analysis

"From 'tea party' protesters to antiwar advocates, Americans on all sides of the political spectrum seem angry about something. But for all the tumult, the disaffection today is far less than in many periods in the past." - Christian Science Monitor

The rate at which residential property prices are dropping in the US may be slowly coming to a halt across the country but are unlikely to rise in the near future, according to analysts.

U.S. President Barack Obama received the Dalai Lama at the White House Thursday despite objections from China. During the talks, Obama expressed his support for Tibetan rights. China, which regards the Dalai Lama as a separatist, called the meeting a "violation of US policy on Tibet". Although the White House downplayed China's concerns, it organized a low-key meeting in the Map Room avoiding the symbolic power of the Oval Office.

ANALYSIS: The developer’s mid-noughties spending spree on commercial property left him badly exposed to prices crash