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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.



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.



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.



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.



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 - The government would order a major restructuring of Detroit's struggling Big Three auto companies in exchange for a multibillion-dollar bailout under a plan circulating in Congress.



A wounded Iraqi policeman is brought to a hospital in Baghdad, Iraq, Thursday, Dec. 4, 2008. The man was among two policemen wounded when their patrol car was struck by a roadside bomb. i(AP Photo/Karim Kadim)AP - A security pact with a timetable for pulling U.S. forces from Iraq won final government approval Thursday, even as suicide bombers killed 17 people and wounded more than 100. Two Americans were among the dead.



AP - When you're smiling, the whole world really does smile with you.

Steve Schklair (right), founder and CEO of 3ality Digital Systems,  and Bob Levy, the director and producer of the 3-D broadcast of the National Football League game between the San Diego Chargers and Oakland Raiders, prepare in the booth prior to the football game  on Thursday,  Dec. 4, 2008 in San Diego. (AP Photo/Denis Poroy)AP - The first NFL game broadcast to theaters live in 3-D fumbled, then recovered Thursday night.



AP - A Vero Beach man faces a domestic violence charge after authorities said he assaulted his girlfriend with a cheeseburger. An Indian River County Sheriff's Office arrest report said a 22-year-old man and his girlfriend got into an argument as they sat in a car in front of their home.

San Diego Chargers' LaDainian Tomlinson is pushed out of bounds by Oakland Raiders' Nnamdi Asomugha on a 6-yard gain during the first quarter of an NFL football game Thursday, Dec. 4, 2008, in San Diego. (AP Photo/Denis Poroy)AP - LaDainian Tomlinson can still run the ball and his San Diego Chargers finally looked like world-beaters.



Traders work on the floor of the New York Stock Exchange, December 1, 2008. (Brendan McDermid/Reuters)Reuters - Asia-Pacific policy makers scrambled to prepare fresh measures to prevent further economic deterioration next year as investors awaited a report on Friday expected to show the sharpest U.S. job losses in 26 years.



U.S. Treasury Secretary Henry Paulson (L) and Chinese Vice Premier Wang Qishan (R) sign agreements during the US China Strategic Economic Dialogue in Beijing December 4, 2008. China urged the United States on Thursday to spare no effort to stabilise its economy and financial markets to help avert a global recession. Speaking at the start of a fifth meeting of the cabinet-level 'Strategic Economic Dialogue' between the United States and China, Vice-Premier Wang Qishan said Beijing was doing its part by pursuing fast growth. (Elizabeth Dalziel/Pool/Reuters)Reuters - China and the United States pledged on Friday to boost efforts to tackle the turmoil engulfing global markets and to continue high-level cooperation when President-elect Barack Obama takes office.



President-elect Barack Obama speaks as he presents his choices for his newly formed Economic Recovery Advisory Board during a news conference in Chicago November 26, 2008. (John Gress/Reuters)Reuters - President-elect Barack Obama has begun laying the groundwork for overhauling the troubled U.S. healthcare system, reaching out to interest groups and building grass-roots support for the huge undertaking.



Automobile leaders testify during the U.S. Senate Banking Committee hearing on the financial assistance package for the big Detroit automakers in Washington, December 4, 2008. From L-R are: Richard Wagoner, Chairman and CEO of General Motors, President of the United Auto Workers International Union Ron Gettelfinger, Alan Mulally, President and CEO of Ford Motor Company, and Robert Nardelli, Chairman and CEO of Chyrsler LLC. (Larry Downing/Reuters)Reuters - There is broad understanding of distress but no consensus yet in Congress to rescue U.S. automakers as industry chiefs hope on Friday to advance their case in a second appearance before lawmakers in two days.



A soldier from the Central Industrial Security Force (CISF), which is in charge of airport security, keeps watch at the international airport in New Delhi December 5, 2008. (Desmond Boylan/Reuters)Reuters - India's new home minister admitted on Friday there had been security lapses surrounding last week's Mumbai attacks, which New Delhi has blamed on militants from neighboring Pakistan.



U.S. Treasury Secretary Henry Paulson (front 3rd L) and Chinese Vice Premier Wang Qishan (front 2nd R) chat as they join their delegations for a group photo to wrap up the Strategic Economic Dialogue in Beijing December 5, 2008. (Goh Chai Hin/Pool/Reuters)Reuters - The United States has made clear progress in steadying its financial system, thanks in part to a $700 billion bailout fund authorized by Congress, but the rehabilitation process still faces many challenges, Treasury Secretary Henry Paulson said on Friday.



Top U.S. nuclear negotiator Christopher Hill speaks to reporters after a meeting with his North Korean counterpart Kim Kye-gwan in Singapore December 4, 2008. (Vivek Prakash/Reuters)Reuters - Top U.S. nuclear diplomat Christopher Hill said on Friday he believed North Korea understood what was required to reach a deal on verifying Pyongyang's earlier declaration about its atomic activities.



Thailand's revered King Bhumibol Adulyadej attends the annual Trooping of the Colour, an annual military parade, in Bangkok's Royal Plaza, December 2, 2008. (Adrees Latif/Reuters)Reuters - Thais marked their revered king's birthday on Friday in a solemn mood, concerned for the health of the aging monarch and worried as well over their country's debilitating political deadlock.



A map locating the main terrorist attacks in Mumbai. Pakistan on Thursday promised US Secretary of State Condoleezza Rice that it would take AFP - A security scare at New Delhi's international airport on Thursday highlighted jitters after the Mumbai attacks, as Pakistan vowed "strong action" if anyone was shown to be involved from its territory.



Graphic showing Thailand's royal family. Thailand's revered king has failed to make a traditional birthday-eve speech because he is ill, his children said, ending hopes that he might offer guidance amid a long-running political crisis.(AFP Graphic/Martin Megino)AFP - Thousands of stuck travellers were preparing to leave Bangkok's main airport as it resumed full operations, but political uncertainty dragged on after the king cancelled his annual birthday speech.



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