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As Oil Firms Seek Drilling Access, Exports Set Record (Reuters)
While the U.S. oil industry wants access to more federal lands to help reduce reliance on foreign suppliers, U.S.-based companies are shipping record amounts of gasoline and diesel fuel to other ...
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Paulson Statement on Freddie Mac, Fannie Mae (Bloomberg)
July 13 (Bloomberg) -- Following is the text of a statement issued today by Treasury Secretary Henry Paulson:
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Site News: Have You Tried Our New Features? (T. Scheisskopf)
At World News Trust, we are constantly striving to enhance your experience when you visit. To that end, we have added new features that you may have missed, and we want to tell you about them.
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The $5 Trillion Mess (Katie Benner)
Fannie Mae and Freddie Mac were created by Congress to help more Americans buy homes. Now their shaky condition threatens the entire housing market.
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Bird species plummet as habitat dwindles (Carolyn Lochhead)
(San Francisco Chronicle) Washington -- Hundreds of species of birds, including many once-common songbirds such as the meadowlark and bobwhite, are in severe decline in the United States, falling in ...
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Mugabe Escapes UN Sanctions; China, Russia Block Vote (Robin Stringer and Brian Latham)
July 12 (Bloomberg) -- Zimbabwe's President Robert Mugabe, the country's only leader since it achieved independence in 1980, escaped United Nations sanctions for election violence as China and ...
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Foreclosures Rose 53% in June, Bank Seizures Tripled (Dan Levy)
July 10 (Bloomberg) -- U.S. foreclosure filings increased 53 percent in June from a year earlier and bank seizures rose the most on record as deteriorating property values and higher rates on ...
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Is There an Oil Shortage? (Ismail Hossein-Hadeh)
The popular perception of the recently skyrocketing oil price is that there is an oil shortage in global energy markets. The perceived shortage is generally blamed on the Organization of Petroleum ...
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