Gaza, Palestinian Territory (IRIN) – Ayman Subhi, like the other 1.6 million residents of the Gaza Strip, is often a victim of international developments beyond his control. When he graduated from college two years ago, he planned to build a home large enough for the family of six he supports (including his grandfather, parents and [...]
Posts Tagged ‘Percent’
Vegetable farmers face lack of government support in Sri Lanka
August 20th, 2012
davidguide Kotte, Sri Lanka (IRIN) – While the government focuses on boosting rice production in Sri Lanka, the fresh produce industry, with its contribution of essential nutrients and potential for providing livelihoods, needs more support, say farmers. “Take what we are faced with now – the [impact of] lack of water on paddy is being highlighted, [...]
Food for refugees in Mali will run out in September
August 16th, 2012
davidguide OUAGADOUGOU, Mali (IRIN) – Agencies cannot cope with the scale of refugee needs in camps across Mali, as their funding shortfalls are too great: 36 percent at the World Food Programme (WFP) 66 percent in UN refugee agency (UNHCR), and 58 percent for the overall response. If additional funding does not come soon, food will [...]
Rate on 30-year mortgage rises to 3.71 percent
June 21st, 2012
davidguide Diane Alter – Fourth Estate Cooperative Reporter Arlington, Va., United States (4E) – For the first time in seven weeks, the average rates on fixed mortgages rose. However, rates are still near historic lows. Mortgage giant Freddie Mac reported Thursday that the average rate on a 30-year loan ticked up to 3.71 percent. That is [...]
Sliding home values knock 40 percent from U.S. household median net worth
June 13th, 2012
davidguide Diane Alter – Fourth Estate Cooperative Reporter New York, N.Y., United States (4E) – Sinking home values have contributed to a 39 percent decline in the median U.S. household from 2007 to 2010. A Federal Reserve report Monday underscored the impact of the financial crisis and the recession on the average American. Taking the biggest [...]
Mortgage rates slip for sixth straight week
June 11th, 2012
davidguide Diane Alter – Fourth Estate Cooperative Reporter Arlington, Va., United States (4E) – Mortgage rates have slipped for the sixth consecutive week, hitting all-time record lows in the wake of weak economic and jobs data. According to a report released Thursday by Freddie Mac, the average rate on a 15-year fixed loan dropped to 2.94 [...]
With oil below $100, Gulf starts to worry
June 5th, 2012
davidguide The Media Line Staff Riyadh, Saudi Arabia David Rosenberg / The Med – Is the Gulf’s petroleum party over? That’s the way it looked over the weekend, with the Saudi stock market the first guest to leave; the exchange’s Tadawul index fell more than 4 percent on Saturday, its biggest one-day drop since last August, [...]
States Encounter Obstacles Moving Elderly And Disabled Into Community
May 28th, 2012
davidguide Washington, DC, United States (KaiserHealth) – A multi-billion dollar federal initiative to move low-income elderly and disabled people from long-term care facilities into the community has fallen far short of its goals, as many states have struggled to cobble together housing and other services. Wayne Cook watches neighborhood children play in the courtyard as home [...]
IMF walks away from the kingdom
May 22nd, 2012
davidguide Mbabane, Swaziland (IRIN) – The International Monetary Fund (IMF) has withdrawn its advisory team from Swaziland, saying it is unable to support the government’s proposed financial reform program. The IMF was assisting the government in implementing the Fiscal Adjustment Roadmap (FAR), to right-size the budget, where government spending currently exceeds its revenue. “Government has yet [...]
Realty Trac: foreclosures dropped to lowest level since 2007
May 20th, 2012
davidguide Linda Young – Fourth Estate Cooperative Writer Irvine, CA, United States (4E) – The number of foreclosure filings nationwide dropped in April to its lowest level since July 2007, although foreclosure activity actually increased in some areas of the country. RealtyTrac, the leading online marketplace for foreclosure properties, released its April report on foreclosure filings [...]
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