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This edition was generated on Tue Mar 24 08:45:01 EDT 2009
WASHINGTON - The Federal Reserve's chairman and the secretary of the treasury are making a rare joint appearance at a congressional hearing, ostensibly to take a scolding over the handling of bonuses at AIG, the giant insurance company that has become the symbol of reckless risk-taking on Wall Street.
CHEYENNE, Wyo. - A blizzard shut down major highways Monday in Wyoming and South Dakota, and meteorologists said one mountainous area might get as much as 40 inches of snow.
CHICAGO - The largest study of its kind finds that older Americans who eat large amounts of red meat and processed meats face a greater risk of death from heart disease and cancer. The federal study of more than half a million men and women bolsters prior evidence of the health risks of diets laden with red meat like hamburger and processed meats like hot dogs, bacon and cold cuts.
HONG KONG - Kiefer Sutherland will be back to play Jack Bauer for an eighth season of the hit counterterrorism drama "24," but the show's longevity will depend on its writers, the actor said Tuesday.
WASHINGTON - NASA's online contest to name a new room at the international space station went awry. Comedian Stephen Colbert won.
LOS ANGELES - The World Baseball Classic belongs to Japan again. Seattle Mariners star Ichiro Suzuki hit a two-out, two-run single in the top of the 10th, and Japan beat reigning Olympic champion South Korea 5-3 Monday night to win its second straight WBC title before a boisterous crowd of 54,846 at Dodger Stadium.
BERLIN (Reuters) - U.S. President Barack Obama urged fellow leaders on Tuesday to agree swift action at a G20 summit next week to spur global recovery and Britain's Gordon Brown embarked on a tour to seek international accord.
WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner will face tough questions from lawmakers on Tuesday as he spells out the basics of the Obama administration's plans to reshape financial regulation at a high-profile congressional hearing.
WASHINGTON (Reuters) - The Obama administration on Monday offered a raft of incentives for private investors to help rid banks of up to $1 trillion in toxic assets that plunged the world economy into crisis.
JERUSALEM (Reuters) - Prime Minister-designate Benjamin Netanyahu won Labor chief Ehud Barak's agreement on Tuesday to a political partnership that could help Israel's next government avoid friction with Washington on Middle East peace.
SEOUL (Reuters) - Two U.S. journalists arrested last week by North Korean guards at the border with China have been moved to the capital Pyongyang and are being interrogated there, a newspaper said on Tuesday, quoting intelligence sources.
NEW YORK (Reuters) - A court-appointed trustee has located more than $1 billion of jailed swindler Bernard Madoff's assets, his house in France could be seized and U.S. prosecutors are cooperating with a British agency that investigates organized crime, a court heard on Monday.
NEW YORK (Reuters) - Fifteen of 20 American International Group leading bonus recipients have agreed to give them back in full, said New York's top legal officer who is probing into $165 million in executive pay at the troubled company bailed out by the U.S. government.
WASHINGTON (Reuters) - Facing anger over corporate bonuses and skepticism about his massive budget, President Barack Obama holds a news conference on Tuesday to explain his economic strategy to a recession-weary public.
BELGRADE (AFP) - Air-raid sirens wailed on Tuesday as Serbia marked the 10th anniversary of NATO's bombing campaign against the regime of late president Slobodan Milosevic to halt its violent Kosovo crackdown.
WASHINGTON (AFP) - Executives with AIG's financial products division have agreed to pay back 50 million dollars in bonuses amid outcry over the insurance giant's use of taxpayer cash for executive perks, officials said.
UMM EL-FAHM, Israel (AFP) - Israeli riot police fired tear gas to break up clashes on Tuesday in Umm El-Fahm, a bastion of Israeli Arab nationalism where far-right Jewish extremists held a court-sanctioned march.
JERUSALEM, (AFP) - Israeli Defence Minister Ehud Barak faces a key showdown with his Labour party as he asks the deeply divided faction to back a coalition deal with premier-designate Benjamin Netanyahu.
ISLAMABAD (AFP) - Pakistan's reinstated top judge Iftikhar Muhammad Chaudhry on Tuesday called upon lawyers to wipe out corruption in the judiciary on his first day in court for 16 months.
BELFAST (AFP) - A 17-year-old was due to appear in court in Northern Ireland on Tuesday charged with the murder of a policeman in an attack which fuelled fears of a return to the province's bloody past.
GENEVA (AFP) - Airline industry association IATA on Tuesday sharply increased its loss forecast for carriers to 4.7 billion dollars in 2009, which is set to be "one of the toughest years" that the sector has faced.
TOKYO (AFP) - A FedEx cargo aircraft crash-landed in strong winds Monday morning at Japan's Narita International Airport east of Tokyo and burst into a ball of flames, police and news reports said.
Every weekday, President Obama sits behind his big desk in the Oval Office or settles into a comfortable chair in his East Wing residence and opens a purple folder containing some very important material--10 letters from the outside world. The correspondence is chosen by his staff as a sampling of the 40,000 letters he gets every day. The letters are selected to give him an idea of the public's cares, concerns, suggestions, and critiques of how he's doing.
Washington - The US Supreme Court takes up a closely watched case on Tuesday examining when a documentary film may violate election law and become an illegal form of campaign advocacy.
BOSTON - From bloody sock to bum shoulder, Curt Schilling rarely left the Red Sox spotlight.
GENEVA - World airlines will lose $4.7 billion this year due to the economic crisis, while revenues will drop by more than after the Sept. 11, 2001 terrorist attacks in the U.S., a major industry association predicted Tuesday.