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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’.

25.06.2009, 20:42 7 comments

Is California going bankrupt?

California, America’s most populous state, has a projected $24.3 billion budget deficit for the coming year, and may start issuing IOUs starting next week.

US no longer 'Land of Opportunity'?

Published: 11 April, 2009, 10:31

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TAGS: Crisis Chronicle, USA, Economy


Well over half a million students from around the world choose to get their qualifications in the US. But these days many decide that life after college will be better back home.

The best and brightest of the overseas students have always stayed, knowing that this is where dreams have a chance.

However, with an economic crisis in full force, it looks like times are changing.

Indira Shokparova is in the U.S. on a government scholarship from Kazakhstan. While she feels lucky to have studied at American University, she’s heading back to her native country.

She says: “I want to go home and live there, and help my country develop. It’s developing very fast now. They just need more people to help who have a good education."

Youn Youn Song – a student from China – also values her time in Washington DC. She studies International Relations at American University. While millions of her compatriots could think of no better place to pursue a career, she will go elsewhere to look for work.

"China is also severely affected by the economic recession, but still it’s a little better in China than it is here. My American classmates who graduated last year are still hunting for jobs,”she said.

These concerns echo for many college graduates, as unemployment rates continue to climb.

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Lisa Persdotter (L) and her husband, US billionaire space tourist Charles Simonyi 11.04.2009, 02:45

Love ends career of astronaut tourist

Two astronauts and a space tourist have been commenting on their experience in orbit after returning from the International Space Station.

13.04.2009, 09:08 8 comments

“U.S. mainstream media isn’t interested in finding the truth”

The mainstream U.S. media isn’t helping in the search for truth, says Luke Rudkowski from the social justice movement 'We Are Change'.

eddie krall November 20, 2011, 01:39
0

greetings:  just a suggestion...why not help bring more direction to the occupy movement with some more reports on what healthy economies are doing now, like sweden and denmark?  didn't gorby what to make russia like a sweden?  what are they doing that the rest of the world seems to be ignoring?  just a thought...