It was year ago Wednesday that Egyptians first rose against then President Hosni Mubarak in a tour de force that drove him from power. A lot has changed for Egyptians this past year. They elected their first free parliament in six decades. And Islamists, long banned by Mubarak, are now the country's main political force.
As the president delivered the final State of the Union address of his term before a looming re-election battle, he looked out at a sea of angry and skeptical Republicans who had fought him on budgets, government shutdowns, and whether or not to raise the nation's debt ceiling.
And what did President Bill Clinton do in 1996?
He delivered his "the era of big government is over" speech, which The Washington Post summed up this way: "Clinton Embraced GOP Themes in Setting Agenda."
The Japanese government has announced that the country's trade balance has gone negative. It's the first time since 1980 that Japan's export-based economy has recorded a trade deficit. Economists say the strength of the yen and weak global demand have hit Japanese exports hard.
The Federal Reserve will announce on Wednesday what officials expect to do with the rates it controls for next couple of years. The Fed will join central banks in Sweden, Norway and New Zealand in relaying information about expectations for short-term interest rates. Renee Montagne talks to David Wessel of The Wall Street Journal about why the Fed is doing this, and the impact it will have.
President Obama gave his State of the Union address Tuesday night. The speech was one part blueprint for economic cooperation, and one part political warning shot — as Obama prepares for a tough re-election campaign.
Vancouver, Canada, is laying claim to the most expensive hot dog in the world. Chef Dougie Luv of DougieDog Hot Dogs starts serving his $100 Dragon Dog Wednesday. The hot dog features a foot-long bratwurst which is infused with 100-year-old Louis XIII cognac. That cognac costs more than $2,000 a bottle.
President Obama has delivered what could be his last State of the Union address as he fights for re-election. How did speech go over with the 535 members of Congress? Among those commenting, California Republican Dana Rohrbacher said Obama tried to take both sides on a lot of issues.
The text of President Obama's State of the Union address, as delivered:
Thank you. Thank you so much.
Mr. Speaker, Mr. Vice President, members of Congress, distinguished guests, and fellow Americans:
Last month, I went to Andrews Air Force Base and welcomed home some of our last troops to serve in Iraq. Together, we offered a final, proud salute to the colors under which more than a million of our fellow citizens fought — and several thousand gave their lives.
First came sexual-assault allegations against Jerry Sandusky, a former assistant football coach at Penn State. Then, molestation accusations against Bernie Fine, an assistant basketball coach at Syracuse. And now, new details about what led John Chadima, an associate athletic director at Wisconsin, to resign earlier this month.