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Last updated 8:16AM ET
November 20, 2008
In Focus Today
Thanksgiving dinner costs more this year But LR shoppers say rising food prices will not force any cutbacks in holiday shopping.
Listen to a report from FM 89's Ron Breeding.
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World Headlines
Recession fears hit stock markets European and Asian markets fall sharply amid growing concerns that the world economy will enter a protracted downturn.
Crisis meeting over Somali piracy A spate of pirate attacks off the coast of Somalia prompts an emergency meeting between nations bordering the Red Sea.
Jackson to appear at High Court Singer Michael Jackson is to give evidence at London's High Court to counter allegations that he breached a music contract.
Price drops raise deflation worries Consumer prices fell 1% last month, the most on record. It's good news for consumers looking to save a little on purchases, but as Steve Henn reports, deflation means we could be heading into even worse economic times.
Deflation can lead to a scary scenario Falling consumer prices might sound good for now, but deflation can turn dangerous fast. Jeremy Hobson reports.
FDA China branch to monitor food The Food and Drug Administration's first office in China will make it easier for inspectors to check food for export. Scott Tong reports.
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PRI's The World - November 19, 2008 Today on The World: The challenges ahead for the nation's next Attorney General; Zimbabwe's water system breaks down, exposing the country's people to dirty water and diseases; and Tibetan exiles gather to decide the next step in their struggle with China.
PRI's The World - November 18, 2008 Today on The World: Somali pirates are still holding a Saudi oil tanker; Tourists experience what it's like to illegally cross the US-Mexican border; And a US businessman turns his love of Russian icons into a world-class museum.
PRI's The World - November 17, 2008 Today on The World: What do America's auto industry woes mean for foreign car makers? Also, an Iraqi cleric pushes to reject plans to keep US troops in Iraq; and exiled Tibetans meet to decide the future of their movement.
Top Stories
Job losses rise as recession plays on LONDON (Reuters) - World economic misery spread on Thursday with forecasts of a global recession running well into 2009, Japan's exports to Asia falling for the first time in six years and job losses mounting.
Global stocks at 5-1/2 year lows LONDON (Reuters) - World stocks dropped to 5-1/2 year lows and oil hit 22-month troughs as investors reacted to dire Federal Reserve warnings on the economy and fears about the viability of major U.S. auto makers and bank giant Citigroup.
Prospect for auto bailout dims WASHINGTON (Reuters) - Chances dimmed that a last-minute plan being crafted by Republican senators, with White House support, to provide $25 billion to bail out U.S. automakers would receive enough backing from Democrats to pass before the end of this week.
Arkansas
Huckabee won't rule out 2012 run for president Former governor says Sarah Palin's VP selection helped her "leapfrog over the process" that he and others endured to become national political figures.
Northwest UAMS campus gets $1.5M gift Money will pay for renovations and work to prepare former Fayetteville hospital for use as satellite campus for state med school.
Hot Springs city manager resigns Kent Myers to step down December 31 after 14 years on the job.
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Commentary
Commentary: Bush and Immigration Reform The Bush administration will soon leave office on a less than positive note. But commentator Fernando Dubove believes it's still possible for the President to leave on somewhat of a high note. More Commentary
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