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	<title>Worldfocus &#187; economic crisis</title>
	<atom:link href="http://worldfocus.org/blog/tag/economic-crisis/feed" rel="self" type="application/rss+xml" />
	<link>http://worldfocus.org</link>
	<description>International News, Videos and Blogs</description>
	<pubDate>Fri, 20 Nov 2009 23:46:51 +0000</pubDate>
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		<title>Obama tackles drugs, flu and trade at Mexico summit</title>
		<link>http://worldfocus.org/blog/2009/08/10/obama-tackles-drugs-flu-and-trade-at-mexico-summit/6728/</link>
		<comments>http://worldfocus.org/blog/2009/08/10/obama-tackles-drugs-flu-and-trade-at-mexico-summit/6728/#comments</comments>
		<pubDate>Mon, 10 Aug 2009 20:20:33 +0000</pubDate>
		<dc:creator>Worldfocus</dc:creator>
		
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		<category><![CDATA[Mexico's Drug War]]></category>

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		<category><![CDATA[Felipe Calderón]]></category>

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		<guid isPermaLink="false">http://worldfocus.org/?p=6728</guid>
		<description><![CDATA[The annual meeting between the leaders of the United States, Mexico and Canada was started four years ago as a way in which the three major countries could build on ties established by the North American Free Trade Afreement.

Issues included on the agenda are climate change, the economic crisis, the H1N1 pandemic and the battle against illegal drugs.]]></description>
			<content:encoded><![CDATA[<p>U.S. President Barack Obama joined his Canadian and Mexican counterparts as they completed a summit meeting in Mexico on Monday.</p>
<p>Issues on the agenda included trade, the H1N1 flu pandemic and the battle against illegal drugs.</p>
<p><a href="http://www.cfr.org/bios/12553/shannon_k_oneil.html" target="_blank">Shannon O’Neil</a>, a fellow in Latin American studies at the Council on Foreign Relations, joins Martin Savidge to discuss the summit and the biggest challenges ahead for the U.S.-Mexico relationship.</p>
<input type="hidden" name="pid" id="pid" value="eS_KoJi_dcmIjm5p_heAPEfsW_PBSf_1">(View full post to see video)
<listpage_excerpt>U.S. President Barack Obama joined his Canadian and Mexican counterparts as they completed a summit meeting in Mexico on Monday. Shannon O’Neil of the Council on Foreign Relations discusses the issues tackled, including trade, the H1N1 flu and the drug war.</listpage_excerpt>
<post_thumbnail>http://worldfocus.org/files/2009/08/th_mexico_oneil.jpg</post_thumbnail>
<post_thumbnail_videopage>http://worldfocus.org/files/2009/08/th_mexico_oneil.jpg</post_thumbnail_videopage>
]]></content:encoded>
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		<title>Global economic crisis pushes human trafficking</title>
		<link>http://worldfocus.org/blog/2009/06/16/global-economic-crisis-pushes-human-trafficking/5828/</link>
		<comments>http://worldfocus.org/blog/2009/06/16/global-economic-crisis-pushes-human-trafficking/5828/#comments</comments>
		<pubDate>Tue, 16 Jun 2009 21:05:35 +0000</pubDate>
		<dc:creator>Worldfocus</dc:creator>
		
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		<category><![CDATA[human trafficking]]></category>

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		<guid isPermaLink="false">http://worldfocus.org/?p=5828</guid>
		<description><![CDATA[Increasing unemployment and poverty are making people more vulnerable to human traffickers, says the State Department's annual report on human trafficking released Tuesday.

There are more than 12 million adults and children around the world in forced labor, including those forced to provide sex. The United States has put 52 countries on a watch list, suspected of not doing enough to combat human trafficking. These countries could face sanctions unless they improve their records.

E. Benjamin Skinner, a fellow at the Carr Center for Human Rights Policy at Harvard University, and author of "A Crime So Monstrous: Face-to-Face with Modern Slavery," joins Martin Savidge to discuss modern slavery and how the economic crisis is playing into the problem of human trafficking.]]></description>
			<content:encoded><![CDATA[<p>Increasing unemployment and poverty are making people more vulnerable to human traffickers, according to the State Department&#8217;s <a href="http://www.state.gov/g/tip/rls/tiprpt/2009/index.htm" target="_blank">annual report on human trafficking</a> released Tuesday.</p>
<p>There are more than 12 million adults and children around the world in forced labor, including those forced to provide sex. The United States has put 52 countries on a watch list, suspected of not doing enough to combat human trafficking. These countries could face sanctions unless they improve their records.</p>
<p><a title="E Benjamin Skinner" href="http://acrimesomonstrous.com/information/author" target="_blank">E. Benjamin Skinner</a>, a fellow at the Carr Center for Human Rights Policy at Harvard University, and author of &#8220;A Crime So Monstrous: Face-to-Face with Modern Slavery,&#8221; joins Martin Savidge to discuss modern slavery and how the economic crisis is playing into the problem of human trafficking.</p>
<p><iframe frameborder="0" height="307" scrolling="auto" src="http://player.theplatform.com/ps/player/pds/lqtN52xjvc?pid=obLqIzASJW6X4brsoxUySlqjgGQ2aC0T&amp;embedded=true&amp;width=514&amp;height=307" width="514"></iframe></p>
<listpage_excerpt>Increasing unemployment and poverty are making people more vulnerable to human traffickers, according to the State Department&#8217;s annual report on human trafficking released Tuesday. E. Benjamin Skinner of the Carr Center for Human Rights Policy discusses modern slavery.</listpage_excerpt>
<post_thumbnail>http://worldfocus.org/files/2009/06/th_slavery_skinner.jpg</post_thumbnail>
<post_thumbnail_videopage>http://worldfocus.org/files/2009/06/th_slavery_skinner.jpg</post_thumbnail_videopage>
]]></content:encoded>
			<wfw:commentRss>http://worldfocus.org/blog/2009/06/16/global-economic-crisis-pushes-human-trafficking/5828/feed/</wfw:commentRss>
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		<title>Economic downturn deepens across Europe</title>
		<link>http://worldfocus.org/blog/2009/05/15/economic-downturn-deepens-across-europe/5408/</link>
		<comments>http://worldfocus.org/blog/2009/05/15/economic-downturn-deepens-across-europe/5408/#comments</comments>
		<pubDate>Fri, 15 May 2009 17:50:01 +0000</pubDate>
		<dc:creator>Worldfocus</dc:creator>
		
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		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://worldfocus.org/?p=5408</guid>
		<description><![CDATA[As the recession continues, Germany's economy -- Europe's largest -- is contracting rapidly. France announced Wednesday that it has slipped into recession and as Europe's unemployment rate rises, workers are demanding greater job security.

