U.S. unemployment rate hits 26-year high

The U.S. unemployment rate hit a 26-year high in March Share

Worst crisis in 100 years says UK politician

The UK Children’s and Schools secretary Ed Balls, has warned that the world is facing its worst recession in over a century, Share

UK recession: it’s official

Analysts annouced Friday that Britain has officially slipped into recession. Latest figures Share

Economic crisis threatens exports and growth

As the global economic crisis takes its toll on countries around the globe. as well as their automakers, banks, construction and property firms, the latest victim of the economic crisis is world trade. Share

2008 a crisis of superlatives, 2009 doomed to follow those steps?

For most citizens around the globe, the year 2008 was a year of record proportions. Unfortunately, the records that were broken were all on the negative side. Share

2008 sees gigantic drop in the US stock market

The year 2008 is coming to an end. The two most memorable events this year that will probably go down in history books include Share

World faces “total” financial meltdown

The AFP reports on the interview the governor of the Bank of Spain held with El Pais on Sunday: “The governor of the Bank of Spain on Sunday issued a bleak assessment of the economic crisis, warning that the world faced a “total” financial...