemning the Syrian government for its violent crackdown on protesters there. Instead, the council president issued a much milder statement. The U.S. and the international community have a few options to increase the pressure on Bashar Assad's government.