World

An aircraft-carrying Japanese supersubmarine built during World War II has been found on the bottom of the Pacific Ocean off Oahu, nearly 60 years after it was hastily scuttled by the U.S. Navy in an effort to keep its technology out of Soviet hands.

Reuters reports:

"The accidental discovery of the 1-400 ... on the rock- and debris-littered ocean floor, some 2,300 feet beneath the surface, has solved the mystery surrounding a ship long thought to be further afield.

Vice President Joe Biden met with China's president in Beijing Wednesday, in a trip to Asia that has often touched on growing tensions over China's new air defense identification zone.

Biden's two-day visit to China was planned before the country's defense officials surprised neighboring Japan by declaring a defense zone in an area contested by the two countries. The topic of the air zone likely helped extend a closed-door session that had been scheduled for 45 minutes to its actual length of two hours.

Since a coup last spring, the Central African Republic has spiraled towards chaos. Thousands of people have been displaced from their homes, and civilians are getting caught in the crossfire. Host Michel Martin talks with Lewis Mudge of Human Rights Watch about the growing calls for international intervention.

European regulators have fined eight large banks a total of more than $2 billion over an illegal cartel scheme to fix interest rates. The fine, the largest ever issued in such a case by the European Union, comes after a two-year investigation into banks' collusion. And the inquiry isn't yet complete.

Two American banks — JPMorgan Chase and Citigroup — are included in the list of financial institutions fined as part of a settlement deal. Several banks that cooperated with investigators saw their fines reduced or eliminated.