breakingnews
15.10.2008, 17:50
Prosperity is more than just a dollar value. The vast majority of people live “average” lives, which are, practically by definition, “simple” lives. Nonetheless, figures can be illuminating. For instance, slightly more than a third
17.10.2008, 14:51
The liquidity crisis is spreading to Russia's retailers, forcing them to cut back on expansion and possibly a wave of consolidation. Just like the banks, retail players may also get support from the government – with First Deputy Prime Ministe
19.10.2008, 04:46
The past week has been a tough one for Iceland. The island of 300,000 people has so far been the most serious state victim of the global credit crunch. Its economy has nosedived after years of prosperity, with its banks virtually collapsed and currency de
22.10.2008, 05:14
The Russian government has added $US 6.7 billion of liquidity to the markets and set aside the same amount for the next year in a bid to stabilise the economy. But despite Tuesday’s move there have been reports of some Russians buying dollars and euros in
23.10.2008, 09:28
Vladimir Putin says exchanging roubles for dollars is a “doubtful venture” because of uncertainty over what the dollar could do next. The Russian Prime Minister was speaking in an attempt to calm fears over the stability of the currency which
06.11.2008, 12:43
A group of migrants turned to cannibalism in a desperate bid to stay alive after their boat was cast adrift in the Caribbean. Four people out of 22 made it through the two-week ordeal.
28.11.2008, 18:16
The population is dalling catastrophically, life expectancy is not rising and in the regions “social and economic deserts” are huge, reports British weekly magazine The Economist. The number of citizens of working age will only decrease, and i
Published: 19 October, 2008, 12:53
With the financial crisis raging, and the threat of recession looming, the British government says it can’t support immigration at its current level. Political analyst John Bourke looks into the implications of the move.
