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After the US financial institutions created a sub-prime lending mess by giving easy loans to unscrupulous borrowers that resulted in a credit crunch sliding the economy into recession, discussions are now underway on how to stem the current crisis. The.
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The Press is reporting that migrant workers made redundant are being forced out of New Zealand in droves or ending up destitute on the streets. Mike Bell, director of...
made popular Jul 6 2009
New Zealand’s government has struck an exclusive deal with fast food giant McDonalds. Young people receiving the unemployment benefit will be sent to jobs with...
made popular Jul 2 2009
World unemployment is rising and world poverty too. The West mostly is suffering from unemployment during the world recession, while the developing suffering much more...
made popular Jun 23 2009
Except the agricultural sector, Pakistan’s economy is on a decline in all sectors, concludes a survey launched in the federal capital Islamabad on Thursday.
The...
made popular Jun 12 2009
“He promised we are going to get back our jobs,” said Godfrey Goodman, a laid-off union bricklayer from this bustling township, offering up this reason for his...
made popular Jun 11 2009
We should be wary about the rise of the far right but not panicky. Even though I write commentary pieces for the Daily Mail, I am not given to hysteria. I don’t...
made popular Jun 10 2009
It may be difficult to say who “won” the European elections, but it is clear who lost. From France to Poland – and spectacularly in Britain –...
made popular Jun 9 2009
If the recession has nothing do with your bling-bling shopping habits, you need to take a look at this shimmering door set that asks for a whopping €25,000 (about...
made popular Jun 9 2009
Recession has an overall effect and everybody is affected badly in some ways or the other. However, there is one demographic that seems to have been hit less hard by...
made popular Jun 8 2009
The Russian nesting doll, the pride of a nation, is in trouble. For more than 200 years, the matryoshka has come to symbolise Russian handicraft at its finest, the...
made popular Jun 1 2009
When Ken Preston went organic on his dairy farm here in 2005, he figured that doing so would guarantee him what had long been elusive: a stable, high price for the milk...
made popular May 29 2009
The global economic downturn has aggravated human rights violations and distracted attention from abuses, Amnesty International said on Thursday.
The world faced a...
made popular May 28 2009
President Jacob Zuma’s new government faces a tough ride as South Africa slides into recession amid mounting pressure from public servants demanding better wages,...
made popular May 27 2009
In 1982 it was a war in the South Atlantic. In 2009 it has been moats, manure and the flipping of houses. Different mechanism, same outcome: the economy has been taken...
made popular May 27 2009
While speculation seems to continue regarding the spending habits of the uber-rich in these recessionary times, there’s still a strata of the society who is spending...
made popular May 14 2009
In the times when the recession is gripping the world hard, no measures seem to provide the world with speedy recovery. In such a situation, Islamic finance is what...
made popular May 12 2009
Up to 200 people face redundancy at the Ministry of Social Development, the ministry responsible for social welfare and student loans, in a “structural...
made popular May 12 2009
Jordan is considered to be one of the most successful Arab countries in the area of human development, yet it is facing a serious problem of a relatively large...
made popular May 9 2009
With several islands off the Great Barrier Reef being “foreclosed” due to filing for administration, Reuters news agency has reported that now is the best...
made popular May 8 2009
New Zealand’s unemployment rate is now 5.3%, the highest in 6 years. The latest Household Labour Force Survey shows 115,000 people out of work but still actively...
made popular May 7 2009
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