The economic crisis continues. Also in the USA.
Even as Wall Street shares rose, US companies continued to slash jobs, and the number of Americans collecting unemployment benefits jumped to 5.3 million: here.
On Thursday a team of WSWS reporters visited a job fair in Detroit to speak with unemployed workers. About 10,000 attended, with long lines forming for the few jobs on offer: here.
American Artists Hit Hard By Unemployment: here.
The past week witnessed a number of heated exchanges between leading US and European politicians, indicating growing differences on how to respond to the deepening world recession: here.
GREEDY personal lifestyles and economic policies in the richest nations are pushing the world’s poorest to the “edge of existence,” the Catholic relief agency Cafod warned on Thursday: here.
US hedge fund charged with $7bn Madoff fraud: here.