An in-depth analysis of the news from March 23rd - March 27th. The sources we will use include The Globe and Mail, The New York Times, CBC News: The National and BBC.

Tuesday, April 6, 2010

New York Times - March 25th, 2010

1. Headline: Households Facing Foreclosure Rose in 4th Quarter

Issued by the Office of the Comptroller of the Currency say that the amount of households facing foreclosure rose by a quarter-million households this past quarter. One reason for the increase? Foreclosure is becoming a progressively lengthy process.

2. Headline: Conflicting Demands Test Netanyahu

Israel's prime minister, Benjamin Netanyahu, is currently responding to a political task put forth by the American government to limit Israeli building in East Jerusalem.

3. Headline: U.S. Plans Big Expansion in Effort to Aid Homeowners
The Obama administration will announce later in the week new plans to help American homeowners. Efforts include refinancing government-backed mortgages and reducing loan payments for the unemployed.

4. Headline: Legal-Marijuana Advocates Focus on a New Green
In order to ease some of California's financial strains, voters are suggesting to legalize marijuana. A plan that backers say could raise $1.4 billion and save law enforcement and prison resources, sources say that "It's time to control it" and "tax it".

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