Beleaguered British Prime Minsiter Gordon Brown, under pressure to quit from members of his own party, was bracing himself for a potential new wave of troubles Sunday as counting began in European Elections. Voting in the UK is expected to be dominated by dissatisfaction with Brown’s Labour government and its handling of the economic crisis and a recent scandal over politicians’ expenses. Brown’s authority suffered heavy blows last week as he was forced to reshuffle his Cabinet following the resignation of several key Cabinet ministers, some of whom urged him to step down.
Tag Archives: economic
Global unemployment: green shoots and pink slips
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
Bush defends interrogation program in Michigan speech
Former President George W. Bush on Thursday repeated Dick Cheney’s assertion that the administration’s enhanced interrogation program, which included controversial techniques such as waterboarding, was legal and garnered valuable information that prevented terrorist attacks. Bush told a southwestern Michigan audience of nearly 2,500 — the largest he has addressed in the United States since leaving the White House in January — that, after the September 11 attacks, “I vowed to take whatever steps that were necessary to protect you.” In his speech, Bush did not specifically refer to the high-profile debate over President Obama’s decision to halt the use of harsh interrogation techniques
The Montana Town That Wanted to Be Gitmo
The coils of razor wire glint in the prairie sun like silver tumbleweeds piled against the tall chain-link perimeter fences of the forlorn Two Rivers Detention Facility in Hardin, Montana.
Violence mars some May Day festivities
Traditional May Day celebrations to recognize the achievements of organized labor turned violent in some cities Friday, as workers decried government efforts to deal with the economic downturn.
On the Road Again: the Global Recession Scatters Workers
During China’s boom years, the lure of Beijing was irresistible for tens of thousands of South Koreans. With trade and investment between China and South Korea soaring, businessmen flocked to the Chinese capital seeking their fortunes; students, eager to learn Chinese, flooded into local universities. They collected in areas like Wangjing, an upscale neighborhood in the city’s northeast, where some 80,000 Koreans settled
Southern province a gauge to China’s economy
For gauging the economic health of China, Guangdong province is a canary in a coal mine. Double-digit growth rates in China are now a thing of the past. The nation’s first quarter gross domestic product grew 6.1 percent, the government announced Thursday — down from 10.6 percent a year ago.
Obama says economy improving but hard times ahead
President Obama said Tuesday that recent stimulus measures "are starting to generate signs of economic progress," but more tough times are ahead. The White House described Obama’s speech as a major address on the economy.
It’s High Time
For the past several years, I’ve been harboring a fantasy, a last political crusade for the baby-boom generation.
Analysis: Crisis may lead to new world order
Can this G-20 summit prove to be anything more than group therapy for a bunch of fingernail-gnawing, troubled individuals? The prospects are not good