Americans Targeted for Allegedly Running Underage Prostitution in Philippines

Arthur Benjamin is sitting at the edge of a small stage, wearing a lavender Hawaiian shirt and nursing a bottle of San Miguel Light beer. The 6-foot-6 mustachioed Texan lazily watches the half dozen or so girls dancing rather unenergetically around the stage's pole.

"I forgot your gift again, it's in the car," Benjamin says to one of the girls on stage, shouting above the pop music blaring from the speaker system.

The small, dingy bar, which Benjamin says he owns, is called Crow Bar. It's in a rundown part of the picturesque Subic Bay in the western Philippines, about a three hour drive from the capital, Manila. Home for 50 years to a United States naval base, Subic Bay has become synonymous with foreigners looking for sex in the long string of bars that line the main road along the coast.

Watch the full story on "Nightline" TONIGHT at 12:35 a.m. ET

The bars in this area are often packed with older foreign men ogling the young Filipina women available for the night for a "bar fine" of around 1,500 Filipino pesos, or just over $35. Many of the bars are owned and operated by Americans, often former military servicemen who either served on the base or whose ships docked here until the base was shuttered under political pressure in 1992.

Most of the prostitutes working in the bars are indeed 18 or older. But in the Philippines, just a small scratch to the surface can reveal a layer of young, underage girls who have mostly come from impoverished rural provinces to sell their bodies to help support their families.

Benjamin, 49, is, according to his own statements, one of the countless foreigners who has moved beyond just having sex with underage girls to owning and operating a bar where girls in scantily-clad outfits flaunt their bodies for patrons.

"My wife recently found out that I have this place," he tells an ABC News "Nightline" team, unaware they are journalists and recording the conversation on tiny hidden cameras disguised as shirt buttons.

Benjamin said that a "disgruntled waitress" had written his wife on Facebook, detailing his activities in Subic Bay.

"She sent her this thing saying that I have underage girls who stayed with me, that I [have anal sex with them], I own a bar, I've got other girls that I'm putting through high school, all this other crap," he said.

"All of which is true," he laughed. "However, I have to deny."

He sends a text message summoning his current girlfriend, a petite dark-skinned girl called Jade, who he said is just 16 years old. Benjamin says he bought the bar for her about a year ago and while most still call it Crow Bar, he officially re-named it with her last name.

"She needed a place to stay, I needed a place to do her. I bought a bar for her," he says, explaining that she lives in a house out back by the beach.

"You're not going to find anything like this in the States, not as a guy my age," he said as he looked down at Jade. "Ain't going to happen."

Benjamin is the latest target of Father Shay Cullen, a Catholic priest with a thick Irish brogue and fluency in the local language, Tagalog. Through his non-profit center called Preda, he's been crusading against underage sex trafficking in the Philippines for 40 years.

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High risks for Obama in new spending fight

WASHINGTON: Barack Obama may have the upper hand against Republicans in a high-risk new spending showdown, but a drawn-out clash would likely damage the economy and put his presidential legacy on the line.

The United States is just five days from its latest self-inflicted flirt with economic disaster -- an $85 billion hit from automatic and indiscriminate spending cuts -- but no one is burning the midnight oil to find a way out.

Instead, Obama is in full-bore campaign mode, blaming Republicans for apocalyptic scenarios after the so-called "sequester" hits, blitzing local media markets and hitting the road to build an indictment against his foes.

He rails about "meat cleaver" cuts that could cost public sector jobs, stall the economy, hinder a superpower military, furlough FBI agents, drain resources from emergency services and clog up US airports.

Obama's tactics mark an evolution in his political style, after often fruitless efforts to compromise with Republicans during his first term.

Now, the president is playing an outside game, waging a campaign to force Republicans to agree to raising more revenue -- through higher taxes on the rich -- to combine with less severe spending cuts to cut the deficit.

So far, it has been an unfair fight. Obama is exploiting his office's unique power to grab headlines, and will this week begin swooping on Air Force One into different states to highlight the cost of the cuts.

"Presidents have a major advantage, regardless of who they are, over their opponents in Congress," said David Johnson, CEO of political consulting firm Strategic Vision.

"This president is very skillful at using imagery, and employing the bully pulpit to show how the sequester will affect everyday lives, teachers and law enforcement. He is also still basking in the glow of re-election."

Obama's argument has the benefit of clarity.

"Are Republicans in Congress really willing to let these cuts fall on our kids' schools and mental health care just to protect tax loopholes for corporate jet owners?" he asked in his weekly address Saturday.

"Are they seriously prepared to inflict more pain on the middle class because they refuse to ask anything more of those at the very top?"

Republicans refuse to agree on revenue hikes, arguing that Obama simply wants to bring in more cash to spend on a bloated government.

Obama is playing to his strengths.

He is better at building grassroots coalitions than playing Washington's inside power game. He is also being careful not to repeat his first-term mistake of getting bogged down in the White House.

This week alone, he brought in local television networks for interviews, won flattering headlines after an off-the-record chat with top journalists and appeared with firefighters who fear the impact of the sequester.

A USA Today poll showed that 49 per cent of Americans would blame Republicans in Congress for the impact of the sequester, while only 31 per cent would blame Obama.

Senior White House officials say that when the sequester hits and Americans see the consequences, Republicans will be forced to seek compromise.

Republican Senator Tom Coburn said Sunday that the sequester was a terrible way to cut spending because it slices funding indiscriminately and does not distinguish between worthy and unworthy programs.

