U.S. retail sales fell 9.4 percent in March

US retail sales fell unexpectedly Share

Industry survey confirms worsening recession

As we come to the end of January 2009, with President Obama in office and stimulus packages as well as bailouts well under way Share

Brazil loses 654,000 jobs in December

Brazil saw 654,000 jobs lost in December as the global crisis hits Latin America’s larget economy. The countries worst affected sectors were industry, agriculture and construction. Share