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2:00 am
Wed November 16, 2011

Debt Reduction Committee's Deadline Is 1 Week Away

Originally published on Wed November 16, 2011 5:02 am

Transcript

RENEE MONTAGNE, HOST:

This is MORNING EDITION from NPR News.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep, good morning.

Let's remember a bit of very recent history. Back in August, Congress came close to defaulting on U.S. government debts. Republicans wanted big cuts in spending. They finally got some, but a deal with President Obama pushed more deficit reductions off to the future, to a bipartisan committee which has been meeting this fall, and now has one week left until its deadline to reach a deal.

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NPR Story
2:00 am
Wed November 16, 2011

Perry Plan Would Make Big Changes To Washington

Originally published on Wed November 16, 2011 5:11 am

Transcript

RENEE MONTAGNE, HOST:

Republican presidential hopeful Newt Gingrich is rising in the polls, but Rick Perry is back in the spotlight after some proposals he made in Iowa yesterday. The Texas governor wants Congress to take a 50 percent pay cut, as part of a sweeping plan to overhaul the government.

NPR's Scott Horsley reports.

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Business
2:00 am
Wed November 16, 2011

Olympus Scandal Could Hasten Corporate Disclosure Changes

Originally published on Wed November 16, 2011 6:20 am

Transcript

STEVE INSKEEP, HOST:

And here's a follow-up to the dramatic scandal at Olympus, which we've been following on this program. It's one of Japan's most respected corporations - or it was. Now executives Olympus are facing criminal charges and prison sentences. The company may be delisted from the Tokyo Stock Exchange, and may also go bankrupt. All this after revelations of dubious acquisitions and allegations of massive accounting fraud. From Tokyo, Lucy Craft has more.

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Business
2:00 am
Wed November 16, 2011

House Panel Votes To End Fannie, Freddie Bonuses

The House Financial Services Committee voted on Wednesday to suspend nearly $13 million in bonuses paid to executives at Fannie Mae and Freddie Mac. The measure would also prohibit future bonuses. The Senate is expected to take up similar legislation.

Asia
2:00 am
Wed November 16, 2011

Australia Rolls Out The Red Carpet For Obama's Visit

Australia is the latest stop on President Obama's tour of the Pacific Rim countries that the president thinks should be the new focus of U.S. foreign policy. It is already the focus of a competition for influence with China.

Afghanistan
2:00 am
Wed November 16, 2011

Afghan Council To Consider U.S. Partnership Pact

Transcript

STEVE INSKEEP, HOST:

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

RENEE MONTAGNE, HOST:

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Business
2:00 am
Wed November 16, 2011

Business News

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RENEE MONTAGNE, HOST:

Today, Chrysler is expected to announce plans to add more than 1,000 jobs at an assembly plant in Ohio. Local officials there have reportedly signed off on tax incentives for the plant expansion in Toledo. It's where Chrysler makes the Jeep Liberty and Wrangler.

STEVE INSKEEP, HOST:

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Asia
1:48 am
Wed November 16, 2011

In Indonesia, Anger Against Mining Giant Grows

Police clash with workers of American mining company Freeport-McMoRan during a protest in Timika, Papua province, Indonesia, Oct. 10. Indonesian security forces fired on striking workers at Freeport-McMoRan's Grasberg gold and copper mine after a protest turned deadly.
Anonymous AP

Originally published on Wed November 16, 2011 6:22 pm

A foreign mining company, protected by hundreds of soldiers, extracts precious resources from a remote tropical forest. The mining enrages indigenous tribes, who resist.

It may sound like a movie script, but it is in fact the story of the world's largest gold mine, located high in the mountains of Indonesia's Papua province and owned by Freeport-McMoRan, an American mining conglomerate.

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National Security
10:01 pm
Tue November 15, 2011

Small Fishing Boats Smuggle People To California

Fishermen and visitors gather at the beach in the village of Popotla, Mexico, some 15 miles south of the U.S.-Mexico border, in July 2010. Illegal immigrants are increasingly looking to the ocean, as they consider crossing overland more risky.
Guillermo Arias AP

Originally published on Wed November 16, 2011 9:25 am

Most mornings George Uraguchi grabs his paddle board and heads down a steep, secluded canyon in Palos Verdes, one of Los Angeles County's wealthier coastal communities. On one recent morning, though, his predawn excursion was interrupted by what he saw in the still water.

"It was more than just debris," Uraguchi says. "I saw some life jackets, and when I looked a little bit closer, then sure enough there was an overturned boat out there."

Uraguchi called 911, then hopped into the water and paddled out through the floating life jackets and bobbing fuel cans.

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It's All Politics
10:01 pm
Tue November 15, 2011

Illegal During Watergate, Unlimited Campaign Contributions Now Fair Game

President Richard Nixon faced television cameras in the Oval Office on April 30, 1973 to announce the departure of his two closest assistants in the deepening Watergate scandal.
CBS AP

Originally published on Wed November 16, 2011 2:23 pm

The 2012 presidential campaign is already being shaped by new rules for political money. The Supreme Court's Citizens United ruling allows corporations to jump into the presidential contest, as lower-court rulings and the Federal Election Commission provide new avenues through which corporate money can flow.

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