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home : nation/world
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US Government takes over mortgage giants
WASHINGTON -- The Bush administration's seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit crisis.
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Ike hits Cuba as dangerous Category 3 hurricane
CAMAGUEY, Cuba -- Hurricane Ike's winds and massive storm surge ripped apart houses and toppled trees Monday as the deadly storm roared across Cuba toward Havana and its historic but decaying old buildings.
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AP/Lynne Sladky
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| Pedja Dordevic (left) puts up plywood bearing the names of past hurricanes, including Wilma, Rita, Dennis and Ivan, in Key West, Fla., in preparation for Hurricane Ike on Sunday. |
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Fannie, Freddie deal helps some borrowers, not all
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The government's historic bailout of Fannie Mae and Freddie Mac on Sunday will be good news to homebuyers and some homeowners hoping to refinance if it leads to lower mortgage rates, as experts expect. |
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Ike's floods kill 58, add insult to Haiti's misery
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Haitians took to their roofs to escape rising floodwaters for the second time in a week on Sunday as squalls from Hurricane Ike killed 58 people and collapsed a bridge that cut the last land route into the starving city of Gonaives. |
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Keys residents weigh evacuation, Gulf Coast next?
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With powerful Hurricane Ike on an uncertain course toward the Gulf of Mexico, many on these low-lying islands took a wait-and-see approach to evacuating Sunday, perhaps a harbinger of attitudes to come from Gulf Coast residents returning from an arduous evacuation and already showing signs of "hurricane fatigue." |
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US re-examines Afghan civilian deaths from attack
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The U.S. military said Sunday it has new evidence about civilian casualties from an American attack that Afghanistan says killed scores of women and children and it is sending a senior officer to the country to review its initial finding that no more than seven civilians died. |
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ABC News' Gibson lands first Palin interview
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Republican vice presidential candidate Sarah Palin has agreed to sit down with ABC's Charles Gibson later this week for her first television interview since John McCain chose her as his running mate more than a week ago. |
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Afghan tribal leader set for trial in NYC
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By his own account, former Afghan tribal leader Bashir Noorzai resisted the Soviet Union's invasion of his country three decades ago, then put down his weapons when U.S. forces showed up following the Sept. 11, 2001, terrorist attacks. |
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Health chiefs battle to bring back Iraqi doctors
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A kidney specialist who fled Iraq's bombings, kidnappings and sectarian killings 20 months ago has reported back to work at his Baghdad hospital -- one of some 800 doctors who have returned over the summer. |
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Rice: Not wise to end Cuban economic embargo now
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The Bush administration said Sunday it sees no wisdom now in ending an economic embargo against Cuba, a longtime demand the Havana government renewed as a way to speed aid after Hurricane Gustav swamped the island. |
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Once-powerful Pa. senator faces long fraud trial
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A longtime power broker in Pennsylvania politics earned nearly $100,000 a year as a state senator, up to $1 million a year as a rainmaking lawyer and millions more from the sale of a family bank. |
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Deadly crashes bring FAA focus on Reno air races
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It's billed as "the world's fastest motor sport." Critics have another label, calling the Reno National Championship Air Races "the world's most dangerous motor sport" after three pilots were killed during competition last year and another racer was killed during a practice flight Saturday. |
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Thai PM faces court battle over cooking show
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Thailand's embattled prime minister appeared in court Monday to defend himself against accusations he violated the constitution by hosting a televised cooking show while in office. |
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Canada's prime minister calls early election
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Canada's prime minister on Sunday triggered an early election, dissolving Parliament in a bid to bolster his party's grip on power in a vote next month that will be the country's third national ballot in four years. |
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Georgian president vows to reclaim 2 provinces
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On the eve of a European Union shuttle mission to convince Russia to pull its troops back to prewar positions, Georgia's president vowed Sunday to regain control of two breakaway provinces with the help of "the rest of the world." |
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Egypt rock slide toll rises to 32
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Hopes diminished Sunday for finding survivors among hundreds of people believed trapped beneath massive boulders that destroyed an impoverished neighborhood on Cairo's outskirts, killing at least 32 people, including whole extended families. |
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Biden says he looks forward to debate with Palin
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Democrat Joe Biden says he's debated "an awful lot of tough, smart women" throughout his career and next month's vice presidential debate with Republican Sarah Palin will be no exception. But he'd like to know where she stands on issues. |
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Ailing Kennedy aims to return to Senate in January
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Sen. Edward Kennedy, who has brain cancer, will not be on Capitol Hill this week when Congress returns from its summer break. He intends to work from his Massachusetts home this fall and return to the Senate in January. |
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Obama says he was too flip on abortion question
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Democratic presidential nominee Barack Obama acknowledged Sunday that he was probably too flip when he said it was "above my pay grade" to answer a question about when is a baby entitled to human rights. |
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