Minorities hit hardest by housing crisis
November 26, 2007 08:14 AM - Reuters
LOS ANGELES (Reuters) - In May, Alvin Clavon received a foreclosure notice on the simple, Spanish-style house in South Los Angeles that he shares with his wife and three boys.
Forget the climate! Britons scent U.S. bargains
November 26, 2007 08:09 AM - Reuters
LONDON (Reuters) - For British tourists heading to the Big Apple to take advantage of a weak dollar and stock up on bargains, the choice is clear: saving money comes before saving the planet.
With sterling hitting its highest levels against the dollar since 1981, British media are cranking up headlines on the number of people jetting to the United States to pick up bargain designer clothes and electrical goods.
"The weak dollar is certainly helping a few shoppers find their way to the U.S.," George Stinnes, head of investor relations at British Airways, said earlier this month when the company reported passenger numbers on routes to the Americas had jumped 7.4 percent in October from a year ago.
Sarkozy tackles Hu on yuan and human rights
November 26, 2007 06:31 AM - Reuters
BEIJING (Reuters) - French President Nicolas Sarkozy brought his trademark directness to China on Monday, publicly urging President Hu Jintao to let the yuan rise more swiftly and cajoling Beijing to do more to respect human rights.
Indonesia says no to bird flu virus sharing
November 26, 2007 01:37 AM - Reuters
JAKARTA (Reuters) - Indonesia will not share bird flu virus samples unless there is a guarantee developing nations will have control over their use and have access to cheap vaccines, a health ministry spokeswoman said on Monday.
Indonesia, the nation worst hit by bird flu with 91 human deaths, has held back its virus samples since August and wants guarantees from richer nations and drugmakers that poor countries get access to affordable vaccines derived from their samples.
China unhappy with EU's product safety call
November 26, 2007 12:35 AM - Reuters
BEIJING (Reuters) - The top EU trade official told China on Monday its reputation was at risk after a series of product safety scandals and that it must do more to tackle the problem.
Crews gain upper hand on Malibu fire
November 25, 2007 04:13 PM - Reuters
MALIBU, California (Reuters) - Firefighters gained the upper hand on Sunday against a fierce wildfire that destroyed 49 homes in the exclusive beachside community of Malibu, where residents were allowed to return and assess the damage.
Shopping crowds swell, but are they buying?
November 24, 2007 03:55 PM - Reuters
CHICAGO (Reuters) - Bargain-hunters mobbed retailers at the start of the holiday shopping season, but it remained to be seen whether they were in a buying mood amid a slumping housing market, a credit crunch and rising fuel costs, experts said on Saturday.
Bridge collapse kills storm survivors in Bangladesh
November 24, 2007 09:47 AM - Reuters
DHAKA (Reuters) - At least three people were killed and nearly 100 injured in Bangladesh on Saturday when a road bridge packed with hundreds of cyclone survivors waiting for food aid collapsed into a river, police and witnesses said.
Activist, journalists kidnapped in Ingushetia
November 24, 2007 06:38 AM - Reuters
Oleg Orlov of rights group Memorial said he and a film crew from REN-TV channel were taken from the hotel in Ingushetia's capital Nazran by a group of armed and masked people who said they were from the security forces, dealing with terrorism.
Shoppers go Black Friday deal hunting
November 23, 2007 05:29 PM - Reuters
NEW YORK (Reuters) - Eager shoppers stormed malls and stores across the country on Friday to snap up the early-bird specials that mark "Black Friday," the first official day of the U.S. holiday shopping season.