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Vladimir Putin The Worlds Most Powerful President Exclusive Documentary ...

August 14, 2017

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Roman Catholics attend mass in Rio for World Youth Day

Around 400,000 Roman Catholics have joined a ceremony on Copacabana Beach in the Brazilian city of Rio de Janeiro to mark the opening of World Youth Day. The highlight of the festival will be a visit on Thursday by Pope Francis. The Pope arrived in Brazil on Monday, making his first trip abroad since becoming head of the Roman Catholic Church. His visit is taking place under tight security, after weeks of protests against the government and corruption. Tuesday's evening Mass at Copacabana Beach was led by Rio's Archbishop Orani Joao Tempesta. He welcomed pilgrims to the five-day festival, which is expected to draw about 1.5 million people from around the world. The Pope, who is from neighbouring Argentina, had no public events scheduled for Tuesday and spent time at a private residence. He is expected to greet large crowds at Copacabana on Thursday. There was transport chaos shortly before the e

US President Barack Obama has urged a revamp of the housing market

Speaking in Arizona, Mr Obama said action was needed to ensure that the rebounding US property market does not simply "re-inflate the housing bubble". He wants to replace the two lenders with a system leaving the onus of loan risk primarily on the private sector. The US had to prop up Fannie Mae and Freddie Mac in the 2007-09 recession. The two companies cost taxpayers $187bn (£122bn) as they lurched towards bankruptcy. They have since returned to profitability, repaying some $132bn to the government. 'Bets went bad' Speaking at a high school in Phoenix on Tuesday, Mr Obama said it was time to "turn the page on this kind of bubble-and-bust mentality". "For too long these companies were allowed to make huge profits buying mortgages, knowing that if their bets went bad, taxpayers would be left holding the bag," the president said. "It was 'heads we win, tails, you lose.

Record cold and snowy winter across much of South America

While we residents of beautiful North Idaho were enjoying a near record amount of sunshine and our seventh hottest July in 118 years since at least 1895, our South American friends were, by extreme contrast weatherwise, shivering in their coldest, and in some cases, snowiest July in living memory. More than two feet of snow buried parts of southern Chile in mid July. The Chilean Army was called upon to rescue people trapped by the blizzard. There were several deaths caused by hypothermia across both Chile and Argentina. Flu cases mounted. Livestock losses were widespread in both sheep and cattle. On July 16, the Antarctic coldwave produced a hard freeze in normally mild Buenos Aires, Argentina. The mercury at the airport dipped to 23 degrees Fahrenheit (minus-5 degrees Celsius) at 6:30 a.m. The sub-freezing temperatures persisted for several days destroying many tropical plants and trees. The Argentine winter wheat al

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