viernes, 29 de enero de 2010

Foreclosures new hot spots

The new foreclosure plague is tied more to the economy than bad mortgages. Here are 10 cities where defaults grew the fastest in 2009.

Boise, Idaho

Foreclosure rate: One in every 21 homes
Percent increase from 2008: 103%
National rank: 24th
Unemployment rate: 10.1%


Summary:
The economy of raised up so fast than expected. The houses are constructed more often. In 2003 was $150000 for each person that was the average and 2006 was $260000 for each person. There was a big expectation for houses. They are running out of space to built houses. The demand of houses increases. When the price of the money went up the people started to loosing their job. In the factory of micron they fired about 1500 to 2000 workers. The construction stop. That is a cycle of the money. "In some time of the life will go down" said Boise. We have a really big crisis going on!

Byas: This crisis is changing a lot of our economy because many of the people are dying because of not having money and now that many people got fired a lot more people could die.

http://money.cnn.com/galleries/2010/real_estate/1001/gallery.New_foreclosure_hot_spots/index.html?hpt=T2

miércoles, 27 de enero de 2010

Haiti’s Children Adrift in World of Chaos

By DEBORAH SONTAG
Published: January 26, 2010

Summary:
Is about this two girls that they lost there mother. They were living in a place out of the city when the earthquake occurred,they were in panic. When they settle down they realized that their mom was still in the city. They went with his uncle to go to the capital city. there was a lot of traffic so that girl jump to a motorcycle and went to the city. When they got there she saw that there mom was being put in a truck with other people that was dead. In a low voice she said "she is dead". hey need help to have food, shelter. The children of Haiti, which are the 45% of the population of Haiti are the most are the most vulnerable of the survivors of the earthquake. Many thousands of kids have lost their parents and don't have a place to live in nor food to eat. Let's help this children.

Byas: In my point of view this is a really hurtful moment for Haiti. Haiti children are really suffering a lot in this moment and we should help them.

http://www.nytimes.com/2010/01/27/world/americas/27children.html?hp

North Korea: Shelling near South was drill

January 27, 2010 3:47 a.m. EST

Summary:

North Korea fired on waters near South Korea on Wednesday. They Say this was the part of their annual training drill. This caused the exchanging of fires of both countries. Both countries fired in the air. South Korea fired vulcan canons into the air. North Korea said that this annual training drill will still go on every year in this water. This training drill occurred the day after North Korea declared the place "No sail zone." This was the most violent gunfire exchange in 7 years.

Byas: In my opinion this is a bad time for both countries. Both countries were already in peace but now it can be that they're going to start a war again and many of the country will be destroyed.

http://www.cnn.com/2010/WORLD/asiapcf/01/26/koreas.artillery/index.html

viernes, 15 de enero de 2010

NASA finds cocaine in shuttle hangar

January 15, 2010 2:00 a.m. EST

Summary:

An investigation has been launched after the cocaine they found in a space shuttle at Kennedy Space Center in Florida. The cocaine was found on a restricted area of the space shuttle, Discovery. Kennedy Space Center Director Bob Cabana said that he was really disappointed about this incident but that this shouldn't distract the great daily work that it's done in our space shuttle. The cocaine was found in a small bag near a bathroom in a restricted area. Cabana the director said that this shouldn't be that this incident would have a big impact in the launching of the space shuttle, Discovery.

Byas: This incident can make a big impact in our technology because now we can know that some astronauts that are in a space shuttle that cost the lives of many people are being used by some alcoholic person.

http://www.cnn.com/2010/TECH/space/01/15/nasa.shuttle.cocaine/index.html