Marcus Mabry, the international business editor of The New York Times, joins Martin Savidge to analyze the deepening economic downturn and provide a look at what comes next in the European recession.]]></description>
			<content:encoded><![CDATA[<p>As the recession continues, Germany&#8217;s economy &#8212; Europe&#8217;s largest &#8212; is <a title="German economy hits the brakes" href="http://www.guardian.co.uk/business/2009/may/15/germany-gdp-slump" target="_blank">contracting rapidly</a>. France announced Wednesday that it has <a title="France enters recession" href="http://hosted.ap.org/dynamic/stories/M/MELTDOWN_COUNTRIES_GLANCE?SITE=NCKIN&amp;SECTION=HOME&amp;TEMPLATE=DEFAULT" target="_blank">slipped into recession</a> and as Europe&#8217;s <a title="unemployment rate" href="http://hosted.ap.org/dynamic/stories/E/EU_EU_ECONOMY?SITE=KFWB&amp;SECTION=HOME&amp;TEMPLATE=DEFAULT" target="_blank">unemployment rate rises</a>, workers are demanding greater job security.</p>
<p>Marcus Mabry, the international business editor of The New York Times, joins Martin Savidge to analyze the deepening economic downturn and provide a look at what comes next in the European recession.</p>
<p><iframe frameborder="0" height="307" scrolling="auto" src="http://player.theplatform.com/ps/player/pds/lqtN52xjvc?pid=4TilQY2GE_y0lNRlSqq5k8xKL4yDoOzw&amp;embedded=true&amp;width=514&amp;height=307" width="514"></iframe></p>
<listpage_excerpt>As the recession continues, Germany&#8217;s economy &#8212; Europe&#8217;s largest &#8212; is contracting rapidly. France announced Wednesday that it has slipped into recession. Marcus Mabry of The New York Times discusses the deepening economic downturn and what may be in store for Europe.</listpage_excerpt>
<post_thumbnail>http://worldfocus.org/files/2009/05/th_econ_mabry-2.jpg</post_thumbnail>
<post_thumbnail_videopage>http://worldfocus.org/files/2009/05/th_econ_mabry-2.jpg</post_thumbnail_videopage>
]]></content:encoded>
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		<title>Tune in: Online radio show on urban slums</title>
		<link>http://worldfocus.org/blog/2009/05/12/tune-in-online-radio-show-on-urban-slums/5365/</link>
		<comments>http://worldfocus.org/blog/2009/05/12/tune-in-online-radio-show-on-urban-slums/5365/#comments</comments>
		<pubDate>Tue, 12 May 2009 23:13:29 +0000</pubDate>
		<dc:creator>Worldfocus</dc:creator>
		
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		<category><![CDATA[Bijan Rezvani]]></category>

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		<category><![CDATA[Katie Combs]]></category>

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		<category><![CDATA[slums]]></category>

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		<category><![CDATA[urban slums]]></category>

