Wednesday, August 29, 2007

2 years after Katrina, rebuilding pace depends on who's paying

Date: Wed, 29 Aug 2007

NEWS

U.S. hands Iranians over to Iraqis
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A group of eight Iranians, including two diplomats, were released by
U.S. forces Wednesday after being detained because unauthorized weapons
were found in their car, the U.S. military said.

Taliban releases 3 hostages
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The Taliban's decision Tuesday to release 19 South Korean Christians
held since July in Afghanistan led to emotional celebrations by the
hostages'
families. Elsewhere, there were concerns that the Taliban may be
emboldened after securing

Pilgrims forced out of Karbala
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Sporadic gunfire echoed through the center of Karbala early Wednesday
after day-long clashes between rival Shiite militias claimed up to 51
lives and forced officials to abort a Shiite religious festival that had
drawn up to 1 million pilgrims from around the world.


MONEY |

Widening subprime fallout rattles Asian investors
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Asian financial markets were roiled on Wednesday by the widening damage
caused by the U.S. subprime mortgage sector meltdown, with investors
fearing more negative surprises will emerge in the region.

Smaller businesses struggle to recover from Katrina
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New Orleans has always been a city of family-owned meat markets, dry
cleaners,
diners and corner stores. These businesses tended to be the ones most
affected by Katrina because they had the least financial resources. Two
years later, many of them still haven't received the financial help they
need.

Tightrope: What makes a 'real entrepreneur'?
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Hello Gladys, I have had a home-based business for a few years and I am
getting tired of working from home. I don't feel like a real
entrepreneur. In
fact, most of my friends don't see me as a real business owner because I
work from home. ...

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