soldiers were killed in an attack on a combat outpost in southeastern Paktika province on Saturday.Three British soldiers were killed in roadside bomb blasts and a rocket grenade attack at the weekend in Helmand.All three died in operations near Gereshk, Helmand's main industrial city in the Helmand River valley where the U.S. Marines are the biggest wave of 17,000 new combat troops ordered into Afghanistan by U.S. and NATO-led troops in Afghanistan and to destabilize President Hamid Karzai's Western-backed government.Washington is pouring in extra troops in part to ensure security for August 20 presidential elections, the second in Afghanistan's short history as a democracy.Two U.S. Germany has about 3,700 troops in Afghanistan, most of them in the north.In eastern Paktia, another U.S. soldier was killed during an engagement with insurgents, a U.S military spokeswoman said.NEW STRATEGYThe U.S. Northern Afghanistan is considered relatively safe compared with Taliban strongholds in the south and east.Kunduz police chief Abdul Razaaq said two Afghan civilians were also killed Chief Petty Officer Brian Naranjo, a spokesman for U.S.
forces in Afghanistan, confirmed the dead soldiers in Kunduz were American but gave no further details."There was a joint police and NATO patrol which was hit by a roadside bomb to the east to the city," Razaaq told Reuters.The Taliban claimed responsibility for the attacks in Kunduz and Kandahar, Taliban spokesman Zabiullah Mujahid said.German Defense Ministry spokesman Thomas Raabe said in Berlin a NATO team training Afghan forces was traveling in an armored humvee vehicle when it was hit by the bomb. military spokesman said.Kandahar is adjacent to Helmand province, where thousands of Marines launched a new assault last week to wrest the initiative from the Taliban in a province which supplies most of the opium poppy that funds the insurgency.The roadside bombing in Kunduz province was the worst security incident involving foreign troops in the north for several weeks. KABUL (Reuters) - Seven U.S. soldiers were killed in attacks across Afghanistan on Monday, including four in one bombing in the north, amid a spike in violence as the U.S. military pushed ahead with a big new offensive, officials said.
WorldIn southern Kandahar, a suicide bomber also killed two people when he drove a car packed with explosives toward a line of truck drivers waiting to supply foreign troops at a key base in a province long considered the heartland of the Taliban insurgency.In Zabul, north of Kandahar, two more U.S soldiers were killed by a roadside bomb, a U.S. The leaders of the G8 will meet with leaders of severalemerging economies such as Mexico, India and African nations inthe central Italian town of L'Aquila this week. Global recoveryplans are expected to be the main focus of the talks (Reporting by Randall Palmer and Louise Egan. Writing by KaYan Ng; Editing by Peter Galloway) Bonds Russia France Italy Japan Mexico. OTTAWA, July 6 (Reuters) - There is strong interest byseveral countries to keep the Group of Eight as the core worldleadership group, a senior Canadian government official said onMonday.
Bonds | Russia | France | Italy | Japan | Mexico The Group of Eight is made up of the United States, Japan,Germany, France, Britain, Italy, Canada and Russia, and itsmeetings frequently include the participation of leaders ofother major economies, the official said. Eastern Time.This presentation is being webcast and can be accessed at Brands Corporation is a portfolio of global direct sellingcompanies, selling premium innovative products across multiple brands andcategories through an independent sales force of 2.3 million.Product brandsand categories include design-centric preparation, storage and servingsolutions for the kitchen and home through the Tupperware brand and beauty andpersonal care products for consumers through the Armand Dupree, Avroy Shlain,BeautiControl, Fuller Cosmetics, NaturCare, Nutrimetics, Nuvo and Swissgardebrands.SOURCETupperware Brands CorporationTeresa Burchfield, +1-407-826-4560. "We have observed increases in loss severities and weexpect them to continue to rise until we reach the trough ofthe market value decline, which we believe will be in the firsthalf of 2010," S&P said in the report. Loss severities, which include the costs to foreclose andliquidate a home and declines in property value, are expectedto rise to 70 percent for 2006 and 2007 subprime bonds and 60percent for Alt-A bonds issued in those years, S&P added Someseverities have already exceeded 100 percent, it said. S&P boosted loss projections for subprime loans made at thepeak of the market in 2006 and 2007 to 32 percent and 40percent from 25 percent and 31 percent, respectively. For 2005loans, loss projections rose to 14 percent from 10.5 percent.
For Alt-A loans, which were made to borrowers that providedreduced proof of their ability to repay, loss projections for2006 and 2007 mortgages rose to 22.5 percent and 27 percentfrom 17.3 percent and 21 percent, respectively. S&P expectsAlt-A loans from 2005 to post losses of 10 percent, up from itsprevious estimate of 7.75 percent. The more dire assessment will likely "significantly impact"bonds originally carrying AAA ratings, S&P said in a report. Increased assumptions for total losses on subprime andAlt-A residential mortgage-backed securities come amid declinesin market value of the debt and a surge in the inventory ofbank-owned properties, S&P said. It is another blow to investors who are already sufferingfrom downgrades to their portfolios over the past two years asthe housing market fell to the weakest levels since the 1930s.Many bonds are trading for cents on the dollar as investorsvalue them based only on remaining interest payments that maybe received. District Court forthe Southern District of New York (Manhattan) (Reporting by Lilla Zuill, editing by Gerald E McCormick) Stocks China Russia. (Recasts lead, adds details and S&P comment) Bonds NEW YORK, July 6 (Reuters) - Standard & Poor's on Mondayboosted its expectations for losses on risky loans backing U.S.mortgage securities to as much as 40 percent, suggesting adarkened outlook for the troubled housing market.