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Pope Benedict Encyclical Addresses Global Economic Crisis
In Pope Benedict’s new social encyclical, the world economy takes centre-stage. Share
Consumer delinquencies hit new highs in the US
Credit card and home-equity delinquencies have soared to record levels Share
US jobless rate soars to 9.5 per cent, 26-year high
467,000 people lost their job in June according to the latest figures released Thursday Share
Madoff sentenced to 150-year prison term
Bernard Madoff, who defrauded investors out of billions of dollars Share
The ultimate – The UN hops onto the New Multilateralism bandwagon
Raúl de Sagastizabal International Consultant, Montevideo: The international financial agencies reform bids have now been supplemented by an United Nations overhauling initiative. Additional resources, tougher powers for the Organization, are the scheme’s...
Financial crisis pushes more of world’s poor into hunger, warns UN body
The United Nations committee tasked with building alliances in the global fight against hunger has warned that the world financial crisis will aggravate malnutrition among the most vulnerable in developing countries. Share
OECD foresees “a slow and fragile recovery”
The OECD (Organization for Economic Co-operation and Development) predicts Share
MySpace to slash 300 international jobs
The social networking site MySpace has plans to lay off 300 Share
SkyEurope files for creditor protection
The Bratislava-based lowcost airline SkyEurope has successfuly filed for Share