But he complained that there had been "no leadership" from Obama in realizing America had a spending addiction.

"The problem is, is an excessive, bloated, big federal government that's highly inefficient and highly ineffective," Coburn told "Fox News Sunday."

Whether Republicans will take all the blame if the sequester hits will be tested once spending cuts begin taking effect on Friday.

"It's a very risky strategy, I think the Obama administration believes and hopes that this sequester will take effect but then quickly be resolved," said Tom Baldino, a professor of political science at Wilkes University.

"But if it drags on, it will come back to hurt Obama. It's... a high risk, high payoff or high cost of failure."

While Republicans would prefer targeted spending cuts and to safeguard the military's resources, they are so far holding firm.

Cutting spending has almost religious significance for many conservatives, and some lawmakers, fearing a Tea Party primary challenge, may bank the sequester cuts -- however extreme.

That could leave Obama in a tough spot, watching the sequester hit growth and nudging a high unemployment rate still higher, dampening hopes to add a strong economic recovery to his presidential legacy.

A prolonged paroxysm in Congress could also delay Obama's other priorities.

"This is going to be a major diversion from the president's other initiatives, like gun control and immigration reform," said Johnson.

"He is going to be losing political capital the longer it goes on."

- AFP/ck

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Hyderabad blasts could be a reaction to Kasab, Afzal execution: Shinde

KOLKATA: Union home minister Sushilkumar Shinde said the twin blasts in Hyderabad could be a "reaction" to the hanging of Parliament attack convict Afzal Guru and Mumbai attack convict Ajmal Kasab.

Shinde said the government was apprehending some sort of reaction from terror groups following execution of the lone surviving Pakistani gunman in the 2008 Mumbai attack and Afzal and it had been issuing alerts in this regard.

"We were expecting that after the two executions, some reaction had to come," Shinde said on Sunday, referring to the executions of Kasab and Afzal.

"We had been giving alerts throughout the country," he told reporters. Kasab was hanged in a Pune jail in November last year while Afzal was hanged in Tihar jail early this month.

Shinde said the culprits involved in the Hyderabad blast last Thursday which killed 16 persons and left over 100 injured would be booked soon.

"We have got some materials there (at the blast site) and tests are being done in the forensic laboratory. Soon we will get the results and the culprits will be booked," he added.

Asked whether the Centre would push for setting up of National Counter Terrorism Centre (NCTC) following the Hyderabad blast, he said, "I have told the Rajya Sabha that we will pursue the NCTC. Many states are still opposing. We have to do it."

On whether he will take up the NCTC issue with West Bengal chief minister Mamata Banerjee during their meeting on Monday, he said, "I have already taken up this with the CM. Mamataji is very cooperative on this issue and others like Unlawful Activities Prevention Act."

"Whenever the country faces difficulty, the CM is very cooperative," Shinde said.

The West Bengal Pradesh Congress Committee (WBPCC) gave a memorandum to Shinde alleging deterioration of law and order in the state and harassment of Congress workers by the ruling Trinamool Congress.

Asked to comment on this, the home minister said, "I explained to them there are issues of Centre-State relations. However, I will take this up with the CM."

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FDA approves new targeted breast cancer drug

WASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.

The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent dose of anti-tumor poison.

Cancer researchers say the drug is an important step forward because it delivers more medication while reducing the unpleasant side effects of chemotherapy.

"This antibody goes seeking out the tumor cells, gets internalized and then explodes them from within. So it's very kind and gentle on the patients — there's no hair loss, no nausea, no vomiting," said Dr. Melody Cobleigh of Rush University Medical Center. "It's a revolutionary way of treating cancer."

Cobleigh helped conduct the key studies of the drug at the Chicago facility.

The FDA approved the new treatment for about 20 percent of breast cancer patients with a form of the disease that is typically more aggressive and less responsive to hormone therapy. These patients have tumors that overproduce a protein known as HER-2. Breast cancer is the second most deadly form of cancer in U.S. women, and is expected to kill more than 39,000 Americans this year, according to the National Cancer Institute.

The approval will help Roche's Genentech unit build on the blockbuster success of Herceptin, which has long dominated the breast cancer marketplace. The drug had sales of roughly $6 billion last year.

Genentech said Friday that Kadcyla will cost $9,800 per month, compared to $4,500 per month for regular Herceptin. The company estimates a full course of Kadcyla, about nine months of medicine, will cost $94,000.

FDA scientists said they approved the drug based on company studies showing Kadcyla delayed the progression of breast cancer by several months. Researchers reported last year that patients treated with the drug lived 9.6 months before death or the spread of their disease, compared with a little more than six months for patients treated with two other standard drugs, Tykerb and Xeloda.

Overall, patients taking Kadcyla lived about 2.6 years, compared with 2 years for patients taking the other drugs.

FDA specifically approved the drug for patients with advanced breast cancer who have already been treated with Herceptin and taxane, a widely used chemotherapy drug. Doctors are not required to follow FDA prescribing guidelines, and cancer researchers say the drug could have great potential in patients with earlier forms of breast cancer

Kadcyla will carry a boxed warning, the most severe type, alerting doctors and patients that the drug can cause liver toxicity, heart problems and potentially death. The drug can also cause severe birth defects and should not be used by pregnant women.

Kadcyla was developed by South San Francisco-based Genentech using drug-binding technology licensed from Waltham, Mass.-based ImmunoGen. The company developed the chemical that keeps the drug cocktail together and is scheduled to receive a $10.5 million payment from Genentech on the FDA decision. The company will also receive additional royalties on the drug's sales.

