Day August 7, 2005

The L.A. Times has a front page article today asking if the slowing San Diego real estate market portends a coming slowdown or crash in house prices nationwide, as the bubble happened first in San Diego and has been strongest there. All…

The Earth is losing its natural resistance to global warming as the oceans and forests reach capacity in their ability to soak up carbon emissions, say scientists.

Iran signalled a confrontation with the West yesterday by rejecting a European Union offer to help it to build a nuclear energy programme in return for scrapping operations that could lead to the production of nuclear weapons. Another interpretation would…