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Thursday, May 14, 2009

Architecture In Modern Times

Analysis and discussion with Bernardo Fort-Brescia of Arquitectonica Founding Principal. (Asia Confidential)

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India's Government Will Hold Power

Analysis and discussion with Song Seng-Wun of CIMB-GK Securities Economist. (Asia Confidential)

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Pelosi- CIA Lied To Me

U.S. Speaker of the House Nancy Pelosi says that she received misleading knowledge about CIA interrogation techniques of alleged terrorists. As Bob Orr reports, this claim has been heavily disputed.

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Japan's Recovery From Its Worst Recession

Report and analysis with David Tweed of Bloomberg News. (Asia Confidential)

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Credit Card Debt Epidemic

Millions of Americans have soaring levels of credit card debt. Nancy Cordes reports that U.S. lawmakers are now pushing for legislation and reform relating to interest rates and regulations.

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The Power Of The Immune System

New therapy shows dramatic results against neuroblastoma, one of the deadliest forms of cancer in children. As Dr. Jon LaPook reports, it will help the patient's own immune system fight the disease.

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The Shake It Off Law

Washington state governor Christine Gregoire signed a new law that protects young athletes who suffer an injury and are told, sometimes forced, to get back in the game. Sandra Hughes reports.

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The Decline Of Car Dealerships

Chrysler has announced that hundreds of dealerships throughout the nation will be closed as a result of bankruptcy. As Mark Strassmann reports, General Motors may begin a mass shutdown as well.

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SEC Asleep Behind The Wheel

The SEC is under fire once again over two employees who are currently under investigation by the FBI for insider trading. Armen Keteyian reports.

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Hubble Repair Mission Setbacks

Aside from wonder and amazement while stationed 350 miles above Earth, NASA spacewalkers have also faced dramatic moments in the effort to update the Hubble Space Telescope. Daniel Sieberg reports.

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U.S. Dollar Faces Challenges

Nouriel Roubini says that China's currency could replace the U.S Dollar as the world currency. (The Bloomberg Edge)

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Historic Earnings On Stocks

Analysis and discussion with Trevor Kalcic, RBS Analyst. (The Bloomberg Edge)

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RBS On Singapore Stocks

The Royal Bank of Scotland says the Singapore's poor performance has created an evaluation discount. (The Bloomberg Edge)

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Positive Effect Of Election In Indonesian Market

Domestic spending rebounds and consumer confidence soared at a four-year high. (The Trade)

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Earnings Season In The Philippines

Ayala Corporation first quarter profit and sales decline. (The Trade)

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Fallen Angels List Grows

41 Companies lost their investment grade rank in 2009 with a combined debt of $136 billion according to a report by S&P analyst. (The Trade)

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Japan Stocks

Japan's largest lender, Mitsubishi UFJ and Sumitomo rises about 2%. (The Trade)

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Emerging Currencies

Indonesia is the only economy which experience positive growth this year with very strong domestic demand, and its fiscal deficit is not impacted like India. (The Trade)

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Soap Opera For Rio Tinto

BHP considers making an offer to help Rio Tinto raise capital, firstly by combining iron ore assets, a move that could save almost $10 billion in reduced costs. (The Trade)

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State School Fight Club

Warning: Graphic Material Cell phone video shows a staged fight among residents at a school for mentally disabled adults in Corpus Christi, Texas.

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Notebook- Chrysler Under Fire

Chrysler notified stunned dealers plans to eliminate 25% of its retail showrooms. As Jeff Glor reports, the company asked a U.S. bankruptcy court to terminate 791 franchise agreements as of June 9.

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Pelosi Points Finger At The CIA

House Speaker Nancy Pelosi accused the CIA of "misleading" Congress about the use of waterboarding. Pelosi's comments come as questions mount about what the Democratic leader knew and when.

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Sector Focus - Retail

Analysis and Discussion with Patricia Edwards of Storehouse Partners (Bloomberg News)

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Inside Look - Navellier's Investment Strategies

Analysis and Discussion with Louis Navellier: Likes SQM, Occidental Petroleum, McDonald's, Marvel, and Sturm Ruger (Taking Stock)

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Spotlight - Max Capital Group Ltd.

Interview with CEO Marty Becker (Taking Stock)

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Anna Wintour's Trademark Style

Morley Safer previews his interview with fashion editor Anna Wintour, who has a reputation of being demanding and difficult. Safer also discusses her trademark sunglasses.

