Thursday, July 24, 2008

Headlines: July 24, 2008

The anguish of foreclosure

“As Congress rushed yesterday to help 400,000 strapped homeowners avoid foreclosure and prevent Fannie Mae and Freddie Mac from collapsing, the suicide underscored the potentially devastating toll of the housing crunch.”

Black and single: Is marriage really for white people?

Google launches Knol as rival to Wikipedia

Housing rescue bill passed in US

Inflation reaches critical levels in Zimbabwe

Hyperinflation occurs when "the monetary and fiscal authorities of a nation regularly issue large quantities of money to pay for a large stream of government expenditures. In effect, inflation is a form of taxation where the government gains at the expense of those who hold money whose value is declining."

Defendant walks out of Guantanamo war crimes trial: Salim Ahmed Hamdan, a former driver for Osama bin Laden, seems discomfited by a video taken shortly after his 2001 capture. He later returns to court and apologizes to the judge.

Thousands Flock for a Chance at Loan Relief

MPs scrap France's 35-hour week

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