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Israel 'committed to dismantling West Bank settlements'

Less than a month after he took office in January 2006, Olmert ordered the demolition of nine houses in the unauthorised outpost of Amona. Violent clashes between settlers and security forces broke out during the operation, and Israel has taken no serious action since against the encampments.

Bush, who arrives in Israel on Wednesday on his first trip to the country as president, has said he expected Israel to take down outposts.

Palestinian president Mahmoud Abbas said today he would ask Bush to curb Israel's West Bank settlements for the sake of peace. "We wish for him first to ask the Israelis to stop the settlement building and ... guarantee once more the ending of the occupation that happened in 1967," Abbas said after attending Orthodox Christmas services in Bethlehem.

Olmert has insisted any clearing of West Bank outposts must be preceded by greater progress against militants by the Palestinians.


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Australian share market steady at noon

THE share market had given up this morning's gains to be only marginally ahead at noon after AGL Energy tumbled on a profit warning and Publishing and Broadcasting Ltd (PBL) announced it had delayed a demerger over its tax implications.

THE share market had given up this morning's gains to be only marginally ahead at noon after AGL Energy tumbled on a profit warning and Publishing and Broadcasting Ltd (PBL) announced it had delayed a demerger over its tax implications. Earlier in the day, local stocks rose sharply on the back of a strong lead from Wall Street, mixed metal prices and a higher oil price. At 12pm AEST, the benchmark S&P/ASX200 index was up only 0.4 points at 6749.3 and the All Ordinaries had risen two points to 6762.1. On the Sydney Futures Exchange, the December share price index contract was two points lower at 6794 on a volume of 7,020 contracts.


International Forecaster December 2007 (#4) - Gold, Silver, Economy + More

The following are some snippets from the most recent issue of the International Forecaster. For the full 22 page issue, please see subscription information below.

THE INTERNATIONAL FORECASTER

WEDNESDAY 121207(4)_IF

P. O. Box 510518, Punta Gorda, FL 33951-0518

An international financial, economic, political and social commentary.

Published and Edited by: Bob Chapman

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Mad for makeovers

Yegsigian has no regrets about the investment, the bulk of which went to retiling the space and high-end shower fixtures.

"Here's how I look at it," he said. "Is my house going down in value? Yes. Did I just do a bathroom remodel that I won't get paid back for? Yes. But . . . the remodel brought other benefits. It makes my home more functional, and my kids are happier. It's all about balance."

Nonetheless, if you're leery about investing in your home when the market is softer than a feather bed, here are some guidelines:

Do the improvements you want -- for less. Do more of the work yourself. If you do hire a contractor, interview many before hiring one.

You can save as much as 70% on the whole job if you shop, author Fritschen said.



 

 

 

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