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TODAY IN HISTORY

    FREDDIE MAC AND FANNIE MAE BAILOUT
    July 14, 2008 - USA

    Freddie Mac and Fannie Mae who own or guarantee about $5.3 trillion worth of home loans about half of all US mortgages have seen a loss of confidence my the market due to the mortgage forclosure increase and the drop in property values in the United States. Both company Shares have been under increasing pressure and have lost as much as 80% of share value in just 12 months . The Fed has given the green light for the Federal Reserve Bank of New York authority to lend any money needed to allow them to continue providing mortgages at 2.25% and will expand its current line of credit to the two companies and buy shares of the companies if needed to prop up share price in these troubled times. Congress is also to approve a package next week which includes a foreclosure rescue to help strapped homeowners get new, more affordable government-backed mortgages through the Federal Housing Administration.

    ANHEUSER- BUSCH TAKEN OVER
    July 14, 2008 - USA

    After a $52 billion takeover deal, American beer maker, Anheuser- Busch, was taken over by the Belgian beer maker InBev on this day. The merging of the two companies made the newly combined company, Anheuser-Busch InBev, the largest beer maker in the world. The new combined company produces some of the most well known beer brands in the world including Bud Light, Budweiser, Becks and Stella Artois.

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The article is destined to people planning a trip to Minsk city. It contains some information about the culture and history of Minsk and recommendations on the choice of an apartment to stay.

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The majority of people from the European Union are sure that the frontiers of Europe are equal to the borders of Western Europe. Although the East European countries aren't EU members, they are developed states with a lot of points of interest. One of the most peculiar countries in East Europe is Belarus. It is situated in the center of Europe on the intersection of main trade routes from South to North and East to West. The majority of Europeans associate the name Belarus with Russian Federation, but it is a separate country famous for its scenic views and rich cultural and historical background.

If you're going to make a journey to Minsk city, the capital of Belarus, you're lucky. If you are going there on holiday, you'll have lots of new emotions. If you're on a business trip, ascertain that you have enough time to enjoy Minsk points of note. It definitely worth it. As you possibly know from the history, the city of Minsk was practically completely destroyed during the World War II, so nowadays the re-built city has a stylish and contemporary look. But nevertheless, there are some places in Minsk where ancient buildings were saved. A great example is Trinity suburb. It was restored in the 80s, but it still has the ancient atmosphere.

While you're planning a trip to the city of Minsk, the most important question is where to stay. There are a number of first class hotels in Minsk, but a great choice will be to rent a flat. Advantages of living in an apartment instead of a hotel are evident. There is no need to stick to hotel schedules and rules. You have your own kitchen and can cook your favorite food for yourself. With all that the living standards in Minsk apartments are on a high level. You may choose from a great range of apartments - from cheap flats to expensive ones, from one-room flats to luxurious flats. But still, you may be certain that all the apartments are comfortable and correspond to European standards. The difference between cheap and expensive flats is in the amount of the amenities, not in their quality.

As a rule, the apartments are situated in the center of the city, within a walking distance from the most popular shopping centers and tourists' destinations. All your wishes will be taken into consideration and the apartment will be prepared for you in strong correspondence to your order.

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