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4:29 am
Sat January 5, 2013

'Death Of Bees' Captures A Grim, Gory Coming-Of-Age

Originally published on Sat January 5, 2013 8:59 am

The Death of Bees is a story about two young girls living in a Glasgow, Scotland, housing project. And if you believe the first sentences of a novel are often the most difficult to write, try this beginning paragraph:

"Today is Christmas Eve. Today is my birthday. Today I am fifteen. Today I buried my parents in the backyard.

"Neither of them were beloved."

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World
4:28 am
Sat January 5, 2013

London Real Estate, A Magnet For Mega-Rich From Around The Globe

Foreign buyers are pushing the prices of prime London real estate through the roof. Neighborhoods such as West London, Kensington and Chelsea are particularly popular.
Bloomberg via Getty Images

Originally published on Sat January 5, 2013 8:59 am

Looking for a London pied-a-terre? How about a four-bedroom duplex overlooking Hyde Park? It could be yours, if you're prepared to spend $25 million.

In most of the United Kingdom, property prices are slumping. But in some of London's most upscale neighborhoods, they're going crazy.

Robin Perona sweeps the sidewalk at Egerton Crescent, a gracious semicircle of white townhouses in fashionable Chelsea.

In the 1990s, they cost about $700,000 each. Today the average price is some $13 million — or 8 million British pounds.

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It's All Politics
4:28 am
Sat January 5, 2013

Often Written Off, Biden Has Long List Of Deals To His Name

Vice President Joe Biden leads the first meeting of the working group to explore solutions following the Newtown shooting with Philadelphia Police Commissioner Charles Ramsey and other law enforcement leaders on Dec. 20.
Chip Somodevilla Getty Images

Originally published on Sat January 5, 2013 8:59 am

When President Obama finally announced a fiscal cliff agreement late Tuesday night, he thanked several people who had worked to get a deal.

The first one he mentioned by name was the man standing next to him at the podium: "my extraordinary vice president, Joe Biden."

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It's All Politics
4:28 am
Sat January 5, 2013

As The Capitol Turns: Little Has Changed In Congress' New Season

House Speaker John Boehner swears in the newly elected members of the 113th Congress on Thursday.
Mark Wilson Getty Images

Originally published on Sat January 5, 2013 8:59 am

This week saw both a frantic finale to the much-unloved 112th Congress and, hours later, the swearing in of the new 113th. The cast of lawmakers and their leaders is mostly unchanged. The same can be said for Capitol Hill's never-ending drama over taxes, deficits and spending.

What was arguably this week's most sensational congressional moment did not even take place in Washington. On Wednesday in Trenton, N.J., Republican Gov. Chris Christie blasted the GOP-led House for closing down the last Congress without even considering a Superstorm Sandy disaster relief bill.

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World
4:28 am
Sat January 5, 2013

Germany's Housing Market Is Hot. Is It Overheating?

Berlin's Prenzlauer Berg neighborhood, like many others across the city, is experiencing a real estate boom. Housing prices have risen by as much as 20 percent in the past year in some German cities.
Adam Berry Getty Images

Originally published on Sat January 5, 2013 8:59 am

Few Western countries are as conservative about home ownership as Germany, where less than half the country's citizens own property.

German banks have tough lending rules. Would-be buyers are usually asked to provide hefty down payments to secure mortgages, meaning few Germans even think about buying a home until they are settled and financially secure.

But the European debt crisis appears to be changing the traditions around home ownership. The resulting surge in homebuying, some officials warn, is driving prices too high and threatens the nation's economy.

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