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06 April 2010

Bubble markets: The secret to Texas' success

Negative equity, regardless of loan type, is a significant driver of defaults, particularly in the presence of high unemployment rates. Combine Texas' low unemployment rate with the absence of a bubble and you end up with a low default..

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Everything we know about the Louvre jewellery heist

Thieves wielding power tools broke into the world's most visited museum in broad daylight, before escaping on scooters with eight extrem...