Word: hold
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Dates: during 2000-2009
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...starker reality is that the sorts of loans Freddie and Fannie tend to hold - the better ones - are only now starting to really run into trouble. In February, 2.13% of single-family mortgages at Freddie were delinquent. That was up from 1.98% the month before, and up from 0.74% a year ago. As the economy stagnates and unemployment rises, Freddie and Fannie loans are at risk in a way they weren't when the primary issues were things like interest-rate resets and loans having been made to people who couldn't afford them in the first place. The research...
That sentiment seems to be taking hold in many parts of Latin America, where thousands of children are growing up behind bars alongside their incarcerated mothers and fathers. That might sound like Dickensian tragedy; but in Bolivia it's a legal - and fiercely defended - practice. "We've seen that this is best for mother, or father, and child," says Jorge Lopez, Director of Bolivia's Penitentiary System. "It's important not to rip those bonds between parent and child." What's more, sadly, it may be the best alternative for the children themselves. In Bolivia, South America's poorest country...
...region that shares many of Bolivia's social shortcomings. According to Lopez, Ecuador, Peru and Guatemala have systems similar to Bolivia's, which allows kids to live inside until the age of six (though even Lopez admits that kids sometimes stay years longer). Some women's prisons in Mexico hold toddlers; and in Argentina, there is a special facility for pregnant inmates and those with kids under the age of four...
...Singapore, which rely heavily on trade for economic growth. Fears were also raised in regional capitals that outside powers - whose own trade was being affected in the seizures - would intervene in the strait if the local governments didn't solve the problem themselves. A new spirit of cooperation took hold along the strait. "All of us shared the same goal and objective," says Zahari Jamian, a captain in the Royal Malaysian Navy, "to paint the picture to the world that the strait is not really a war-risk zone...
...that we'll probably ever know. Successful new inventions are unlikely to appear in shops anytime soon, lest friends and foes alike get hold of the technological wizardry. "Whether or not we'll ever get to see any of this [technology], that's a different matter," says Julia Wing, director of Spymaster, a London-based supplier of clever surveillance and communications tech to British government departments. (See pictures of Ian Fleming...