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we begin with breaking news. pope benedict xvi resigning. age and fatigue are the reasons behind his resignation. here is what the statement reads in part both strength of mind and body are necessary. strength which in the last few months has deteriorated in me to the extent that i have had to recognize my incapacity to adequately fulfill the ministry entrusted to me. this tweet came from the pope s account 23 hours ago. we must trust in the mitty power of god s mercy. we are all sinners, but his grace transforms us and makes us new. this would be historical. the last time a pope resigned happened 600 years ago. that would be pope gregory iv in 1415. the very first pope to resign was pope clement in the year 101, 1,100 years ago roughly that the first pope resigned. many questions about whether popes in modern times think resignation is acceptable or not. pope benedict said, in fact, made it very clear that being able to resign was acceptable and made this part of the state
ValenciaCaraboboVenezuelaVermontUnited-statesCaliforniaSan-diegoNew-leadsAberdeenshireUnited-kingdomWashingtonDistrict-of-columbia melissa: and i am melissa francis. the extension of the debt ceiling. will it make the markets feel any more confident? lori: in the meantime, lou dobbs is here. secretary of state hillary clinton testifying on the benghazi attack. melissa: is the economy and low beer? we have an exclusive interview with the american trucking corporation bill graves. lori: the big apple shrinking? the new trend of micro- apartments in manhattan. 250 square feet. melissa: time for stocks now as we do every 15 minutes. let s head to the floor of the new york stock exchange where nicole petallides is standing by. nicole: i saw pictures of those apartments, i would love to buy one. they actually look very cute. let s take a look at some of the earnings related names. let s start at mcdonald s. it is up about a half% here. they expect the management that is not great news there. you can see the up arrow. when you talk about airlines they are up about three and a 3%. good news there despite the f
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