French President Francois Hollande attended today's memorial service for Nelson Mandela. We're going to hear now about the next stop on his schedule. On his way home from South Africa, Hollande stopped in Central African Republic, or CAR. The former French colony has been descending into chaos since a coup in March. A French-backed African force is trying to re-establish order there, and two French soldiers were killed in fighting overnight. The U.S. is offering logistical support.
Tens of thousands of South Africans and dozens of world leaders and dignitaries came to a rainy soccer stadium in Soweto, South Africa today to pay tribute to Nelson Mandela. President Obama took the stand to laud him as the last great liberator of the 20th century. People danced, sang and cheered to mark this occasion. NPR's Gregory Warner was in the bleachers and sent this report.
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Iran's President Hasan Rouhani has presented his first budget to parliament. Economists say it's remarkably different from the free-spending plans of recent years. The budget comes as negotiators are hashing out the details of Iran's nuclear program. Limiting its uranium enrichment will ease sanctions, which will help lift Iran's economy.
A probe into the death of one of Brazil's most celebrated presidents has determined he was murdered. It was thought that the former leader died in a 1976 car crash but an investigation has found he was assassinated by the military junta that once ruled the country. NPR's Lourdes Garcia-Navarro reports that the revelation is renewing calls for Brazil's amnesty law to be revised so that the killers can face justice.
From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.
MELISSA BLOCK, HOST:
And I'm Melissa Block.
Federal regulators today approved a tough new set of restrictions on the kinds of trading that banks can do. The so-called Volcker rule largely prohibits FDIC-protected banks from trading securities for their own financial gain. It's part of the Dodd-Frank overhaul passed three years ago.
For more on just how the Volcker rule will work and how it will be enforced, we're joined by Simon Johnson. He's professor at the MIT Sloan School of Management, and he's a member of the FDIC's systemic resolution advisory committee. Welcome to the program.
SIMON JOHNSON: Thanks for having me.
CORNISH: So let's talk more about proprietary trading. Give us some specific examples of this.
Getting people to sign up for health insurance under the Affordable Care Act remains an uphill battle in much of Florida.
Politicians in the state erected roadblocks to the law from the beginning — from joining in the 2010 lawsuit to thwart the law to placing restrictions on what insurance helpers called navigators can tell people seeking advice.
In Russia, organizers of the 2014 Winter Olympics have called on dozens of shamans to pray for snow. But the centerpiece of the Olympic snow strategy is man-made: a massive system that features more than 550 snow-making machines.
Sochi, Russia, which is hosting the Olympics, is a resort town on the relatively warm Black Sea. There are beaches and palm trees. The Alpine events will be held on a mountain just 30 minutes away, where last February it was raining, not snowing.