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Dubai is throwing a multi-million-dollar extravaganza on Thursday to launch a luxury hotel on an artificial palm-shaped island, despite the bite from the global financial crisis.
More than 2000 world celebrities are due to attend the event which has been dubbed by the local press as “the party of the decade.”
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The man known as ‘Joe the Plumber’ has reportedly signed a book deal after admitting he was “broke” following his starring role in the recent US election campaign.
Joe, also know as Samuel Wurzelbacher, became the symbol of the everyday American and was repeatedly referred to by John McCain and Sarah Palin during Republican rallies.
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The former US president Bill Clinton may have to cease some of his activities for his wife, Hillary, to become the nation’s top diplomat.
“There is a lot of momentum in the direction of this happening,”
said James Carville, a friend of the Clintons.
Mr Carville said the former president’s work - past and future - was a complicating matter. “She’s not married to Todd Palin,” he said, referring to the husband of the Republican vice-presidential candidate, Sarah Palin.
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President-elect Barack Obama and his defeated Republican rival John McCain pledged on Monday a “new era of reform” to solve the US economic crisis, transform energy policy and safeguard national security.
Two weeks after the November 4 election, the pair said in a joint statement after talks here that Americans of all parties wanted their leaders to come together and “change the bad habits of Washington”.
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Pop megastar Michael Jackson recorded a song written by a Bahraini prince planned as a charity single, a court ruling on a lawsuit between the two men heard on Monday.
The unusual musical collaboration emerged as Sheikh Abdulla bin Hamad Al Khalifa, second son of the King of Bahrain, went to the High Court in London to sue cash-strapped Jackson for $US7 million.
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She won’t be Vice President but Sarah Palin stands to cash in on her tilt for high office, with multi-million contracts for books and talk shows appearances expected to come her way.
Literary agents were queuing up to sign Palin to a book deal that could earn her up to $11 million, The Times reported.
The recent election campaign was sure to result in hundreds of books by journalists and politicians, but “Palin’s personal account of her tumultuous introduction to national politics” would be the most lucrative story, it said.
“Every publisher and a lot of literary agents have been going after her,” said Jeff Klein of Folio Literary management.
“She’s poised to make a ton of money,” public relations expert Howard Rubenstein said.
A spokesman for publisher Random House told the New York Post: “There are several of our imprints who are eager to talk to Governor Palin. She clearly has a constituency and we know books by conservatively-centred politicos usually sell very, very well.”
It was not yet known what sort of deals a Palin book could attract, but the contract was sure to be compared to a deal signed by comedian Tina Fey, who played Palin in a series of spoofs on Saturday Night Live, a publishing source told The Post.
“That’s an interesting question because everybody will compare what she gets to the book deal Tina Fey reportedly made - $6 million,” the source said. “No matter what it is, the betting is she’ll sign a deal by the end of the month.”
But books weren’t Palin’s only opportunity to cash-in, with commentary spots on Fox and CNN also a possibility, The Post said.
Linda Mann, of Mann Media, told the paper: “Her buzz is incredible. She has car-wreck appeal. You’re compelled to watch, hoping she’ll say the dumbest things possible. I’d propose a show combining her love of fashion and lack of brainpower - ‘Project Dumbway’.”
However, Mr Rubenstein warned Palin against blindly chasing the cash.
“She ought to keep an eye on what her goals are for 2012. If she plays a game and looks foolish, if she sounds like she doesn’t know what she’s talking about - like saying Africa is a country - she may talk herself out of a political job,” he said.
After her well-publicised campaign, Palin was now in a similar position to that of President-elect Barack Obama in 2004, a “mostly unknown Chicago politician” who found himself in the spotlight after “a mesmerising speech to the Democratic convention”, his election to the Senate and the launch of his book, ‘The Audacity of Hope’, The Times said.
Palin was now a likely candidate for the Senate seat representing Alaska, the paper said.

President-elect Barack Obama said in a television interview that one of the things he dreads most in taking over the White House is the “loss of anonymity,” and one of his biggest worries is ensuring his daughters can grow up in a normal way.
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At least someone is excited about “meh”.
The expression of indifference or boredom has gained a place in the Collins English Dictionary after generating a surprising amount of enthusiasm among lexicographers.
Publisher HarperCollins announced on Monday the word had been chosen from terms suggested by the public for inclusion in the dictionary’s 30th anniversary edition, to be published next year.
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Leaders from the world’s biggest economic powers known as Group of Twenty (G20) gathered in Washington today for a crisis summit to reshape the global financial order as recession spreads to a growing number of countries.
US President George Bush was hosting more than 20 leaders from the world’s richest nations and emerging economic powerhouses, including Prime Minister Kevin Rudd, at a working dinner at the White House followed by formal talks tomorrow.
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SPECULATION is mounting in the US that Hillary Clinton could take control of the country’s foreign affairs policy as president-elect Barack Obama considers her for his secretary of state.
Senator Clinton lost the Democratic Party nomination to Senator Obama, but she is understood to be a strong candidate for foreign affairs, along with the decorated war hero Senator John Kerry.
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