		<guid isPermaLink="false">http://worldfocus.org/?p=5365</guid>
		<description><![CDATA[For the first time in history, more people are living in cities rather than in the country. But urbanization has come with a cost -- there has been an explosion of world slums over the past decade. Worldfocus.org's weekly radio show explored urban slums. Listen now.]]></description>
			<content:encoded><![CDATA[<p><iframe frameborder="0" height="105" marginheight="0" marginwidth="0" scrolling="no" src="http://worldfocus.org/other/videoembeds/20090512blogtalkradioSLUMS.html" width="520"></iframe></p>
<p>The year 2007 was a turning point for the world, marking the first time when the majority of the global population <a title="World Population Becomes More Urban Than Rural" href="http://www.physorg.com/news99066556.html" target="_blank">lived in cities rather than in the country</a>.</p>
<p>The world&#8217;s population is expected to surpass <a title="http://www.census.gov/ipc/www/idb/worldpop.html" href="http://www.census.gov/ipc/www/idb/worldpop.html" target="_blank">9 billion by 2050</a>, and increasing urbanization will push the urban-rural divide even further.</p>
<p>Do the world&#8217;s cities have the jobs, infrastructure and space to support this kind of growth? The answer might be found in the explosion of world slums over the past decade. The United Nations predicts that <a title="Two Billion Slum Dwellers" href="http://www.forbes.com/2007/06/11/third-world-slums-biz-cx_21cities_ee_0611slums.html" target="_blank">2 billion people worldwide will live in slums</a> by 2030.</p>
<p>In his 2006 book &#8220;<a title="Planet of Slums" href="http://www.versobooks.com/books/cdef/d-titles/davis_m_planet_of_slums.shtml" target="_blank">Planet of Slums</a>,&#8221; urban historian Mike Davis paints a dark picture of the future to come, writing:</p>
<blockquote><p>The cities of the future, rather than being made out of glass and steel as envisioned by earlier generations of urbanists, are instead largely constructed out of crude brick, straw, recycled plastic, cement blocks, and scrap wood.  Instead of cities of light soaring toward heaven, much of the twenty-first-century urban world squats in squalor, surrounded by pollution, excrement and decay.</p></blockquote>
<p>Worldfocus.org&#8217;s <a href="http://worldfocus.org/blog/tag/tune-in/">weekly radio show</a> explored urbanization and the rise of slums, examining how such deplorable conditions might be addressed, even as the global economic crisis looms.</p>
<p>Worldfocus anchor Martin Savidge hosted a panel of guests.</p>
<blockquote><p><strong>Erhard Berner</strong> is an associate professor of developmental sociology at the Institute of Social Studies in The Hague.  He has done extensive research on urban poverty and community responses in the Philippines and elsewhere and served as a consultant to UN-Habitat, NGOs, and government institutions.</p>
<p><strong><a title="Squatter City" href="http://squattercity.blogspot.com/" target="_blank">Robert Neuwirth</a></strong> spent two years living in shantytowns across the developing world to write &#8220;Shadow Cities: A Billion Squatters, A New Urban World.&#8221;  He is now at work on a book chronicling the global reach of the informal economy.</p>
<p><strong>Mary Wiltenburg</strong> is an independent reporter, now following a year in the life of a refugee family in the U.S. and Tanzania in a series called <a title="Little Bill Clinton" href="http://littlebillclinton.csmonitor.com/littlebillclinton/" target="_blank">Little Bill Clinton</a>, a real-time multimedia project with The Christian Science Monitor and the Pulitzer Center on Crisis Reporting.</p></blockquote>
<p> </p>
<p>Worldfocus producer <a title="Ara" href="http://worldfocus.org/blog/tag/ara-ayer/" target="_self">Ara Ayer</a> is in Manila and sends in this report of the conditions he&#8217;s witnessing:<br />
<iframe frameborder="0" height="18" scrolling="auto" src="http://player.theplatform.com/ps/player/pds/JqjPqbsJvn?pid=cj6M6OVNoM3KQqohkQEy7PZv9BPqxg5S&amp;embedded=true&amp;width=300&amp;height=18" width="514"></iframe><br />
 </p>
<p>Below, view a slideshow of life in five major world slums.</p>
<div style="nomargin"><iframe frameborder="0" height="420" marginheight="0" marginwidth="0" scrolling="no" src="http://worldfocus.org/other/videoembeds/slumsslideshow.html" width="590"></iframe></div>
<p><em><br />
Credits:<br />
Host: Martin Savidge<br />
Producers: Bijan Rezvani, Nicole E. Foster and Katie Combs</em></p>
<listpage_excerpt>For the first time in history, more people are living in cities rather than in the country. But urbanization has come with a cost &#8212; there has been an explosion of world slums over the past decade. Worldfocus.org&#8217;s weekly radio show explored urban slums. Listen now.</listpage_excerpt>
<post_thumbnail>http://worldfocus.org/files/2009/05/th_slums_qa.gif</post_thumbnail>
]]></content:encoded>
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		<title>Europe remains optimistic in face of economic decline</title>
		<link>http://worldfocus.org/blog/2009/04/24/europe-remains-optimistic-in-face-of-economic-decline/5124/</link>
		<comments>http://worldfocus.org/blog/2009/04/24/europe-remains-optimistic-in-face-of-economic-decline/5124/#comments</comments>
		<pubDate>Fri, 24 Apr 2009 21:26:15 +0000</pubDate>
		<dc:creator>Worldfocus</dc:creator>
		
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		<guid isPermaLink="false">http://worldfocus.org/?p=5124</guid>
		<description><![CDATA[Britain reported its sharpest economic decline in 30 years today, yet economists were upbeat saying it was the beginning of the end. In Germany, a poll of business executives also indicated growing confidence about an economic recovery. Roben Farzad, a senior writer and columnist for Business Week magazine, discusses the optimism about the global economy in Europe and the effects of Lehman Brothers collapse still reverberating in Japan.]]></description>
			<content:encoded><![CDATA[<p>Britain reported its <a title="Britain economy" href="http://money.cnn.com/2009/04/24/news/international/Britain_Q1GDP.reut/?postversion=2009042407" target="_blank">sharpest economic decline in 30 years</a> on Friday, yet economists were upbeat &#8212; saying it was the beginning of the end.</p>
<p>In Germany, a <a title="germany morale" href="http://www.guardian.co.uk/business/feedarticle/8471751" target="_blank">poll of business executives</a> also indicated growing confidence about economic recovery.</p>
<p><a href="http://www.businessweek.com/bios/Roben_Farzad.htm" target="_blank">Roben Farzad</a>, a senior writer and columnist for BusinessWeek magazine, joins Martin Savidge to dicuss the optimism about the global economy in Europe.</p>
<p><iframe frameborder="0" height="307" scrolling="auto" src="http://player.theplatform.com/ps/player/pds/lqtN52xjvc?pid=CQ0sXlrfvl6o_zb0ggKZL1_VqIxMTpbf&amp;embedded=true&amp;width=514&amp;height=307" width="514"></iframe></p>
<listpage_excerpt>Roben Farzad of BusinessWeek magazine discusses the optimism about the global economy in Europe. Britain reported its sharpest economic decline in 30 years on Friday, yet economists were upbeat, saying it was the beginning of the end.</listpage_excerpt>
<post_thumbnail>http://worldfocus.org/files/2009/04/th_us_farhad.jpg</post_thumbnail>
<post_thumbnail_videopage>http://worldfocus.org/files/2009/04/th_us_farhad.jpg</post_thumbnail_videopage>
]]></content:encoded>
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		<title>G-20 countries split over way out of economic crisis</title>
		<link>http://worldfocus.org/blog/2009/04/01/g-20-countries-split-over-way-out-of-economic-crisis/4738/</link>
		<comments>http://worldfocus.org/blog/2009/04/01/g-20-countries-split-over-way-out-of-economic-crisis/4738/#comments</comments>
		<pubDate>Wed, 01 Apr 2009 19:33:50 +0000</pubDate>
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		<guid isPermaLink="false">http://worldfocus.org/?p=4738</guid>
		<description><![CDATA[Reginald Dale, a senior fellow in the Europe program at the Center for Strategic and International Studies, discusses the divide over regulation between France and Germany and UK and the US, the popularity of President Obama verus Candidate Obama in Western Europe and whether Russia will respond to President Obama's pledge to "reset" the relationship between the US and Russia. ]]></description>
			<content:encoded><![CDATA[<p>President Obama is in London tonight for the start of tomorrow&#8217;s G-20 gathering, where the leaders of the world&#8217;s most powerful countries hope to devise a plan to end the most serious global economic downturn since the great depression.</p>
<p><a title="Reginald Dale" href="http://www.csis.org/index.php?option=com_csis_experts&amp;task=view&amp;id=308" target="_blank">Reginald Dale</a>, a senior fellow in the Europe program at the Center for Strategic and International Studies, joins Martin Savidge to discuss this divide, the popularity of President Obama verus Candidate Obama in Western Europe and whether Russia will respond to President Obama&#8217;s pledge to &#8221;reset&#8221; its relationship with  Russia.</p>
<p><iframe frameborder="0" height="307" scrolling="auto" src="http://player.theplatform.com/ps/player/pds/lqtN52xjvc?pid=sLnYAPqkolRaV9ohjblzDcnW7jlIdEcy&amp;embedded=true&amp;width=514&amp;height=307" width="514"></iframe></p>
<listpage_excerpt>Reginald Dale, a senior fellow in the Europe program at the Center for Strategic and International Studies, discusses the divide over regulation between France and Germany and the UK and U.S. and whether Russia will respond to President Obama&#8217;s pledge to &#8220;reset&#8221; the relationship with Russia.</listpage_excerpt>
<post_thumbnail>/files/2009/04/th_us_dale1.jpg</post_thumbnail>
<post_thumbnail_videopage>/files/2009/04/th_us_dale1.jpg</post_thumbnail_videopage>
]]></content:encoded>
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		<title>Bush gives U.S. automakers time and money</title>
		<link>http://worldfocus.org/blog/2008/12/22/bush-gives-us-automakers-time-and-money/3348/</link>
		<comments>http://worldfocus.org/blog/2008/12/22/bush-gives-us-automakers-time-and-money/3348/#comments</comments>
		<pubDate>Mon, 22 Dec 2008 23:29:16 +0000</pubDate>
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		<guid isPermaLink="false">http://worldfocus.org/?p=3348</guid>
		<description><![CDATA[President Bush's $13.4 billion loan gives the automotive industry three months to work out restructuring plans, a challenging task as Japanese automaker Toyota announces it's first losses in 70 years of operation and car dealers deal with plummeting sales.

