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...adjustable-rate mortgages and requiring 30-year fixed loans in order to be eligible for relief. He also hopes to establish rent-to-own programs, providing landlords with incentives to give house and apartment renters the option to buy their units once they've saved enough and built a strong enough employment and credit history. "We need people to rent longer before they buy houses, but we also need renters to feel like they have a stake in those properties," Rosemond says. "This would motivate them and create the kind of homeownership you want for a community, not the houses...
...start another five-year term after landing an estimated 90 of the 123 National Assembly seats up for grabs in this week's election, a sturdy jump on the 73 his party won in the last election in 2003. Buoyed by several years of strong economic growth and - most importantly for this post-war nation, stability - Hun Sen's mix of rural development, political jockeying, and his iron grip on all facets of the country's administration helped him soundly defeat his rivals. Regional geopolitics also helped. In the last week of the election campaign, the possibility of war with...
...culture still rules in huge swaths of Yemen, where tribal traditions are strong and the judiciary is weak. Many "don't believe in the law, so they take revenge using their own arms," says Marwani. Blood feuds over anything from a pilfered cow to a perceived slight account for an estimated 1,200 revenge killings a year. Entire families become targets for retaliation, leaving parents scared to send children to school and farmers afraid to till their crops. Revenge killing is "a main obstacle for investment, for development and for democracy," says Noor Mohamed Baabad, Yemen's Deputy Minister...
...also met with German Foreign Minister Frank-Walter Steinmeier and Berlin mayor Kalsu Wowereit, a strong Obama supporter who presented him with a statue of a bear, the city's symbol. On Friday, Obama continues his foreign trip with a stop in Paris, before embarking on a final leg to Britain...
...speech was the public capstone of a weeklong foreign trip that has amounted to an audition on the world stage for Obama. As such, it also sent a message to critics who say the 46-year-old freshman Senator from Illinois is not strong enough or experienced enough to take the helm of the world's last remaining superpower at a time when it faces a new kind of enemy...