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August 8, 2008

A $2.3 Billion Loss for Fannie Mae

(New York Times) Fannie Mae, the nation’s largest mortgage finance company, offered additional evidence on Friday that the housing slump was deepening by reporting a $2.3 billion loss in the second quarter.

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Living on a thin line in Myanmar

(IHT) Photo gallery attests to daily struggle for survival after Cyclone Nargis....

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UK presents before UN sea bed claim around Ascension Is

(Merco Press) Britain is to formally present its case to the United Nations in New York for extending its territorial rights around Ascension Island in...

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Iraq says U.S. sought troop presence to 2015

BAGHDAD (Reuters) - The United States asked Iraq for permission to maintain a troop presence there to 2015, but U.S. and Iraqi negotiators agreed to...

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World poverty 'more widespread'

(BBC News) The World Bank says there are more poor people in the world than previously thought, with one in four in poverty....

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Occupation of Govt House 'will continue for 2 more days'

BANGKOK (Bangkok Post) The two-month stand-off between the government and its arch-rival, the People's Alliance for Democracy (PAD), is primed to reach an explosive stage...

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Brazil set for Indian land ruling

(BBC News) Brazil's Supreme Court is preparing to rule on the status of an indigenous reserve disputed by Indians and farmers....

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