Banker in Obama speech recognized for his generosity

More than two dozen guests joined first lady Michelle Obama at the president’s speech to a joint session of Congress Tuesday night. One person on the first lady’s guest list was Leonard Abess Jr., a Miami banker who received a $60 million bonus from the proceeds from the sale of shares of City National Bank in Florida and gave it out to his 399 workers and 72 former workers.

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Obama speech: ‘We will recover’

President Obama opened his first speech to a joint session of Congress by telling the nation "we will rebuild, we will recover, and the United States of America will emerge stronger than before." Obama urged Americans to “confront boldly the challenges we face,” saying that the answers to the country’s problems “don’t lie beyond our reach.” “They exist in our laboratories and our universities; in our fields and our factories; in the imaginations of our entrepreneurs and the pride of the hardest-working people on Earth,” he said. Obama described the nation’s financial woes as a “reckoning” for poor decisions made by both government and individuals

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Obama to lay out ‘game plan’ on fixing economy

In his first speech to a joint session of Congress, President Obama is planning to strike a more optimistic tone than he has in recent days by laying out a "game plan" to beat the financial crisis, according to a senior White House official.

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Europeans Who Sat Out the Iraq War Now Line Up for Its Business

“Old Europe” famously declined to join the U.S.-led invasion of Iraq. But six years on, countries such as France and Germany are eager to get in on the cleanup process in Iraq — and the hundreds of billions of dollars in business that effort is expected to generate. The most recent European move to woo Iraq came this week when German Foreign Minister Frank-Walter Steinmeier made a surprise visit to Baghdad

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Mexico’s Drug War Takes to the Barricades

Masked teenagers lob bricks at police shields, middle-aged women wave banners and chant slogans against repression, while police tanks fire water cannons into rowdy crowds. These images may evoke anti-globalization protests at some high-powered economic summit, but in northern Mexico, they’re the latest flash point in the nation’s incessant drug war

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U.N. report: Uranium traces found at site in Syria

The U.N. nuclear agency said it found traces of uranium from samples retrieved at a Syrian site suspected to be the location of a nuclear site, according to a report posted Thursday on the Institute for Science and International Security Web site. The site was bombed by Israeli aircraft in September 2007, and the report said Syria says the missiles that destroyed the building at the site were the source of the uranium particles.

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