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Friday, March 20, 2009

Economists Question Obama

President Obama and his administration have encountered heavy criticism over the AIG bonuses and now, as Jeff Greenfield reports, economists are criticizing the handling of the recession.

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Refusing To Sell Out

One of Assignment America's more memorable reports was about a woman who stubbornly refused to sell her house, even as a giant building went up around her. The story's taken another twist. Steve Hartman reports.

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Banks Fire Back On House Bill

The White House has not said whether President Obama intends to sign the house bill that would impose a heavy tax on bailout bonuses. Wyatt Andrews reports on the backlash.

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Obama Reaches Out To Iran

In a sign of diplomacy, President Barack Obama taped a video message to the citizens of Iran, a nation that has strained relations with the United States. Lara Logan reports.

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U.S., Chinese Conflict At Sea

Exclusive video footage has been released which captures a pair of Chinese trawlers harassing an American surveillance ship 80 miles south of Hainan Island. David Martin reports from the Pentagon.

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Recession Benefits Repo Men

As many Americans have fallen behind on bill payments due to the ongoing recession, automobile reposition has emerged as a booming business. Hari Sreenivasan reports from Atlanta.

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Finding Vacation Bargains

Travel + Leisure senior consulting editor Mark Orwoll tells Maggie Rodriguez about some of the best places to find discount promotions and savings when planning a trip.

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Spring Break Deals

During hard times, college students are cutting back on the cost of their spring break but not on the partying. Michelle Gielan reports.

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The Wildcard, 03.20.09

Only on the Web: This week's lighter headlines range from humanoid robots to roof jumpers.

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Prescription For The Economy

What do you get when you put together an economist and a standup comedian? You get Yoram Bauman. By day, he teaches environmental economics. At night, he makes fun of economists and things economic.

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Georgia Town Faces Recession

Only On The Web: Known as the "carpet capital of the world," residents in the community of Dalton, Georgia now face massive economic setbacks due to the slump in construction.

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Notebook- Army Recruitment

Army recruitment has been rising steadily since last fall and, as Katie Couric opines, the surges gives recruiters the opportunity to build a more qualified force.

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WH Speaks On Bank Bailouts

White House economic advisor Austan Goolsbee talks about AIG and its effects on the President s economic agenda. The Slate's John Dickerson gets his reaction to the House taxation bill.

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Roundtable On AIG Fiasco

The Washington Post's Michael Shear and the Wall Street Journal's Jonathan Weisman dissect the AIG fiasco, who knew what when and the affects of the meltdown on Treas. Sec'y Geithner and Sen. Dodd.

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POLITICO Playbook 3/20/09

POLITICO Playbook 3/20/09

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Money In The Fast Lane

A flurry of cash was thrown out of a vehicle during a police pursuit on a highway in San Diego, Calif. Drivers pulled over to grab the bills, some stopping in the middle of the road. The suspect was eventually arrested.

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Court Artist William Hennessey

Court artist William Hennessey is sent in to cover major US cases when all cameras are turned away. Hennessy shows us some of his most poignant sketches and gives insight into his fascinating career.

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This Week in Playback - March 20th

This Week in Playback - March 20th

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Matthews- Obama didn't look 'stunned'

Matthews: Obama not 'stunned'

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Washington Unplugged 03.20.09

John Dickerson speaks with Obama economic advisor Austan Goolsbee and our roundtable about AIG and the future of Treasury Secretary Timothy Geithner. Also, veteran court artist William Hennessy.

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Waters- "They've got some explaining to do"

Waters: "They've got some explaining to do"

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Friday's Gibbs and takes

Friday's Gibbs and takes

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Mr. Ayers And Mr. Lopez

Discovered living on the streets by Los Angeles Times newspaper columnist Steve Lopez, mentally ill musician Nathaniel Ayers has become the subject of a book by Lopez and now a Hollywood film.

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Asparagus With Eggs

Chef Lidia Bastianich shares tips for cooking a flavorful asparagus with eggs ? a food she believes has been given a bad rap.

