If you've applied for a mortgage recently, you know how hard it can be. The bank demands all kinds of obscure documents and wants proof of almost every asset you own. But an innovative mortgage program halfway around the world will evaluate your application without any extra documentation — and if you're approved, it will give you a 15-year fixed-rate mortgage. There's just one catch: The mortgages are only for low-income people in Cambodia. The program is a throwback to the days when bankers got to know their customers — and trusted them.
President Obama was in Denver on Wednesday to rally support for gun control laws. Colorado has stepped up on both background checks and ammunition magazines, and Democrats there fear backlash next year.
The middle-income housing projects Stuyvesant Town and Peter Cooper Village sit on an 80-acre patch of Lower Manhattan. In 2006, they came to epitomize the lunatic excess of the housing boom when their 11,232 apartments sold for $5.4 billion. They were bought at a competitive auction by Tishman Speyer Properties and BlackRock Realty.
There's been a significant shift in international aid in recent years. Less money is coming from large donor nations and more is coming from private foundations, corporations, even countries that only a few years ago were recipients of aid themselves.
Within 10 days of Miguel Diaz-Canel's big promotion to vice president of Cuba in February, he was already being tapped as a stand-in for reticent, 81-year-old President Raul Castro. It was Diaz-Canel, not Raul or Fidel Castro, who gave Cuba's first public condolences when the communist government lost its best friend and benefactor, Venezuelan President Hugo Chavez.
An ancient hunting ritual is making a comeback in modern Spain: the practice of hunting wild boar on horseback with spears — and no guns. The sport dates to Roman times, and was recently approved and added to Spanish hunting regulations.
Just a 20-minute drive from Spain's capital, you're in the dehesa — oak woodlands, where wild boar, deer and mountain goats roam. Madrid's skyscrapers are on the horizon, but in the forest, ancient traditions still reign.
Try to put him in a box and he'll find his way out. Still working at nearly 85 years old, William Klein has gone rogue in at least four different fields: abstract painting, photography, filmmaking and commercial copy writing.
Klein now lives in Paris but I caught up with him in New York City — the place where he was born, but no longer has much affinity for. He's just here to promote a new book, William Klein ABC.
When I ask him what he thinks about the city, he says:
President Obama has announced an ambitious plan to explore the mysteries of the human brain.
In a speech Tuesday, Obama said he will ask Congress for $100 million in 2014 to "better understand how we think and how we learn and how we remember." Other goals include finding new treatments for Alzheimer's disease, epilepsy and traumatic brain injury.
Polio is on the verge of being eliminated. Last year there were just over 200 cases of polio, and they occurred in just two remote parts of the world — northern Nigeria and the rugged Afghan-Pakistan border region.
A new $5.5 billion plan being pushed by the World Health Organization strives to eliminate polio entirely, phase out vaccination campaigns and secure polio vaccine stockpiles in case the virus somehow manages to re-emerge.
If the effort is successful, polio would be just the second disease in human history, after smallpox, to be eliminated by medical science.
More than 1 million people are dying prematurely every year from air pollution in China, according to a new analysis.
"This is the highest toll in the world and it really reflects the very high levels of air pollution that exist in China today," says Robert O'Keefe of the Health Effects Institute in Boston, who presented the findings in Beijing this week.
Tuareg bands are natural rockers. These desert nomads have a history of harsh physical challenges, long separations, nostalgia and rebellion — elements that give their music gritty authenticity. There's something about their ambling, tuneful songs that fits perfectly with the bite and snarl of electric guitars.
The devastating drought in the Midwest last summer is a story often told by the numbers, with statistics on large crop failures, days without rain and thousands of parched acres.
This story is also about a tree — a bur oak in rural Columbia, Mo., that everyone calls "The Big Tree." Although it's survived all kinds of punishments during its 350 years on the prairie, last year's record drought was especially tough.
The newly elected pope's focus on the poor and the marginalized has instilled great faith among many Catholic women. They hope the papacy of Pope Francis will promote a leading role for women in the church.
A group of American nuns and Catholic women recently made a pilgrimage to Rome to make their requests heard.