Word: bill
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...Even if house prices and sales are on the mend, that doesn't equate to a clean bill of health for housing overall, since woes in the mortgage sector continue to surface. Another number out this week was the delinquency rate among loans backed by the federal housing agency Freddie Mac. The number of people 90 or more days behind on their mortgages continues to rise - in July, 2.95% of Freddie Mac loans were late, up from 2.78% the month before, and 1.01% a year ago. Furthermore, a new study from the credit-rating agency Fitch found that among people...
...protest Mr. James as a stereotype of a minority population in Japan because the Ohio native fails to speak or write Japanese fluently, dresses like a nerd and blogs about burgers only ends up underscoring the fact that there really aren't a lot of foreigners who fit the bill running around Japan. For most foreigners in Japan who know no one like that - and who only see a burger mascot - it begs the question: Where's the beef...
...Bill Clinton's mission to rescue the two journalists held captive by Pyongyang marked the start of the latest North Korean charm offensive, with Kim trying to play the affable host to the serious ex-President of the U.S. It continued when Pyongyang released a South Korean businessman it was also holding as a hostage, and it intensified last weekend, when North Korea sent a delegation of officials - including its chief spymaster, head of intelligence Kim Yang Gon - to the funeral for the late South Korean President Kim Dae Jung. The delegation stayed an extra day, requesting and getting...
...called six-party talks held during the Bush Administration - as well as a long-range missile development program that continues despite a U.N. resolution calling for its end. The North, moreover, has already attached an important condition to its re-engagement: last week, its diplomats told New Mexico Governor Bill Richardson, the former U.S. ambassador to the U.N. under Bill Clinton, that Pyongyang would return to the negotiating table only if it could deal directly with the U.S. and not the other countries involved in the six-party talks...
Obama debriefed Bill Clinton face to face last week; details of the message that the former President carried from Kim Jong Il are not yet known. But make no mistake, the whiff of horse flesh is again in the air. For now, according to diplomats and officials in Seoul, both the Obama Administration and its allies in South Korea are in agreement: under no circumstances will they back off their demand for complete denuclearization in the North. But a senior official in Seoul tells TIME that South Korea will allow the disbursement of economic aid to the North "in parallel...