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...result, Curran believes the HAMP program is probably the most effective way to stop foreclosures, at least in the short term...
...After the decision by General Motors to withdraw from the NUMMI joint venture, Toyota conducted a thorough review of its alternatives in light of current and anticipated market conditions," says TMC executive vice president Atsushi Niimi. "Based on this review, we have determined that over the mid-to-long term, it just would not be economically viable to continue the production contract with NUMMI." (See the most exciting cars...
...Vatican, of U.S. nationality, expressed the view of many conservatives about the Kennedy clan's rapport with the Catholic Church: "Why would he even write a letter to the Pope? The Kennedys have always been defiantly in opposition to the Roman Catholic magisterium." (Magisterium is the formal term for the authority of Church teaching.) (See a Kennedy family photo album...
...Taiwan and the semiautonomous regions of Tibet and Xinjiang, where deadly riots over ethnic tensions between the Han Chinese and Uighur minority unfolded in July. With the moderate Ma as President, Beijing's fears over Taiwan have been alleviated, as Ma promised not to declare independence during his term. "[Beijing] needs Ma more than Ma needs Beijing now," says Chiang...
...Former Prime Minister Junichiro] Koizumi delayed the inevitable collapse of the LDP for five years," says Curtis, who says that after Koizumi left office the failure of his reforms became more apparent. Following the end of Koizumi's term in 2006, Japan has had three prime ministers in as many years. "The public was waiting for chance to show their dissatisfaction, which is why they had no election, because [Shinzo] Abe, [Yasuo] Fukuda and Aso knew that they would lose. So, they put it off until the very last moment," says Curtis. "And lo and behold, they're going...