The Welsh farmer praying for rain

One Welsh sheep and cattle farmer found a new stream of income by harnessing the water on his land with a hydroelectric power generator and he’s now advising other land owners how to earn extra income this way. Joanna Partridge reports

 

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U.S. acts to rescue mortgage firms

Jul 14 – The U.S. government has announced sweeping measures to shore up the country’s two largest mortgage financing giants, Fanny Mae and Freddie Mac. The plan calls on Congress to increase the companies’ access to credit and allow the Treasury to purchase shares in the companies if needed. The Federal Reserve also announced that…

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