| Australia will cope with sub-prime fallout: Swan
TREASURER Wayne Swan says Australia remains well placed to deal with the global economic fallout from the US sub-prime housing market crisis. US President George W Bush overnight unveiled a wide-ranging mortgage relief package which he said could help up to 1.2 million distressed homeowners. The plan, brokered by US Treasury officials with major industry participants, aims to help struggling homeowners refinance sub-prime adjustable-rate loans or freeze the current interest rates for five years. The program was unveiled amid fears a rising tide of home loan defaults would lead to a surge in repossessions and have a cascading economic impact. Mr Swan said the US sub-prime housing market woes remained a concern for Australia, primarily because it was causing liquidity in global financial markets.
Why the Giants Shouldn't Be in the Super Bowl and Ways They Can Win It
Not forever, as it turns outnot if they can win the Super Bowl. As late as December 16, the home fans booed them in a 22-10 loss to the Washington Redskins at the Meadowlands. Coughlin's crew doesn't perform well in the hometown spotlight; these Giants are the first Super Bowl team in NFL history with a losing record at home. Throughout his 12-year pro coaching career, Tom Coughlin has given a perfect imitation of someone who is both in charge and out of control, with the result that the Giantsone of the most talented teams in the leaguehave also been the most erratic, forever changing the way of their errors without changing the error of their ways. Things got so bad last year that The Washington Post's Mark Maske wrote, when Coughlin accused the media of being a distraction: "What the media was distracting Coughlin's players from .
Annual Financials Quarterly Financials
U.S. stock futures lower before Fed decision; Yahoo drops UBS, BNP Paribas report more hits from credit crisis Why veteran bear Allmon is grinning Kerviel: "I wanted to make money for my bank" Asia retreats on doubts about the depth of a Fed easing McCain, Clinton win Florida primaries; Giuliani to drop out In America, the land of bubbles, the next pop will be the biggest Yahoo set to decline after disappointing report U.S says GDP slows to 0.6% growth in fourth quarter .
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