Shares of ImmunoGen Inc. rose 2 cents to $14.32 in afternoon trading. The stock has ttraded in a 52-wek range of $10.85 to $18.10.

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Oscars 2013: Live Blog of the Academy Awards

Feb 24, 2013 1:13pm

11:55 p.m. ET: Drum roll please! And the Oscar for Best Picture goes to “Argo.”

11: 52 p.m. ET: Surprise! The Academy brings out first lady Michelle Obama to help Jack Nicholson introduce the nominees for Best Picture.

11:44 p.m. ET: Daniel Day-Lewis wins Best Actor, as expected for his portrayal of Abe Lincoln in “Lincoln.” Lewis cracks a joke in his acceptance speech, saying he was supposed to be cast as Margaret Thatcher and presenter Meryl Streep was the first choice for Lincoln. “Meryl Streep was Steven’s first choice to play Lincoln… I’d like to see that version,” Lewis says.

11:43 p.m. ET: Jennifer Lawrence wins Best Actress for “Silver Linings Playbook” and takes a tumble on the way up the stairs to claim her statuette. She brushes it off like the leading lady she is, but keeps the speech very short. Co-star Bradley Cooper’s face is glowing with excitement.

11: 37 p.m. ET: Best Actress category is up next. See how each of these leading ladies — and girl — stacked up on the red carpet. (And a very happy birthday to nominee Emmanuelle Riva, who turns 86 today).

Credit: Getty Images

11: 33 p.m. ET: Best Director goes to Ang Lee for “Life of Pi.” It’s his second Oscar win.

11:32 p.m. ET: Four more awards to go!

11:26 p.m. ET: Oscar for Best Original Screenplay goes to Quentin Tarantino for “Django Unchained.” “This will be the writer’s year, man,” a slightly rambling Tarantino says in his acceptance speech after evading the playoff music.  Tarantino also won Best Screenplay at the BAFTAs and the Golden Globes. “Django Unchained” is

11:24 p.m. ET: “Argo” wins Best Adapted Screenplay.

PHOTO SPECIAL: Our Best and Worst Dressed List

Image credit: Getty Images

11:16 p.m. ET: Frontrunner Adele wins Best Original Song for “Skyfall.” The singer gets emotional in her short acceptance speech and thanks her hubby: “My man, I love you baby.”

11:10 p.m. ET: Best Original Score goes to “Life of Pi.” (More praise for Ang Lee).

11:07 p.m. ET: The stars of “Chicago” take to the stage to mark the tenth anniversary of “Chicago” winning Best Picture. “We’re concerned tonight’s show isn’t gay enough yet,” MacFarlane quipped.

11:00 p.m. ET: Music legend Barbra Streisand is singing “The Way We Were” as a tribute to the late composer Marvin Hamlisch. She’s still got it! (Fun fact: Hamlisch composed the very first “GMA” theme song.)

10: 57 p.m. ET: George Clooney gets the honor of presenting the In Memoriam package. “We thank you for the memories,” the star says. More here from Oscars.com.

MORE: Clooney and Stars Sport Stubble on the Red Carpet

10: 49 p.m.: “Lincoln” wins Best Production Design.

READ MORE: Full Wrap of the Oscars

10: 47 p.m.: Dubbed “boy wizard” and “girl vampire” by MacFarlane, Daniel Radcliffe and Kirsten Stewart present the award for Achievement in Production Design. Stewart is sans the crutches she was sporting on the red carpet earlier. Read all about it here, including what Anne Hathaway reportedly said to Stewart before she went on stage.

Watch Live Oscars Coverage Here

10: 44 p.m. ET: Nicole Kidman introduces the third batch of Best Picture nominees — “Silver Linings Playbook,” “Django Unchained” and ”Amour.”

10:35 p.m. ET: The unstoppable Adele performs her hit “Skyfall.” Our eyes are glued to the TV as our everyone’s backstage, including winner Anne Hathaway, Entertainment Weekly’s Jess Cagle tweeted. There have been some serious performances tonight.

Image credit: Kevin Winter/Getty Images

10: 33 p.m. ET: “Argo” wins Film Editing.

10: 32 p.m. ET: “Editors make so many of us look way better than we ever had a right to,” Sandra Bullock says before presenting the award for Best Film Editing.

10:23 p.m. ET: No surprise! Anne Hathaway takes home Best Supporting Actress. “It came true,” she says, clutching the statue.

Image credit: Kevin Winter/Getty Images

10:20 p.m. ET: Best Supporting Actress time … finally!It’s between Amy Adams, “The Master”; Sally Field, “Lincoln”; Anne Hathaway, “Les Miserables”; Jacki Weaver, “Silver Linings Playbook”; Helen Hunt, “The Sessions.”

10:15 p.m. ET: “We have a tie,” Mark Wahlberg said before announcing the award for Best Sound Editing. The first one goes to “Zero Dark Thirty.” The second one goes to “Skyfall.” Is a tie allowed, you ask? It’s not the first in Oscars history.

Credit: Kevin Winter/Getty Images

The most famous was in 1986 when Barbra Streisand and Katharine Hepburn tied for Best Actress, but there were five in total: Best Actor category in 1949, Best Documentary Short Subject in 1968, Best Actress in 1986, Documentary Feature in 1994, and Live Action Short Film, ABC News’ Alexis Shaw reports. Read all about it here.