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Oprah's Unintended Consequences

Oprah's "Superfood" Deprives Amazon Poor of Food Staples (Bloomberg Newss)

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Anna Wintour Behind The Shades

A preview of Morley Safer's report for "60 Minutes" on Anna Wintour, the famed and feared editorial chief of Vogue magazine, reveals her secret reason for wearing her now iconic dark sunglasses.

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Spotlight - J&J Snack Foods

Commodity vs. Food Prices - Interview with CEO Gerald Shreiber (Bloomberg News)

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In-Depth Look - Wholesale Food Prices Rose 1.5% in April

Wholesale Egg Prices Surge 44% - Analysis and Discussion with Roy Huckabay of Linn Group (Bloomberg News)

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Market Movers - Nordstrom, Agilent Technologies, Blockbuster

Nordstrom Earnings Beat Estimates, Raises 2009 Fiscal Year Earnings Forecast; Agilent Expects Fiscal 2009 Revenue to Decline 25% from Year Earlier; Blockbuster EPS Come in Ahead of Estimates, Reaffirms 2009 Forecast (Bloomberg News)

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Spotlight - Sybase

Interview with CEO John Chen (Bloomberg News)

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Trimming Your Waistline

Did you know that you can create a slimmer looking waist by having better posture? Personal trainer Carol Clements shows four exercises that help elevate and strengthen your core.

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Market Close 5.14

S&P Rises Nearly 1%; Dow Rises Less than 1&; Nasdaq Rises 1.4%; Financials and Info Technology Best Performers of the Day, Utilities the Worst Performer; Banking Stocks Fain as Libor Falls; Ford Shares Rise 4% on CEO Comments at Shareholder Meeting; Chrysler Canceling 789 Car Dealership Agreements Ahead of Fiat Partnership; Producer Price Index Rises 0.3% in April; Initial Jobless Claims Rose to 637K Last Week (Bloomberg News)

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Reverse Facial Signs Of Aging

Dr. Lawrence Reed explains to Julie Chen about the cosmetic and medical treatments to improve the look of a face in "The Early Show" series "Beating The Odds."

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The Face Is The First To Go

Dr. Lawrence Reed, a plastic surgeon, demonstrates to Julie Chen what areas of the face that are the first to show aging.

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What Happened To My Waist?

Dr. Jon LaPook takes a back seat on this episode of CBS Doc Dot Com to host a "ladies only" discussion about what postmenopausal women can do to look and feel their best.

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Inside Look - How to Create a Nationwide Standard

Reaction to Cuomo Announcement with Oran Kramer, Chairman of New Jersey investment Council (Bloomberg News)

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POLITICO Podcast- Wyclef Jean

POLITICO Podcast: Wyclef Jean

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Inside Look - Cornell Learns New Ways vs. Budget Cuts

Interview with Cornell University President David Skorton (Bloomberg News)

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Inside Look - Health Care Reform

Should Drug Companies Worry About Health Care Reform? - Interview with Eli Lilly CEO John Lechleiter (Bloomberg News)

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Obama Town Hall - Highlights

Obama Town Hall - Highlights

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More Perspective - Credit Card Reform

Exclusive Interview with White House Economic Adviser Austan Goolsbee (Bloomberg News)

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Carlyle to Pay $20 Million to Resolve Probe

Live! From New York, NY: NY Attorney General Andrew Cuomo Holds News Conference (Bloomberg News)

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Inside Look - Tracking Consumer Cents and Sense

According to BofA, 9 in 10 Americans Use Discounts and Promos When Shopping - Interview with Dan Ariely, Professor at Duke University and Author of "Predictably Irrational" (Bloomberg News)

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Geithner on housing program

Geithner on housing program

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Obama on Credit Card Reform

Obama on Credit Card Reform

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Inside Look - New Rules for Credit Cards

Roundtable Discussion with Susanna Montezemolo of the Center of Responsible Lending and Scott Talbot of the Financial Services Roundtable (Bloomberg News)

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Boehner responds to Pelosi

Boehner responds to Pelosi

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Wayans Brother's "Dance Flick"

It's been more than two decades since the Wayans family exploded onto the comedy scene. Two generations of this funny family have come together for a new film called "Dance Flick."

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Sector to Watch - Retail

Goldman Sachs Recommends Covered Calls on Range-Bound Stocks in Retailing Space (Bloomberg News)

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Ray Martin On Money Matters

Financial advisor Ray Martin is back by popular demand to answer questions about your money matters. Maggie Rodriguez reports.

