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It's Election Day in Nicaragua where President Daniel Ortega is running for an unprecedented third term. The country's constitution sets a two-term limit, but the Supreme Court declared that unconstitutional. The longtime Sandinistan leader has been leading in the polls. NPR's Jason Beaubien reports from Managua.
Nicaragua isn't the only country in Central America holding elections today. In Guatemala, people are also headed to the polls to choose a new president. And in both countries, the elections are fraught with history.
Back in the 1980s, Guatemala and Nicaragua were facing civil war and revolution. Twenty-five years later, both countries are still embattled but with different issues.
Occupy Wall Street is in its second month of protest, and the frustration with financial big wigs continues to grow. Tomorrow's protesters will track 11 miles from Upper Manhattan to Lower Manhattan, ending in Zuccotti Park, the place where it all started seven weeks ago. They're calling the walk End to End for 99%.
These events are becoming a familiar sight to bankers looking down from their high-rise windows onto the tent city below. But what's Wall Street really thinking about the so-called 99 percent just outside their offices?
Zynga is a company that makes money by selling nothing. Or, to be fair, by selling imaginary things, like tractors that plow farms on Facebook.
A "virtual good" is the term of art for an industry that minted $9 billion last year alone. Zynga is America's first virtual goods company to file an initial public offering. The IPO is expected to go through before Thanksgiving and will test whether the company's modern day alchemy — turning virtual goods into real money — is a game-changer for the gaming industry.
If your U.S. senator or representative is on the super committee, expect your local airwaves to be peppered with oil industry ads in coming weeks. The basic message: Higher taxes on oil companies don't make financial sense.
The super committee in Congress is racing to find places to cut more than a trillion dollars out of the nation's deficit by Thanksgiving. The oil industry fears that ending its tax breaks may be one way the super committee will decide to raise revenue. That's spurred Big Oil's lobbying machine to work overtime.
AUDIE CORNISH, host: Nicaraguans go to the polls today and are expected to reelect President Daniel Ortega, who is running in spite of a constitutional ban on presidents serving consecutive terms. Ortega, a Marxist icon of the 1980s, has become a polarizing figure in the Central American nation. NPR's Jason Beaubien reports from the Nicaraguan capital, Managua.
(SOUNDBITE OF DOG BARKING)
JASON BEAUBIEN: Martha Alicia Alvado loves Daniel Ortega. After all, it's because of him that she has her own house.
AUDIE CORNISH, host: This is WEEKEND EDITION from NPR News. I'm Audie Cornish. A political update now, but not about the 2012 presidential race. This Tuesday is election day in some places around the country, so we've invited in NPR's political junkie Ken Rudin to fill us in on who and what's on the ballot, and what the results may say about 2012. Good morning, Ken.
KEN RUDIN: Hi Audie.
CORNISH: So let's start with the two races for governor. Where are they, and what do we need to know about them?
AUDIE CORNISH, host: As this week's Eurozone crisis has unfolded, it seems every hour brings an unexpected twist. But if there's one thing certain about the drama, it's this: everyone in Baltimore's historic Greektown is watching. WYPR's Sarah Richards files this report.
After a week of political turmoil in Greece that threatened the fate of the eurozone, Prime Minister George Papandreou is deadlocked with his major opposition rival in trying to form a coalition government to restore market confidence in the debt-laden nation.
The increasingly unpopular prime minister has not yet announced his promised resignation, keeping the political world on tenterhooks.
Papandreou insists a national unity government would provide broad parliamentary consensus for a crucial $179 billion bailout deal and partial write-off of Greece's debt mountain.