Word: interestingly
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...Saving homeowners is far from easy. The original Bush plan, FHASecure, which involved the government refinancing people into lower-interest loans, has thus far helped only about 387,632 borrowers. A subsequent plan to identify borrowers in trouble and modify their loans has been more successful. As of October, the Hope Now Alliance says it has helped 2.3 million borrowers stay in their homes. But only a third of those homeowners actually got loan modifications. The rest got some kind of short-term fix from their lender, such as forgoing a missed payment or giving a few months' reprieve...
...best advertisement for studying the U.S. has been the extended presidential primary season, which professors say has gone some way to reviving interest. As the election heated up in recent months, Lancaster University's American-studies office received several inquiries from high school students interested in the program; in the previous two years they had received none. "Obamania has infected students," says Patrick Hagopian, who teaches "Mom and Apple Pie: Gender and the Making of the American Family." "America becomes a more attractive place simply because of the prospect of a new government." He's hoping students will agree...
Still, the picture isn't one of unrelenting gloom. Interest rates are low, unlike in the early 1990s, and the price of oil has dropped from its peak earlier this summer as demand slows from the cooling global economy. That's good news for consumers everywhere. But the signs of economic woe still add up to a minefield that European governments, central banks and other policymakers will have to navigate carefully. Here are some of the mines that lie in wait for them...
...asked. “In one word, Iraq.” The solution will not come from solely increasing U.S. military presence in Afghanistan, Rashid said. The remedy should be a major diplomatic initiative, involving countries such as Iran and India. These countries are crucial because each has an interest in Afghanistan’s future and many of them seek to control the country now, Rashid said. “Kabul has become the new Kashmir,” Rashid said, referring to the growing rivalry between Indian and Pakistani intelligence services in Afghanistan’s capital. Some...
...make matters even worse for McCain, this final session is focused on domestic policy, an area in which he is considered vulnerable. And yet for all the public interest and media focus on the debates, it is unlikely the last go-round will have a truly game-changing effect...