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Top World News

Employers shedding jobs as recession deepens (AP)

A pedestrian talks on his cell phone while walking past an AT&T store Thursday, Dec. 4, 2008, in Chicago. Pressured by the economic turmoil and the mounting loss of traditional phone customers, AT&T Inc. is cutting 12,000 jobs, about 4 percent of its work force. (AP Photo/M. Spencer Green)AP - With the economy sinking faster, employers are giving more Americans dreaded pink slips right before the holidays.


AP: US mulls unusual tactic in Blackwater case (AP)

Plainclothes contractors working for Blackwater USA take part in a firefight as Iraqi demonstrators loyal to Muqtada Al Sadr attempt to advance on a facility being defended by U.S. and Spanish soldiers in Najaf, Iraq in this April 4, 2004 file photo. The Blackwater USA contractors were actively involved in defending the position.  (AP Photo/Gervasio Sanchez, File)AP - Blackwater Worldwide guards involved in the deadly 2007 Baghdad shooting of Iraqi civilians could face mandatory 30-year prison sentences under an aggressive anti-drug law being considered as the Justice Department readies indictments, people close to the case said.


Top Indian official admits 'lapses' in attacks (AP)

This television frame grab shows Pakistani President Asif Ali Zardari in Islamabad, teleconferencing to an audience in New Delhi on November 22. Zardari said he was in favour of a no-first-use policy on nuclear weapons, a stance already announced by neighbouring India.(AFP/HO)AP - India's top law enforcement official is admitting government "lapses" in last week's Mumbai attacks.


Democrats: Obama needs hands-on economic approach (AP)

President-elect Barack Obama listens to a question at a news conference in Chicago, Wednesday, Dec. 3, 2008. (AP Photo/Charles Dharapak)AP - Democrats are growing impatient with President-elect Barack Obama's refusal to inject himself in the major economic crises confronting the country. Obama has sidestepped some policy questions by saying there is only one president at a time. But the dodge is wearing thin. "He's going to have to be more assertive than he's been," House Financial Services Committee Chairman Barney Frank, D-Mass., told consumer advocates Thursday.


Carmakers' bailout pleas hit Senate skepticism (AP)

Auto executives, from left, General Motors Chief Executive Officer Richard Wagoner, UAW President Ron Gettelfinger,  Ford Chief Executive Officer Alan Mulally, and Chrysler Chief Executive Officer Robert Nardelli testify on Capitol Hill in Washington, Thursday, Dec. 4, 2008, before a Senate Banking Committee hearing on the auto industry bailout.  (AP Photo/Gerald Herbert)AP - Desperate U.S. automakers ran into fresh obstacles from skeptical lawmakers Thursday as they appealed with rising urgency — and a new dose of humility — for a $34 billion bailout. Without help, said one senator, "we're looking at a death sentence."