Donald Trump- loosing his reality show and golf plan by Romana Schlesingerova

Who wouldn't know his name? He is an icon of an American show business. As much as he had been trying, his interests were going badly. The major surprise and breakthrough caused the termination of his reality show The Apprentice, which made him from a less known millionaire to the best known millionaire. The show lost a major base of viewers and Trump outruned NBC, that was considering to opening the program for the next season. Trump did as best as he could- left. The Apprentice was a hit in 2004, with over 21 million spectators, considered as one of the most successful TV shows on American market. In the next two seasons, the number of viewers decreased and by the end of the sixth season, lost more than two thirds of them. Donald Trump is now disappointed again. Scottish authorities rejected his plan for a new 2 billion golf center. That had to include two championship golf courses, around 1000 homes, a luxury hotel and 36 exclusive golfing villas. "We are extremely disappointed and extremely surprised," told Trump for an interview with Reuters. "We feel the council has let down the people of Aberdeenshire in a big way. We will take a few day to reflect on our position." As we know Donald Trump, his decision will be an extreme one, as always. He will either leave the business with pride and dignity as he left his TV show, or he will turn it into a front page article in some kind of glossy magazine. And you will for surely read it.

related story: http://news.yahoo.com/s/ap/20071129/ap_on_re_us/stewardess_retires;_ylt=AuZanSSfgPk92tBh8k6YflWs0NUE

by Romana Schlesingerova for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

More homeless in Detroit ? by Eva Matova

Even after decades of years the US government has not managed to find a suitable solution to Detroit's housing problems. The report compiled for the U.S. Conference of Mayor released this Tuesday has shown that the problem of housing in the city may get even worse as the negative effects caused by the unwanted situation in the city will probably lead to foreclosures. The report also stated that the negative effect of housing problem may result to a decline of the US gross domestic product and also in property values in the city. According to The Detroit News "in 1992 the housing commission in Detroit was rated the worst in the nation" and it has not improve a lot since then. The number of homeless in Detroit circulates between 5000 and 13000 inhabitants and unfortunately the situation is not going to change soon. In spite of many nonprofit organizations providing housing for homeless in the city, there is a thread that the actual number of people living on the street will rise. Hopefully, the recommendations which are going to be presented at a Conference of Mayors in January 2008 will lead to finding an acceptable way of solving the problem in Detroit.

by Eva Matova for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

TV and Real-Estate by Lucia Mitrova

Imagine, you finished you studies, are about to find a job, what do you thing is going to be the next step? Or you found your significant other and you want to start brand new life together? Or you just had another bad, I mean really bad, family fight, and you know you have to move somewhere else (not just) in your life. The answer is, you have to find yourself a living, a place to be, a new home. But it's not going to be easy. If you have a family you are very probably going to look for some nice house in suburbia, with polite neighborhood (like redhair lady that bakes cookies so delicious) and nice green lawn to mow. If you are about to start your life on your own you might look not only for a new place but also(depending on your salary) for new roommates. You might end up living like Friends did, but the apartment is going to be slightly less spacious and your new inmates will be slightly less funny (and lets hope less crazy too). This will be all in all a nice story, but if you remember others TV shows, for instance Melrose Place, you know life is not always a fairy tale. You might end up living with mad doctor (yet very sexy), or possessive and dangerous boyfriend (again very sexy) or commanding boss of yours (there are no ugly people in TV shows). And one peaceful morning you might find a dead body in your pool (do not move in to the apartment with pool!). Another way is inspired by 90210 fellas. You don't have to move out, just wait when your parents do that! However, if you really not the patient one, there are some good new for you. Home price are dropping like never before so that might be your chance.

related story: http://news.yahoo.com/s/nm/20071127/bs_nm/usa_economy_homes_index_dc;_ylt=AlMdXas6SlEw.s_c4DYJxC6s0NUE

by Lucia Mitrova for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

Living on a Credit Ain"t Right by Barbora Kasparova

Long gone are the times when one needed a thick cash to be able to buy property or anything of a higher value. In recent period people have raised their expectations altogether with their standards of living, but somehow forgot that there's a need to raise their incomes as well. The current in the mortgage market in the USA is alarming. Not only because of the troubles the individuals are facing, but also due to the impact it has on the economy as a whole. Somehow it reminds of the situation of the non-bank subjects in Slovakia. People were lured to invest money and then left with nothing. This is very different, of course. However, the one thing that is common is human foolishness, and greed. If anything sounds too good to be true, why don't we question it? Why do people fall into the hands of the subprime mortgage lenders like Countrywide? Is the fulfilling the American dream really worth it? Americans are too used to be living on credit that sometimes they oversee the risks it brings. Or they find out only when it's too late. And when an unexpected situation like loosing of a job occurs, then it's usually late to revise. An appeal for the masses is clear & learn from the mistakes of others, since it is far less painful.

related story: http://news.yahoo.com/s/ap/20071124/ap_on_bi_ge/doomsday_scenario;_ylt=AhoODfOekYTefO7h25iNLQCs0NUE

by Barbora Kasparova for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

Foreclosures on bid by Claudia Sonea

In the third quarter many US homeowners forced themselves to pay their mortgages, but according to a mortgage data company statement on Thursday the number of foreclosures doubled. One foreclosure filing for every 196 households in the nation represents the largest year-over-year increase in the history, 33.9 percent higher than the second quarter figures. Due to the fact that many people could not afford to pay their mortgages, especially in Massachusetts, Michigan, Ohio, Colorado, Arizona, Georgia, Indiana and Texas, there were many foreclosures filling like notices of default, auction sale notices or bank repossessions. A total of 635,159 filings was reported in the third quarter and RealtyTrac CEO James J. Saccacio that since the company began issuing foreclosure filing reports August and September accounted for the highest monthly totals. But it comes as no surprise due to the continuing weakness in home sales. Mortgage lenders are facing difficulties especially because the interest rates have increased and they receive a lot of defaults. Initially the loan was attractive because the interest rates kept a low monthly payment. Now they are stuck, they don't afford to pay their monthly payment, not to sell their houses due to home sales in decline and prices down or flat in many regions. According to RealtyTrac Nevada, California and Florida had the highest foreclosure rates. The market is very unstable and the housing slump has negative effects on the economy and people's wealth. Fed's decision to increase interest rates was benefic for investors, still for common people who have mortgages to pay, it proved to be lethal. Will there be changes soon? Stay connected and wired to the latest news.

related story: http://news.yahoo.com/s/ap/20071101/ap_on_bi_ge/foreclosure_rates;_ylt=AmUK_sVv.Wmo5gbyXBvrY2.s0NUE

by Claudia Sonea for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.