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Christian Louboutin Scarpe or merge them into a government agency.

were driven by $18.8bn in losses on loans due to the weakening housing market conditions, made worse by rising unemployment. It said that almost 4% of the loans it owns or guarantees were in arrears up to 30 June - up from 1.4% percent a year earlier. Fannie Mae and Freddie Mac buy mortgages from approved lenders then sell them to investors. Together they underwrite more than half of all US mortgages, worth about $5.4 trillion. Fannie's latest Christian Louboutin Scarpe request takes the amount which the pair have requested from the US Treasury to $96bn. The firms hit difficulty after lowering their criteria for borrowers during the housing boom. Next year, the US government will unveil its plans for Fannie Christian Louboutin Scarpe Outlet and Freddie. It may keep the companies private, wind them up, or merge them into a government agency.
Japanese carmaker Nissan has unveiled its first electric car, taking it closer to its aim to become the first car firm to mass produce the vehicles.Nissan sees high potential for electric vehicles The zero-emission hatchback vehicle, called Leaf, is set to go on sale in Japan, the US and Europe next year. Nissan chief executive Carlos Ghosn did not announce the prices but said it would be very competitive. The monthly cost of the battery, plus the electric charge, will be less than the cost of gasoline, Mr Ghosn said. Nissan, Japan's third largest carmaker, has been slower than rivals Toyota and Honda to embrace hybrids, which run on petrol and electric engines, and is instead pinning its hopes on solely battery-powered cars.Electric cars have struggled to become mainstream because of limited Scarpe Louboutin battery life and high costs. But Mr Ghosn insisted that the Leaf would not be a niche-market vehicle. We need to invest a lot of money to build the car plants and the battery plants at a moment where all the auto companies are saving investments, he said. But there is such a high potential that we (will) go ahead with it. Nissan has chosen the UK as one of its bases to produce batteries for electric cars. It is investing £200m at its Sunderl
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