Morning Edition

Israeli officials have been speculating out loud about a strike against Iran's nuclear program. Now a Facebook page is pushing for the war to wait — at least long enough to keep from disrupting a May concert by Madonna in Tel Aviv.

The multi-billion dollar bank mortgage settlement could have some unanticipated consequences for borrowers in trouble. There will likely be an initial surge of foreclosures. Banks, freed from uncertainty over the investigation, will probably pick up the pace of home seizures. But the foreclosure rate will probably fall over the longer term as banks ease the burden on borrowers through principal reductions.

Greek politicians on Thursday agreed on massive cuts to bring their budgets in line with what the European Union has demanded. It's the latest act in a months-long drama to bring down the Greek debt load.

There is political trouble in the Indian Ocean nation of Maldives. President Mohamed Nasheed was ousted earlier this week. Steve Inskeep speaks to Nasheed's long-time acquaintance, novelist Hari Kunzru, to learn more about Nasheed.

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STEVE INSKEEP, HOST:

NPR's business news starts with social networking profits.

(SOUNDBITE OF MUSIC)

INSKEEP: You can get attention on the Internet. You can even draw a massive crowd in seconds. The question always is how to make money. Investors have been scrutinizing Facebook's plans to go public and trying to figure out the company's prospects.

President Obama will unveil his budget for the next fiscal year on Monday. To find out more about the budget proposal, Steve Inskeep talks to David Wessel, economics editor at The Wall Street Journal.

The company will instead focus on home photo printers, high-speed commercial ink jet presses and software. Other companies may license the Kodak brand for cameras, and some disposables will still be out there.

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STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. Good morning. I'm Steve Inskeep.

Activists and human rights groups in Syria contend the government has now killed hundreds of civilians this week alone. It's hard to verify that number, but it is clear that mortars, rockets and tanks continue firing into the city of Homs. That gunfire has served as a week-long punctuation mark on the United Nation's failure to approve a resolution against Syria. NPR's Kelly McEvers is following the situation from Beirut. She joins us once again.

Hi, Kelly.

President Obama is touting Thursday's mortgage foreclosure settlement with big banks. Nearly two million people could benefit from the landmark settlement between states and big mortgage companies. But many homeowners and former homeowners are not too excited about the deal.

Blame Jar Jar Binks.

If George Lucas had never created that annoying, slapstick-prone CGI character in The Phantom Menace, history would be different. No amount of "meesa so sorry" can make up for this abomination. And to add insult to injury, Lucas is sending a 3D Jar Jar Binks into theaters on February 10th.