Roben Farzad, a senior writer at BusinessWeek, outlines the American automobile industry's 2009 prospects and discusses the effect of falling gas prices.]]></description>
			<content:encoded><![CDATA[<p>President <a title="Auto industry gets a short-term fix" href="http://www.latimes.com/news/printedition/asection/la-fi-qna20-2008dec20,0,2498517.story" target="_blank">Bush&#8217;s $13.4 billion loan</a> gives the automotive industry three months to work out restructuring plans, a challenging task as Japanese automaker Toyota announces its first <a title="Toyota Expecting First Losses In 70 Years" href="http://www.npr.org/templates/story/story.php?storyId=98591942" target="_blank">losses in 70 years</a> of operation and car <a title="California auto dealers hit hard by bad economy" href="http://www.mercurynews.com/ci_11273906?source=most_emailed" target="_blank">dealers deal</a> with plummeting sales.</p>
<p><a title="Roben Farzad" href="http://www.businessweek.com/bios/Roben_Farzad.htm" target="_blank">Roben Farzad</a>, a senior writer at BusinessWeek, outlines the American automobile industry&#8217;s 2009 prospects and discusses the effect of falling gas prices.</p>
<p><iframe frameborder="0" height="307" src="http://player.theplatform.com/ps/player/pds/lqtN52xjvc?pid=zM5wDy2O_Ze8xnIK90Q5nVGxLpYXl8En&amp;embedded=true&amp;width=514&amp;height=307" width="514"></iframe></p>
<listpage_excerpt>Roben Farzad, a senior writer at BusinessWeek, outlines the American automobile industry&#8217;s 2009 prospects and discusses the effect of falling gas prices.</listpage_excerpt>
<post_thumbnail>/files/2008/12/th_intv_farzad.jpg</post_thumbnail>
<post_thumbnail_videopage>/files/2008/12/th_intv_farzad.jpg</post_thumbnail_videopage>
]]></content:encoded>
			<wfw:commentRss>http://worldfocus.org/blog/2008/12/22/bush-gives-us-automakers-time-and-money/3348/feed/</wfw:commentRss>
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		<title>OPEC announces record oil production cuts</title>
		<link>http://worldfocus.org/blog/2008/12/17/opec-announces-record-oil-production-cuts/3277/</link>
		<comments>http://worldfocus.org/blog/2008/12/17/opec-announces-record-oil-production-cuts/3277/#comments</comments>
		<pubDate>Wed, 17 Dec 2008 17:47:36 +0000</pubDate>
		<dc:creator>Worldfocus</dc:creator>
		
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		<guid isPermaLink="false">http://worldfocus.org/?p=3277</guid>
		<description><![CDATA[Organization of the Petroleum Exporting Countries (OPEC) set a precedent today with its largest oil production cuts ever -- 2.2 million barrels per day. The reduction meets falling demand for oil but more importantly addresses dramatic price reductions that have been devastating for oil producers.

OPEC recommends that non-oil producers like Russia join in the cuts rather than benefit from higher prices while producing the same amount of oil.

