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Submitted by Newsroom on January 19, 2011 – 8:48 amNo Comment

Latest World News: 8:48 a.m. mst
 
 
 US-CHINA-ECONOMY
     Official: China to buy $45 billion in US exports
 
     WASHINGTON (AP)
– A senior administration official says China
will announce deals today to purchase $45 billion in U.S. exports,
including a $19 billion agreement to buy 200 Boeing airplanes.
     The official says the deal will create 235,000 jobs in the U.S.
China will also invest in U.S. exports from agriculture,
telecommunications and computer companies.
     China and the U.S. are to announce the deals during Chinese
president Hu Jintao’s state visit to Washington. CEOs from several
of the companies China is striking deals with, including Boeing and
General Electric, will meet with Hu and President Barack Obama at
the White House today.
     The official spoke on the condition of anonymity in order to
speak ahead of the formal announcement.
 
 US-CHINA
     Obama touts US-China relations
 
     WASHINGTON (AP)
– President Barack Obama says a state visit by
Chinese President Hu Jintao (hoo jihn-tow) is laying the foundation
for deeper prosperity between their two nations.

U.S. President Barack Obama

     Said Obama: “We have an enormous stake in each other’s
success.”
     As for the visiting Chinese leader, he says cooperation between
the U.S. and China should be based on mutual respect. He says the
two countries should respect each other’s interests and development
paths.
     It’s Hu’s first visit to the U.S. since 2006, when his arrival
was marred by protocol blunders including shouting from a
protester.
 
 CONGRESSWOMAN SHOT
     Official: Video shows congresswoman being shot in the face
 
     TUCSON, Ariz. (AP)
– An Arizona sheriff’s official says
surveillance video shows 22-year-old Jared Loughner shooting a
congresswoman in the face.
     Pima County Sheriff’s Chief Rick Kastigar says Loughner then
fires indiscriminately at a group of people sitting in chairs. He
then shoots Ron Barber, and U.S. District Judge John Roll gets on
top of Barber in an apparent effort to shield him.
     Roll was shot in the back and died from his injuries, along with
five others. Barber, an aide to Rep. Gabrielle Giffords, was shot
in the leg and in the face and neck area and survived. Giffords is
hospitalized.
 
 SCHOOL SHOOTING
     Official: LA school didn’t follow security policy
 
     LOS ANGELES (AP)
– The incoming superintendent of the Los
Angeles Unified School District says a review indicates security
policy wasn’t followed at a high school where a gun in a student’s
backpack fired and wounded two classmates.
     John Deasy tells KTLA-TV that the review indicates Gardena High
School didn’t conduct enough random searches of students using
metal detector wands. He says the checks are being made Wednesday
morning.
     A 17-year-old was arrested at the school Tuesday after
authorities say a gun he brought to school in a backpack went off
in class, hitting a girl and boy, both 15 years old.
     Deasy says the girl, whose skull was fractured by the bullet,
remains in critical condition. The boy, who suffered a neck wound,
has been upgraded to good condition.
 
 ABORTION CLINIC-INVESTIGATION
     Pa. abortion doc charged with 8 counts of murder
 
     PHILADELPHIA (AP)
– A Philadelphia abortion doctor has been
charged with eight counts of murder in the deaths of a woman
patient and seven babies that prosecutors say were born alive and
then killed with scissors.
     The charges against Dr. Kermit Gosnell follow a long grand jury
investigation.
     District Attorney Seth Williams says state regulators ignored
complaints and failed to visit the clinic since 1993.
     Williams says the women were subjected to squalid and barbaric
conditions at Gosnell’s Women’s Medical Society, which was shut
down last year.
     Gosnell has been named in at least 10 malpractice suits,
including one over the death of a woman who died of sepsis and a
perforated uterus.
 
 WALL STREET
     Investors zero in on bank earnings
 
     NEW YORK (AP)
– Stocks are mixed in early trading following
another round of earnings reports from major banks.
     Goldman Sachs Group Inc. reported Wednesday its profit dropped
53 percent in the fourth quarter due to sharp declines in its
investment banking businesses. Its stock fell 2.6 percent.
     Bank of New York Mellon Corp. posted earnings that were lower
than analysts expected, sending its stock down 2.3 percent.
     But Wells Fargo & Co. said its profit shot up after it set aside
less money to cover bad loans. Its shares edged up.
 
 ECONOMY
     2010 ends as 2nd worst year for home construction
 
     WASHINGTON (AP)
– Builders began work last year on the second
fewest number of homes in more than half a century, as the weak
economy kept people from buying houses.
     Builders broke ground on a total of 587,600 homes in 2010, just
barely better than the 554,000 started in 2009. Those are the two
worst years on records dating back to 1959.
     And the pace is getting worse. The Commerce Department says
builders started work at a seasonally adjusted annual rate of
529,000 new homes and apartments last month, a drop of 4.3 percent
from November.
     In a healthy economy, builders start about one million units a
year. They built twice as many in 2005, at the height of the
housing boom. Since then the market has been in decline.
 
 HAITI-EX DICTATOR RETURNS
     Duvalier faces possible trial in Haiti
 
     PORT-AU-PRINCE, Haiti (AP)
– A Haitian judge is considering
whether there’s enough evidence to try former dictator Jean-Claude
Duvalier (doo-vahl-YAY’) on corruption and embezzlement charges
dating to his 15-year rule.
     The former strongman known as “Baby Doc” returned to Haiti
Sunday after more than a quarter century in exile. Duvalier has
been accused of stealing hundreds of millions of dollars in public
money and overseeing the torture and killing of political enemies.
He was deposed in a popular uprising in 1986.
     His defense attorney says judges questioned Duvalier for hours
yesterday. While Haiti’s court system allows for pretrial
detention, Duvalier was allowed to remain free and returned to his
hotel room under police escort. However, he cannot leave the
country.
     The former dictator had been living in Paris, and his longtime
companion had earlier said Duvalier expected the trip to Haiti
would last three days.
     While several hundred supporters gathered outside the court
yesterday, chanting slogans and cheering Duvalier, there have been
no signs of widespread support.
 
 TUNISIA
     UN official: More than 100 dead in Tunisia
 
     GENEVA (AP)
– The U.N.’s human rights chief says more than 100
people have died during the unrest in Tunisia.
     Navi Pillay also told reporters at the U.N.’s European
headquarters Wednesday that she would send a team to Tunisia to
investigate, and that “human rights abuses were at the heart of
Tunisia’s problems.”
     Pillay says her office has received information on more than 100
deaths in the last five weeks “as a result of live fire, as well
as protest suicides and the deadly prison riots at the weekend.”
     She says she will ask the team to return with a plan for ridding
the nation of abuses.
     The statement came as the Swiss government moved to freeze the
assets of Tunisia’s ousted president and about 40 people in his
entourage.
 
 MILITARY SUICIDES
     Spike in suicides for Army National Guard, Reserve
 
     WASHINGTON (AP)
– The Army says suicides among active duty
soldiers dropped slightly in 2010 after five years of record
increases.
     But there were twice as many self-inflicted deaths last year
than the year before among the Army National Guard and Reserve, the
nation’s “citizen soldiers.”
     The big increase in suicides for members of the Guard and
Reserve involved soldiers who were not on active duty at the time.
     The number of active duty suicides declined in all services
except for the Air Force last year.
 
    
     (Copyright 2011 by The Associated Press.  All Rights Reserved.)

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