10:13 p.m. ET: Ted wouldn’t be Ted without a Jewish joke. The bear asks Mark Wahlberg if he’s Jewish because he has “a berg” at the end of his name.  ” Wrong answer. Try again. If you want to work in this town… ” he says. “I was born Theodore Shapiro…”

10:11 p.m. ET: Ted is in the house. The stars of MacFarlane’s box office hit, “Ted,” Mark Wahlberg and Ted, presented the award for Sound Mixing to “Les Miserables.”

Image credit: Getty Images

10:01 p.m. ET: The cast of “Les Miserables” is singing “One Day More.” Anne Hathaway stole the show, as expected.

9:59 p.m. ET: No words. Jennifer Hudson is breaking it down with “Dreamgirls’” “And I’m Telling You.”

Credit: Kevin Winter/Getty Images

9:53 p.m. ET: The movie musical tribute is off to a killer start with Catherine Zeta-Jones’ performance of “All That Jazz” from “Chicago.”

9:50 p.m. ET: Best Foreign Language Film is “Amour.”

9:44 p.m. ET: “Searching for Sugar Man” takes home Best Documentary Feature. Jaws music creeps in again … (An aside: there’s an official Twitter handle for Jaws music already with one tweet: “GET OFF THE STAGE!!!!!!!!”)

Full List of Winners

9:42 p.m. ET: MarFarlane gets some laughs at the expense of Ben Affleck and Jessica Chastain. On Affleck’s facial hair: “The first time I saw him with all that facial hair I thought finally the Kardashians have made the jump to film.” On Jessica Chastain’s character in “Zero Dark Thirty” — a movie about a “woman’s innate ability to never let anything go,” he jokes.

9:40 p.m. ET: Second batch of Best Picture nominees — “Argo,” “Lincoln,” “Zero Dark Thirty” – get their moment in the spotlight.

9: 36 p.m. ET: Best Documentary Short Subject goes to “Inocente.”

9: 33 p.m. ET: Shawn Christensen of “Curfew” wins for Live Action Short Film. Stars of “Django Unchained” Kerry Washington and Jamie Foxx present.

9:27 p.m. ET: Standing ovation for Shirley Bassey singing “Goldfinger.” Thoughts on her performance?

9: 22 p.m. ET: Bond… James Bond! A ravishing Halle Berry takes to the stage in Marchesa for the Academy’s tribute to 50 years of James Bond films.

9:20 p.m. ET: “Les Miserables” picks up Best Makeup and Hairstyling.

9:18 p.m. ET: Jennifer Aniston and Channing Tatum Best Costume Designgoes to Jacqueline Durran for “Anna Karenina.” Click here to see her Oscar-winning costumes.

9:11 p.m. ET: And they’re playing people off with Jaws music. Hilarious and brilliant. Nicole Kidman mouths from her seat: “Poor thing.”

9:10 p.m. ET: That’s two for “Life of Pi.” The film picks up another win for Visual Effects.

9:07 p.m. ET:The Best Oscar for Cinematography goes to… Claudio Miranda for “Life of Pi.” The cast of “The Avengers” hands out the award.

Full List of Winners

9:05 p.m. ET: MacFarlane jokes about nine-year-old Quvenzhane Wallis’ age. “It’ll be 16 years till she’s too old for George Clooney.”

9:03 p.m. ET: Reese Witherspoon just gave us a briefing on the three of the Best Picture nominees: “Les Miserables,” “Life of Pi,” and “Beasts of the Southern Wild.” That song from “Les Mis” — “Do You Hear the People Sing?” — is now in my head.

9:00 p.m. ET: Best Animated Feature Oscar goes to….”Brave.”

8: 58 p.m. ET: “Paperman” wins Best Animated Short.

8: 58 p.m. ET: Paul Rudd and Melissa McCarthy lost us in their intro to animated short film.

8: 51 pm. ET: And the Oscar for Best Supporting Actor goes to Christoph Waltz in “Django Unchained.”

Credit: Chris Pizzello/AP

8:49 p.m. ET: Every nominee for Best Supporting Actor already has an Oscar under his belt.

8: 42 p.m. ET: Another musical number with Daniel Radcliffe and Joseph-Gordon Levitt. And then we got a little Disney music too with “Be Our Guest,” which finally scored MacFarlane the “Best Oscars host ever” headline.

Credit: Robyn Beck/AFP/Getty Images

8: 39 p.m. ET: Channing Tatum and Charlize Theron are dancing to MacFarlane singing “The Way You Look Tonight.” A shame not to see the “Magic Mike” star shirtless though.

Credit: Mark Davis/Getty Images

Image credit: Robyn Beck/AFP/Getty Images

8:38 p.m. ET: Captain Kirk from “Star Trek” has descended on the stage to warn MacFarlane that he’s about to ruin the Oscars and be branded the worst Oscar host ever. “The show is a disaster. I’ve come back in time … to stop you from ruining the Academy Awards,” William Shatner says. “You sing an incredibly offensive song that upsets a lot of women in the audience.” Cut to MacFarlane singing “We Saw Your Boobs,” a hilarious number referencing when we’ve seen actresses nude in movies.

Image credit: Robyn Beck/AFP/Getty Images

8:35 p.m. ET: MacFarlane pokes fun at Daniel Day Lewis’ method. “Your process fascinates me. You were totally 100% in character in Lincoln… So if you saw a cell phone, would you have to be like, ‘Oh god, what’s that?’ If you bumped into Don Cheadle on the studio lot, you’d try and free him on the studio lot.”