Geoffrey Heal, a professor at Columbia University Graduate School of Business, explains the effect these production cuts will have on the US and how they will continue to function with questionable reliability from OPEC member nations and a developing US energy policy.]]></description>
			<content:encoded><![CDATA[<p>Organization of the Petroleum Exporting Countries (OPEC) set a precedent today with its <a title="OPEC Agrees to Another Cut in Production" href="http://www.nytimes.com/2008/12/18/business/worldbusiness/18opec.html?ref=business" target="_blank">largest oil production cuts ever</a> &#8212; 2.2 million barrels per day. The reduction meets falling demand for oil and addresses dramatic price reductions that have been devastating for oil producers.</p>
<p>OPEC recommends that non-oil <a title="to join or not to join?" href="http://www.youtube.com/watch?v=5ThSDjkDh-M&amp;eurl=http://news.google.com/news?hl=en&amp;ned=us&amp;q=opec+russia&amp;btnG=Search+News" target="_blank">producers like Russia join in</a> the cuts rather than benefit from higher prices while producing the same amount of oil.</p>
<p><a title="Geoggrey Heal" href="http://www2.gsb.columbia.edu/faculty/gheal/" target="_blank">Geoffrey Heal</a>, a professor at Columbia University&#8217;s Graduate School of Business, explains the effect these production cuts will have on the U.S. and how they will continue to function in the future given potential lack of adherence by OPEC member nations and a developing U.S. energy policy.</p>
<p><iframe frameborder="0" height="307" src="http://player.theplatform.com/ps/player/pds/lqtN52xjvc?pid=VcmflS_WnRNGfgFWIpqx3XIVADbI8FHh&amp;embedded=true&amp;width=514&amp;height=307" width="514"></iframe></p>
<listpage_excerpt>Organization of the Petroleum Exporting Countries (OPEC) set a precedent today with its largest oil production cuts ever &#8212; 2.2 million barrels per day.</listpage_excerpt>
<post_thumbnail>/files/2008/12/th_opec_heal.jpg</post_thumbnail>
<post_thumbnail_videopage>/files/2008/12/th_opec_heal.jpg</post_thumbnail_videopage>
]]></content:encoded>
			<wfw:commentRss>http://worldfocus.org/blog/2008/12/17/opec-announces-record-oil-production-cuts/3277/feed/</wfw:commentRss>
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		<title>Madoff fraud case triggers international losses</title>
		<link>http://worldfocus.org/blog/2008/12/15/madoff-fraud-case-triggers-international-losses/3238/</link>
		<comments>http://worldfocus.org/blog/2008/12/15/madoff-fraud-case-triggers-international-losses/3238/#comments</comments>
		<pubDate>Mon, 15 Dec 2008 18:30:43 +0000</pubDate>
		<dc:creator>Worldfocus</dc:creator>
		
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		<guid isPermaLink="false">http://worldfocus.org/?p=3238</guid>
		<description><![CDATA[International investors and charities are claiming damages in what has been called one of Wall Street's biggest Ponzi schemes ever, a $50 billion fraud case alleging wrongdoing by Bernard Madoff, a former NASDAQ chairman.

Andrew Ross Sorkin, a financial columnist at The New York Times, speaks with Martin Savidge to about the losses faced by foreign investors and how huge banks like HSBC could be led into the scheme.]]></description>
			<content:encoded><![CDATA[<p>International investors and charities are <a title="Alleged Madoff fraud has worldwide exposure" href="http://www.google.com/hostednews/ap/article/ALeqM5gA_cNr1uDE47pySwMmPvCpqCHH3gD95386180" target="_blank">claiming damages</a> in what has been called one of Wall Street&#8217;s <a title="&quot;Ponzi&quot; Schemes" href="http://www.sec.gov/answers/ponzi.htm" target="_blank">biggest Ponzi schemes</a> ever, a $50 billion fraud case alleging wrongdoing by Bernard Madoff, a former NASDAQ chairman.</p>
<p><a title="Andrew Ross Sorkin" href="http://topics.nytimes.com/top/reference/timestopics/people/s/andrew_ross_sorkin/index.html" target="_blank">Andrew Ross Sorkin</a>, a financial columnist at The New York Times, speaks with Martin Savidge about the losses faced by foreign investors and how huge banks like HSBC could be led into the scheme.</p>
<p><iframe frameborder="0" height="307" src="http://player.theplatform.com/ps/player/pds/lqtN52xjvc?pid=In2UD_xdXuDaXKCsFWdNfn89Eiz157qR&amp;embedded=true&amp;width=514&amp;height=307" width="514"></iframe></p>
<listpage_excerpt>Andrew Ross Sorkin of The New York Times discusses the international ramifications of the Madoff fraud case.</listpage_excerpt>
<post_thumbnail>/files/2008/12/th_economy_sorkin-2.jpg</post_thumbnail>
<post_thumbnail_videopage>/files/2008/12/th_economy_sorkin-2.jpg</post_thumbnail_videopage>
]]></content:encoded>
			<wfw:commentRss>http://worldfocus.org/blog/2008/12/15/madoff-fraud-case-triggers-international-losses/3238/feed/</wfw:commentRss>
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		<title>U.S. and China urge against protectionism</title>
		<link>http://worldfocus.org/blog/2008/12/10/us-and-china-urge-against-protectionism/3182/</link>
		<comments>http://worldfocus.org/blog/2008/12/10/us-and-china-urge-against-protectionism/3182/#comments</comments>
		<pubDate>Wed, 10 Dec 2008 17:04:20 +0000</pubDate>
		<dc:creator>Worldfocus</dc:creator>
		
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		<guid isPermaLink="false">http://worldfocus.org/?p=3182</guid>
		<description><![CDATA[The Congressional bailout of the American auto industry may be at odds with longstanding U.S. foreign policy. The U.S. has urged the world to resist protectionism. But now that the U.S. is engaging in protectionism of its own, foreign policy may be influenced.

