The IMF has predicted a deepening recession in Europe, with the euro zone’s economy contracting by 4.2 percent this year, significantly worse than its January forecast of a 2 percent decline: here.
As finance ministers meeting in Washington failed to adopt any new policies to confront the deepening world economic crisis, the head of the World Bank warned that it threatens to unleash “a human and developmental calamity”: here.
Animals and money: Bronx Zoo lays off hundreds of ‘unpopular’ animals: here.
With wages and employment falling but student debt increasing, US college students face increasingly difficult prospects finding jobs and starting families: here.
Caterpillar 24 avril 2009
Uploaded by faustin9
This is a French video about Caterpillar workers in action.
France: Caterpillar workers, facing 733 planned job cuts at the transnational construction and agricultural machinery company’s two plants in Grenoble, rejected their unions’ compromise deal with management last week: here.
British government denounced by charities for neglect of the poor: here.
Australia: Survivors of Victorian bushfires receive minimal compensation: here.