Economic crisis news


USA: Ten thousand workers rushed this week to apply for 90 job opening[s] at a Louisville, Kentucky General Electric plant: here.

The US dollar fell to a 14-month low against other currencies Thursday, capping several days of downward volatility in the immediate aftermath of the semi-annual meetings of the International Monetary Fund (IMF) and World Bank, held in Istanbul: here.

Britain: The Conservatives’ annual conference saw the party campaigning to win power in next year’s General Election with a message directed to the wealthy and the business elite: here.

Britain has seen the return of mass long-term unemployment among young workers on a scale not seen since Mrs Thatcher was Prime Minister, the TUC warned on Monday: here.

Britain: Postal workers yesterday condemned as ‘obscene’ over £10m in ‘performance-related bonus’ payments to Royal Mail executives for pushing through ‘efficiency savings’: here.

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