Bruce Kogut, a professor at Columbia University's Graduate School of Business, discusses whether [...]]]></description>
			<content:encoded><![CDATA[<p>The <a href="http://www.marketwatch.com/news/story/democrats-say-agreement-reached-auto/story.aspx?guid={6978041F-7474-46B8-AC45-47DB4071DCFC}&amp;dist=msr_3" target="_blank">Congressional bailout</a> of the American auto industry may be at odds with longstanding U.S. foreign policy. The U.S. has urged the world to <a href="http://www.chinadaily.com.cn/bizchina/2008-12/05/content_7273939.htm" target="_blank">resist protectionism</a>. But now that the U.S. is engaging in protectionism of its own, foreign policy may be influenced.</p>
<p><a title="Bruce Kogut" href="http://www4.gsb.columbia.edu/cbs-directory/detail/6334308/Kogut" target="_blank">Bruce Kogut</a>, a professor at Columbia University&#8217;s Graduate School of Business, discusses whether or not protectionism will ultimately hurt the American automotive industry if foreign automakers tax imported American cars.</p>
<p><iframe frameborder="0" height="307" src="http://player.theplatform.com/ps/player/pds/lqtN52xjvc?pid=reVZmv8y98OosETq46SKpLYgG77lTe6s&amp;embedded=true&amp;width=514&amp;height=307" width="514"></iframe></p>
<listpage_excerpt>Bruce Kogut, a professor at Columbia University&#8217;s Graduate School of Business, discusses how the Congressional auto bailout could ultimately hurt the American automotive industry. </listpage_excerpt>
<post_thumbnail>/files/2008/12/th_auto_kogut.jpg</post_thumbnail>
<post_thumbnail_videopage>/files/2008/12/th_auto_kogut.jpg</post_thumbnail_videopage>
]]></content:encoded>
			<wfw:commentRss>http://worldfocus.org/blog/2008/12/10/us-and-china-urge-against-protectionism/3182/feed/</wfw:commentRss>
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		<title>World&#8217;s automotive industry struggles to survive</title>
		<link>http://worldfocus.org/blog/2008/12/08/worlds-automotive-industry-struggles-to-survive/3147/</link>
		<comments>http://worldfocus.org/blog/2008/12/08/worlds-automotive-industry-struggles-to-survive/3147/#comments</comments>
		<pubDate>Mon, 08 Dec 2008 20:50:52 +0000</pubDate>
		<dc:creator>Worldfocus</dc:creator>
		
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		<guid isPermaLink="false">http://worldfocus.org/?p=3147</guid>
		<description><![CDATA[The problem of falling car sales resonates far beyond the U.S. and Germany. For example, Japan's Nissan is down 44 percent.

Analyst Maryann Keller speaks with Martin Savidge about the developing situation worldwide and considers the options for the U.S. auto industry.

]]></description>
			<content:encoded><![CDATA[<p>The problem of falling car sales resonates far beyond the U.S. and Germany. For example, Japan&#8217;s Nissan is <a title="Nissan to be hit next?" href="http://www.straitstimes.com/Breaking%2BNews/Money/Story/STIStory_310710.html" target="_blank">down 44 percent</a>.</p>
<p>Analyst <a title="Maryann Keller" href="http://people.forbes.com/profile/maryann-n-keller/26826" target="_blank">Maryann Keller</a> speaks with Martin Savidge about the developing situation worldwide and considers the <a title="Carmakers need change at the top" href="http://money.cnn.com/2008/12/07/news/companies/automaker_help_obama/?postversion=2008120808" target="_blank">options for the U.S. auto industry</a>.</p>
<p><iframe frameborder="0" height="307" src="http://player.theplatform.com/ps/player/pds/lqtN52xjvc?pid=Dgi_tZ_9tLCIQLW8zEvI_YjzFMZjKddI&amp;embedded=true&amp;width=514&amp;height=307" width="514"></iframe></p>
<listpage_excerpt>Analyst Maryann Keller speaks about falling car sales worldwide and considers the options for the U.S. auto industry.</listpage_excerpt>
<post_thumbnail>/files/2008/12/th_auto_keller.jpg</post_thumbnail>
<post_thumbnail_videopage>/files/2008/12/th_auto_keller.jpg</post_thumbnail_videopage>
]]></content:encoded>
			<wfw:commentRss>http://worldfocus.org/blog/2008/12/08/worlds-automotive-industry-struggles-to-survive/3147/feed/</wfw:commentRss>
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		<title>U.S. auto industry distress ripples abroad</title>
		<link>http://worldfocus.org/blog/2008/12/04/us-auto-industry-distress-ripples-abroad/3082/</link>
		<comments>http://worldfocus.org/blog/2008/12/04/us-auto-industry-distress-ripples-abroad/3082/#comments</comments>
		<pubDate>Thu, 04 Dec 2008 20:03:27 +0000</pubDate>
		<dc:creator>Worldfocus</dc:creator>
		
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		<guid isPermaLink="false">http://worldfocus.org/?p=3082</guid>
		<description><![CDATA[Executives of General Motors, Ford and Chrysler are visiting Congress this week to request $34 billion in loans from the U.S. government. This request takes place as France announces its $33 billion economic stimulus plan.

International finance expert Roben Farzad of BusinessWeek evaluates these plans and considers the future of the American automotive industry.

]]></description>
			<content:encoded><![CDATA[<p>Executives of General Motors, Ford and Chrysler are visiting Congress this week to <a title="Big Three plead for $34 billion from Congress" href="http://money.cnn.com/2008/12/04/news/companies/senate_hearing/?postversion=2008120413" target="_blank">request $34 billion</a> in loans from the U.S. government. This request takes place as France announces its <a title="Sarkozy unveils 26-bln-euro stimulus plan for France" href="http://www.google.com/hostednews/afp/article/ALeqM5j4bidizqM3bQ75N3wm_BTv3tBAhQ" target="_blank">$33 billion economic stimulus plan</a>.</p>
<p>International finance expert <a title="Roben Farzad" href="http://www.businessweek.com/bios/Roben_Farzad.htm" target="_blank">Roben Farzad</a> of BusinessWeek evaluates these plans and considers the future of the American automotive industry.</p>
<p><iframe frameborder="0" height="307" src="http://player.theplatform.com/ps/player/pds/lqtN52xjvc?pid=JQ4MyoH16g6AWhRGsnRcPfO3Bgmgshcb&amp;embedded=true&amp;width=514&amp;height=307" width="514"></iframe></p>
<listpage_excerpt>International finance expert Roben Farzad of BusinessWeek considers the future of the American automotive industry.</listpage_excerpt>
<post_thumbnail>/files/2008/12/th_auto_farzad.jpg</post_thumbnail>
<post_thumbnail_videopage>/files/2008/12/th_auto_farzad.jpg</post_thumbnail_videopage>
]]></content:encoded>
			<wfw:commentRss>http://worldfocus.org/blog/2008/12/04/us-auto-industry-distress-ripples-abroad/3082/feed/</wfw:commentRss>
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		<title>Government can prevent another Great Depression</title>
		<link>http://worldfocus.org/blog/2008/11/21/government-can-prevent-another-great-depression/2877/</link>
		<comments>http://worldfocus.org/blog/2008/11/21/government-can-prevent-another-great-depression/2877/#comments</comments>
		<pubDate>Fri, 21 Nov 2008 21:48:09 +0000</pubDate>
		<dc:creator>Worldfocus</dc:creator>
		
