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Automobiles
Wheelies: The Bandit Gone Edition
Burt Reynolds’s 1977 Pontiac Trans Am sells for $450,000; a report says Toyota officials called for a last-minute redesign of the new Prius.false
How a Porcupine and YouTube Helped Save the Bronx Zoo's Budget
How a century-old conservation group chose YouTube and a porcupine to fight budget cuts in the depth of the recession.Business Day
Recalls of Cars Abroad Prompt No Urgency in U.S.
A Times examination of actions by major United States automakers found different standards for recalls of substantially similar vehicles.U.S.
Can’t Have Your Cake, Gays Are Told, and a Rights Battle Rises
Local governments are taking a hard line against a small number of bakers, florists, photographers and others who are declining to provide services for same-sex weddings.Opinion
End Solitary Confinement for Teenagers
Their prison stories haunt me. Their rights must be protected.The Upshot
Every Election Is the Most Expensive Election. Or Not.
Changes in population, inflation and campaign finance laws, among other variables, render some comparisons practically meaningless.World
European Court Reverses Status of Hamas as Terrorist Organization
A decision to reverse the European Union’s designation of the group as a terrorist organization came amid a swell of opinion in favor of recognizing a Palestinian state.N.Y. / Region
New York City Comptroller Seeks to Settle Claim by Eric Garner’s Family
The move by the comptroller, Scott M. Stringer, is part of his strategy to resolve major civil rights claims before lawsuits are formally filed.Business Day
F.D.A. Approves System That May Make Blood Transfusions Safer
The system is being used in clinical trials in West Africa to make plasma donated by Ebola survivors safer to use as a possible treatment.Opinion
Europe’s Anti-Austerity Duo
Together, the French and Italian premiers can challenge the Berlin consensus and define a new path to recovery.Business Day
Betting on the Need, Scientists Work on Lighter, Cleaner Nuclear Energy
With a desperate need for a technology that will address global warming, scientists are racing to come up with new designs for nuclear power.Business Day
Slowdown in China Bruises Economy in Latin America
China’s insatiable hunger for Latin America’s raw materials fueled the region’s most prosperous decade at least since the 1970s. That era is over.Opinion
Returning Home, a Veteran War Reporter Wrestled With Old Wounds
Dominic Di-Natale found fulfillment in Iraq and Afghanistan, but the lingering effects of working in war zones took a toll on him.N.Y. / Region
At New York City Council Hearing, Concerns About Housing Authority Practices
Among the officials’ concerns were the slow pace of repairs and the practice of police officers’ citing residents for violations of housing authority rules.Sports
Cavaliers Top Hornets After Big Start
Cleveland took a 21-0 lead against Charlotte, the largest to start a game since 2004, according to the Elias Sports Bureau.| American Athletic Conference | ||||||||||||
| Conference | Overall | vs | ||||||||||
| W-L | Pct | Hm | Rd | W-L | Pct | Hm | Rd | Nt | Top 25 | |||
| Tulane | 0-0 | - | 0-0 | 0-0 | 7-1 | .875 | 3-0 | 3-0 | 1-1 | 0-0 | ||
| 2 Connecticut | 0-0 | - | 0-0 | 0-0 | 6-1 | .857 | 1-0 | 2-1 | 3-0 | 1-1 | ||
| East Carolina | 0-0 | - | 0-0 | 0-0 | 8-2 | .800 | 3-0 | 3-1 | 2-1 | 0-1 | ||
| South Florida | 0-0 | - | 0-0 | 0-0 | 8-3 | .727 | 4-1 | 1-1 | 3-1 | 0-2 | ||
| Memphis | 0-0 | - | 0-0 | 0-0 | 5-5 | .500 | 4-2 | 1-3 | 0-0 | 0-0 | ||
| Tulsa | 0-0 | - | 0-0 | 0-0 | 4-5 | .444 | 1-3 | 2-2 | 1-0 | 0-0 | ||
| SMU | 0-0 | - | 0-0 | 0-0 | 4-5 | .444 | 4-3 | 0-2 | 0-0 | 0-1 | ||
| UCF | 0-0 | - | 0-0 | 0-0 | 4-6 | .400 | 4-2 | 0-4 | 0-0 | 0-0 | ||
| Houston | 0-0 | - | 0-0 | 0-0 | 3-5 | .375 | 1-2 | 2-1 | 0-2 | 0-1 | ||
| Temple | 0-0 | - | 0-0 | 0-0 | 3-7 | .300 | 1-4 | 0-2 | 2-1 | 0-1 | ||
| Cincinnati | 0-0 | - | 0-0 | 0-0 | 1-8 | .111 | 1-1 | 0-5 | 0-2 | 0-0 | ||
U.S.
More Police Officers to Get Body Cameras
Officials in two states announced plans Tuesday to equip law enforcement officers with body cameras after police shootings of unarmed men that have created tensions nationally.Opinion
The Ruble’s Fall and Mr. Putin’s Reckoning
Russia’s economic calamity rests largely with the disastrous policies of President Vladimir Putin."The Ruble and the Textbooks
OK, this is a bit funny: This morning Tim Duy addresses the woes of the ruble, which is in free fall despite a big rate hike, and declares that it “appears really quite textbook”. Meanwhile Matthew Yglesias
says that what Russia is doing is “the textbook approach to handling a
currency crisis”, and speculates about why it isn’t working.
I’m with Duy here; not sure if it’s actually in any textbook, but as I explained yesterday,
for aficionados of emerging-market currency crises this is all quite
familiar. (Side note: I invented currency crises — not the thing itself,
obviously, but the modern literature — in 1979. Really.
And business has been good ever since.) When you have big
balance-sheet problems involving foreign-currency debt, an interest-rate
hike that tries to discourage capital flight damages the economy, and
hence those same balance sheets, from another direction, and it’s
common, even standard, for the effort to fail. Most notably, tight-money
policies were really really unsuccessful during the Asian financial
crisis of 1997-8, on which you can read my take here.
Consider the chart,
which shows the policy interest rate in Indonesia: during the 1998
crisis this rate was hiked to 70 percent, yet this wasn’t sufficient to
stop a plunge in the rupiah to a fifth of its former value. And
Indonesia wasn’t invading any of its neighbors, although it did have a
failing authoritarian regime.
So Russia isn’t that unusual a story, except for the nukes."
Business Day
Senate Confirms Nominee to Head Auto Safety Agency
The Senate has confirmed a specialist on human fatigue to fill a longstanding vacancy at nation’s top automotive safety agency.N.Y. / Region
Push to Provide Lawyers in New York City Housing Court Gains Momentum
A City Council bill is part of a national campaign by elected officials, legal scholars and tenant advocates to establish a right to counsel in civil actions that affect basic needs like housing.Business Day
Guardrail Maker Trinity Industries Conducts More Tests for Malfunction
Questions grew over whether some of the units being evaluated were different than those previously installed.|
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