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News of the 07/30/2008

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Provisions of housing-mortgage relief bill

  
Provisions of the housing bill that President Bush signed into law Wednesday: --Gives the Federal Housing Administration $300 billion in new lending authority and relaxes standards to provide affordable, fixed-rate mortgages to an estimated 400,000 debt-ridden homeowners. Any losses will be covered by an affordable housing fund financed by Fannie Mae and Freddie Mac , the government-sponsored companies that finance ...
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UK hacker loses appeal against US extradition

  
A British hacker accused of breaking into Pentagon and NASA computers has lost his appeal against extradition to the U.S.
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Obama, Bernanke discuss U.S. economic risks

  
WASHINGTON (Reuters) - Democratic presidential candidate Barack Obama met Federal Reserve Chairman Ben Bernanke on Tuesday, discussing the risk of further deterioration in a weakening U.S. economy.
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US military deaths in Afghanistan region at 491

  
As of Tuesday, July 29, 2008, at least 491 members of the U.S. military had died in Afghanistan, Pakistan and Uzbekistan as a result of the U.S. invasion of Afghanistan in late 2001, according to the Defense Department. The department last updated its figures Saturday at 10 a.m. EDT.
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Dollar slightly lower against Swiss franc

  
The dollar was slipped slightly against the Swiss francs late Tuesday night in New York. The U.S. currency was worth 1.0451 Swiss francs, just below the 1.0452 francs it bought in the late afternoon.
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US military deaths in Iraq war at 4,125

  
As of Wednesday, July 30, 2008, at least 4,125 members of the U.S. military have died in the Iraq war since it began in March 2003, according to an Associated Press count.
    From Boston Globe | Add a commentary | Report abuse
 

Japan bans lobster shipments after FDA warning

  
Shipments of North American lobster, also known as Maine lobster, have been banned by Japan because of a misunderstanding over safety, U.S. officials said Wednesday.
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Ecuador says US must leave Manta air base

  
The U.S. military must stop using its only outpost in South America for anti-drug flights when Washington's 10-year lease on the base in Ecuador expires in 2009, the Foreign Ministry said Tuesday.
    From Boston Globe | Add a commentary | Report abuse
 

San Francisco board passes drugstore tobacco ban

  
The San Francisco Board of Supervisors voted 8-3 on Tuesday to ban the sale of tobacco in pharmacies beginning this fall, making it the first U.S. city to impose such a ban, a mayor's office official said.
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US trying to salvage gains in Mideast talks

  
Secretary of State Condoleezza Rice invited top Israeli and Palestinian negotiators to Washington this week to preserve modest momentum in Mideast peace talks begun under U.S. sponsorship last year.
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O'Connor promoted to main U.S. squad

  
An injury has opened the door for Karen O'Connor of The Plains, Va., to make her fourth Olympic appearance.
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State Govs Facing Years of Big Deficits

  
NY Gov. Paterson and California's Schwarzenegger face growing money crisis.
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Need a Student Loan? Good Luck

  
College students scramble to get new loans as dozens of lenders drop out.
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Pre-Pregnancy Diabetes Ups Birth Defects

  
Diabetic moms-to-be run a greater risk of almost 40 types of birth defects.
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Lohan's BFF: Who Is Samantha Ronson?

  
The pro partier and sometimes-spinner is a fixture in Lindsay Lohan's life.
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'Butcher of Bosnia' Sent to the Hague

  
Karadzic spent nearly 13 years on the run before his recent arrest in Belgrade.
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Jonas Brothers: No Time for Romance

  
The three New Jersey brothers delight teens with fun, wholesome music.
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Living Large: 'Oversized Mansion Syndrome'

  
How one family's enormous dream home became an enormous nuisance.
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'Zodiac' Letters Tied Suspect to GI's Murder

  
Father of a fellow soldier's unborn baby allegedly used letters as red herring.
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Conspiracy Swirls in Missing Baby Case

  
Did the Aisenberg lawyer have something to do with the infant's disappearance?
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