UPI VIDEO NEWS 02.01.08

Clinton, Obama cordial in latest debate.

Senators Barack Obama and Hillary Clinton set a new tone in last night's Democratic debate in Los Angeles. Unlike the last time the rivals took the stage together, Clinton and Obama almost hugged each other at the end, whispering into each other's ear. The night was filled with smiles and gentle joking as they pointed out their differences on Iraq, health care and the economy. This was the Democrats' last debate before next week's Super Tuesday contests.

Microsoft has made a $45 billion bid to acquire the Internet site "Yahoo." The world's biggest software maker is hoping that such a deal would challenge Google's lead in Internet search services and advertising. Yahoo says that it plans to evaluate the proposal promptly.

More than 50 people are dead after two bombs exploded in Baghdad today. Nearly 200 are wounded. It was the worst attack in the Iraqi capital for many months. Iraqi officials say two mentally disabled women were strapped with explosives and blown up by remote control in busy Baghdad markets. The U.S. military is blaming the bombings on Al Qaeda in Iraq.

Economists are hoping for more employment in February following a drop in jobs last month. There was a net loss of 17 thousand jobs in January. It was the first decline in employment in four years, raising new concerns about the risk of a recession. However, the drop was based on a preliminary reading, which could be revised later.

UPI VIDEO NEWS 01.25.08

Egpyt closes off parts of border to Gaza.

Egypt is now sealing off parts of its border with Gaza. That's after tens of thousands of Palestinians have crossed back and forth with little interference for the past two days. Earlier this week, Palestinians breached a border crossing, allowing them to get supplies since Israel sealed its border with Gaza a week ago. Egyptian soldiers in riot gear formed a human chain today while other soldiers rolled out barbed wire. The U.S. and Israel have been pressuring the country to close open border areas because they're worried that terrorists with weapons could travel undetected from Egypt into the Palestinian territory.

Washington leaders have agreed on a stimulus plan to give American taxpayers rebates of $600 or more, but people may not see that money for a while. Government officials say it could be May or June before Americans get any real cash. That's because the IRS has to cut the checks, and the agency is now in the middle of the '07 tax-filing season. However, nothing can get started until the bill is passed by the House and Senate. Congressional leaders say they hope to have legislation on the President's desk by the middle of next month.

Democrat Dennis Kucinich is reportedly dropping out of the presidential race. The congressman from Cleveland told a newspaper yesterday that he would make his withdrawal announcement today. The 61 year old has been an outspoken Iraq war critic who's consistently voted against funding the war and led anti-war efforts in Congress. Kucinich has said he won't endorse another candidate for the Democratic presidential nomination.

An explosion in Beirut today has killed four people, including Lebanon's top anti-terror investigating officer. The attack, which wounded 38 others, happened in a Christian neighborhood northeast of the capital. Violence has escalated in Lebanon as pro and anti-Syrian lawmakers in parliament are locked in a battle to elect a president. The country has been without a leader since November when pro-Syrian Emile Lahoud (a-meel la-hood) stepped down at the end of his term.

UPI VIDEO NEWS 01.22.08

Fed cuts interest rates.

The Federal Reserve has cut two key interest rates by three-quarters of a percentage point. The rate cut happened earlier today, just as stocks plunged at the opening bell. The Fed lowered its federal funds rate from 4.25 percent to 3.5. That rate affects how much people pay on credit card debt, home equity lines of credit and auto loans. It also lowered its discount rate three-quarters of a point to 4 percent. That rate determines what it costs banks to borrow directly from the central bank. This was the biggest rate cut by the Fed since October 1984.

Democratic presidential candidates Hillary Clinton and Barack Obama engaged in their most heated debate yet last night. Just minutes into the debate in South Carolina, the two exchanged sharp criticisms over health care and other issues. On numerous occasions, they interrupted each other and even turned to direct their responses to each other instead of a panel of moderators. Former Senator John Edwards tried to stay out of the heated exchange. South Carolina voters will go to the polls on Saturday for the first Democratic primary in the South.

Israel is allowing fuel and medical supplies into Gaza today after an earlier blockade left residents struggling with major power cuts. Last week, Israel closed all border crossings with Gaza after days of rocket attacks on the southern part of the country. That sparked massive protests and a fear from aid agencies that the move could turn into a humanitarian crisis.

President Bush marked the Martin Luther King holiday yesterday with a visit to Washington's downtown library named after the historic individual. The President, First Lady and D.C.'s mayor participated in a lesson for a handful children. Bush posted pictures on a bulletin board and taught the students how King fought to change unfair laws.

UPI VIDEO NEWS 12.21.07

Schwarzenegger suing federal government.

California Governor Arnold Schwarzenegger is planning to sue the federal government. That's after it decided not to allow a California plan to reduce greenhouse gas emissions. The project would have allowed the state to cut emissions faster than a new federal plan the president signed into law earlier this week. President Bush says the decision to nix the project is based on the fact that the new legislation allows for a national strategy. Schwarzenegger says he would like to set a higher standard for California.

Republican Tom Tancredo is bowing out of the presidential race. Instead, he says he'll endorse Mitt Romney's candidacy. Tancredo is a fierce opponent of illegal immigration and kept the issue active in many GOP debates he participated in. However, his campaign struggled to gain popularity. A poll released earlier this week showed the Colorado congressman registered less than one percent support nationally.

Belgium is tightening its security today amid fears of a possible terrorist attack in that country. Fourteen suspected Islamic militants have been arrested in connection with an armed plot to free an Al Qaeda suspect from jail. Authorities believe the weapons and explosives could also be used for other means. There are now increased police patrols at Brussels' international airport, on trains and in shopping centers.

At least 50 people are dead after an attack in a mosque in northern Pakistan. Dozens of others are injured. The bomb targeted a former Pakistani interior minister reportedly over his supervision of militants in the country's tribal areas. The blast left bloody clothes, shoes and pieces of flesh scattered across the mosque.