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Arnold- "He loves Special Olympics"

Arnold: "He loves Special Olympics"

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Govs back Obama on economy

Tripartisanship? Govs back Obama on economy

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This Week in Video - March 20th

This Week in Video - March 20th

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Gibbs- Obama Special Olympics comment "thoughtless"

Gibbs: Obama Special Olympics comment "thoughtless"

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Waters defends not reading stimulus

Waters defends not reading stimulus

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Obama Meets With Governors

Obama Meets With Governors

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Gibbs burns Chip Reid

Gibbs burns Chip Reid

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Ringling Bros. Dog Act

The latest Ringling Bros. Circus now in New York features rescue dogs known as "K-9." They appear on "The Early Show" to do a few new tricks.

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Jason Segal Is A Loveable Man

I Love You, Man brings actors Jason Segal and Paul Rudd together again for a new "bromantic" comedy. Maggie Rodriguez talks to the "How I Met Your Mother" star about his latest film.

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Car Art Road Show

Jack Pitney from BMW tells Dave Price about a road show that can take itself on exhibition. That is, BMWs that have been painted by Andy Warhol, Frank Stella, Robert Rauschenberg and others.

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Corzine- Better off [bankrupt

Corzine: Better off [bankrupt

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Friend Remembers Richardson

Designer Kenneth Cole, a personal friend to Natasha Richardson, talks about her personality and commitment to AIDS research with Maggie Rodriguez.

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Head Trauma Risks For Kids

Dr. Arno Fried, a neurosurgeon, explains to Chris Wragge about epidural hematomas and has advice for concerned parents after actress Natasha Richardson died tragically following a skiing accident.

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Harry Reid and AIG- "In The Room When The Deals Are Made"



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New regulations on Recovery Act spending

New regulations on Recovery Act spending

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Singing Family Finalists

Chris Wragge and Maggie Rodriguez announce that the Peays and J4 have made it to the final round of "The Early Show" Singing Family Face Off.

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Tips For Home Refinancing

Consumer expert Vera Gibbons explains to Chris Wragge about conditions in the housing market for buyers and homeowners thinking about refinancing while interest rates are at incredible lows.

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New regulations on stimulus spending

New regulations on Recovery Act spending

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Obama talks brackets... again

Obama talks brackets... again

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Tips For Getting In Shape

Adam Campbell from Men's Health magazine shows Maggie Rodriguez some affordable home fitness gear that can also travel, eliminating any excuse for not getting to the gym.

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Ex-AIG CEO Shrugs Off Blame

Edward Liddy, the current CEO of AIG, blamed Hank Greenberg, ousted in 2005, for retention bonuses and failed assets. Maggie Rodriguez sat down with Greenberg to get his reaction.

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Dodd on bonuses- "It's infuriating"

Dodd: "It's infuriating... I'm angry about it"

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Is Obama Doing Too Much?

Slate.com's John Dickerson tells Chris Wragge the President may need to refocus his public image to counter critics who suggest Obama is doing too much.

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Obama On Leno's 'Tonight'

An off the cuff remark made on "The Tonight Show With Jay Leno" threatens to mar President Obama's message to Americans, reports Chip Reid.

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Morning Show Roundup 3/20/09

Morning Show Roundup 3/20/09

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Sphincters cracks up Morning Joe crew

Sphincters cracks up Morning Joe crew

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Sphincters cracks up Morning Joe crew

Sphincters cracks up Morning Joe crew

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Shriver on Obama's Apology for Special Olympics comment

Shriver on Obama's Apology for Special Olympics comment

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POLITICO Playback 3/20/09

POLITICO Playback 3/20/09

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Raw Video- First Lady Breaks Ground for Garden

Twenty-six elementary schoolchildren wielded shovels, rakes, pitchforks and wheelbarrows to help first lady Michelle Obama break ground on a produce and herb garden on the White House grounds. (March 20)

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Search Dog Arrives in Aruba for Holloway Case

Prosecutors in Aruba say the father of Natalee Holloway has flown a search dog and his handler to the island although they have no new leads in the case. (March 20)

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Money Minute- Madoff, Fannie, Nike

Bernard Madoff will remain in prison until he is sentenced for defrauding thousands of investors out of billions of dollars. (March 20)

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Bernanke- Exec Compensation Must Be Monitored

Federal Reserve Chairman Ben Bernanke on Friday called for banking supervisors to pay 'close attention' to compensation practices as they examine the soundness of financial institutions. (March 20)

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Your Money- Your Dollar and Its Value

Many ordinary investors may be considering pulling funds out of the stock market, but as author Lynette Khalfani-Cox explains, that move might not be the best decision. E-mail your questions to yourmoney@ap.org (March 20)

