Washington, D.C., United States (AHN) – Roseanne Barr has filed the official paperwork necessary to run for the Green Party nomination for president of the United States.

Barr filed her paperwork with the Federal Election Commission on Jan. 25. Her filing creates a four-way race for the Green nomination, which is to be decided at the Green Party Nomination Convention in July.

The comedian tweeted Thursday, “I am running for Green Party nominee for POTUS. I am an official candidate. I am4 the Greening of America & the world. Green=peace/justice.”

‘I will run until the convention in July in Baltimore, I fully expect Jill Stein 2b the nominee & I will support her, but till then-I’ll serve,” Barr continued in several tweets that followed her announcement.

Barr’s platform, as detailed in a tweet, is a promise to institute “#Europeanstyle” single payer healthcare within the first 100 days of her term, and to forgive all credit card and mortgage debt “by kicking out the FED-those who all this fake debt is owed.”

In May 2010, in a campaign announcement, Barr outlined a more detailed platform. “First, to make war illegal and legalize hemp and marijuana. Second, change the demographics of government to include more women. Third, outlaw–how do we say this politely–outlaw bull. Yes, that’s it. Outlaw bull.”

On the Green Party website, Barr expressed her support for the Occupy Wall Street Movement and said, “Both the Democratic and Republican parties are bought and paid for by corporate America and cater to the needs of the highest bidder as opposed to the people the claim to represent. I cannot be bought.”

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Washington, D.C., United States (AHN) – Home prices in November continued their fall from the bubble-high prices of 2006, dropping by 1.3 percent compared to October, according to the latest S&P/Case-Shiller 20-city report.

Sales prices fell for the second consecutive month in 19 of the 20 cities the index covers.

Analysts had not expected such a steep decline because mortgage interest rates remain low and the nation’s gross domestic product grew during the fourth quarter of the year.

Prices are down 3.7 percent from a year ago, and off 32.8 percent since their bubble-high peak in the summer of 2006.

“The trend is down and there are few, if any, signs in the numbers that a turning point is close at hand,” says David M. Blitzer, chairman of the index committee at S&P Indices.

Despite the low mortgage rates and growth in the GDP, other conditions are contributing to tumbling home prices.

When house prices rose to bubble highs, 89 percent or more of all working-age Americans had a job. Now, only 64 percent of Americans of working age are employed, including about 8 million who are working part-time because they can’t find a full-time job, according to the U.S. Department of Labor. Moreover, half of all Americans earn $33,000 or less per year, according to the U.S. Census Bureau.

That means there are fewer qualified buyers in the market. In part, that is because the average price of homes in many areas still exceeds three times the annual income of most Americans. Those conditions further reduce the number of buyers, which continues to exert downward pressure on home prices.

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New York, NY, United States (AHN) – Wall Street opened lower Friday after a report showed that the U.S. economy expanded less than forecast..

Just after the opening bell, the Dow Jones Industrial Average was lower by 33 points, the Standard and Poor’s 500 Index was flat and the NASDAQ was up by about 6 points.

Weighing on stocks was a report that showed the U.S. economy expanded at 2.8 percent in the fourth quarter, less than the 3 percent that had been projected.

In Europe the Stoxx Europe 600 Index slipped 0.7 percent as investors await word on developments on the region’s sovereign debt crisis. European Union Economic and Monetary Affairs Commissioner Olli Rehn said authorities are “very close” to reaching an agreement on private-sector involvement in a Greek debt swap.

Despite those words of optimism, the dismal growth of GDP in the U.S. was keeping investors cautious. The health and growth of the U.S. economy is a very important and leading indicator of economic growth worldwide. As analysts like to say, “when the U.S. sneezes, the world catches a cold.”

In corporate news, Ford fell after reporting numbers that missed estimates. Starbucks shares slipped despite reporting better than expected numbers, and Juniper Networks plunged after the second biggest maker of computer networking equipment forecast sales and profits that missed estimates.

In commodities, oil was unchanged at $$99.60 a barrel, gold rose $4.70 to $1,725 a troy ounce and silver was up a few pennies at $33.63.

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New York, NY, United States (AHN) – Wall Street opened mixed to lower Friday morning following earnings reports from General Eclectic and Google that disappointed.

Just after the opening bell, the Dow Jones Industrial Average was flat, the S&P 500 Index was down 3 points and the NASDAQ fell 9 points.

Weighing on stocks was an earnings report from Dow component General Electric. Shares of GE dropped more than 2 percent after the largest U.S. conglomerate reported roughly flat profit from continuing operations, and revenues that missed estimates.

Meanwhile, Internet giant Google tumbled more than 8 percent, or 52.38, to 586.66, after the search engine reported quarterly profit and revenue that missed Wall Street estimates. Google blamed the shortfall on declining search advertising rates.

Microsoft shares rose 3 percent after decent earnings, and IBM rose $4.87 to $185.45 after giving a strong outlook on a strong earnings report.

