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U.S. markets recover from steep losses
LONDON, July 18 (UPI) -- The Council of Mortgage Lenders in Britain has asked the Bank of England to extend its liquidity programs to help support a flagging industry.
"Market activity during a traditionally busy time of year for mortgages has been muted by funding shortages and, more recently, dampened consumer demand," said CML Director General Michael Coogan.
Mortgage lending in Britain continued to slide in June, down 3 percent on the month and 32 percent from a year ago, the Telegraph reported Friday.
Mortgage lending in Britain fell 11 percent in the first quarter compared with the first quarter of 2007 and 21 percent in the second compared with 2007, the report said.
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LINCOLN, Neb., May 24 (UPI) --
A law giving the governor of Nebraska the authority to approve oil pipelines passing through the state is illegal, three landowners say in a lawsuit.
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NEW DELHI, May 24 (UPI) --
India's state-run National Aerospace Laboratory will work with Kadet Defense Systems to develop NAL's Hansa trainer aircraft into an unmanned airial vehicle.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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