Every year, banks handle tens of millions of transactions. Some of them involve drug money, or deals with companies doing secret business with countries like Iran and Syria, in defiance of trade sanctions.
But if the Justice Department has its way, banks will be forced to change — to spot illegal transactions and blow the whistle before any money changes hands.
Federal prosecutors have already collected more than $4.5 billion from some of the world's biggest financial institutions — banks charged with looking the other way when dirty money passed through their accounts.
The sad truth about Karachi in 2012 was that whatever your religion, business affiliation, or political party, someone was willing to kill you for it.
The murder rate in Pakistan's largest city and commercial hub hit an all time high last year. Over 2,500 people died in violent crimes in Karachi in 2012, a 50 percent increase over the year before.
Most of the deaths were attributable to sectarian killings and score settling. Shia Muslims took on the brunt of the violence. But Sunni Muslims were killed in reprisal attacks that added to the tally.
Originally published on Mon December 31, 2012 6:55 pm
ROBERT SIEGEL, HOST:
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
AUDIE CORNISH, HOST:
And I'm Audie Cornish. There's good news and bad news on the so-called "fiscal cliff," just hours before the nation is set to slide over it. The good news is that top negotiators for the Senate and the White House are by all accounts this close to a deal. The deal would prevent a major income tax hike for most Americans. That starts tomorrow.
A lot of movie box-office records fell in 2012. The comic-book blockbuster The Avengers had the biggest opening weekend in Hollywood history. Skyfall will be the first James Bond film to top $1 billion worldwide. And the box-office year as a whole is easily the movie industry's biggest ever. But what about quality? Perhaps surprisingly, the news is good there, too.
The simplest explanation to what's going on in Washington is that neither the Democrats nor the Republicans command majorities in both Houses and control of the White House and you can throw in political realignment as an explanation. Liberal Republicans and conservative Democrats have been diminished to the point of near extinction. But even so, Democrats and Republicans in Congress in years past somehow managed to make deals and legislate despite profound differences.
From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.
ROBERT SIEGEL, HOST:
And I'm Robert Siegel.
While battles over the fiscal cliff continue, one thing not being discussed is a recovery package for Superstorm Sandy. The Senate has already passed a $60 billion aid package. Right now, it's unclear if the House will take it up.
From member station WSHU, Charles Lane says people in the storm zone are concerned that repairs and rebuilding will be delayed, leaving them vulnerable to future storms.
Goma, a city on the eastern border of the Congo, has been a magnet for war refugees for nearly two decades. And in an expanding camp for displaced people, called Mugunga I, school principal Emmanuel Kibanja Miteso holds up a three-ring binder that reflects the history of war here.
The pages are a logbook for parent-teacher conferences. Every time fighting flares in the region, people flood into the displacement camps and the roster of names swells in the principal's binder.
In 1953, Mildred Norman set off from the Rose Bowl parade on New Year's Day with a goal of walking the entire country for peace. She left her given name behind and took up a new identity: Peace Pilgrim.
When Peace Pilgrim started out, the Korean War was still under way, and an ominous threat of a nuclear attack was on the minds of many Americans. And so, with "Peace Pilgrim" written across her chest, she began walking "coast to coast for peace."