By Jim Christie
Reuters Mon Jul 17, 2006 SAN FRANCISCO - A slip in home prices in San Diego as demand for condominiums slackens is giving the chills to some in this sun-drenched California city and stoking concerns of a downturn in its regional housing market after a decade-long boom.
Some are going as far as to declare all California will go the way of San Diego, one of the hottest U.S. housing markets in recent years, with large gains in home values soon to be undone, perhaps by a sharp correction. |
Reuters
July 19, 2006 WASHINGTON - Federal Reserve Chairman Ben Bernanke warned on Wednesday stubbornly high inflation could harm the U.S. economy and that the U.S. central bank must guard against rising prices taking hold.
Bernanke said while the Fed was forecasting cooler economic growth and some moderation in inflation next year, the central bank remained worried about pricey oil and tight labor markets and the risk they might foster expectations for rising prices. |
AP
Tue Jul 18, 2006 |
By CHRIS KAHN
Associated Press July 19, 2006 TONOPAH, Ariz. - About 100 illegal immigrants were rescued from the desert about 50 miles west of Phoenix, many suffering from dehydration and exhaustion after triple-digit heat.
Seven immigrants and three sheriff's deputies were taken to hospitals after the rescues late Tuesday, said Maricopa County Sheriff Joe Arpaio. Officers used a helicopter, canine units, all-terrain vehicles and foot patrols to find them. The immigrants told authorities that three people had died, but Kempher said no bodies had been found. |
Tuesday, 18 July 2006, 23:03 GMT 00:03 UK
A plan to create rapid reaction teams of border guards to deal with European Union immigration crises will be unveiled in Brussels on Wednesday.
The proposal comes in response to a request from member states for the creation of teams of experts able to respond quickly to requests for help. Comment: Hmmm. Is the Eu expecting a significant increase in emergency situations and crises that would necessitate such "rapid reaction" teams? Wonder what those crises might be? War? Climate change? Economic collapse?
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