World economic crisis update


Rich and poor, cartoon

The US Senate voted Wednesday to defeat a proposed extension of unemployment benefits for workers who have been jobless for nearly two years: here.

Senate fails unemployed, states, again: here.

New York’s public schools and teachers are facing attacks from all sides as state and city governments try to resolve deficit crises through layoffs and cutbacks: here.

Defend education, cancel the debt to the banks: here.

Britain: the Tory-led government announced the cancellation of 12 funding projects worth £2 billion yesterday, as well as the suspension of a further 12 projects worth £8.5 billion: here. And here.

Cuts prepared by Prime Minister Emil Boc and the IMF will have a disastrous impact on Romania’s already devastated health care system: here.

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