NATO military exercises planned over Baltic States

NATO has announced plans to carry out military exercises over Latvia, Lithuania and Estonia later this month. The exercises will represent “the most recent demonstration of NATO solidarity and commitment to its member countries in the Baltic region”,...

US loses 216,000 jobs in August, jobless rate 9.7 pct.

In the US a total of 216,000 jobs were shed in August, slightly lower than July’s Share

3.3 million workless households in the UK

At least one in six homes in the UK have not got one person employed Share

34 million Americans received food stamps; record high

In April, GlobalCrisisNews.com reported on the use of food stamps in the US Share

US witnesses unexpected rise in new jobless claims to 576,000

New jobless claims for unemployment benefits rose unexpectedly for the second straight week Share

6 million jobless in the UK, new research reveals

Six million people are out of work in the United Kingdom Share

Financial crisis takes toll on Playboy, Hefner sells $25 million mansion

Playboy magazine founder, Hugh Hefner is reported to have sold his English Manor mansion Share

U.S. Initial Jobless Claims Drop To 550,000

The number of Americans filing new claims for jobless benefits fell more Share

Toyota loses $819 million, sales collapse 38 per cent

The Japanese car maker Toyota has reported a loss of $819 million Share

UBS posts third straight quarterly loss

UBS, the largest bank in Switzerland, reported a third straight quarterly loss Share