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March 20- Stocks Fall, but Log 2nd Week of Gains

Wall Street's mid-March rally is on hold, but the market still managed its first two-week gain in close to a year. (March 20)

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AIG Outrage Continues As Protests Planned

As the outrage over AIG executive compensation simmers, the blame game is being played out. (March 20)

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First Person- On the Prowl for Cyber Predators

In Wisconsin, a team of agents and computer experts are tasked with protecting the state's children from online exploitation. But despite the police presence in chat rooms, the child porn trade thrives. (March 20)

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Obama Urges States to Use Recovery Money Careful

With states eager to spend, President Barack Obama announced new guidelines Friday limiting the role lobbyists can play in determining how $787 billion in economic stimulus money will be used. (March 20)

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Raw Video- First Lady Breaks Ground on Garden

Twenty-six elementary schoolchildren wielded shovels, rakes, pitchforks and wheelbarrows to help first lady Michelle Obama break ground on a produce and herb garden on the White House grounds. (March 20)

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Man Arrested in Bronx Arrow Shooting

New York police say a man accidentally shot a woman in the stomach with a 30-inch arrow when he fired it at a fence and it went through to the property next door. (March 20)

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US Navy- 2 Vessels Collide in Strait of Hormuz

Two U.S. Navy vessels, a nuclear-powered submarine and an amphibious ship, collided during the early morning hours Friday in the Strait of Hormuz between Iran and the Arabian peninsula, the U.S. Navy's 5th Fleet reported. (March 20)

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Gunman Shoots BB Gun Near French School, 11 Hurt

Someone armed with a BB gun shot at people near a nursery school in the French city of Lyon on Friday, slightly injuring 11 adults but no children, the city's public prosecutor said. (march 20))

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Obama Extends Hand to Iran Via Video Msg

President Barack Obama is reaching out to the Iranian people in a new video, saying the U.S. is prepared to end years of strained relations if Tehran tones down its bellicose rhetoric. (March 20)

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Plane Crash in Ecuador Kills at Least 7

A fire chief says seven people are dead after a small military plane slammed into an apartment building in the Ecuadorean capital. The plane was on a training mission when it crashed. (March 20)

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Obama Extends Olive Branch to Iran

President Barack Obama is reaching out to both Iranian leaders and the Iranian people. The AP's Julie Pace looks at how Iran is responding. (March 20)

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White House- Agenda on Track, Despite Deficits

The White House says the president's agenda is still on track despite worsening deficit projections. The Congressional Budget Office predicts the deficit over the next 10 years will be $2.3 trillion more than the administration predicted. (March 20)

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Business- Jousting for Jobs

Steven Greenhouse looks at a growing competition for jobs between the young and old as unemployment soars in Broward County, Florida.

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World- Obama Reaches Out to Iran

Ian Fisher, a deputy foreign editor of The New York Times, discusses President Barack Obama's video message to the Iranian people.

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The Minimalist- Egg Noodles in Soy Broth

Mark Bittman makes "The Anti-Ramen" with an unexpected condiment.

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Bloggingheads- Bloggingheads- Help the Poor, Get Rich

Peter Singer, left, of Princeton University and Tyler Cowen of George Mason University debate getting rich as a way to help the poor.

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Tokyo's Bug Eating Club

Tokyo's Bug Eating Club

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Raw Video- Space Station Stretches New Wings

The international space station's newly installed solar wings are getting stretched. Astronauts aboard the orbiting station-shuttle complex started unfurling the two wings late Friday morning, by remote control. (March 20)

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EU promises billions for Eastern Europe

EU leaders have pledged 125 billion euros in support for eastern Europe and the International Monetary Fund (IMF), after rejecting calls to plough more taxpapyer cash into their own faltering economies.

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Evanglicals feed Africa's faith

Like many countries across Africa, Benin has witnessed a spectacular rise in evangelical Christianity, as the Roman Catholic Church of the country's former colonial power, France, loses influence with locals. Converts praise the emotional intensity of the experience, while naysayers gripe that religion has become big business.

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'Slumdog' kids hit catwalk in India

It's been a month since the Oscars, and "Slumdog Millionaire" child actors Rubina Ali and Azharuddin Ismail are once again the limelight -- this time, on a fashion catwalk in New Delhi.