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Sectors to Watch - Energy, Technology

Energy Stocks Rebound Despite Oil Falling for Second Day on IEA Cut of 2009 Fuel Demand; The Worst May Be Over for Information Technology Spending - According to Forrester Research, Growth in Corporate Tech Spending to Contract 3% in 2009 (Bloomberg News)

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Army Victim Spoke Of Issues

Army Sgt. John Russell showed signs of battle stress nearing the end of his third Iraq tour. Critics say the Army doesn t have the resources to deal with stress disorders, reports Kimberly Dozier.

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Inside Look - Reducing Foreclosures

More Incentives for Lenders to Modify Mortgages - Interview with National Community Reinvestment Coalition CEO John Taylor (Bloomberg News)

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Combating Internet Dangers

One family's tragedy may help enact laws that could combat Internet dangers, such as "sexting" and cyber-bullying. Cynthia Logan, who lost her only child last year, visited Capitol Hill as a speaker.

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Morning Show Roundup 5/14/09

Morning Show Roundup 5/14/09

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In-Depth Look - Green Shoots of Inflation?

Analysis and Discussion with Peter Boockvar of Miller Tabak (Bloomberg News)

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A Marine Wife's Courage

Tonia Sargent's life changed when her husband, Kenneth, was shot in the head in Iraq in August 2004. Tonia's commitment to caring for him and others has inspired many. Dave Price reports.

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Roberta McCain on Olbermann, Limbaugh

Roberta McCain on Olbermann, Limbaugh

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Gov. Sanford on Tea Party 2.0

Gov. Sanford on Tea Party 2.0

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Inside Look - Impact of Auto Dealership Cuts

Auto Dealers Urging Congress to Oppose Drastic Dealer Cuts - Interview with National Automobile Dealers Association Vice Chairman Edward Tonkin (Bloomberg News)

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Pelosi- Bush Briefers Misled Congress

Pelosi: Bush Briefers Misled Congress

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Inside Look - Geithner Plan for OTC Derivatives

Analysis and Discussion with Tim Backshall of Credit Derivatives Research (Bloomberg News)

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WH Phone 'Trouble'

CBS News White House Correspondent Bill Plante is asked to surrender his ringing cell phone during a press briefing given by Robert Gibbs. But Plante simply leaves the briefing room to take his call.

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The Currency Report - U.S. Dollar, Chinese Yuan

According to Nouriel Roubini, Dollar Faces a Challenge from Yuan (Bloomberg News)

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International Perspective - ECB Members Clash

Analysis and Discussion with Michael Taylor of Lombard Street Research: Most Worried About Spain and Italy's Economic Outlooks, Economy in France Will Be Helped by Consumer Spending (Bloomberg News)

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Lesbians On High Court List

President Obama's short list to replace Justice Souter includes two lesbians and D.C. insiders ponder the idea of an openly gay Supreme Court justice, reports Bill Plante.

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Hubble Repair To Begin

A piano-sized camera will be installed by astronauts during a high-orbit spacewalk to give the telescope a longer life. Space debris adds a level of risk to the mission, reports Daniel Sieberg.

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Inside Look - Wal-Mart Profit Little Changed in 1Q

Interview with America's Research Group CEO Britt Beemer (Bloomberg News)

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New Housing Plan Addresses Foreclosures and Credit Histories

Live! From Washington D.C. - NCRC News Conference Featuring NCRC CEO John Taylor, Treasury Secretary Timothy Geithner, and HUD Secretary Shaun Donovan (Bloomberg News)

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Fate Of Chrysler Dealers

The day of reckoning as Chrysler tells which dealer who can stay open. (Bloomberg News)

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Deadly Tornados Hit Midwest

Extreme seasonal weather wreaks havoc in four Midwestern states with deadly tornadoes also damaging property, reports Eric Chaloux from Kirksville, MO.

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In-Depth Look - Safe-Haven Dollar Back In Demand?

Interview and discussion with Sebastian Galy of the BNP Paribas. He talks about the economic data thats says the safe-haven dollar is back. (Bloomberg News)

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Inside Look - Is GM Bankruptcy Inevitable?

