Two years after the collapse of Lehman Brothers sparked the greatest financial and economic crisis since the Great Depression of the 1930s, none of the underlying contradictions of the world capitalist system has been resolved: here.
USA: Harrisburg, the capital of Pennsylvania, this week narrowly avoided defaulting on $3.3 million dollars in bond payments due on September 15, but the likelihood of bankruptcy remains: here.
The number of people living in poverty in America rose to 43.6 million in 2009, the US Census Bureau reported Thursday: here.
Mass protests over the killing of an immigrant laborer in LA’s Westlake district combine outrage over police brutality with anger over a growing social crisis: here.
Over five million people in Britain earn less than the low pay threshold, unions have warned: here.