Americans think differently about housing now: Developers have cut back on speculative projects and mortgage bankers view lending standards more soberly. Another important change in attitudes emerged this week when people were asked how they feel about giving up the ability to deduct mortgage interest from their personal income taxes.
Australia is set for its longest election campaign, with Prime Minister Julia Gillard counting on a record of growth and low unemployment to overcome a shortfall in support for her minority Labor government since March 2011.
Christine Milne, whose Australian Greens party holds the balance of power in the nation’s Senate, grimaces as she recalls the day an opponent called her a “political slut” in Tasmania’s state parliament.
Tyler Brule hosts the debut episode of "Monocle" on Bloomberg Television. This week's show reports on Art Basel Miami, the changing facade of Beirut's architecture, Italian yacht-building and bespoke shoe-makers of London.