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EU promises billions for Eastern Europe

EU leaders have pledged 125 billion euros in support for eastern Europe and the International Monetary Fund, after rejecting calls to plough more taxpapyer cash into their own faltering economies.

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Robo Croc'- Crocodile Undergoes Surgery

A Marathon veterinarian has rebuilt an injured American crocodile's skull at Miami Metrozoo's animal hospital installing four steel plates with 41 screws into the skull of the reptile. (March 19)

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AP Top Stories

Here's the latest news for Friday, March 20th: Obama assures Californians on the economy; Broadway lights dimmed for Natasha Richardson; Woman exercises husband to death; Florida crocodile has skull fixed.

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2 U.S. Journalists Apparently Held in N. Korea

Two American journalists were missing Thursday after they were reportedly detained by North Korea for ignoring warnings to stop shooting footage of the reclusive country. (March 20)

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Austrian Man Gets Life for Incest, Murder

Josef Fritzl was convicted of homicide, enslavement, incest, rape and other charges and sentenced to life in a psychiatric prison for holding his daughter captive for 24 years and fathering her 7 children. (March 19)

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Man Convicted for Tossing Kids Off Bridge

A man was convicted of murder Thursday for throwing four young children to their deaths from a coastal Alabama bridge last year, with the jury needing only 40 minutes to reach a verdict. (March 19)

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AP Top Stories

Here's the latest news for Friday, March 20th: Obama assures Californians on the economy; Broadway lights dimmed for Natasha Richardson; Woman exercises husband to death; Florida crocodile has skull fixed.

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Obama seeks 'new beginnings' in surprise message to Iran

US President Barack Obama sought to slash through decades of distrust and animosity Friday by launching a historic appeal directly to the Iranian people, urging a resolution of differences and the launch of an "honest" engagement with Tehran.

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Police- Woman Exercised Sick Husband to Death

Chris Mason was accused of recklessly exercising her frail husband to death. Ohio authorities suspected the transgendered woman was looking to cash in on her husband's retirement benefits. She's facing up to 5 years in prison. (March 19)

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Hopes and fears as India prepares to launch world's cheapest car

Millions of Indians dream of owning a Nano, the world's cheapest car priced at 2,000 dollars. But Tata's little car could also result in an nvironmental nightmare.

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Turning on the tap in Ukraine

They may live on Europe's doorstep, but residents of Lviv in Ukraine struggle with basic services akin to those found in much poorer lands. Crumbling infrastructure has led to a chronic water shortage. And only six hours of running water daily, city dwellers are forced to plan carefully when they will do dishes, cook or bathe. A voiced version of an AFPTV report.

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RAW- EU leaders meet on crisis

EU leaders agreed on Friday to double emergency loans to eastern European countries to 50 billion euros, in a show of support for a region hit particularly hard by the worst recession since World War II.

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Gaza struggles to secure clean water

Of the 1.2 billion people in the world without access to clean drinking water, a quarter of them live in war zones. The recent conflict in Gaza seriously damaged the territory's infrastructure and its water supply.

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Mandela's township house opens to public

The former matchbox home of Nelson Mandela in Soweto township has been transformed into a museum in honour of the country's first black president.

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EU hopes Obama message opens 'new chapter' with Iran

EU foreign policy chief Javier Solana voiced hope that a video message from US President Barack Obama to Iran would mark a "new chapter" in international relations with Tehran.

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'Slumdog Millionaire' kids hit the catwalk

The glamour of Hollywood may be long gone, but nothing is stopping two children starring in 'Slumdog Millionaire' from still soaking up the limelight. Rubina Ali and Azharuddin Ismail stepped on the catwalk in New Delhi for a fashion show by local designers, perhaps the first of many public appearances and endorsements.

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Hopes for an independent judiciary in Pakistan

Many in Pakistan hope the reinstatement of chief justice Iftikhar Chaudhry is a positive step towards a proper independent judiciary. He takes up office on March 22, 2009.

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Humpback whale strays in Hong Kong waters

A humpback whale has strayed in a busy shipping channel in Hong Kong, the first ever sighting of the giant mammal off the southern Chinese city.

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Majority of Americans Favor Use of Nuclear Energy

Fifty-nine percent of Americans say they somewhat or strongly favor the use of nuclear energy as one of the ways to provide electricity for the United States and 37% somewhat or strongly oppose its use.

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