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Friday morning, March 18, 2005

Life after two years of war in Iraq

Sunday marks the second anniversary of the start of the war on Iraq. For ordinary Iraqis, the war has meant dramatic changes... Both in their personal and economic lives. Borzou Daragahi reports from Baghdad.
 (Photo: Getty Images©)

War and economic sacrifice - how Americans view war

This Sunday marks the 2 year anniversary of the U.S. invasion of Iraq. Out defense efforts haven't been cheap - nearly $500 billion a year. But these days, we generally don't expect to feel much an impact in our daily lives. The American public doesn't equate war with sacrifice, the way it did in the 1940s. So, what happened? Marketplace's Scott Tong reports.

The Job Files!

Time again for a look into the Job Files. Today, we meet a glass eye maker.
Ada Lee Halofsky produced today's Job Files.

From Miami: Bolivia is being watched closely this week by ExxonMobil, British Petroleum and other energy companies. South America's poorest country is embroiled in a battle over its natural gas reserves.

From Washington: The Senate rejected President Bush's planned spending cuts for Medicaid yesterday. It's a defeat for the Republicans and sets the stage for a nasty budget battle with the House.

From Seattle: If you think airport lines are bad now, a new forecast from the Federal Aviation Administration says you ain't seen nothin' yet. More than a billion people a year could be flying the friendly skies in a decade.

From Los Angeles: Today the first computerized running shoe hits the market. The Adidas-1 has a microchip and sensor inside. Adidas claims the shoe can self adjust its cushioning to fit a runner's size, pace and terrain.

From London: The Sarbanes-Oxley act imposing stricter corporate governance rules has hit European companies harder than their American counterparts. From London, Stephen Beard reports.

From Los Angeles: A congressional audit of Head Start says the nation's pre-school program is badly managed. The Government Accountability Office audited the federal program at the request of Republican Senators and Congressmen who've been critical of Head Start management.

From Los Angeles: Oil hit a new high yesterday. It topped $57 a barrel-before settling around $56.50. OPEC agreed to increase how much it pumps, but that didn't do much to calm prices. So are these high times for OPEC? Stacey Vanek Smith reports, maybe not as high as you think.

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