Interview and discussion with Jeremy Anwyl, CEO of Edmunds.com. He discusses the GM bankruptcy's effect in his company. (Bloomberg News)

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Obama Impersonators

Obama Impersonators

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POLITICO Playback 5/14/09

POLITICO Playback 5/14/09

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In-Depth Look - Technology Stocks

Analysis and discussion with Paul Meeks of the Winsor Asset Management. He discusses the technology stocks in the market, its strongest time to the best time to buy. (Bloomberg News)

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In-Depth Look - Governments Plan To Establish New Rules

Analysis and discussion with Rep. Barney Frank, House Financial Services Chairman. He discusses the government's new establish rules for how people are paid in the financial sector. (Bloomberg News)

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Market Open 5.14

Cris Valerio of Bloomberg News is live in the New York Stock Exchange with the latest in the market. (Bloomberg News)

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Inside Look - GM Bankruptcy

Interview and discussion with Fritz Henderson, General Motors CEO. He talks about his strategies for his company to survive in the near bankruptcy their facing. (Bloomberg News)

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Obama at ASU

Obama at ASU

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In-Depth Look - Citigroup Will Survive

Interview and discussion with Michael Price of MFP Investors. He is giving recommendations for stocks picks for the coming months. (Bloomberg News)

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In-Depth Look - U.S. Jobless Claims Higher Than Forecast

Interview and discussion with Nariman Behravesh, Chief Economist at IHS Global Insight. He talks about the unexpected number of jobless claims that pop out on the economy. (Bloomberg News)

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In-Depth Look - Fan Cost Index

Analysis and discussion with Jon Greenberg of the Team Marketing Report. He talks about the drop in the attendance in this sports season. (Bloomberg News)

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In-Depth Look - Deadline Tomorrow For GM's Canadian Unit

Analysis and discussion with the Former President of the Canadian Auto Workers, Buzz Hargrove. He talks about on how the union faces a deadline tomorrow where must come to an agreement with GM Canada or risk liquidation. (Bloomberg News)

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Curbing Credit Card Abuses?

Banks are under pressure from the Obama administration, as well. This time it is about their credit card practices. (Bloomberg News)

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S3T+in Funds Are Benchmark VS. MSCI Indexes

MSCI's addition of 22 Taiwan companies will trigger $687 million in capital inflows. (Bloomberg News)

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J.P.Morgan-China-Chairman Li To Leave

Charles Lee of J.P.Morgan is quitting after six years with the firm. (Bloomberg News)

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In-Depth Look - Can PIPP Stabilize The US Banking System?

Interview and analysis with Viral Acharya of NYU Stern School of Business. He discusses the treasury department move to narrow its list of applicant for the Public-Private Investment Partnership. (Bloomberg News)

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Penguins Beat Capitals 6-2

Penguins crush the Capitals in game 7 NHL Showdown. (Bloomberg News)

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S&P 500 Testing The Trend

The biggest broad drop in stocks within three weeks has left a key question for the S&P 500. Will the index snapped what has become a short-term trend. Willl that mark the beginning of a string of declines? (Bloomberg News)

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Treasury Narrows List For PPIP

Pimco and Blackrock are among money managers that the treasury is considering to take part it its public-private investment program. (Bloomberg News)

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Obama Impersonators

Obama Impersonators

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GM's Henderson Faces Major Oppositon From Dealers

GM's CEO is rushing to downsize the company as it teeters on the edge of bankruptcy. (Bloomberg News)

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Obama Texts Battier

Obama texts Houston Rockets player Shane Battier after playoff win. (Bloomberg News)

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62nd Cannes Film Festival

The 62nd Cannes Film Festival is underway. The first film to open the festival was an animated film "Up". (Bloomberg News)

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Judge Blocks DirecTV Ads

A judge has blocked DirecTV from running ads that question Charter communications ability to provide up-to-date technology. (Bloomberg News)

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Christie's NY Art Auction Boosts Confidence

The Beleaguered art market in the U.S. got a shot in the arm last night. Christie's auctioned $93 million of work yesterday. (Bloomberg News)

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Beer Sales In Recession

SABMiller net profits falls 7% on slumping sales in emerging markets. (Bloomberg News)

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Retail Round-Up

Wal-Mart and a host of retailers report quarterly results today. (Bloomberg News)

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Asian Market Check

Paul Gordon is live in Hong Kong with the latest on the Asian market. (Bloomberg News)

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In-Depth Look - Continuing Claims Out This Morning

Interview and discussion with Tom Keene, Bloomberg Editor at large. He talks about professor Roubini's article today on the remedy for the weekly jobless claims. (Bloomberg News)

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Government And Finance Intersection

President Obama's goal of cracking down on executive pay may face a battle in congress. The White House wants limits on compensation at all financial firms, not just the ones that receive tarp funds. (Bloomberg News)

