Word: demande
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...banks in the U.S. has fallen by more than $500 billion. Bank loans have been trending down for a while. Worse, most analysts don't see bank lending turning around anytime soon. Paul Miller of FBR Capital says a combination of banks' wanting to take fewer risks and lower demand for credit from consumers and businesses will cause banks to continue to make fewer loans this year than they did last year...
There have already been mixed signs of stabilization in price and demand. Home prices rose month over month for six consecutive months through October, according to Standard & Poor's Case-Shiller Home Price Composite 10 Index, although prices are still down year over year. However, the most recent figures from NAR indicate that pending sales of existing homes fell 16% in November. Such mixed signals, analysts say, will be the housing market's message for some months to come...
...graduate. An essay he wrote for the December issue of Democracy is making waves in the higher-ed world because it describes how a lot of colleges are keeping student-assessment data confidential. He spoke with TIME education correspondent Gilbert Cruz about why parents - and public officials - should demand more accountability from colleges. (See TIME's special report on paying for college...
Israeli Prime Minister Benjamin Netanyahu told a meeting of his Likud parliamentary faction on Monday that he sensed a "change in the atmosphere" that would bring his Palestinian counterpart, Mahmoud Abbas, to the table despite Israel's having refused to meet Abbas' - and President Obama's - demand for a freeze on Israeli construction on land that was conquered in 1967. Abbas hastened to correct that impression in statements on Tuesday, making clear that he won't talk to an Israeli government that continues to build in East Jerusalem or publicly commit to the 1967 borders as a basis for negotiations...
...contrary, Israeli society is comfortable with the status quo and skeptical of offering the Palestinians new concessions, much less of risking the civil strife that would be spurred by any attempt to remove settlers from the West Bank. Israeli public opinion prevented Netanyahu from accepting the settlement-freeze demand, and the primary factor that brings him to the negotiating table may simply be the need to stay on side with Washington. (See 25 people who mattered...