On Nov. 1, the European Central Bank will have a new president. Mario Draghi, currently head of Italy's Central Bank, is an American-educated economist with impeccable international credentials. But little is known about the man who will be called on to steer the central bank through the rising Eurozone storm.
President Obama's home refinancing plan seeks to let a million or more American homeowners save money on their mortgages, even if those loans are underwater. But the plan announced Monday is not a new idea: A pair of economists at Columbia University — Chris Mayer and Glenn Hubbard — have been proposing a similar measure for years.
Turnout was huge in Tunisia's first democratic election, with almost 90 percent of the population casting their votes. The official results will be announced this afternoon in the capital, Tunis, but there are already signs that the moderate Muslim party has done very well. Eleanor Beardsley joins us from Tunis.
Good morning, Eleanor.
ELEANOR BEARDSLEY, BYLINE: Good morning, Ari.
SHAPIRO: Tell us about this party that seems to be in the lead.
ARI SHAPIRO, BYLINE: In Texas last night, game five of the World Series went to the home team. The Rangers beat the St. Louis Cardinals four to two, and now they could close out the series as play moves back to St. Louis. The Rangers came up with big hits, and they were also the beneficiaries of an unusual communication breakdown on the part of the Cardinals. NPR's Mike Pesca was at the game, and has this report.