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Craigslist Removing Erotic Services

Craigslist is removing its erotic services. This is after there were concerns raised over criminals using the site. (Bloomberg News)

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Skilling Convicted In 2006

Jeffrey Skilling is asking the U.S. Supreme Court to review his conviction for leading the fraud that destroyed the world's largest energy trader. (Bloomberg News)

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Senate Nears Passage Of New Credit-Card Restrictions

President Obama will be on New Mexico for town hall meeting to push for credit card reform. (Bloomberg News)

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Bankrupt General Growth Wins Loan

General Growth wins a $400 million loan in bankruptcy court. The mall operator won approval to use cash on hand to fund its operations. (Bloomberg News)

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Hedge Funds Bet On Failure

Hedge Funds are trying to boost returns by profiting from the failure companies. The latest example is Elliott Management. (Bloomberg News)

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Lehman May Spin Off

Lehman holding may spin off remaining assets. (Bloomberg News)

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Wholesale Price Report

The labor department release their producer price index for the month of April. (Bloomberg News)

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European Market Check

Stocks in Europe were down for the fourth day in a row, but they are mixed. (Bloomberg News)

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Fiat May Use Opel Designs For Chrysler Models

Fiat wants to use designs for future Chrysler models. (Bloomberg News)

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Auto Dealers Learn Their Fate

Chrysler dealer may find out as early as today if they will be cut. General Motors may notify their dealers tomorrow if they need to close their doors. (Bloomberg News)

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Mozilo Face Fraud Claims

WSJ says, Former countryside CEO Mozilo may face SEC civil fraud claims. (Bloomberg News)

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TALF Takes On Commercial Real Estate

The TALF program was created to spur consumer lending now the fed is using is to kick its activity in the commercial real estate market. A lot of risky assets do well over the past month. (Bloomberg News)

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Trace Cut Bond Spreads Almost Half

Seven years ago the Corporate Bank market adopted as traits electronic system to increase transparency but that cut spreads on bond trading by almost half so this proposal now goes to congress. (Bloomberg News)

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New Push To Regulate Derivatives

For the first time the government is moving to regulate the market for credit defaults swaps and other derivatives. The lack of oversight is largely blamed for the failure of several banks and insurance companies. (Bloomberg News)

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Extreme Sports- Swooping In for a Landing

Swoopers, or canopy pilots, have made the all important landing in skydiving into a new sport of agility.

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Gazans rebuild homes with mud

The combination of Israel’s recent destructive shelling of the Gaza strip and the ongoing blockade has led to a chronic shortage of housing -- and housing materials. Some are going back to basics in their search for a solution -- by building mud houses.

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Analysts Insights Pakistan's North West Frontier Province

Gallup World Poll Senior Editor Julie Ray discusses the views of Pakistanis living in the province where Pakistan's army is battling Taliban fighters.

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Astronauts take first Hubble spacewalk

Two astronauts from the US space shuttle Atlantis Thursday began the first of five ambitious spacewalks to overhaul the Hubble space telescope and extend its working life.

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Argentina's southernmost glaciers are disappearing

Ushuaia is the southernmost city on Earth, just at the edge of the Antarctic. But even in this fridgid climate, global warming is taking a huge toll on glaciers that not only support a tourist industry but also provide drinking water for the city.

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Arts- Guggenheim Museum Turns 50

As it turns 50, the Guggenheim in New York City remains a radical model for an art museum. Nicolai Ouroussoff, the Times's chief architecture critic, takes a retrospective look at the museum.

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Sports- Dave Wiens- Mountain Biker

Retired pro mountain biker Dave Wiens is the reigning champion of the Leadville 100 mile off-road race. This year he went head to head with retired pro road cyclist Lance Armstrong.

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Magazine- Batter Up

At Shopsin's General Store, Kenny Shopsin practices food politics in its rawest form. Here, he makes one of his signature dishes, mac 'n' cheese pancakes.

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Sports- Revisiting Shea Stadium's Flaws

The Times's Jay Schreiber walked to Shea Stadium as a kid. He recently returned for a final visit.

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Sports- Working Out with Sara Hall

Olympic hopeful Sara Hall offers training tips for runners.

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Business- Pot Pie Confidential

Reporter Michael Moss and Investigations Editor Christine Kay find that cooking a Pot Pie safely isn't easy or convenient.

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Magazine- Brain Dance

Creating the magazine's Green Issue cover with the dance company Momix.

