Economic crisis in USA, Sri Lanka

Bankers' pensions, cartoon from Britain

USA: In two days of testimony before the banking committees of the House of Representatives and Senate this week, Federal Reserve Board Chairman Ben Bernanke called for the Obama administration and Congress to agree on a plan to sharply reduce the US budget deficit over the next decade: here.

US: Virginia lawmakers prepare billions in cuts: here.

San Francisco school district prepares to lay off 900 workers: here.

Sri Lanka: IMF loan delay signals deep assault on living standards: here.

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