This is MORNING EDITION from NPR News. I'm Renée Montagne.
STEVE INSKEEP, HOST:
And I'm Steve Inskeep. Good morning. China's economic growth has slowed down to a three-year low. That's according to new figures released today. The numbers matter to us because of the way the world economy is so interconnected. Americans import a lot from China, sure, but have also been working to boost exports to other nations, including China.
NPR's Louisa Lim joins us from Beijing to make sense of the latest news. Hi, Louisa.
And today's last word in business comes from the Central Asian country of Uzbekistan, which by the way, won six medals in the last Olympics. But today's last word is about another kind of competition, this one between social networking sites. And the word is: YouFace. That's the name of a new social networking site that aims to lure local Internet users away from Facebook, and, quote, "boost patriotism among young people in Uzbekistan."
Some future news now. The Olympics begin two weeks from today in London, and we can already tell you the likely big winners. China will take the most gold medals, followed by the U.S. and host country, Great Britain. Team USA will win the most overall medals, followed by China and Russia.
Freddie Wood stands at the counter of the Wood & Swink general store in Evinston, Fla.
The Wood & Swink general store sits near the crossroads of two county roads. Wilma Sue Wood, who was Evinston's postmaster for 32 years, says the town's 150 or so residents visit to hear news: "Who's had a baby; who's died."
The store also sells produce from the Woods' farm.
Evinston's post office is on a U.S. Postal Service list of rural facilities facing cuts in their operating hours.
<p>"The post office and the store, I just love it," Wood says. He spends most of his afternoons sitting in a rocking chair in the middle of the store.</p><p></p>
Freddie Wood stands at the counter of the Wood & Swink general store in Evinston, Fla. The store, founded in the late 1800s, houses the oldest post office in Florida.
Freddie Wood and Wilma Sue Wood, the former postmaster in Evinston, Fla. Wilma Sue says people visit the post office to learn "who's had a baby; who's died."
This month, the U.S. Postal Service begins cutting back hours and services at rural post offices across the country. One store facing changes sits inside the Wood & Swink general store in the northern Florida town of Evinston. The store has been in Freddie Wood's family for more than 100 years. In that time, it's gone through only small changes.
Half of San Bernardino County's 300,000 mortgages are underwater. In an attempt to ease the mortgage crisis, the Southern California county is considering taking control of some of those properties by eminent domain.
County and city officials in San Bernardino, Calif., are considering a controversial plan: using the power of eminent domain to take over "underwater" mortgages, where the value of the home is worth less than the original loan. Taking on those properties, officials say, would allow the homeowners to refinance those troubled loans.
Some of the most interesting discoveries in archaeology come from sifting through ancient garbage dumps. Scientists working in Oregon have found one that has yielded what they say are the oldest human remains in the Americas and a puzzle about the earliest American tools.
Early Americans used Oregon's Paisley Caves for, among other things, a toilet. Little did they know that scientists would be picking through what they left behind.
Europe is struggling, thanks to a relentless debt crisis. Compounding its problems: It is not one country, but 17.
Many observers agree that to solve their problems, those countries have to start looking a lot more like one country. And there is a force in Europe trying to make that happen: the European Central Bank. The weapon it has that everyone else lacks? Money.
New questions about Mitt Romney's overseas investments have dogged the GOP presidential contender all week. Many arose from a report in the latest issue of Vanity Fair. It describes how the day before Romney was sworn in as governor of Massachusetts, he put a corporation he'd set up in Bermuda in a blind trust held by his wife, Ann. Romney insists he did nothing wrong.
Three doctors who perform abortions filed suit today in federal court to stop the state from enforcing a new law which bans terminating a pregnancy after 20 weeks.
Current Arizona law bans abortions after viability -- generally considered in the neighborhood of 23 weeks -- except in emergencies. This law sets the cutoff at 20 weeks, a point at which some have argued a fetus can feel pain. But attorney Janet Crepps from the Center for Reproductive Rights said that violates prior rulings of the U.S. Supreme Court.