Home foreclosures in the US have reached near-epidemic scope and scale. In Detroit, there was one foreclosure filing for every 97 households in July alone, according to RealtyTrac.com, the largest database of foreclosed properties.
Sphere: Related ContentI am writing to you regarding threats of violence made by students belonging to your Inter University Students’ Federation (IUSF) against the members of the Socialist Equality Party (SEP) and the International Students for Social Equality (ISSE) at Peradeniya University on August 7.
Sphere: Related ContentGreenhouse gases likely accounted for over half of the widespread warmth across the continental United States in 2006, according to a new study that will be published 5 September in Geophysical Research Letters, a publication of the American Geophysical Union.
Sphere: Related ContentIn his second foreign policy speech in less than a week, President Bush Tuesday portrayed the ongoing US military occupation in Iraq as part of a broader regional struggle to defend vital US interests against “radicals and extremists.”
Sphere: Related ContentIn a transparent effort to rig the outcome of the 2008 presidential election, the California Republican Party has launched a petition drive to place a referendum on the ballot in June 2008 that would split the state’s huge bloc of electoral votes rather than awarding them based on the traditional winner-take-all formula.
Sphere: Related ContentThe Nation magazine, a leading voice of left-liberalism, has come out in opposition to antiwar activist Cindy Sheehan’s decision to run for Congress as an independent against Democratic Speaker of the House Nancy Pelosi.
Sphere: Related ContentAlthough an appeal has been filed in the Saudi Arabian Supreme Court, the fate of Sri Lankan maid Rizana Nafeek hangs in the balance. She was sentenced to death in June for the murder of her employer’s child.
Sphere: Related ContentNew reports underscore the extraordinary scope of a law passed earlier this month expanding government powers to spy on the population in the US and internationally.
Sphere: Related ContentTwo fossils discovered in northern Kenya directly challenge the established view that there was a linear progression from apes to humans.
If a week is a long time in politics, then two days in the financial markets can be even longer. Last Wednesday, William Poole, president of the St Louis Federal Reserve Bank, told Bloomberg TV that the subprime mortgage rout did not threaten US economic growth and that only a “calamity” would justify an interest rate cut.
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