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NPR's business news starts with yet another setback for Spain.

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London is having a lot of fun this summer. This past few days, it brought parades, concerts and a 1,000-boat flotilla down the Thames, celebrating the Queen's Diamond Jubilee. Next month, the Olympic Games begin.

From time to time, NPR's Philip Reeves sends us a letter about the preparations for the games. This is his latest.

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And the U.S. bailout of General Motors and the auto industry in 2009 has worked its way into the presidential campaign. Republican Mitt Romney says he'd sell the government stock in GM quickly if he wins the White House. A White House spokesman counters that Romney isn't credible on the issue, since he opposed the bailout that rescued the industry.

NPR's Sonari Glinton has the story.

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Congressional redistricting has reshaped many elections this year. In New Jersey, it forced two friends into battle against one another. Veteran Democratic Congressman Steve Rothman lost primary yesterday to fellow Democrat, fellow Congressman Bill Pascrell. They became opponents after New Jersey lost a congressional seat following the last census. Nancy Solomon from New Jersey Public Radio has the story.

To be perverse, I'd suggest that for the horse-racing industry, it'd be best that I'll Have Another does not — yes, does not — win the Triple Crown this Saturday.

Oh, certainly, absolutely every year you want a horse to win the first two races — the Kentucky Derby and the Preakness — so that suspense builds and a horse has a chance to win the Belmont and take the Triple Crown. But isn't it better to have the potential winner barely get beat so that the losing streak continues, building interest?