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Wednesday, December 24, 2008

Friars of the South Bronx

Franciscan friars in the South Bronx give up material possessions and devote their lives to prayer and charity.

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Xenophobic Violence in South Africa

Poor South Africans are taking out their frustrations on poor foreigners.

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New Year's Secret From Jaffe

MarketWatch's Chuck Jaffe talks about New Year's resolutions and why net worth is more important than investment returns. (Dec. 24)

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On Pirate Lookout in Somalia

Ships traveling through the Indian Ocean are on the lookout for pirates. Fox's Greg Palkot reports from one of those ships off the coast of Yemen. Video courtesy Fox News.

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Tranocean Becomes Forbidden Fruit

Transocean was once a must-have stock, but after it's move to Switzerland it was kicked off the S&P 500. A recovery in oil prices and the broader economy could propel it forward.

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After the Economic Meltdown

The global meltdown has brought home the interconnectedness of the world's finance and trading systems. Failing financial institutions, frozen credit, volatile stock markets, mounting job losses, and painful cuts in wages are impacting the lives of struggling citizens worldwide.Combined with growing skepticism about globalization, President-elect Barack Obama faces a challenging backdrop to the formulation of his international economic policy. The incoming administration will need to determine the level and objectives of development assistance, trade priorities, an approach to reform of international financial institutions, and a strategy to advance the Decent Work Agenda. Ideally these must be knitted together into an integrated economic policy. The new administration must also work together with progressive partners at home and abroad to address these daunting challenges, drive economic recovery, and strengthen the world economy's virtuous circle of mutually reinforcing gains in living standards.Discussing these issues, UNDP Secretary General Kemal Dervis and ILO Director-General Juan Somavia will join CAP's Senior Fellow and World Economic Forum Managing Director, Richard Samans.CAP is grateful to the Heinrich B??Foundation for their support of this event.

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'Waltz With Bashir'

See a clip from the film "Waltz With Bashir." Video courtesy of Sony Pictures Classics.

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'Last Chance Harvey'

See a clip from the film "Last Chance Harvey." Video courtesy of Overture Films.

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'Bedtime Stories'

See a clip from the film "Bedtime Stories." Video courtesy of Walt Disney Pictures.

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Guinea Control Questioned

Despite an attempted coup Tuesday, Guinea Prime Minister Ahmed Tidiane Souare insists he is still in charge. The National Council for Democracy and Development, however, beg to differ. Video courtesy of Reuters.

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Gloomy? Send in the Clowns!

New academic research shows the more happy people we know, the happier we are likely to be. In tough economic times, laughter may well be the best medicine, Reuters reports.

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Yes, Virginia, There is a Santa School

Watch as St. Nicks-to-be are trained to be merry at a German Santa school in this Reuters video.

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What's In Store For Big Three?

Peter Morici, an economist from the University of Maryland, tells Jeff Glor about the potential future of Detroit's auto industry in the wake of a recent bailout approval from President Bush.

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The Priests

Three "pop star" padres who are said to sing like angels, talk to Maggie Rodriguez about balancing their careers as priests and recording artists.

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Sharing the Church of the Nativity

Christmas is a time of sharing and nowhere is that more true at the Church of Nativity in Bethlehem . For centuries three different Christian groups have divvied up the holy spot.

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A look back at the 2008 financial crisis

2008 will be remembered mostly as the start of the worst economic crisis in decades. A crisis that is set to worsen in 2009, and likely to leave tens of millions unemployed.

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A Very Cookie Christmas

Katie Lee Joel showed Harry Smith how to make festive Christmas cookies for the family or for Santa.

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VHS Tapes Going Nostalgic

Stores are no longer carrying them as demand drops, but if you have home movies on them, you can convert them to DVD, reports Daniel Sieberg.

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Last Minute Stocking Stuffers

It's not too late to shop for that last little gift, Jenn Falik tells Harry Smith. She suggests nifty games and stocking stuffers.

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Kwanzaa Holiday Film

A new documentary celebrates African-American culture. Debbye Turner-Bell talks to director M.K. Asante, Jr. about his film, "The Black Candle."

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NORAD Tracks Santa's Sleigh

Harry Smith spoke with NORAD Commander Gen. Gene Renuart about the status of Santa Claus's sleigh and gift deliveries around the world.

