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Latin America
3:33 am
Fri November 22, 2013

Hondurans To Elect New President On Sunday

Originally published on Fri November 22, 2013 3:18 pm

Transcript

DAVID GREENE, HOST:

This Sunday, a presidential election will be held in Honduras. Nine candidates are vying to lead the Central American country. The top two contenders are the candidate from the ruling party that took power in a 2009 coup and the wife of the former president who was deposed in that coup. Crime and the economy are the big issues in a country with the world's highest homicide rate, rampant drug and gang violence, and a government that's mired in debt. NPR's Carrie Kahn reports from the Honduran capital.

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Business
3:33 am
Fri November 22, 2013

As Inequality Grows, Swiss To Vote On Curbing Executive Pay

Members of the Swiss trade union Unia, supporting a referendum to limit the pay of executives to 12 times that of a company's lowest-paid employee, demonstrate in Zurich in August.
Arnd Wiegmann Reuters/Landov

Originally published on Fri November 22, 2013 11:12 am

Switzerland may be known for watches, wealth and secretive bank accounts, but increasingly people believe that not everyone is reaping their share of the country's economic well-being.

So on Sunday, the Swiss will vote on a referendum that would limit a CEO's pay to 12 times that of the company's lowest-paid worker.

The youth wing of the Social Democratic Party collected the 100,000 signatures necessary to turn the measure, known as the 1:12 initiative, into a national referendum.

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Business
3:33 am
Fri November 22, 2013

Because Of Noise, Bar To Raise Drinking Age To 25

Originally published on Fri November 22, 2013 6:28 am

Phil's Crummy Corner, a bar in Brooklyn, announced it is raising its drinking age to 25. The restaurant manager told local news site DNA Info that the age limit will only be in place on weekend nights. It's an attempt to keep out loud and rowdy late night crowds.

Business
3:33 am
Fri November 22, 2013

Federal Regulators Crack Down On Payday Advances

Originally published on Fri November 22, 2013 4:45 am

Consumer advocates are hailing a decision by federal regulators to crack down on so called deposit advances — a type of payday loan offered by some banks. Going forward, banks will not be allowed to let their customers take deposit advances more than once a month, or take them in consecutive months.

Business
3:33 am
Fri November 22, 2013

Government To Sell Its Remaining GM Shares

Originally published on Fri November 22, 2013 6:23 am

The Treasury Department announced on Thursday that the U.S. government will sell its remaining 31 million shares in GM by the end of the year. The government received the stock when it bailed out GM during the financial crisis.

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