Word: primed
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...those stretching to afford a house, were largely peddled at the height of the boom and therefore often correspond to home prices that had nowhere to go but down. However, according to Deutsche Bank's projections, a second wave of upside borrowers is about to hit, and this time prime borrowers will account for the bulk. As of the end of March, the bank estimated that 16% of prime borrowers with conforming loans were underwater. By the end of March 2011, some 41% are projected to be. And about half of those are expected to owe at least 25% more...
Nissan's new zero-emissions electric vehicle is a quiet car with a noisy message. During an Aug. 2 unveiling at the company's new headquarters in Yokohama, Nissan CEO Carlos Ghosn drove the Leaf, a four-door hatchback, onto the main stage with Japan's former Prime Minister Junichiro Koizumi in the passenger seat and the mayor of Yokohama and the governor of Kanagawa prefecture sitting in the back. The point was loud and clear: Nissan, which is investing heavily not just in electric-car development but also in infrastructure like charging stations, has politicians on board...
...Hamas eject Fatah forces and take control of Gaza by force in 2007 - with many blaming Dahlan for having at least partly provoked the takeover. Demanding an inquiry and targeting one of his key allies is seen as another means of weakening Abbas' authority. A second target will be Prime Minister Salam Fayyad, a political independent appointed by Abbas at Washington's behest, although against strong opposition from both Hamas and Fatah. (See pictures of Israel's assault on Gaza...
...death of Abbas' predecessor, Yasser Arafat, U.S. peace efforts have relied on the moderate and relatively pliable leader to negotiate a two-state agreement with Israel. But the prevailing view within Fatah is that Abbas has achieved precious little for his negotiation efforts and that this has been a prime factor in weakening Fatah in the face of the challenge by its more militant rival, Hamas. The Islamists trounced Fatah in the last democratic elections for the Palestinian parliament in 2006, and many fear that a candidate backed by Hamas would likely beat Abbas in presidential elections currently scheduled...
...from within Fatah suggest that the conference political document will reaffirm the Palestinians' right to resistance, specifying nonviolent challenges to the occupation but remaining silent on the question of armed resistance and the future of the Fatah-affiliated militants of al-Aqsa Martyr's Brigade. It will flatly reject Prime Minister Benjamin Netanyahu's demand that the Palestinians recognize Israel as a Jewish state, on the grounds that this undermines the rights of Palestinian refugees and of those with Israeli citizenship. It will also insist on a complete freeze on Jewish settlements in occupied territory as a precondition...