Despite talk of economic "green shoots," more people around the world received pink slips last month. The jobless rate climbed to 9.2 percent in the 16 Eurozone nations of the EU, the highest rate in a decade
Tag Archives: crisis
Amnesty: Economic troubles heighten rights abuses
Global economic troubles are fueling a human-rights crisis, Amnesty International warned as it released its "Report 2009: State of the World’s Human Rights" on Thursday. “The economic downturn has aggravated abuses, distracted attention from them and created new problems,” Amnesty Secretary General Irene Khan said in a news release. “In the name of security, human rights were trampled on
China’s Public-Works Programs
Guizhou province, in southwestern China, is a place of striking natural beauty: jagged peaks surrounded by fields of bright green rape, ridges slashed with limestone outcrops and plunging waterfalls.
Peter Schiff’s Financial Predictions
Correction Appended May 22, 2009Peter Schiff is loud–a decibel or 12 above everybody else. And it’s hard to get him to stop talking.
What will save rock ‘n’ roll?
Steven Van Zandt did not mince words. “I want to spend just a minute on a topic that never ever gets discussed in the music business — the music,” the Bruce Springsteen guitarist and “Sopranos” star said in a speech to the SXSW music and arts festival in March
Report: Court rules against Ferrari in F1 dispute
Ferrari have failed in their bid to obtain an injunction against the International Automobile Federation (FIA) and their decision to introduce a budget cap into Formula One from next season. Following a one-hour hearing at the Tribunal de Grande Justice in Paris, judges sided with FIA president Max Mosley’s organization, the British Press Association reported Wednesday
Ferrari await court verdict in F1 dispute
Ferrari will learn on Wednesday whether they have been successful in obtaining an injunction against the FIA and their decision to introduce a budget cap into Formula One next season.
Election Unlikely to Ease California’s Budget Crisis
Another moment of truth has arrived for California. Back in February, the budget deal crafted by Arnold Schwarzenegger and the state legislature temporarily kept the Golden State financially solvent. In Tuesday’s special election, the electorate must choose among a range of propositions aimed at solidifying that compromise and helping shore up California’s shaky finances
Elephants suffering in Mali drought
The bodies of young elephants covered in the brown dirt of dried-up wells tell a heartrending story.
Q&A: The return of the Russian superpower?
From the uncertainty that followed the break-up of the Soviet Union, a newly invigorated Russia has emerged, displaying unprecedented political, military and economic confidence that has, at times, put it on a collision course with the West. With no sign of strongman Vladimir Putin taking a political backseat, Russia looks set to continue its bid to regain superpower status, providing its citizens can endure the crippling impact of the global financial crisis and shrug off fears that their newfound freedoms, outlook and relative prosperity will be short-lived