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Myanmar and other parts of Southeast Asia are awash with shoddy and phony malaria drugs. Some fakes are almost indistinguishable from authentic drugs. The counterfeits can be deadly for patients, but they also threaten to undermine major weapons against the disease.

UBS has agreed to pay some $1.5 billion in fines to international regulators following a probe into the rigging of a key global interest rate. UBS became the second bank, after Britain's Barclays PLC, to settle over the rate-rigging scandal.

Retailers that sell firearms are facing some difficult choices following the Sandy Hook tragedy. One of the largest outlets for firearms, Dick's Sporting Goods, says it is suspending sales of certain kinds of rifles during a "time of national mourning." Wal-Mart has removed a website-listing for a rifle similar to the one used by the gunman.

Morning Edition continues with its 12 Days of Tax Deductions series which focuses on individual tax deductions, credits and other breaks in the tax code. Steve Inskeep and David Greene report on the state and local income tax deduction - or sales tax deduction for states with no income tax.

As lawmakers on Capitol Hill struggle with looming deadlines on taxes and spending cuts, they now face another big question: What, if anything, can Congress do to prevent more massacres like the one last Friday in Newtown, Conn.? Some Democrats are pushing for tighter restrictions on guns and ammunition. In their way stands the Republican-run House.

An upcoming documentary highlights an extraordinary orchestra in Paraguay, whose young members play instruments made out of trash in a slum built on top of a landfill. Watch the trailer.

Others on the "short list" included Pakistani teenager Malala Yousafzai and Egyptian President Mohammed Morsi. Do you agree with Time's choice or would you have chosen someone else?

Also: The principal, a teacher and more children from the Newtown school massacre are laid to rest; more Pakistani health workers giving polio vaccines are killed; General Motors is buying back stock from the U.S. government from the auto bailout; and a major winter storm is headed for the Plains.

The powerful winter storm has prompted avalanche warnings in Utah, and blizzard watches in the Plains states. Travelers are advised to watch for airline delays.

The Beauty Shop ladies offer their thoughts about the Newtown shooting, including the implications for gun policy, the media, and American families. Host Michel Martin is joined by policy analyst Michelle Bernard, Melinda Henneberger of The Washington Post, blogger Viviana Hurtado and Democratic strategist Maria Cardona.