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		<guid isPermaLink="false">http://worldfocus.org/?p=2877</guid>
		<description><![CDATA[Peter Coy, economics editor of Business Week magazine, speaks with Martin Savidge about where the world economy stands and where it might be headed. Coy describes the need for government intervention in the economy and puts this week’s events into a historical perspective -- pointing out that the current drop in stock prices has not [...]]]></description>
			<content:encoded><![CDATA[<p><a title="Peter Coy" href="http://www.businessweek.com/bios/Peter_Coy.htm" target="_blank">Peter Coy</a>, economics editor of Business Week magazine, speaks with Martin Savidge about where the world economy stands and where it might be headed. Coy describes the need for government intervention in the economy and puts this week’s events into a historical perspective &#8212; pointing out that the current drop in stock prices has not been seen since the Great Depression.</p>
<p><iframe src="http://player.theplatform.com/ps/player/pds/lqtN52xjvc?pid=T7uXpxdlV02TZQIhzGZW7u5ApZuS0oLT&amp;embedded=true&amp;width=514&amp;height=307" width="514" height="307" frameborder="0"></iframe></p>
<listpage_excerpt>Peter Coy, economics editor of Business Week magazine, discusses the state of the world economy and the direction it might be headed. </listpage_excerpt>
<post_thumbnail>/files/2008/11/th_economy_coy.jpg</post_thumbnail>
<post_thumbnail_videopage>/files/2008/11/th_economy_coy.jpg</post_thumbnail_videopage>
]]></content:encoded>
			<wfw:commentRss>http://worldfocus.org/blog/2008/11/21/government-can-prevent-another-great-depression/2877/feed/</wfw:commentRss>
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		<title>Auto industry turmoil spreads overseas</title>
		<link>http://worldfocus.org/blog/2008/11/18/auto-industry-turmoil-spreads-overseas/2755/</link>
		<comments>http://worldfocus.org/blog/2008/11/18/auto-industry-turmoil-spreads-overseas/2755/#comments</comments>
		<pubDate>Tue, 18 Nov 2008 21:01:06 +0000</pubDate>
		<dc:creator>Worldfocus</dc:creator>
		
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		<guid isPermaLink="false">http://worldfocus.org/?p=2755</guid>
		<description><![CDATA[The automotive industry suffers from the economic crisis as Ford announces plans to raise money by cutting its stake in Mazda Motor Corporation.

Joseph Foudy, global economics professor at New York University, discusses the automotive industry's turmoil and the role of the "Big Three" automotive companies in the American and global economies.]]></description>
			<content:encoded><![CDATA[<p>Ford announced Tuesday that it will <a title="Ford to raise $540 million by cutting Mazda stake" href="http://www.marketwatch.com/news/story/ford-raise-540-million-cutting/story.aspx?guid={4554627E-3FB6-4A50-BB25-FBCAD479B36A}&amp;dist=msr_16" target="_blank">raise money by cutting its stake</a> in Mazda Motor Corporation as the automotive industry suffers from the global financial crisis.</p>
<p><a title="Joseph Foudy" href="http://w4.stern.nyu.edu/faculty/facultyindex.cgi?id=415" target="_blank">Joseph Foudy</a>, a global economics professor at New York University, discusses the automotive industry&#8217;s turmoil and the role of the &#8220;Big Three&#8221; automotive companies &#8211; <a title="The Big Three Are a National Disgrace" href="http://www.slate.com/id/2204582/" target="_blank">General Motors, Ford and Chrysler</a> &#8211; in the American and global economies.</p>
<br /><img src="/files/2008/11/imgv_economy_foudy.jpg" alt="media"><br />

<listpage_excerpt>Joseph Foudy, a global economics professor at New York University, discusses Ford&#8217;s cut of its stakes in Japan&#8217;s Mazda.</listpage_excerpt>
<post_thumbnail>/files/2008/11/th_economy_foudy.jpg</post_thumbnail>
<post_thumbnail_videopage>/files/2008/11/th_economy_foudy.jpg</post_thumbnail_videopage>
]]></content:encoded>
			<wfw:commentRss>http://worldfocus.org/blog/2008/11/18/auto-industry-turmoil-spreads-overseas/2755/feed/</wfw:commentRss>
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		<title>From Wall Street to Main Street, leaders address crisis</title>
		<link>http://worldfocus.org/blog/2008/11/17/from-wall-street-to-main-street-leaders-address-crisis/2730/</link>
		<comments>http://worldfocus.org/blog/2008/11/17/from-wall-street-to-main-street-leaders-address-crisis/2730/#comments</comments>
		<pubDate>Mon, 17 Nov 2008 20:13:09 +0000</pubDate>
		<dc:creator>Worldfocus</dc:creator>
		
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		<category><![CDATA[Jagdish Bhagwati]]></category>

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		<description><![CDATA[The G-20 representatives gathered in Washington D.C. this weekend seeking an emergency response to the global economic crisis. The accomplishments of the meeting have been described as "decisive change," "more of the same" and everything in between.

