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

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...

Spain experiences huge rise in unemployment

 AP reports that Spain is hitting record numbers of unemployed. The government says the jobless rate now stands at 11.3 percent, although the European Union’s statistical agency puts it at 11.9 percent. Either way, Spain has the highest unemployment...