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28.04.2009, 13:27 5 comments

Recession unkind to Afro-Americans

Whites are still America’s preferred people. Afro-Americans are still America’s bottom dwellers. Hispanics are shadowing them but still maintaining their advantage – economically speaking.

Painting by Vance Vasu 24.02.2009, 23:27

Sell these flats, or Belarus will! – President warns

All commercial housing in Belarus should be sold at prices close to prime costs by the end of April – otherwise the flats will be impounded by the state and ‘sold to those in need’,President Lukashenko warned on Tuesday.

08.03.2009, 11:12

In Buck we trust?

As the global meltdown deepens, people's attitudes towards money is changing. The Resident, Lori Harfenist, takes to the streets of New York to find out whether the Big Apple believes in the dollar’s bright future.

24.03.2009, 19:49

Half of Russia’s population saves on food

As the economic crisis continues, 50% of Russia’s population have started saving on food, closely followed by clothes.

The Ithaca hours 10.04.2009, 06:56

Local US currency strengthens community

Many people call local money issued in a dozen US cities, from East Coast to West Coast, worthless pieces of paper. However, it is not just Monopoly money for the people of Ithaca, New York.

14.09.2009, 11:03

“The worst of the global crisis has passed”

Although there is still a risk of another economic recession, the worst has passed, believes John Peet, Europe Editor of The Economist magazine.

Image from utilityweek.co.uk 18.10.2010, 09:09 4 comments

UK on verge of new crisis

Public services in Britain are facing massive cuts in their budget as the government looks to fill the huge black hole in its balance sheet.

30.04.2010, 13:37 16 comments

Debt-ridden Greeks angry at defense deal

Greece faces years of painful cuts to salaries in return for a multi-billion-dollar bailout from the International Monetary Fund and the EU. The Greek finance minister called it a “choice between collapse or salvation.”

23.06.2009, 10:39 14 comments

Is Obama a Wall Street project?

Webster Tarpley, journalist, radio host and critic of the Obama administration, reveals to RT who he thinks really rules the United States.

20.04.2009, 13:03 7 comments

Crisis as a way to build a global totalitarian state

As the world financial and economic crisis comes into its own, the Western community leaders are seeking to impress on mankind the idea that this upheaval will end up ‘turning the world into something different’.

US jobless figures worsen

Published: 15 July, 2009, 11:06


Bread line statues at FDR memorial

Unemployment in the US has reached almost 10%, the highest for over 25 years, but experts and politicians disagree over how Obama's bailout money should be spent to fix the problem.

 
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