Marketplace Morning Report

with David Brancaccio

Marketplace Morning Report for Wednesday, November 13, 2013

The United Nations said today that production of the plant used to make heroin has hit a record high in Afghanistan. This comes after more than a decade of trying to wean the Afghan economy from this deadly cash crop, which is now expanded to more than half a million acres. And, last night at Christie's, a triptych by Francis Bacon went for $142.3 million. That's the most ever for a work of art, which sold after what the auction house called six minutes of fierce telephone bidding. At Sotheby's in New York tonight, it's possible the new record will be broken again when Andy Warhol's "Silver Car Crash, Double Disaster" goes on the auction block.

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A woman washes amid scenes of devastation in the aftermath of Typhoon Haiyan on November 13, 2013 in Tacloban, Leyte, Philippines. Typhoon Haiyan, packing maximum sustained winds of 195 mph (315 kph), slammed into the southern Philippines and left a trail of destruction in multiple provinces, forcing hundreds of thousands to evacuate and making travel by air and land to hard-hit provinces difficult. Around 10,000 people are feared dead in the strongest typhoon to hit the Philippines this year.
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Marketplace Morning Report®, hosted by David Brancaccio, kicks your weekday off right. Now a regular segment on NPR’s Morning Edition®, it’s a dash of news to go with that first cup of coffee. Get a global perspective on what’s making the business news headlines, airing up to five times each morning.