8: 32 p.m. ET:  Too much? MacFarlane compared “Django Unchained” to Rihanna and Chris Brown’s relationship.

8:30 p.m. ET: Seth MacFarlane is on stage and quips: “The quest to make Tommy Lee Jones laugh begins now.”

8:27 p.m. ET: The stars are seated and the show is about to start. A lot of anticipation about Seth MacFarlane’s opening monologue. Channing Tatum is tweeting that he’s getting ready to take to the stage: “Hope you like what we’ve been working on. Getting ready to hit the #Oscars stage! Wish me luck!” Will there be a musical number right off the bat?

8:20 p.m. ET: Strapless is definitely a trend of the night. We’ve also seen a lot of beauties in blue.

Image credit: Getty Images

8: 15 p.m. ET: We’ve confirmed that Best Supporting Actress nominee Helen Hunt is rocking … H&M! “The Session” actress is in a  custom made midnight-blue full length gown is silk satin gown (also strapless). 

8:14 p.m. ET: Anne Hathaway is talking about her dress. “My mom says it’s business in the front, party in the back.”

8:08 p.m. ET: Do Jacki Weaver and Olivia Munn share a stylist? ABC News’ Alexis Shaw spotted the Best Supporting Actress nominee and Munn in eerily similar crimson gowns with matching gold embellishment on the top. Click here for more.

Credit: Jason Merritt/Getty Images

8:05 p.m. ET: Kristen Stewart is sporting crutches on the red carpet. Might be because she took home the Worst Actress Razzie award last night for “Twilight Saga: Breaking Dawn — Part 2.”

Credit: Christopher Polk/Getty Images

8:00 p.m. ET: The show is now officially a half hour away. In honor of Oscar night, the President tweeted this picture from a White House movie night.

Image credit: Twitter/BarackObama

7: 52 p.m. ET: “Les Mis” star and Best Actor nominee Hugh Jackman just picked up pre-show host Kristin Chenoweth on the red carpet and said she weighs less than an Oscar. Not really though…Each nearly 14-inch-high statue weighs 8.5 pounds and costs $500 to make. Get more Oscar trivia here.

7:40 p.m. ET: If there’s one star you can count on to look fabulous, it’s Jennifer Aniston.  She’s in a Valentino red strapless gown and has fiance Justin Theroux at her side. They’re in the running for Hollywood’s hottest couple on the red carpet.

7:38 p.m. ET: Bradley Cooper brought his mom as his date. She’s rocking a shrug with serious feathers and what look like sneakers with her gown. Cooper is up for Best Actor in “Silver Linings Playbook.”

7:34 p.m. ET: Reese Witherspoon is in head to toe Louis Vuitton. The presenter’s black and royal blue gown with side-swept hairdo scream old Hollywood glamor. Click here.

Credit: Kevin Mazur/WireImage/Getty Images

7: 28 p.m. ET: Fashion miss: Jane Fonda is slightly blinding in bright yellow.

7: 24 p.m. ET: Best actress nominee Naomi Watts is in a gunmetal Giorgio Armani gown in grey sequins. Does she make your best dressed list? See more arrivals here.

7:20 p.m. ET: Anne Hathaway’s dress may raise eyebrows tonight. The “Les Miserables” star is in a backless, halter dress that appears slightly sheer on the red carpet.

Credit: Jason Merritt/Getty Images

7:18 p.m. ET: We can’t get enough of Quvenzhane Wallis. The “Beasts of the Southern Wild” star has her mom’s permission to stay out a little bit later tonight, she told Lara Spencer on the red carpet.

Credit: Kevin Mazur/Getty Images

7:15 p.m. ET: “I feel super tucked in,” Amanda Seyfried said of the corset in her Alexander McQueen gown. “I can’t sit down.” The “Les Miserables” star is performing tonight. Hope she can breathe on stage.

7:07 p.m. ET: Another star goes strapless. Jennifer Lawrence, who’s up for Best Actress in “Silver Linings Playbook,” is in a blush Dior Haute Couture gown with a full skirt.

Credit: Steve Granitz/Getty Images

7:01 p.m. ET: ABC’s pre-show is kicking off! “Red carpet is 500 feet long. That’s about 2,000 of me,” Chenoweth joked. Tune into ABC now and get a behind-the-scenes look via Backstage Pass on the Oscar App.

6:56 p.m. ET: The red carpet is packed, but not everyone is making it through the notorious L.A. traffic. Mark Ruffalo is running late. The actor, who’s presenting tonight, tweeted to the Academy: “Dear @TheAcademy. We are running a good deal behind would you mind starting a little later this year? Mark and Sunrise Ruffalo.”

Credit: ABC News

6:49 p.m. ET: Presenter Kerry Washington is in Miu Miu. The “Django Unchained” and star “Scandal” star always keeps us guessing and never fails to impress.

The Best Apps for Hollywood’s Big Night

6:44 p.m. ET: Who are you most excited to see on the red carpet? What will be the meme of the night? Angelia Jolie’s right leg stole the show last year and Twitter is reminding us. “1 year ago today you met the glorious thing that is ME #neverforget,” @Angelina Jolie’sLeg posted.  

6:35 p.m. ET: The reigning “Sexiest Man Alive” Channing Tatum and a pregnant Jenna Dewan are both glowing on the red carpet. See them canoodling here.

