Word: howelis
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Of greater concern to many analysts is the pending expiration of the Federal Reserve program, which involved purchasing up to $1.25 trillion in mortgage securities backed by Fannie Mae and Freddie Mac. It could open the door to higher interest rates, although the Fed last week hinted that it would...
Stephen Kim, a senior real estate analyst at Alpine Woods Capital Investors LLC, which holds shares in homebuilding companies, says he thinks there will be "only modest" declines in the months following the programs' expiration unless the overall economy, or employment, also tanks. (See how Americans are spending now.)
Israeli Prime Minister Benjamin Netanyahu's Washington visit this week has failed to resolve his differences with the Obama Administration over the Israeli-Palestinian peace process. Having twice delayed his departure as his team negotiated with U.S. officials over a set of confidence-building measures that Israel would offer the...
How likely is that to happen? Not very, according to media reports in France. French newspapers and television news channels said Sarkozy's address meant the carbon tax was "dead and buried" - most of all because of the high improbability of all 27 E.U. members voting in an identical measure...
The news has been relentlessly bad for the Pope. Two weeks ago, Germany was scandalized by revelations that a pedophile priest was allowed to work again with children after being transferred in 1980 to the Archdiocese of Munich, which was then headed by the future Pontiff. Over the weekend, an...