Jagdish Bhagwati, senior fellow for international economics at the Council on Foreign Relations, speaks with Martin Savidge about the [...]]]></description>
			<content:encoded><![CDATA[<p>The <a title="G-20" href="http://www.g20.org/G20/" target="_blank">G-20</a> representatives gathered in Washington D.C. this weekend seeking an emergency response to the global economic crisis. The accomplishments of the meeting have been described as &#8220;<a title="Brazil's Lula hails G20 meeting as decisive change" href="http://www.reuters.com/article/governmentFilingsNews/idUSN1741738620081117#" target="_blank">decisive change</a>,&#8221; &#8220;<a title="G20 Summit Tackles Global Financial Crisis By Promising More of the Same" href="http://uprisingradio.org/home/?p=4428" target="_blank">more of the same</a>&#8221; and everything in between.</p>
<p><a title="Jagdish Bhagwati" href="http://www.cfr.org/bios/1753/" target="_blank">Jagdish Bhagwati</a>, senior fellow for international economics at the Council on Foreign Relations, speaks with Martin Savidge about the meeting&#8217;s accomplishments. They discuss the possibilities of a forthcoming G-20 meeting with Barack Obama in office and The Wall Street Journal&#8217;s assertion that the economic plan <a title="G-20 Leaders Tighten Grip on Banks" href="http://online.wsj.com/article/SB122679484106131155.html" target="_blank">could prove problematic</a>.</p>
<br /><img src="/files/2008/11/imgv_economy_bhagwati.jpg" alt="media"><br />

<listpage_excerpt>Jagdish Bhagwati of the Council on Foreign Relations discusses the weekend&#8217;s G-20 meeting in Washington and the prospect of a forthcoming G-20 meeting with Barack Obama in office.</listpage_excerpt>
<post_thumbnail>/files/2008/11/th_economy_bhagwati.jpg</post_thumbnail>
<post_thumbnail_videopage>/files/2008/11/th_economy_bhagwati.jpg</post_thumbnail_videopage>
]]></content:encoded>
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		<title>Week in review: Economic crisis, Iran, Iraq, al-Qaeda</title>
		<link>http://worldfocus.org/blog/2008/11/14/week-in-review-economic-crisis-iran-iraq-al-qaeda/2666/</link>
		<comments>http://worldfocus.org/blog/2008/11/14/week-in-review-economic-crisis-iran-iraq-al-qaeda/2666/#comments</comments>
		<pubDate>Fri, 14 Nov 2008 20:17:42 +0000</pubDate>
		<dc:creator>Worldfocus</dc:creator>
		
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		<guid isPermaLink="false">http://worldfocus.org/?p=2666</guid>
		<description><![CDATA[Carla Robbins of The New York Times and Gideon Rose of Foreign Affairs magazine join Martin Savidge to discuss the week's top stories: This weekend's G20 financial crisis summit, the back-and-forth debate over direct talks with Iran, the explosive violence in Iraq and the CIA director's latest assessment of al-Qaeda.

[media=224]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.nytimes.com/ref/opinion/editorial-board.html" target="_blank">Carla Robbins</a> of The New York Times and <a title="Gideon Rose" href="http://www.cfr.org/bios/112/gideon_rose.html" target="_blank">Gideon Rose</a> of Foreign Affairs magazine join Martin Savidge to discuss the week&#8217;s top stories: This weekend&#8217;s G20 <a title="World leaders meet to shore up global economy" href="/blog/2008/11/14/world-leaders-meet-to-shore-up-global-economy/2719/" target="_self">financial crisis summit</a>, the back-and-forth debate over <a title="Cutting gas imports could force peace with Iran" href="/blog/2008/11/13/cutting-gas-imports-could-force-peace-with-iran/2659/" target="_self">direct talks with Iran</a>, the explosive <a title="In Iraq, a sudden spurt of violence" href="http://www.latimes.com/news/printedition/front/la-fg-iraq13-2008nov13,0,1985750.story" target="_blank">violence in Iraq</a> and the CIA director&#8217;s <a title="Osama Bin Laden isolated, says CIA report" href="/blog/2008/11/14/osama-bin-laden-isolated/2667/" target="_self">latest assessment of al-Qaeda</a>.</p>
<br /><img src="/files/2008/11/imgv_roundtable_20081114.jpg" alt="media"><br />

<listpage_excerpt>Carla Robbins, Gideon Rose and Martin Savidge discuss the week&#8217;s news, including the financial crisis, Iranian diplomacy and the war in Iraq.</listpage_excerpt>
<post_thumbnail>/files/2008/11/th_roundtable_20081114.jpg</post_thumbnail>
<post_thumbnail_videopage>/files/2008/11/th_roundtable_20081114.jpg</post_thumbnail_videopage>
]]></content:encoded>
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		<title>Week in review: The world awaiting the next U.S. president</title>
		<link>http://worldfocus.org/blog/2008/10/31/week-in-review-the-world-awaiting-the-next-us-president/2364/</link>
		<comments>http://worldfocus.org/blog/2008/10/31/week-in-review-the-world-awaiting-the-next-us-president/2364/#comments</comments>
		<pubDate>Fri, 31 Oct 2008 21:19:11 +0000</pubDate>
		<dc:creator>Worldfocus</dc:creator>
		
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		<guid isPermaLink="false">http://worldfocus.org/?p=2364</guid>
		<description><![CDATA[Carla Robbins of The New York Times and Richard Haass of the Council on Foreign Relations join Martin Savidge to discuss the world that awaits the next U.S. president, including the wars in Iraq and Afghanistan, the economic crisis and a return to diplomacy in foreign policy.

They speculate on the difficulties over the next four years with external challenges and internal economic constrains, calling for the next president to speak "sober talk, not happy talk."]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.nytimes.com/ref/opinion/editorial-board.html" target="_blank">Carla Robbins</a> of The New York Times and <a href="http://www.cfr.org/bios/3350/" target="_blank">Richard Haass</a> of the Council on Foreign Relations join Martin Savidge to discuss <a title="The World that Awaits" href="http://www.newsweek.com/id/165648" target="_blank">the world that awaits</a> the next U.S. president, including the wars in Iraq and Afghanistan, the economic crisis and the need for diplomacy in  foreign policy.</p>
<br /><img src="/files/2008/10/imgv_rt_intv.jpg" alt="media"><br />

<listpage_excerpt>Carla Robbins of The New York Times and Richard Haass of the Council on Foreign Relations discuss the world that awaits the next U.S. president, including the wars in Iraq and Afghanistan, the economic crisis and the need for diplomacy in foreign policy.</listpage_excerpt>
<post_thumbnail>/files/2008/10/th_sp_rt.jpg</post_thumbnail>
<post_thumbnail_videopage>/files/2008/10/th_sp_rt.jpg</post_thumbnail_videopage>
]]></content:encoded>
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