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NPR新闻在线听附文本(2011-08-21)

From NPR News in Washington, I’m Lakshmi Singh.

We’re seeing a seesaw effect on Wall Street while the market turned higher late morning before moving downward again by mid afternoon and this on the day that seem big losses oversea. Major European share markets closed lower today capping a turbulent week and investors are still worried about Europe’s debt crisis and the U.S.’s ability to get its economy out of the doldrums. Jim Paulsen, chief investment strategist at Wells Capital Management says it's a matter of how investors deal with fear.

"Realistically we were dealing with here is fear, going to rule over the economic fundamentals in the next few weeks, or part of the fundamentals going to stay strong enough to eventually extinguish fear."

Before the close, the Dow was down 180 points or 1.6% at 10,811; NASDAQ down 1.6% at 2,342; S&P 500 down 0.5% at 1,123.

Add into anxiety over unemployment in the U.S. Bank of the America, the nation's largest bank is cutting more jobs. It's already laid off some 2,500 employees this year. Now NPR's Giles Snyder reports about 3,500 others are losing their jobs.

Bank of America says effective employees are being notified and that it expects to complete the cuts by the end of September. The layoff is said the latest and serious across the global financial industry. Many banks under pressure to improve returns to investors amid the weak economy. Bank of America share prices have found by nearly half so far this year. These latest cuts may not be all published reports of just jobs losses. Bank of the America might exceed 10,000 or about 3.5% of the company’s current workforce. Giles Snyder, NPR News, Washington.

Three men convicted killing Cub Scouts in Arkansan are walking free after 18 years in jail. For member station WKNO Candice Ludlow reports that so-called West Memphis 3 are admitting guilt in exchange for their freedom.

Damien Echols, Jessie Misskelley, Jason Baldwin all pleaded guilty to first of murder charges today and will be released immediately with credit for time served and 10 years suspended sentences. The plea agreement is based upon rarely used North Carolina law but allows them to plead guilty while maintaining their innocence. Arkansan prosecutor Scott Ellington says they have not enough evidence to convict the3 men but.

“Because of the dead witnesses, different witnesses changed their minds, evidence says it just got stale. There was not DNA if the time used by the West Memphis 3 at the degree today.”

Ellington said they believed judge’s going to order a new trial. Part of the deal is they may not sue the state of Arkansan. For NPR News, I’m Candice Ludlow in Memphis.

The Dow was down now 170 points at 10,818. This is NPR.

Syria’s facing more sanctions for its ongoing crackdown on political dissent. The European Union plans to embargo oil imports says Europe and U.S. pressure Syrian leader Bashar al-Assad to resign. Here’s regime faces similar pressure from within.

Across Syria, more anti-government demonstrations and activists are reporting at least 20 more deaths in the hands of Syrian troops under orders to put to an end of the 5-month-old uprising.

The Prime Minister of Turkey is in Somalia along with several members of his cabinet. NPR’s Ofeibea Quist-Arcton says is there they lend support to a nation ravaged by conflict and famine.

Recep Tayyip Erdogan is the most senior Turkish official to visit Somalia in 20 years. Turkey says he’s there to show solidarity with suffering Somalis. The Prime Minister’s program in Mogadishu includes witnessing the distribution of Turkish aid and opening a camp and a few hospitals run by the Turkish Red Cross. Turkey this week hosted an Islamic summit which pledged 350 million dollars in aid for Somalia and promised the highlight to need for more urgent famine relief. Turkey alone says it has raised 150 million dollars. Ofeibea Quist-Arcton, NPR News, Dakar.

Thousands of foreigners trapped in the Libyan capital where rebels advanced are expected to be evacuated in the coming days. That’s the word from the International Organization of Migration which is appealing for more donations to help pay for the evacuation. IOM’s spokesperson says a large group of journalists were also stranded in Tripoli and also asking for help.

This is NPR.

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