6:25 p.m. ET: Amy Adams looks ethereal in a seafoam green Oscar de la Renta strapless dress. She’s up for Best Supporting Actress for “The Master.”

Credit: Frederic J. Brown/AFP/Getty Images

PHOTOS: Oscar Red Carpet Arrivals

6:22 p.m. ET: Cutest moment of the red carpet so far, as captured by the Academy. Nine-year-old Quvenzhane Wallis, nominated for “Beasts of the Southern Wild” shows off her puppy-shaped purse to fellow Best Actress nominee Jessica Chastain. It’s reportedly named Sammy after her dog at home.

Credit: @TheAcademy/Twitter

6:10 p.m. ET: The winners have arrived, WABC’s Sandy Kenyon reports! In these briefcases are the top secret ballots from the Academy. Read more here.

Credit: Twitter/SandyKenyon7

5:56 p.m. ET: “GMA” anchors Robin Roberts and Lara Spencer smile backstage before the red carpet heats up.

Credit: ABC

5:42 p.m. ET: ABC pre-show hosts Kristin Chenoweth and Kelly Rowland have arrived on the red carpet and are looking fabulous in black and white.

Credit: Jason Merritt/Getty Images

5:30 p.m. ET: See what the stars see as they walk down the grand staircase to the red carpet at the Dolby Theatre. This cool 360 view is courtesy of the Academy.

5:15 p.m. ET: Get your Oscar party on. Impress your friends with these movie-themed recipes and cocktails. We could go for some Spinach “Argo-choke Dip” right about now…

Oscar 2013: Movie-Themed Recipes
9 Cocktails for Your Oscar Party

5:00 p.m. ET: “GMA” anchor Robin Roberts is back and looking better than ever! Roberts, who returned to the morning show Wednesday after undergoing a bone marrow transplant to treat MDS, will be on the red carpet tonight. “To my wonderful, beloved #TeamRobin … This one’s for you. XO,” she tweeted. She’s in a cobalt blue velvet halter gown from designer Marc Bouwer.

Credit: Twitter/RobinRoberts

4:44 p.m. ET: We’re less than an hour away from red carpet arrivals. “Good Morning America” anchor Lara Spencer is getting red-carpet ready to host the Oscar pre-show.  “Hair + Make-up = Butterflies!” @LaraSpencer tweeted. Spencer, actress Kristin Chenoweth, Entertainment Weekly’s Jess Cagle and singer Kelly Rowland will have interviews with all of the stars, starting at 7 p.m. ET/4 p.m. PT on ABC.

Credit: Twitter/LaraSpencer

1:15 p.m. ET: Hollywood’s biggest night of the year is officially here: the Oscars. Funnyman Seth MacFarlane is hosting the 85^th Annual Academy Awards and we’ll be covering all of the big winners, best moments, surprises, and all-important red carpet arrivals. Refresh for the latest updates all night long.

We are just hours away from seeing the gorgeous gowns and finding out who’s going home with those coveted statuettes. It’s not too late to make your picks and predictions on our interactive Oscar ballot. To get up to speed before the festivities begin, check out our complete Oscars coverage.

Credit: Bob D'Amico/ABC

Full List of the Nominees

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Cuban leader Raul Castro announces he will retire in 2018

HAVANA (Reuters) - Cuban President Raul Castro announced on Sunday he will step down from power after his second term ends in 2018, and the new parliament named a 52-year-old rising star to become his first vice president and most visible successor.

"This will be my last term," Castro, 81, said shortly after the National Assembly elected him to a second five-year tenure.

In a surprise move, the new parliament also named Miguel Diaz-Canel as first vice president, meaning he would take over if Castro cannot serve his full term.

Diaz-Canel is a member of the political bureau who rose through the Communist Party ranks in the provinces to become the most visible possible successor to Castro.

Raul Castro starts his second term immediately, leaving him free to retire in 2018, aged 86.

Former President Fidel Castro joined the National Assembly meeting on Sunday, in a rare public appearance. Since falling ill in 2006 and ceding the presidency to his brother, the elder Castro, 86, has given up official positions except as a deputy in the National Assembly.

The new government will almost certainly be the last headed up by the Castro brothers and their generation of leaders who have ruled Cuba since they swept down from the mountains in the 1959 revolution.

Cubans and foreign governments were keenly watching whether any new, younger faces appeared among the Council of State members, in particular its first vice president and five vice presidents.

Their hopes were partially fulfilled with Diaz-Canel's ascension. He replaces former first vice president, Jose Machado Ventura, 82, who will continue as one of five vice presidents.

Commander of the Revolution Ramiro Valdes, 80, and Gladys Bejerano, 66, the comptroller general, were also re-elected as vice presidents.

Two other newcomers, Mercedes Lopez Acea, 48, first secretary of the Havana communist party, and Salvador Valdes Mesa, 64, head of the official labor federation, also earned vice presidential slots.

Esteban Lazo, a 68-year-old former vice president and member of the political bureau of the Communist Party, left his post upon being named president of the National Assembly on Sunday. He replaced Ricardo Alarcon, who served in the job for 20 years.

Six of the Council's top seven members sit on the party's political bureau which is also lead by Castro.

Castro's announcement came as little surprise to Cuban exiles in Miami.

"It's no big news. It would have been big news if he resigned today and called for democratic elections," said Alfredo Duran, a Cuban-American lawyer and moderate exile leader in Miami who supports lifting the U.S. trade embargo against Cuba. "I wasn't worried about him being around after 2018," he added.

