Ericsson profits drop 92 per cent, 1500 jobs to be cut
Ericsson unveiled plans Monday, to cut 500 jobs as the telecommunications giant announced a huge More...
Recession in Brazil ends, GDP grows 1.9 per cent
According to the latest figures released Friday by the Brazilian Census Bureau (IBGE) More...
New Report Declares “The Global State of Emergency”
A recently published report by the RC-Institute for Global Individuation, declares “The Global State of Emergency” warning that: “Humanity has 9 years left to take drastic measures.” More...
Toyota loses $819 million, sales collapse 38 per cent
The Japanese car maker Toyota has reported a loss of $819 million More...
Billionaire Soros says worst of global crisis is “behind us”
Billionaire George Soros says the worst of the global financial crisis is over More...
Global financial crisis: How New will the New Multilateralism be?
It is safe to assume that many common people of yore might have believed – with typical end-of-tragedy romanticism, that postwar multilateral institutions heralded the advent of an era of understanding among More...
France threatens to walk out of G-20 summit
Just days before the leaders of the G-20 are to meet in London to More...
Developing countries need $1 trillion to weather the financial crisis
At least $1 trillion is needed to help developing countries get through the global financial crisis More...
IMF to provide Serbia with 3 billion euros
The International Monetary Fund announced Thursday it had granted Serbia More...
Hungary PM resigns over financial crisis
Hungarian Prime Minister Ferenc Gyurcsány surprisingly More...




