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breakingnews
11.09.2009, 09:05
2 comments
Hit by the recession, the once-prosperous UK town of Swindon has one of the highest unemployment rates in the country. Many fear it will lead to a whole generation of people who've lost their will to work.
26.09.2009, 14:53
Russia’s Avtovaz says more than 27,000 jobs are to go due to plunging demand. It’s a severe blow for workers at the company, the largest employer in the city of Togliatti in the Samara region.
21.10.2009, 02:06
4 comments
34 million Americans are relying on the food stamp program for everyday essentials. It’s mostly the elderly who are suffering.
05.11.2009, 10:59
3 comments
The new financial instruments invented about 30 years ago helped the America’s wealthiest to suck up the extra wealth created by deregulated finance system, explains Les Leopold, author of “The Looting of America”.
15.09.2009, 08:28
3 comments
September 15 marks the economic 9/11 that shook the US last year. Global financial services firm Lehman Brothers collapsed and became a symbol of the largest bankruptcy in American history.
08.09.2009, 12:21
Russia's economy is through the worst of the financial crisis and is on the road to recovery, according to the country's minister for economic development.
16.09.2009, 09:51
1 comment
As many companies in Russia have resorted to job cuts over the past twelve months to stay afloat, foreign workers were hit hard. More than two thirds of expats who came to Russia to work have lost their jobs.
14.11.2009, 06:31
Russia will intensify efforts aimed at becoming a global financial center, President Dmitry Medvedev said at the Asia-Pacific Economic Cooperation Summit in Singapore.
17.10.2009, 12:08
4 comments
Russia's largest carmaker Avtovaz continues to struggle through the crisis with multimillion dollar government donations unable to stop its plans of shedding thousands of jobs.
06.09.2009, 09:34
1 comment
It has been a year since the world plunged into financial economic turmoil, but has the crisis hit its peak yet? Web journalist and RT’s Lori “The Resident” Harfenist took to the financial hub of New York to find out.
Published: 16 September, 2009, 15:38
Employees from AvtoVAZ – Russia’s biggest car company from Central Russia’s city of Togliatti – might soon be demoted to making toys, rather than cars, in an attempt to pull through the economic crisis.
I'm not russian and i'm not trying to say somthing on the jobs..well jobs will be lost its better. But my they are going to do this to Lada... producing eletric cars toys etc.. will be asham for lada.I own i lada and would love to buy a new lada but they are not sold here any more, why they dont sell them worldwide agian if only a small percent of every country will buy a lada it would have to creat cars agian...but in my opinion if they start to make those things lada are finished once for all and i dont wish that