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Alan Greenspan: “Worst crisis in history”

Alan Greenspan: “Worst crisis in history”

Alan Greenspan has called the financial crisis, “by far the greatest financial crisis, globally Share
2010 to witness devastating Food Crisis

2010 to witness devastating Food Crisis

According to a recent analysis by Eric deCarbonnel from MarketSkeptics.com, “overwhelming Share
Dubai brings down the world

Dubai brings down the world

The Dubai government stirred up markets this week by its decision to delay the debt payments which its flagship holding company and corporate biggie, Dubai World owes. Share
Financial crisis takes toll on Playboy, Hefner sells $25 million mansion

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
UBS posts third straight quarterly loss

UBS posts third straight quarterly loss

UBS, the largest bank in Switzerland, reported a third straight quarterly loss Share
World recession easing, sluggish recovery in sight, says IMF

World recession easing, sluggish recovery in sight, says IMF

The world is starting to pull out of its first recession since World War II, said the International Monetary Fund in its latest report released Wednesday. According to the latest report, the global economy was already stabilizing, the financial crisis...
The Financial Crisis Today, A “Recovery”? Far from it!

The Financial Crisis Today, A “Recovery”? Far from it!

While the mainstream media outlets continuously bring up the talk of “recovery” Share
Financial crisis pushes more of world’s poor into hunger, warns UN body

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
Over 1 billion people going hungry: UN agency

Over 1 billion people going hungry: UN agency

World hunger is expected to reach a record high in 2009 of 1,020 million people going hungry every day, according to the UN’s Food and Agriculture Organization (FAO). The UN agency defines hunger as the consumption of less than 1,800 calories per...
Financial Crisis Could Push More Girls Into Child Labour: UN

Financial Crisis Could Push More Girls Into Child Labour: UN

The financial crisis threatens to push more children – especially girls – into child labour, the United Nations International Labour Organization (ILO) said in a new report. Share
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