Bush weighs housing rescue amid veto threat
President Bush and Congress settle on terrorism and Iraq funding leaving a housing bill as a likely last major push before campaigns. The proposal modernizes FHA and creates a regulator for Fannie Mae and Freddie Mac while Republicans face an uncertain political climate and a potential veto. Senator Shelby urges Bush to rethink the veto stance.
MENTIONED IN THIS ARTICLE
Washington, D.C
Bush
Congress
Bush Long
Federal Housing Administration
Fannie Mae
Freddie Mac
Richard C. Shelby
Alabama
Senate Banking, Housing and Urban Committee
Mississippi rises threaten Canton as flood crests near record
In Foley Missouri officials monitor the Mississippi as river levels rose beyond predictions with Canton braced for a crest near 26.4 feet. Emergency management spokeswoman Monica Heaton calls the rise ahead of forecast and notes the levee holds while river stages exceed the Great Flood of 1893 by over a foot.
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Foley
Missouri
Illinois
Canton
St. Louis
Canton Emergency Management
Monica Heaton
Bombs kill five foreign troops in Afghanistan
Five foreign troops and five Afghan government soldiers were killed by roadside bombs on a Saturday, part of a surge in violence that has made Afghanistan a deadly battlefield for foreign forces. The report notes ongoing casualties despite over 60,000 foreign troops and pledges of aid to President Karzai, with experts citing guerrilla warfare and political attention in the U.S. race.
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Afghanistan
Kabul
U.S
NATO
W Ith
Hamid Karzai
Marvin Weinbaum
State Department
Middle East Institute
Weinbaum
Police stand outside News Divine club in Mexico
Police officers stand outside the News Divine club in Mexico as authorities investigate a disturbance at the venue. The scene shows law enforcement at a crowded location with city surroundings and police vehicles nearby.
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News Divine Club
Mexico
Mexico City stampede at News Divine club kills 12
Mexico City's mayor voiced outrage after a nightclub stampede left 12 dead, including youths as young as 13. Police said officers involved in a raid at the News Divine club were suspended as they responded to reports of underage drinking and drugs in a working class neighborhood. About 500 people crowded the venue beyond capacity, triggering a chaotic rush to exit.
MENTIONED IN THIS ARTICLE
Mexico City
News Divine Club
Oil prices rise as production limit seen key issue
In Jidda, Saudi Arabia, energy secretary Samuel Beaman says insufficient oil output, not speculation, drives high crude prices ahead of an energy summit. The comment complicates tensions with Saudi Arabia which blames market speculation for record prices as Washington presses Riyadh to boost production.
MENTIONED IN THIS ARTICLE
Jiddah
Saudi Arabia
Samuel Beaman
Fiddah
US S
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