Investors are still keeping a close eye on developments in Europe regarding the sovereign debt crisis.

Greece and its private bondholders were “converging toward” a long-awaited debt swap deal, with an initial agreement coming as early as Friday that would prevent a default from Greece.

In commodities, oil was trading off $1.19 to $99.20 a barrel, and gold was down $1.20 to $1,652.90 a troy ounce.

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United Arab Emirates David Rosenberg (The Medi – Calling the United Arab Emirates (UAE) the world’s “least friendly” place for expatriates-well, those are fighting words. Certainly, they are in a place where non-citizens make up close to 90 percent of the population and are responsible for everything from running the national airline to cleaning up at construction sites.

But a fight is what Forbes magazine and one of its contributing writers, Beth Greenfield, got when they ran a piece putting the Gulf confederation of seven mini-states at the bottom of a list using criteria that hone in on social factors – the ability to befriend natives, fitting into local culture, learning the language and integrating into the community.

The article sparked a furious reaction, a dedicated Twitter hashtag #UAEFriendly and finally, according to local media spin, Forbes “took back” its words and conceded that Greenfield’s list was “non-scientific.” The American magazine also helped smooth ruffled feathers in a posting by Dan Bigman, its managing editor for business news, who called the UAE an “expat paradise.”

Giving advice to the businesspeople, diplomats and others living abroad is a big and important business. What with varying costs of living, standards of schools and housing, and the risk that today’s sleepy posting erupts into revolutionary cauldron, employees and employers alike need a way to compare and decide how much hardship pay one location deserves over another.

One of those measures is published by the expatriate financial-services unit of the British-based bank HSBC, and that was the starting-off point for the controversy.

The Expat Explorer Survey for 2011 survey ranks 31 countries for expat conditions based on a survey of 3,385 people in 100 countries taken last May-July (only 31 countries had enough respondents to make the sampling valid, HSBC says).

Weighing all the criteria HSBC uses – a long list of factors ranging from “nicer/bigger property” to children “spending less time playing video games” – the UAE ranked a respectable third. Last November, Mercer, a British firm that advises companies on compensation for their employees living abroad, ranked Dubai 74 and Abu Dhabi 78.

But Greenfield, citing the views of expat “coach” Heather Markel, isolated four factors from the HSBC survey she said make a place “friendly” for foreigners living and working there.

Suddenly, the UAE plummeted to the bottom of the list, along with much of the rest of the Gulf and India. Greenfield did not dwell much on the UAE’s misfortune: She made only two references to it and one of them refers to its attractions for expats as a place where people enjoy high incomes and good career prospects. Nevertheless, it didn’t take long to elicit a spirited defense of the UAE.

“Dear Forbes, Did you ever visited UAE?” asked AhmadTheFrozen. “We don’t realize how realize how friendly UAE is until we visit Europe,” commented Talib Al Hashimi. “I’ve developed a fantastic social circle and career in UAE. Who did Forbes survey? Not me!” said Brendan Ryan.

Tamim Al Kuttab asked: “If the UAE is unfriendly to expats — as Forbes says — then why are they staging their Global CEO Conference in Dubai in October?” (Good question: The Forbes Foundation, which publishes the magazine, is holding its 12th annual Global CEO Conference in the UAE’s Dubai next October.)

Annabel Kantaria. a journalist based in Dubai, wrote in a blog post for Britain’s Telegraph newspaper that if foreigners find the Emirates an unfriendly place, they have only themselves to blame.

“Is it the fault of the host country if the expats don’t have success learning the local language? Is it the fault of the host country if the expats fail to integrate themselves into the community, don’t manage to befriend locals or don’t find it easy to fit in?” she wrote. “Does that make the host country ‘unfriendly’? Or does it make the expat ‘inadaptable’? On whom does the onus lie?”

Greenfield herself did not respond at length to the complaints on the Forbes website, but a spokesman for the magazine speaking to The National downplayed the affair. “Given the UAE’s reputation as a crossroads for world commerce and culture, we were surprised by the results of HSBC’s survey,” an unnamed spokesman said in the local English-language daily. “The data is [sic], of course, non-scientific and intended only to spur discussion.”

Bigman, without making any apology, called the UAE – as well as Singapore and Hong Kong, two other tiny expat-heavy places – an “expat paradise,” friendlier to resident foreigners than his home country of America.

In fact, Khalid Al-Ameri, an Emirati, pointed out in an op-ed in The National the natives may not seem friendly because it is so hard to find one among the masses of foreigners.

Of the 8.26 million people living in the UAE in 2012, 7.31 million of them are expats, according to the National Bureau of Statistics. When the economy was booming before 2008, the expat population was even bigger, but even today, just one in 12 people are Emiratis and in expat-rich places like Dubai the ratio is even bigger.

