Economic crisis to claim 51 Million jobs

The economic downturn could result in the loss of up to 51 million jobs worldwide by the end of this year, a UN agency has predicted.

//www.presstv.com/detail.aspx?id=83958&sectionid=3510213



Financial crisis hangs over Davos

The World Economic Forum has got under way in Davos, Switzerland, as the international monetary fund slashed its economic growth forecasts, predicting the severe financial crisis would brake global growth to the slowest pace in six decades.

//english.aljazeera.net/news/europe/2009/01/20091289810432575.html



Rioting Greeks, angry Germans and why the euro may well collapse

The Brussels elite are pretending the question does not arise, but the financial world knows the question is there, hanging over the entire European Union economy: is the single European currency going to break apart?

//tinyurl.com/d6mqmb



Europe's winter of discontent

Thursday's French national strike reflects growing despair on the Continent with the way governments are handling the recession, says Adrian Michaels.

//tinyurl.com/bf47yu



Boeing to cut 10,000 jobs

Plane maker announces an additional 5,500 job cuts as demand for new aircraft is expected to remain weak.

//money.cnn.com/2009/01/28/news/economy/Boeing_job_cuts/



How top financiers paid themselves £1bn before the wheels fell off

A dozen senior bankers whose influence has shaped the financial world gave themselves pay awards valued at more than £1bn before the credit crunch spectacularly exposed the fragility of the profits they appeared to have secured for shareholders.

//www.guardian.co.uk/business/2009/jan/28/executive-salaries-banking1


From Information Clearing House



//freepage.twoday.net/search?q=economic+crisis
//freepage.twoday.net/search?q=financial+crisis
//freepage.twoday.net/search?q=credit+crunch
//freepage.twoday.net/search?q=recession
//freepage.twoday.net/search?q=job+cuts
//freepage.twoday.net/search?q=job+loss
//freepage.twoday.net/search?q=IMF
//freepage.twoday.net/search?q=Davos

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