Job Cuts
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 looking as of the end of March. Social development minister Paula Bennett says the...
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You know there’s a serious economic crisis when remittances which historically have been sent from the United States to Mexico suddenly shift gears and begin...
made popular 19 hr. ago
The current global economic crisis will cause the number of poor people in Latin America to rise by 9 million to 189 million this year, the U.N. Economic Commission for...
made popular Nov 25 2009
Each day at five, staff members of the Humane Society of Elkhart County close the animal shelter and hold a meeting. And each day, like clockwork, they begin hearing a...
made popular Nov 25 2009
These days, 24-year-old Delonta Spriggs spends much of his time cooped up in his mother’s one-bedroom apartment in Southwest Washington, the TV blaring soap...
made popular Nov 24 2009
Prime Minister Vladimir Putin on Saturday vowed to continue Russia’s anti-crisis program as the economy moves out of one of the deepest recessions in post-Soviet...
made popular Nov 21 2009
The question was a plausible one Monday when it was announced that the Pontiac Silverdome — once home to the NFL’s Detroit Lions — was sold for $583,000, or about...
made popular Nov 19 2009
During the housing boom, Henry County, a suburb of Atlanta, had its share of racial tension as more and more blacks joined the tens of thousands of others pouring in,...
made popular Nov 17 2009
The eurozone escaped recession in the third quarter, with Germany’s recovery gaining strength, but the rebound was less dramatic than expected and less strong...
made popular Nov 14 2009
Hong Kong is a new target of U.S. prosecutors pursuing a global campaign against evaders of federal taxes, spurred by data acquired in their crackdown on Swiss...
made popular Nov 13 2009
In Middle East North Africa (MENA) and Frontier Conference shows the determination and vision of the His Highness Shaikh Mohammad Bin Rashid Al Maktoum. Really he has...
made popular Nov 13 2009
When US President Barack Obama visits China this weekend, he will encounter a rival that sees the financial crisis as more of an opportunity than a threat. America, on...
made popular Nov 12 2009
The British government announced Tuesday that it will break up parts of major financial institutions bailed out by taxpayers, highlighting a growing divide across the...
made popular Nov 4 2009
The Tourism Minister, Mohammed Boussaid, said to Morocco’s national TV channel that the number of tourists visiting Morocco has increased 5% in the year to...
made popular Oct 26 2009
Argentina plans to launch a new debt swap, which it hopes will end a long-running saga that started from a massive default eight years ago.
Latin America’s...
made popular Oct 24 2009
With the global recession making consumers and businesses more price-conscious, China is grabbing market share from its export competitors, solidifying a dominance in...
made popular Oct 14 2009
Cuba’s workplace cafeterias are closing, President Raúl Castro keeps saying the well-off shouldn’t get the same subsidies as the poor, and now there are...
made popular Oct 14 2009
Walk through Gort in western Ireland any weekday morning and you see them standing around in twos and threes.
As many as 20 men will be waiting in the town square...
made popular Oct 8 2009
But one number is looking up: Births through mid-August at Reykjavik’s biggest hospital, which delivers 70% of Iceland’s babies, rose 3.5% over the same...
made popular Sep 30 2009
As part of the Huffington Post’s efforts to bear witness to the effects of the current economic environment on ordinary Americans, we’re rounding up some of...
made popular Sep 30 2009
Economic crisis has wider impact than one can think of. Everyone takes it as a bane but it’s a boon too, though fewer the cases may be. Recession has led to the fall...
made popular Sep 29 2009
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Insurance sector is one of the fast growing sector in India, lot of players are around now these days like Birla Sunlife, HDFC Insurance, HSBC Canara, Star Union...
made popular Apr 20 2009
The New Zealand Herald has revealed some interesting figures about executive pay. For example the chief executive of Sealords had a 231 per cent increase last year, to...
made popular Apr 13 2009
The worst is yet to come in Indian Economy: Moody. These are prediction came recently in news by the Moody because they are predicting the Indian GDP.
There are many...
made popular Mar 30 2009
Uganda’s central bank whose governor has been always quoted saying that the nation would not be affected by the global financial crisis, is finally feeling the...
made popular Mar 28 2009
As the global economic crisis continues to wreak havoc on many industries, the tech sector which had previously been seen by some analysts as recession proof is...
made popular Nov 19 2008
The move aims to cut $700 million to $800 million a year in labor costs starting at the end of 2008.
made popular Jan 18 2008
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