“Because of the skewed demographics (about 10 percent of the population is Emirati), getting to know the ‘locals’ can be a tough task for any new expatriate. And in any country within a matter of days, an expatriate will find his or her countrymen, the familiar cuisine and hangout spot,” he wrote. “It is very easy for an expatriate to quickly fall into a comfort zone and go quite a while without actually interacting with an Emirati on a personal level.”

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Atlanta, GA, United States (AHN) – Oh how the tall and mighty have fallen.

Atlanta’s tallest building, Bank of America Plaza, a tower bought at the market peak, has been struggling with rising vacancy rates and a heavy debt load.

A foreclosure date has been set for the storied tower. According to a public notice, the building will go up for auction on Feb. 7.

The foreclosure auction comes three months after owner BentleyForbes Group LLC, a Los Angeles real estate firm, defaulted on its $363 million mortgage.

Since then, the company has been in negotiations to restructure its debt.

According to a statement from BentleyForbes, the company “remains committed to work with its financial partners” to stabilize the capital structure of the 55-story, 1,024-foot tower.

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New York, NY, United States (AHN) – If it sounds like you have heard this before you are right. Mortgage rates have fallen once again to a record low.

On Thursday, mortgage giant Freddie Mac reported the average rate on 30-year fixed mortgages fell to 3.89 percent in the current week. That is below the previous record low set three weeks ago of 3.91 percent.

The average on 15-year fixed mortgages inched down to an average 3.16 percent from a record low of 3.21 percent, also set three weeks ago.

Average fixed mortgage rates remained around 4 percent for most of 2011, but the record low rates did little to help the ailing housing market. Banks have been extremely tight with credit, few qualify for the record low rates and other don’t have the money to refinance.

And while foreclosure filings fell in 2011, the declines were attributed to procedural delays.

On a bright note, most experts agree that the worst of the housing market crisis is over.

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Washington, D.C., United States (AHN) – Consumer borrowing in the United States rose in November by more than analysts had expected, fueled by purchases of cars and other items.

Spending rose by $20.4 billion to $2.48 trillion, which was the largest monthly increase since November 2001, according to the Federal Reserve.

That exceeded economists’ median estimate of $7 billion.

The data suggests that consumers are borrowing again, which could signal a recovery in the economy. Consumers had saved more and borrowed and spent less since 2007.

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New York, NY, United States (AHN) – Last year was turbulent, trying and tumultuous for global stocks and commodities, And for many investors and traders, 2011 couldn’t end soon enough.

In the final trading day of 2011, the Dow Jones Industrial Average closed down 69 points, but managed to eck out a 5.5 percent gain for the year.

The closely tracked Standard & Poor’s 500 Index closed virtually flat, ending 2011 down 0.43 percent, while the tech heavy NASDAQ said good-bye to 2011 off 1.80 percent.

Commodities fared much better. Oil gained 8.15 percent in 2011, and gold was the sole double digit finisher bidding the year adieu with a stellar 10.23 percent gain.

The top three performers in the Dow were McDonalds, IBM and Pfizer. Laggards included Bank of American, Alcoa and Hewlett-Packard.

Leading gainers in the S&P were Cabot Oil & Gas, El Paso and Intuitive Surgical. Drags on the index were First Solar, Monster Worldwide, and Alpha Natural Resources.

Intuitive Surgical led the NASDAQ-100, followed by Alexion Pharmaceutics and Hansen Natural. The biggest loser in the index was Blackberry maker Research in Motion with First Solar and Netflix close behind.

Natural gas finished out the year at 2.989 per mil BTUs, its lowest level since 2009.

Gold, which closed 2011 up 10.23 percent, took a beating in December, falling as much as 10.5 percent in the final month of the year. The yellow metal peaked in August with a 33 percent rise.

While high unemployment, a nationwide ailing housing market and government gridlocks all weighed heavily on U.S. stocks, the European sovereign debt crisis was the biggest factor in equities gains and losses during 2011.

Markets were closed Jan. 2 in observance of New Year’s. Exchanges will start 2012 on Jan. 3 with normal trading hours, but volume and volatility is expected to be anything but normal.

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Rome, Italy (AHN) – Italy’s borrowing rate came down slightly at its latest bond auction, but still remained high with investors worried over the eurozone debt crisis.

Interest rates on 10-year bonds dropped by only 0.5 percentage points from the yield prices on debt auctioned in November. However, economists said that the important thing was that there were still buyers willing to invest in Italy’s government bonds.

The Italian government auctioned off $8.96 billion worth of medium and long-term debt on Thursday with interest rates of 6.98 percent on 10-year bonds.

There was better news for the costs of short and medium-term borrowing with interest on new three-year debt falling to 5.62 percent from 7.89 percent paid last month. It auctioned $11.8 billion of short-term debt on Wednesday.

It will have to auction more bonds to raise enough money within the next few months to repay $208 billion in debt between February and April.

It does not help that the euro has lost value. After the auction, the euro fell in value in currency pair trading to its lowest level against the dollar in 15 month at $1.287 before rising to end at $1.29 on Thursday.

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