- Newsmaker: Israel Marches into Bethlehem
Egypt has suspended ties with Israel as the siege of Bethlehem continues and some 200 Palestinian gunmen have taken refuge in the Church of the Nativity. James Bennet, Jerusalem bureau chief for The New York Times, is in the old city. Bennet updates American evacuation efforts as well as negotiations to draw gunmen out of the church that is said to have been the birthplace of Christ.
- Reporter-s Notebook: How Houses, House Prices May Have Saved World Economy
Even after September 11, the deep recession so widely predicted has not materialized, and the US economy is rapidly recovering from the burst of the dot-com bubble. This week-s Economist has a provocative explanation. Pam Woodall, the magazine-s economics editor, credits home purchases for helping restore consumer confidence.
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