Residents are loading sandbags and putting on rain gear as Tropical Storm Bonnie rolls through south Florida on a path to the Gulf of Mexico. (July 23)
Friday, July 23, 2010
Foreclosures in America - Save the dream
Tens of thousands of people traveled to Washington DC to take part in the Save the Dream Program, sponsored by the Neighborhood Assistance Corporation of America, or NACA. NACA helps people facing foreclosure to get a lower rate on their mortgage or a lower interest rate. Some people traveled from across the country, calling this their last home to save their home.
Labels:economy Collapse Meltdown
Foreclosure
Most European banks pass stress test
As investors continue to worry about the strength of Europe's economy, seven out of 91 banks have failed a stress test, meaning they would collapse if there was another downturn.
The European Union said on Friday that test results confirm the overall resilience of the continent's banking system.
The real test, however, could come in the weeks ahead as the financial world decides about the results and credibility of the tests.
Al Jazeera's Tim Friend reports.
The European Union said on Friday that test results confirm the overall resilience of the continent's banking system.
The real test, however, could come in the weeks ahead as the financial world decides about the results and credibility of the tests.
Al Jazeera's Tim Friend reports.
Arizona immigration law hot debate
Hit illegals or hurt rights? Harsh debate over Arizona immigration Law
Arizona's sweeping and controversial immigration law will go into effect unless a federal judge puts a stop to it. The US government is challenging the law, saying it encroaches on federal laws and enforcement. Rev. Graylan Hagler of the Plymouth Congregational United Church of Christ in Washington, DC argued that the US needs to deal with those who are not advocating policy in humane way. Conservative radio host Tony Katz however pointed out that the Arizona law is merely a law to enforce federal law and is not inhumane.Florida Keys Prepare for T.S. Bonnie
AssociatedPress--July 23, 2010--Tropical Storm Bonnie steamed through the central Bahamas and was approaching the Florida Keys on Friday along a course that is expected to cross over the site of the Gulf of Mexico oil spill.
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