Monday, March 12, 2012

AMERICAS NEWS AT 0500 GMT

TOP STORIES:

US-FINANCIAL MELTDOWN

WASHINGTON _ Senators dig in their heels, pushing back against dire warnings from the government's top economic officials of recession, layoffs and lost homes if Congress does not approve quickly the Bush administration's emergency $700 billion financial bailout plan. Moved. By Jeannine Aversa.

WITH: US-BAILOUT BLUES; UN-BUSH-MARKETS.

US-FINANCIAL MELTDOWN-INVESTIGATION

WASHINGTON _ The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration, The Associated Press has learned. Moved. By Lara Jakes Jordan.

US-ELECTIONS

WASHINGTON _ Presidential candidates Barack Obama and John McCain find themselves in rare agreement, each demanding the Bush administration's unprecedented $700 billion bailout for U.S. financial institutions be subject to independent oversight and guarantees their top executives not be rewarded. Moved. By Steven R. Hurst. AP Photos.

ALSO: US-BATTLEGROUND PENNSYLVANIA; US-MCCAIN-FREDDIE MAC; US-AP-YAHOO POLL-HILLARY'S VOTERS.

US-OBAMA-NEW RACE DIALOGUE

PHILADELPHIA _ Spurred by the presidential candidacy of Barack Obama, Americans are finally, inevitably, talking about race. This time, the dialogue is not addressing the aftermath of a murder, riot, hate crime or hurricane. It's not distorted by crime, welfare, immigration or affirmative action. The issue has been stripped down to this: How do whites feel about a black becoming president? By Jesse Washington. AP Photos.

OFFSHORE DRILLING

WASHINGTON _ Democrats have decided to allow a quarter-century ban on drilling for oil off the Atlantic and Pacific coasts to expire next week, conceding defeat in a monthlong battle with the White House and Republicans set off by $4 a gallon gasoline prices this summer. By Andrew Taylor.

UN-GENERAL ASSEMBLY

UNITED NATIONS _ Afghanistan's president, who addresses the U.N. General Assembly on Wednesday, is urging the next American leader to send money, planes and equipment to strengthen the Afghan army. By Foster Klug. AP Photos.

WITH: UN-BUSH, UN-MEDIATION; UN-SARKOZY.

UN-BUSH

UNITED NATIONS _ Iran's leader flashes a thumbs-down as U.S. President George W. Bush denounces Tehran as a sponsor of global terrorism in his farewell address to the U.N. By Terence Hunt. AP Photos.

UN-GEORGIA

UNITED NATIONS _ Georgia's president announces a major government overhaul, calling it a "Second Rose Revolution" to guard against Russian encroachment following last month's war between the two countries. By John Heilprin. AP Photos.

UN-GENERAL ASSEMBLY-FINANCIAL

UNITED NATIONS _ World leaders call for international action to combat the global financial crisis, urging cooperation even as the U.S. pressed ahead with unilateral action to stem a credit crunch that has engulfed global markets. By Tarek El-Tablawy.

GUANTANAMO-SEPT 11 TRIAL

GUANTANAMO BAY NAVAL BASE, Cuba _ Professed Sept. 11 mastermind Khalid Sheikh Mohammed takes center stage in a military court as he questioned the judge's impartiality and acted as the de facto spokesman for his four co-defendants. By Mike Melia.

US-PALIN-LEADERS

NEW YORK _ Republican vice presidential candidate Sarah Palin met her first world leaders. It was a tightly controlled crash course on foreign policy for the first-term Alaska governor, who has been outside North America just once.

ALSO: US-RICE VS PALIN.

US-FUGITIVE MOM

MINNEAPOLIS _ A mother who fled to the Netherlands with her three children 14 years ago in a dispute over custody and domestic abuse allegations received probation and an order to perform community service when she went to court Tuesday. By Steve Karnowski.

US-COLOMBIA-URIBE

NEW YORK _ Colombian President Alvaro Uribe says a proposed free trade agreement between his country and the United States would help staunch the flow of illegal immigrants from the South American nation. By Michael Astor.

CUBA-HURRICANE HOUSING

HAVANA DEL ESTE, Cuba _ When Hurricane Charlie tore through her apartment, Marcia Escalona considered herself lucky to land temporary housing. Now hundreds of thousands of Cubans blown from their homes by Hurricanes Gustav and Ike have joined Escalona in line for scarce housing. And damage to infrastructure, crops and farm equipment means the government may have to use its resources for food before building materials. By Will Weissert. AP Photos.

US-GEORGIA EXECUTION

JACKSON, Georgia _ The U.S. Supreme Court gives a reprieve to a Georgia inmate less than two hours before his scheduled execution for the 1989 slaying of an off-duty police officer. By Greg Bluestein. AP Photos.

US-RADICAL ISLAM VIDEO

DENVER _ A U.S. Muslim advocacy group asks the Federal Election Commission to investigate whether a nonprofit group that distributed a controversial DVD about Islam in newspapers across the U.S. is a "front" for an Israel-based group with a stealth goal of helping Republican presidential candidate John McCain. By Eric Gorski.

US-BLOOMBERG-STAY OR GO

NEW YORK_ New York Mayor Michael Bloomberg is the subject of speculation about his future _ stay four more years and spare the city from financial ruin or leave now and save the nation from a similar fate.

US-CASH SUITCASE

MIAMI _ A businessman who prosecutors say carried a cash-filled suitcase into Argentina for Venezuela's government testified on Tuesday that a second suitcase slipped through customs holding $4.2 million. By Gisela Salomon. AP Photos.

CANADA-SCHOOL GUN

REGINA, Saskatchewan _ An expelled 16-year-old student entered a Christian high school during chapel and put a pellet gun to the pastor's head before the principal grabbed the gun and he was tackled and arrested, officials said. AP Photos.

BUSINESS & FINANCE:

US-GOLDMAN SACHS-BERKSHIRE

OMAHA, Nebraska _ Warren Buffett's Berkshire Hathaway Inc. is investing at least $5 billion in Goldman Sachs, a huge vote of confidence for one of the survivors of the credit crisis that felled two of its investment banking peers. Moved. By Anna Jo Bratton. AP Photos.

WITH: US-AIG.

US-FED-CREDIT CRISIS

WASHINGTON _ The Federal Reserve, in coordinated action with foreign central banks, plows $30 billion into money markets overseas Wednesday, part of an ongoing effort to fight a global credit crisis. By Jeannine Aversa.

US-GOOGLE PHONE

NEW YORK _ The first cell phone running Google Inc.'s mobile software looks something like Apple Inc.'s iPhone and has a large touch screen, but it also packs a trackball, a slide-out keyboard and easy access to Google's e-mail and mapping programs. Moved. By Peter Svensson. AP Photos.

FEATURES:

US-CADAVER CONCERNS

HOT SPRINGS, Arkansas _ In softly lit rooms at the museum, men and women are quietly wandering about, kids in tow, bemused by the perfectly preserved human bodies and organs on display. An elderly man leans down and whispers to a boy staring at a skull in a glass case. "See the jaw bone? See the hole in the nose?" the man says. "Every part of your body has a purpose." It is exactly the response curators hoped for when the Mid-America Science Museum acquired "Our Body: The Universe Within," an exhibit featuring human cadavers. By Peggy Harris. AP Photos.

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