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FEMA takes new role in post-storm repairs  The Federal Emergency Management Agency reports it has completed more than 127,000 inspections of Louisiana houses and apartments hit by Hurricanes Gustav and Ike, part of its expanded role in doling out home repair grants.

Six-point earthquake occurs in China's west  BEIJING, September 25 Itar-Tass - An earthquake with a magnitude of six points occurred in the Tibetan Autonomous District of the People's Republic of China on Thursday. According to reports by the Xinhua news agency, there has been no word as to whether anyone was hurt or any damage inflicted.

Auto industry to get $25 billion in federal loans  WASHINGTON -- In the next few years, consumers could see the fruits of $25 billion in government loans for the auto industry through a broader lineup of gas-electric hybrid vehicles, new plug-in electric cars and an expansion of fuel-efficient engines.

Metrovacesa Struggles to Sell HSBC Tower in London, FT Reports  Sept. 25 -- Metrovacesa SA has yet to find a buyer for a part sale of the HSBC Holdings Plc tower in Canary Wharf, the Financial Times reported.

Homeowner advocacy groups weigh in on bailout  WASHINGTON -- Homeowner advocates weighed in Tuesday on the Wall Street bailout bill, pressing Congress to include bankruptcy court relief for people unable to keep up with their mortgage payments.

DEMAND FOR NATURAL RESOURCES DROVE THE SURGE IN FDI IN LATIN AMERICA AND THE CARIBBEAN IN 2007  Foreign direct investment FDI inflows into Latin America and the Caribbean LAC rose by 36% to US$ 126 billion in 2007 figure 1, according to UNCTAD's World Investment Report 2008 . The highest g

FDI IN AFRICA HITS RECORD, AND CONTINENT HAS HIGHEST RETURNS ON INVESTMENT OF ALL DEVELOPING REGIONS  Africa received record foreign direct investment FDI inflows of US$ 53 billion in 2007 figure 1, this year's World Investment Report reveals. The region also trumped the world���s other developing

FOREIGN DIRECT INVESTMENT MAY HAVE PEAKED IN 2007, ANNUAL REPORT REVEALS  Global foreign direct investment FDI inflows rose in 2007 by 30% to reach an all-time high of US$ 1,833 billion, according to the World Investment Report 2008: Transnational Corporations and the Inf

FDI FLOWS TO AND FROM DEVELOPED COUNTRIES MAY HAVE PEAKED IN 2007  FDI inflows to developed countries surged by 33% in 2007 to a record US$ 1,248 billion figure 1, according to UNCTAD's World Investment Report 2008 . FDI outflows from these nations grew even faster

Wayne State reports 4.2% loss in students  DETROIT -- At a time when many colleges and universities around the state are basking in record-breaking enrollment, Wayne State University reported a 4.2 percent decline in its student population today.

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