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Sports- The Pregame Huddle

Connor Ennis and Pete Thamel discuss Florida's win over Oklahoma in the B.C.S. National Championship Game.

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U.s.- The Battle for Bristol Bay

A vote in Alaska may affect the permitting of the Pebble prospect, which could become the largest mine in North America.

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Sports- Serena's Hitting Partner

Bajin Aleksander, Serena Williams's hitting partner, talks about helping the tennis superstar improve her game.

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U.s.- NBC- A Dual Life

A friend of Philip Markoff, who is accused of killing a woman who advertised on Craigslist, appeared on the "Today" show.(NBC video)

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Cannes Red Carpet- 'Spring Fever'

Controversy hit Cannes on Thursday with the premiere of the latest flick from Chinese director Lou Ye. His movie "Spring Fever" on love and homosexuality was shot on the quiet in east China despite a state work ban.

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Argan oil throws Moroccan women a new lifeline

Prized for its anti-ageing properties, argan oil is used in cosmetics the world over. Its popularity is giving women who produce the oil in southwestern Morocco a much needed income and is breathing new life into a barren desert area.

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Pilgrims throng to Pope's Nazareth mass

Tens of thousands of pilgrims with flags and banners thronged to the beat of drums and tambourines to witness Pope Benedict XVI celebrate his largest Holy Land mass on Thursday. At least 40,000 people filled the stands at the hastily constructed outdoor amphitheatre on Mount Precipice, just outside the city of Nazareth and nestled in the verdant hills of Israel's Galilee. Images

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Bloody battle looms for Pakistan's Swat capital

A deadly battle is looming over the capital of Swat, where armed Taliban have mined roads and dug trenches around 200,000 trapped civilians encircled by Pakistani troops.

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Cannes Interview- 'Spring Fever'

Controversy has hit the Cannes film festival on day two with a work from Chinese director Lou Ye. Lou made "Spring Fever", a look at love and homosexuality, on the quiet in east China despite being banned from filmmaking by state censors. Lou talks to AFPTV about the film, his third try for the festival's coveted Palme d'Or award.

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Cannes Excerpts- "Fish Tank"

Gritty, sassy and brutal -- the latest movie from British director Andrea Arnold premieres at the Cannes film festival on Thursday in competition for the coveted Palme d'Or. "Fish Tank" tells the story of 15-year-old Mia whose life is turned on its head when her mother brings home a new boyfriend. Excerpts of the film.

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Cannes Excerpts- "Spring Fever"

Controversy hits Cannes on Thursday with the premiere of the latest flick from Chinese director Lou Ye. His movie on love and homosexuality was shot on the sly in eastern China despite a state work ban. Lou, who is halfway through a five-year ban on film-making imposed by China censors in 2006, will showcase his latest movie "Spring Fever", his third try for the festival's coveted Palme d'Or award. Excerpts of the film.

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Myanmar's Suu Kyi charged over US intruder

Myanmar's military junta has charged pro-democracy icon Aung San Suu Kyi with breaching the terms of her house arrest over an incident in which an American man swam across a lake and entered her home. The opposition leader will face trial on Monday, but human rights groups say the arrest has more to do with sidelining her from upcoming parliamentary elections than with her mysterious visitor. An AFPTV report.

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Stranger than Angels and Demons- Atom smashers on quest for Big

Tom Hanks' new film Angels and Demons puts the spotlight on the CERN nuclear research centre, from which the movie's villains steal antimatter to destroy the Vatican. In reality, Cern's projects are more far-reaching than even Hollywood fiction: The international centre hopes to recreate the Big Bang that created the universe.

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Rwanda's killers and victims shown at Cannes

Shot over a decade in a lush hillside corner of Rwanda, Cannes movie "My Neighbor My Killer" looks at whether victims and perpetrators of a mass atrocity like the genocide in Rwanda can ever learn to live together again.

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Civilians in crossfire of Pakistan battle

President Asif Ali Zardari of Pakistan has called for international aid for the more than half a million civilians fleeing a punishing military offensive against Taliban fighters. By UN count more than 670,000 individuals are now registered as refugees of the conflict that has torn apart the country's troubled northwest since the beginning of the month.

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Mingora residents trapped by Swat valley fighting

Terrified residents of Mingora are trapped by fighting, as Pakistan helicopters and fighter jets attack Taliban targets in the valley. AFPTV has obtained rare images of Mingora, shot on May 10.

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