The National Assembly meets for just a few weeks each year and delegates its legislative powers between sessions to the 31-member Council of State, which also functions as the executive through the Council of Ministers it appoints.

Eighty percent of the 612 deputies, who were elected in an uncontested vote February 3, were born after the revolution.

EFFORT TO PROMOTE YOUNGER GENERATION

Raul Castro, who officially replaced his ailing brother as president in 2008, has repeatedly said senior leaders should hold office for no more than two five-year terms.

"Although we kept on trying to promote young people to senior positions, life proved that we did not always make the best choice," Castro said at a Communist Party Congress in 2011.

"Today, we are faced with the consequences of not having a reserve of well-trained replacements ... It's really embarrassing that we have not solved this problem in more than half a century."

Speaking on Sunday, Castro hailed the composition of the new Council of State as an example of what he had said needed to be accomplished.

"Of the 31 members, 41.9 percent are women and 38.6 percent are black or of mixed race. The average age is 57 years and 61.3 percent were born after the triumph of the revolution," he said.

The 2011 party summit adopted a more than 300-point plan aimed at updating Cuba's Soviet-style economic system, designed to transform it from one based on collective production and consumption to one where individual effort and reward play a far more important role.

Across-the-board subsidies are being replaced by a comprehensive tax code and targeted welfare.

Raul Castro has encouraged small businesses and cooperatives in retail services, farming, minor manufacturing and retail, and given more autonomy to state companies which still dominate the economy.

The party plan also includes an opening to more foreign investment.

At the same time, Cuba continues to face a U.S. administration bent on restoring democracy and capitalism to the island and questions about the future largess of oil rich Venezuela with strategic ally Hugo Chavez battling cancer.

(Editing by Kieran Murray and Vicki Allen)

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MPs, businesses hope Budget will address cost of living, labour crunch

SINGAPORE: Ahead of the delivery of Singapore's Budget on Monday, cost of living and labour crunch are among some issues MPs and businesses hope will be addressed.

Several MPs Channel NewsAsia spoke to said that a key concern especially amongst the sandwiched class is the cost of living in the country.

As for the elderly residents, they are concerned about healthcare costs, said the MPs.

On their part, businesses are worried about the manpower crunch and over the past month, there have been several calls to ease the tightening of the foreign worker inflow.

The government has been calling on companies to make concerted efforts to improve their productivity levels.

Zainudin Nordin, chairman of Government Parliamentary Committee (GPC) for Manpower, said: "When we look and talk about productivity, it sounds good. But how do we implement the productivity uplifting of our SMEs and companies? There needs to be a strong collaboration.

"When there is an intent on the part of the government to provide the resources in terms of consultancy and funds, there must also be a commitment and passion amongst the employers to see and understand that whenever they need to do more things, the first thing that must come to their mind is, 'how can I do more without employing more people?'. That is the direct question they have to ask themselves. Productivity is about doing more with lesser resources, that's the question.

"So, that should be the first question that comes to our mind, and when we need assistance from the government we should be able to come in and help in a much more concerted way.

"At the same time we also know the employees must also continue to ensure (they stay) relevant. So machinery, resources and employees must all be in tandem to do this. The partnership must be stronger."

Dr Lim Wee Kiak, chairman of GPC for Defence and Foreign Affairs, said: "We have received feedback as to the cost of childcare, cost of education and tuition, and these add a lot of stress to young parents. On top of that, they have to take care of their elderly parents. I think the key for that is the cost of healthcare.

"So within this Budget itself, I hope there will be some consideration for, especially the young and the old, and that will help the sandwiched class a lot."

Mr Baey Yam Keng, chairman of GPC for Culture, Community and Youth, said: "There has been some anticipation, because there has been a (budget) surplus. People know there is a surplus and people would look forward to investment in infrastructure. The gaps that we are seeing now in transport, housing, healthcare...people want to see their immediate frustrations being addressed...as well as the cost of living, these would be the key issues from residents.

"There is some apprehension over whether rentals will go up, if transport fares will go up.

"At the same time there are also residents operating their own businesses, the SMEs, who also have concerns about the manpower crunch, the cost of dong business and how they can continue to survive in this climate."

The Budget Statement will be delivered in Parliament by Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam.

Channel NewsAsia will carry a special Budget programme from 3pm on Monday, together with Mr Tharman's speech live.

Budget 2013 will be tabled in Parliament against the backdrop of a 1.3 percent GDP growth for the entire 2012.

For 2013, the Ministry of Trade and Industry (MTI) has forecast an economic growth of one to three percent.

MTI also revealed on Friday that labour productivity had fallen by 2.6 percent in 2012, a reversal from the growth of 1.3 per cent from the previous year.

The ministry said productivity also dropped by 2.5 per cent in the fourth quarter, the fifth consecutive quarter of decline.

It said the fall was broad-based, with manufacturing, construction and services all experiencing negative growth.

- CNA/ir

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300% rise in suspicious terror financing cases: Report

NEW DELHI: Over 1,400 instances of terror financing in country's economic channels were red-flagged by intelligence and security agencies last year, a latest report of the finance ministry says, marking a 300% jump in such suspicious transactions.

The Financial Intelligence Unit (FIU), which functions under the ministry, has reported that it had received 1,444 reports during 2011-12 from agencies like the intelligence bureau, the Research and Analysis Wing and those in the economic domain and affiliated to the Income Tax and Customs departments.

The figure of such reports from these agencies stood at 428 during 2010-11, the agency says.

