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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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Chemicals In Shampoo May Pose Health Ris :

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Have you ever read the label on your shampoo bottle? You'll be shocked to learn that the ingredients found in many shampoos may pose a threat to your health.

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Have you ever read the label on your shampoo bottle? You'll be shocked to learn that the ingredients found in many shampoos may pose a threat to your health.

Research has shown that various chemicals lurking inside shampoo may induce serious health risks, like memory loss, eye and skin irritation, hair follicle damage that can lead to hair loss, and even cancer.

While the U.S. Food and Drug Administration classifies personal care products, it does not regulate them. Therefore, there are no legal guidelines or boundaries for shampoo manufacturers to follow.

The descriptive "all-natural" has become a buzzword in the beauty world for environmental friendliness. What some shampoo makers leave out, however, is they still use the lathering agents, emulsifiers and synthetic fragrances that contain hundreds of harmful chemicals.

According to a company called Blinc Inc., it is very likely that the list of ingredients in a bottle of shampoo will contain some of the following additives:

* Propylene glycol, known as the main ingredient in antifreeze, is also found in makeup, toothpaste and in your shampoo. It can cause allergic reactions.

* Sodium lauryl sulfate and ammonium lauryl sulfate are common causes of eye irritation. They can also damage hair follicles. When absorbed into the body from continuous contact, they can bring on asthma attacks.

* Synthetic fragrances contain hundreds of chemicals, some of which have been known to cause headaches, dizziness, rash, hyperpigmentation, coughing and vomiting.

*The National Toxicology Program found that applying diethanolamine to a mouse's skin induced liver and kidney cancer. DEA is readily absorbed through the skin and can also be toxic to the brain.

But before you decide to never wash your hair again, Blinc Inc. is simplifying consumer education by consolidating official government research on questionable ingredients found in many shampoos, conditioners and body washes.

The company's philosophy of “Why take a chance? means there are no controversial ingredients in its haircare products. They are 99.8 percent vegetable derived and as close to natural as possible while effectively cleansing without causing irritation to eyes or skin or damaging hair.



Source : PLR

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