AP美联社一分钟新闻 2008-10-13（在线收听）

1. Treasury Secretary Henry Paulson is warning against isolationism and protectionism in the midst of the world financial crisis. He spoke at a meeting of the World Bank's policy-setting committee in Washington on how to deal with the meltdown.

2. European leaders are talking about temporarily guaranteeing future debts among private banks as a way to unlock the frozen credit markets. Under the plan, governments will guarantee new interbank loans for five years.

3. Firefighters backed by water-dumping helicopters and planes are gaining ground on a wildfire in Angeles National Forest that has forced the evacuation of about 1,200 people north of downtown Los Angeles. At least two homes have been destroyed.

4. There is a new number one in college football. Texas takes the top spot, after upsetting previous number one Oklahoma Saturday. Alabama remains number two while Penn State moves up to third.

WORDS IN THE NEWS

1. in the midst of:

if you are in the midst of an event or situation, it is happening around you.

2. meltdown: n.

a situation in which prices fall by a very large amount or an industry or economic situation becomes much weaker.