"The FIU also supports the efforts of domestic intelligence and law enforcement agencies against terror financing by providing information specifically requested by them, either by searching its database or by calling specific information from the reporting entities," the report says.

The FIU is the national agency responsible for receiving, analyzing and disseminating suspicious transaction reports (STRs) to security and anti-money laundering and tax evasion departments of the country.

The agency also reported a more than 100 per cent rise in the number of STRs received during 2011-12 as it collected a total of 69,224 such reports during this period as compared to 20,698 STRs during 2010-11.

The instances of reportage of fake currency in Indian banking channels are also on the rise, the FIU says.

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FDA approves new targeted breast cancer drug

WASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.

The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent dose of anti-tumor poison.

Cancer researchers say the drug is an important step forward because it delivers more medication while reducing the unpleasant side effects of chemotherapy.

"This antibody goes seeking out the tumor cells, gets internalized and then explodes them from within. So it's very kind and gentle on the patients — there's no hair loss, no nausea, no vomiting," said Dr. Melody Cobleigh of Rush University Medical Center. "It's a revolutionary way of treating cancer."

Cobleigh helped conduct the key studies of the drug at the Chicago facility.

The FDA approved the new treatment for about 20 percent of breast cancer patients with a form of the disease that is typically more aggressive and less responsive to hormone therapy. These patients have tumors that overproduce a protein known as HER-2. Breast cancer is the second most deadly form of cancer in U.S. women, and is expected to kill more than 39,000 Americans this year, according to the National Cancer Institute.

The approval will help Roche's Genentech unit build on the blockbuster success of Herceptin, which has long dominated the breast cancer marketplace. The drug had sales of roughly $6 billion last year.

Genentech said Friday that Kadcyla will cost $9,800 per month, compared to $4,500 per month for regular Herceptin. The company estimates a full course of Kadcyla, about nine months of medicine, will cost $94,000.

FDA scientists said they approved the drug based on company studies showing Kadcyla delayed the progression of breast cancer by several months. Researchers reported last year that patients treated with the drug lived 9.6 months before death or the spread of their disease, compared with a little more than six months for patients treated with two other standard drugs, Tykerb and Xeloda.

Overall, patients taking Kadcyla lived about 2.6 years, compared with 2 years for patients taking the other drugs.

FDA specifically approved the drug for patients with advanced breast cancer who have already been treated with Herceptin and taxane, a widely used chemotherapy drug. Doctors are not required to follow FDA prescribing guidelines, and cancer researchers say the drug could have great potential in patients with earlier forms of breast cancer

Kadcyla will carry a boxed warning, the most severe type, alerting doctors and patients that the drug can cause liver toxicity, heart problems and potentially death. The drug can also cause severe birth defects and should not be used by pregnant women.

Kadcyla was developed by South San Francisco-based Genentech using drug-binding technology licensed from Waltham, Mass.-based ImmunoGen. The company developed the chemical that keeps the drug cocktail together and is scheduled to receive a $10.5 million payment from Genentech on the FDA decision. The company will also receive additional royalties on the drug's sales.

Shares of ImmunoGen Inc. rose 2 cents to $14.32 in afternoon trading. The stock has ttraded in a 52-wek range of $10.85 to $18.10.

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Las Vegas Strip Shooting Suspect ID'd

Las Vegas police identified a suspect today in a shooting on the strip that caused a Maserati to hit a taxi and burst into flames, killing three people.

Ammar Harris, 26, has been named a suspect in the Thursday skirmish that killed three people, including rapper Kenny Clutch.

The altercation between Harris and Clutch, 27, whose legal name was Kenneth Cherry Jr., is believed to have originated in the valet area of a Las Vegas hotel, police said.

Police said Harris fired several rounds into a Maserati that was being driven by Cherry as both vehicles continued northbound on glitzy Las Vegas Boulevard.

The rapper's expensive sports car careened out of control after he was shot, slamming into several cars, including a taxi. The impact caused the cab to burst into flames, killing the driver, Michael Boldon and a female passenger. Witnesses said it looked like the car exploded.

"He was a number one guy," Carolyn Jean Trimble, Boldon's sister, told ABC News.

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"I looked out my window and I could see one vehicle down here on the corner of the intersection totally engulfed in flames," witness John Lamb told ABC News.

Boldon, 62, and his passenger, who has not yet been identified, were both killed, as was Clutch.

Timble said her brother loved driving his taxi around Vegas.

"He came to live with me in Las Vegas last year to help take care of our mother, and the first day he got here he said, 'I have to get a job.' The second day, I came home from work, and he said he got a job," she recalled.

"He says, 'You'll never guess what it is,' and I said, 'what,' and he said, 'taxi cab driver,' and we both fell out laughing," Trimble said. "He loved that job. He never complained. He'd come home and tell me stories about what happened, who he picked up."

Boldon was a single father who raised a 36-year-old son and was a new grandfather. His grandson was named after him, Trimble said.

"Of all the people to take from this earth," she said. "But I guess the Lord needed him."

A passenger in the Maserati was hit and sustained only a minor injury to his arm. Clutch died at University Medical Center.

His father, Kenneth Cherry Sr., expressed his grief for the loss of his son while speaking with ABC News.

"This is something you never really, really ever want to experience as a parent, to lose a child before you go," he said.

Harris is described as 5-foot-11 and 180 pounds. Anyone with information is asked to contact the Las Vegas Metro Police Department's homicide division.

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