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Recovery: NY seeks billions in federal aidNew York officials are tackling the dire economic fallout from the terrorist attacks on two fronts, with Mayor Rudolph Giuliani predicting a $1 billion revenue loss this budget year and the governor calling for $54 billion to revitalize the city. The state's congressional delegation vowed to fight for the federal money Gov. George Pataki requested, but Sen. Charles Schumer acknowledged that securing the full amount would be a "very heavy lift." Giuliani ordered a 15 percent cut in spending by most city departments, sparing only the police and fire departments and the school system. Those departments face a 2.5 percent cutback. A citywide hiring freeze went into effect after the attacks, he said. (Full story) Lawsuits over the September 11 terrorist attacks on the World Trade Center are likely, legal experts and plaintiff attorneys agree. Hundreds of individuals and companies allege that the Port Authority was negligent for failing to implement proper security measures despite recommendations, for example, to close underground parking garages to the public. (Full story) Four weeks after the attacks, New Yorkers are wearing dust masks on the streets downtown and hiring industrial cleanup crews to remove asbestos from their offices and apartments. Despite government assurances that the air is safe near the site of the devastated trade center, many are still worried about the environmental effects. (Full story) The FBI is asking architects and building engineers across the country to report any suspicious requests for building plans, especially for federal buildings and projects, according to two industry groups. Since September 11, a number of design and engineering firms have contacted their professional organizations about recent or past "unusual" requests for blueprints. These requests came both before and after the attacks. (Full story) New York City cab drivers say fewer tourists, restricted roadways and even ethnic bias have caused their incomes to tumble since the World Trade Center attacks. "Drivers have been impacted at a disastrous level," said Bhairavi Desai, spokeswoman for the New York City Taxi Alliance, which represents more than 3,000 taxi drivers. The Alliance estimates the drivers' income has been cut by at least half since the attacks. (Full story)The show may go on for the twice-postponed Emmy Awards, and a military base is among the new locations being proposed for the ceremony, award show sources said. CBS and the Academy of Television Arts & Sciences are working on a plan for a ceremony to air before the end of the year, although details remain unsettled, the sources said, speaking on condition of anonymity. (Full story) Upbeat corporate profit reports sent U.S. stocks surging for the first time this week Wednesday as Wall Street grew more comfortable with the air strikes on Afghanistan targets. (Full story)
What will be the long-range impact on the global airline industry? Click for more Are security breaches common at U.S. airports? What is the government doing to improve airport safety? Click for more How is Congress helping out in the recovery process? Click for more Are children able to grasp the severity of the September 11 attacks? How are they coping? Click for more Will firefighters take greater precautions in rushing into burning buildings in the aftermath of the attacks? Click for more How long will it take to reopen the damaged section of the Pentagon? At what cost? Click for more What will happen to the World Trade Center site? Click for more What measures will be taken to try to prevent a recurrence of such attacks? Click for more George W. Bush: U.S. president Laura Bush: First lady of the United States, she has become more visible since the terrorist attacks, making public appearances urging parents and teachers to help reassure children that everything is being done to try to keep them safe. Click for more Tom Ridge: Director of the U.S. Office of Homeland Security, a new Cabinet-level position Click for more Richard Clarke: Head of efforts to safeguard information systems for the Office of Homeland Security Click for more Wayne Downing: Retired Army general tapped as deputy national security adviser Click for more Joe Albaugh:The chief of the Federal Emergency Management Agency Click here for more. Rudy Giuliani: Mayor of New York Click for more Paul O'Neill: Treasury secretary Norman Y. Mineta:Transportation secretary Jane Garvey: FAA administrator The latest figures provided by federal and local officials give the following totals for the number of people dead or missing from the September 11 attacks. WORLD TRADE CENTER: 4,815 reported missing to the New York Police Department, including the 157 people on the two hijacked planes; 417 confirmed dead, 366 bodies identified PENTAGON: 64 dead on hijacked plane; another 125 dead or missing PENNSYLVANIA: 44 confirmed dead on hijacked plane The events of September 11 exposed the vulnerability of the world's greatest superpower, presenting the United States with the challenge of recovering emotionally and physically. Several industries -- particularly the airline industry and the insurance industry -- have been hit hard by the aftermath of the terrorist attacks, and their progress will be watched closely as a guide to the overall U.S. economic and psychological recovery. |
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