World economy
No more "pork-barrel projects", vows Obama
12 Mar 2009
President Obama said that he would sign an “imperfect” $410-billion bill to keep government operations running but wants the Congress to stop jamming it with pet projects
Global economy shrinking with below zero growth: IMF
10 Mar 2009
The world is facing a `Great Recession' of below-zero growth, according to IMF managing director Dominique Strauss-Kahn.
United Technologies to fire 11,600 employees
10 Mar 2009
US economic crisis like Pearl Harbour: Warren Buffett
10 Mar 2009
The US is caught in a negative feedback cycle as scared Americans are changing buying habits that is creating further losses and layoffs, says the legendary investor
UK unemployment to touch 3.2 million by H2 2010
09 Mar 2009
UK trade body BCC has forecast that unemployment in the country would cover 10 per cent of the work force by the second half of 2010
Record numbers of Japanese apply for dole
09 Mar 2009
The number of Japanese households on welfare touched a record high in January, as the world’s second largest economy stepped into it worst recession since WWII.
Global economic crisis will create more women unemployed: ILO
06 Mar 2009
The global economic crisis and deepening recession will hurt women more as the number of unemployed women is expected to rise to 22 million this year