Friday marks the day that 100 years ago, Grand Central Terminal opened its doors for business for the very first time. The largest railroad terminal in the world, the magnificent Beaux-Arts building is in the heart of New York City on 42nd St. And while it no longer serves long-distance trains, it's still a vibrant part of the city's eco-system.
This week saw the end of a years-long, international, multi-billion-dollar battle over one of the most boring things in finance: savings accounts.
At the center of the battle was Iceland, a tiny country where the banks grew into international behemoths during the credit bubble.
The banks got so big partly by convincing foreigners to open up online savings accounts. In particular, lots of people in England and Netherlands opened up "ICESAVE accounts" with a bank called Landsbanki. During the financial crisis, the bank collapsed.
In the U.S., farmers and farm workers alike say the current system to import temporary workers, especially in agriculture, is slow and fraught with abuses.
But the shape of a new guest-worker program is still being hashed out. Some say the U.S. should import temporary workers the same way Canada does. For nearly four decades, the governments of Canada and Mexico have cooperated to fill agriculture jobs that Canadian citizens won't do, and that Mexicans are clamoring to get.
Melissa spent months looking for a job — any job. For days, the 25-year-old consistently visited her welfare-to-work program in downtown Brooklyn, resume in hand and an interview smile splashed across her face.
"Every day, Monday through Friday, 9 to 4," she explains. "That's dedication."
Melissa, who asked us to not reveal her last name, has plenty of job experience. She's a self-identified "people person" and says she aces every interview. But there's just one thing holding her back: the past.
Brazilian federal police patrol the Mamore River, which separates Brazil from Bolivia. The river is used by traffickers to ferry cocaine from Bolivia into Brazil, where cocaine consumption is rising rapidly.
Credit Juan Forero/NPR
An agent of Brazil's Forca Nacional, an agency made up of military policemen, stands guard in a largely abandoned border hamlet that is used by drug traffickers to ferry cocaine from neighboring Bolivia.
As cocaine consumption falls in the United States, South American drug traffickers have begun to pioneer a new soft target for their product: big and increasingly affluent Brazil.
And the source of the cocaine is increasingly Bolivia, a landlocked country that shares a 2,100-mile border with Brazil.
As Brazilian police officers and border agents can attest, the drug often finds its way to Brazil by crossing the Mamore River, which separates the state of Rondonia from Bolivia in the heart of South America.