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4:28pm

Sun July 3, 2011
Economy

Debt Showdown: Road To Another Financial Disaster?

Aug. 2: the day of debt reckoning. According to President Obama, the U.S. will default on its obligations that day if Congress does not raise the debt ceiling. With this debt-ocalypse just under a month away, one begins to think about what would happen if Americans wake up that morning to find Congress still deadlocked.

Annie Lowrey, business reporter for Slate, imagines a worst-case scenario.

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3:00pm

Sun July 3, 2011
Business

CEO Salaries Continues To Rise

The economy is still on the road to recovery, but CEOs seem to be doing just fine. A new study reveals the median pay for a CEO at a top-200 company last year was $10.8 million, up 23 percent in just a year. P.J. Joshi of The New York Times discusses why CEOs get the ever-bigger bucks while most workers are barely staying even.

1:58pm

Sun July 3, 2011
Middle East

Graffiti Reclaims Egypt's Revolution From Marketers

A piece of street art known as "Tantawi's underwear" mocks Field Marshal Hussein Tantawi, who heads the ruling transitional military council.
 

The revolution will be marketed!

Egyptian companies and multi-nationals are now using images of and references to the youth-led uprising that toppled autocrat Hosni Mubarak in advertisements to sell internet service, mobile phones, soft drinks, tourism and more.

The marketing has sparked something of a backlash among young Egyptians and has contributed to a rise in politicized street art and graffiti. Some street artists hope to reclaim the message in the streets by breaking the taboo of criticizing Egypt's military rulers.

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1:54pm

Sun July 3, 2011
Energy

When Water Overpowers, Wind Farms Get Steamed

The Pacific Northwest is suffering from too much of a good thing — electricity. It was a snowy winter and a wet spring, and there's lots of water behind the dams on the Columbia River, creating an oversupply of hydropower. As a result, the region's new wind farms are being ordered to throttle back — and they're not happy.

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11:23am

Sun July 3, 2011
Food

Urban Fish Farming: Wave Of The Future?

Martin Schreibman with a few of his tilapia friends in his Brooklyn lab.
Brent Baughman NPR

It's a tough time for seafood lovers.

Prefer your fish from the ocean? That habitat is becoming a less hospitable place every day, according to a recent international State of the Oceans report. Water is getting warmer, more acidic. Dead zones are growing. A mass extinction of certain fish and coral species could happen sooner than scientists previously thought.

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