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    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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  • All of us have a God in us
    by Earth Day, Kenya

    "...All of us have a God in us, and that God is the spirit that unites all life, everything that is on this planet. It must be this voice that is telling me to do something, and I am sure it'as the same voice that is speaking to everybody on this planet at least everybody who seems to be concerned about the fate of the world, the fate of this planet. Wangari Maathai-Noble Peace prize winner, Deputy Minister of Environment, founder Green Belt movement in Kenya...."
  • Until a man duplicates a blade of grass
    by Earth Day, Thomas Alva Edison Inventor

    "...Until a man duplicates a blade of grass, Nature can laugh at his so-called scientific knowledge. Remedies from chemicals will never stand in favorable comparison with the products of Nature, the living cell of a plant, the final result of the rays of the sun, the mother of all life...."

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  • Cancer Facts & Figures
    about Besides Lung Cancer

    Besides lung cancer, tobacco use also increases the risk for cancers of the mouth, lips, nasal cavity (nose) and sinuses, larynx (voice box), pharynx (throat), esophagus (swallowing tube), stomach, pancreas, kidney, bladder, uterus, cervix, colon/rectum, ovary (mucinous), and acute myeloid leukemia. Harvard Medical School
    about Eyesight Myth and Fact

    Myth: Staring at a computer screen all day is harmful to the eyes. Fact: Spending the day staring at a screen can tire or strain your eyes, but it will not hurt them. Make sure lighting doesn't create a glare on your screen. When spending long periods at your keyboard, take a break now and then to rest your eyes to reduce fatigue. Also, don't forget to blink. Your eyes need to stay lubricated to feel comfortable.

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The rumors carried way more hype about the Yahoo MSN merger than the actual deal. Since a long time it was always too close to the final step, but now when it is finally happening, all the baubles of gossip just vanished!!!

ARTICLE CONTENT :

The rumors carried way more hype about the Yahoo MSN merger than the actual deal. Since a long time it was always too close to the final step, but now when it is finally happening, all the baubles of gossip just vanished!!! Pooof! Yahoo now finally must take significant steps to improve on it?s content to stay in the league. Also it can use some help to look good on Google as probably it is where now Yahoo would be searched more!

We were always wishing that somehow, through some sort of miracle, Yahoo could pull it through. Yahoo has done great until recently. It has been pretty good with information and has always got something good for the people using it for search purposes. But since last year when they started making drastic changes in their algorithms, it has seriously gone down from the favorites list of many. But with the two- i.e. Yahoo and MSN combining, they seriously need to look into the MSN/Bing algorithm. They might be able to earn bucks from their display media, but they cannot count for long on searchers if they do not do anything about the algorithm problem. They would only lose significant searchers to the already more popular Google.

There is a strong possibility that with the merger there might finally be someone who could challenge the monopoly of Google. But there are also views on the contrary. With Google grabbing the market share, Yahoo was pushed away to the number two and MSN was lingering somewhere on a number three. The merger now limits the number of major search engines to two. This might be good for some and not so good for others. For a consumer it might not be such a great news as now they are restricted to only two search engines. Where earlier one had a possibility to find relevant search results at three places, now they would have only two. Nonetheless a great news for capitalists! On the brighter side, the number three slot is now vacant for a potential competitor. Seeing that one fill could be a stimulating experience.

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    How all this happens and what it repercussions are, is yet to be seen. For now we can only pray for an ailing Yahoo to get well soon!!! For more information about us, visit our site.

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