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24.10.2008, 09:27

Big Apple rotten at the core?

New York City Council has agreed to let its mayor, Michael Bloomberg, run for a third term in office. Beyond City Hall the decision has been met with resistance, with the council being accused of breaching public trust and acting undemocratically.

Nightmare on Wall Street as U.S. debt hits record high

Published: 11 October, 2008, 09:17


The United States has the highest level of foreign debt in the world, which has nearly doubled during the Presidency of George W. Bush. The country’s national debt has also just reached its ultimate high.

 
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