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Indulging Without Overeating

Registered Dietician Keri Glassman showed Debbye Turner Bell how to use portion control to curb overeating during the holidays.

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This year in US politics

An overview of the most important political moments of 2008, the year that the US elected its first black president.

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Trouble in Thailand's Tropical Paradise

Thailand's southern white sand beaches are supposed to be crammed with holidaymakers as the peak season gets into full swing, but after protests that closed Bangkok's airports they are half empty.

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Blackwater case revisted

Earlier in December, five guards from the US security firm Blackwater Worldwide, were charged with killing Iraqi civilians with gunfire on September 16, 2007. The victims� families speak out.

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Brave Rescues In Water Break

A Washington, D.C. area water main break stranded drivers and challenged rescue workers, reports Thalia Assuras. Debbye Turner-Bell talks to two people who were on the scene.

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Adam Sandler's Bedtime Story

Harry Smith spoke with actor Adam Sandler about his current film, "Bedtime Stories" and his childhood.

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Madoff Victim Commits Suicide

Former Madoff Investor Robert Chew spoke with Harry Smith about his reaction to the suicide of a man who lost over $1 Billion dollars in Bernard Madoff's investment scam.

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Many Stuck At Airports

Hundreds of cancelled flights are leaving holiday travelers with few options but it pays to be flexible, reports Dave Price.

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Saying Goodbye

From George Carlin to Bette Page; here's a look back at the icons and legends we lost in 2008.

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MoneyWatch

As 2008 comes to an end, reports indicate that new home sales have reached an 18 year low. Alexis Christoforous reports on this and the rest of today s top financial news.

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2008 Entertainment Recap

From Heath Ledger's death to Tina Fey's now infamous impersonations of Sarah Palin, 2008 marked an unforgettable year for Hollywood. Teri Okita highlights some of this year's top celebrity headlines.

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The Baghdad Express

Now that security has improved slightly in Iraq, many hope this will ease fears of riding on trains. Elizabeth Palmer reports.

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Making Ends Meet

As the U.S. falls deeper into recession, a record number of Americans are being forced to apply for government assistance. Byron Pitts reports.

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The Economy's Impact On Crime

The struggling U.S. economy is having a major impact on many Americans, forcing them to take desperate and illegal actions including shoplifting. Randall Pinkston reports.

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Not-So-Merry Travel Season

Over 60 million Americans are expected to travel this holiday season. But due to the recession, some communities may not have an adequate budget to clear up snowy roadways. Cynthia Bowers reports.

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Obama Report On Blagojevich

An internal review by President-elect Obama's transition team denies any wrongdoing between themselves and Gov. Blagojevich. But, as Ben Tracy reports, Rahm Emmanuel did speak with the governor.

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A Mother's Reason To Run

A mother's love for her once troubled daughter sent her running to the farthest corners of the earth in an effort to promote drug rehabilitation and treatment.

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Foreclosed Homes Trashed

Many owners vacating foreclosed homes are selling off all the fixtures before they leave, further depressing home values, even their neighbors', reports Kelly Cobiella.

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Rick Warren's Gay PR Stunt?

Pastor Rick Warren caused more of a stir after visiting a thrift store in Calif. that supports LGBT and AIDS causes. Warren will speak at Barack Obama's presidential inauguration.

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Most Americans Positive About Christmas This Year

One-quarter of Americans think that this Christmas will be happier than prior Christmases, 47% say it will be the same, and just 20% think it will be less happy.

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Chilling out in Sweden's Ice Hotel

As soon as the winter begins, a team of snow builders, architects, designers and artists from all over the world gather in the little Swedish town of Jukkasjaervi, 200 kilometres north of the Arctic Circle, to build the Ice Hotel. Each room is different but the temperature is the same everywhere: minus five centigrade.

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Farmed caviar, a Christmas delight

It's Christmas Eve and time to splash out and savour special delicacies like caviar. For years, farmed caviar has been snubbed by connoisseurs, but with a virtual ban on wild caviar in place, gourmets are losing their snobbery. A tour around the Esturgeonniere caviar farm in Teich in southwest France.

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Hong Kong workers seek stress-relief in Sleep-pods

Stressed out workers in bustling Hong Kong have discovered a new way to tune out the chaos - a short spell in a science-fiction looking sleep-pod.

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