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breakingnews
06.03.2009, 17:47
Unemployment rates are soaring worldwide, industrial production and both wholesale and retail sales are plummeting, and yet, there is one industry that seems to be recession proof – the world of online dating.
04.03.2009, 16:38
1 comment
During times of an economic crisis, big cities have it hard. However, for some smaller towns the situation looks bleaker. The people of Holyoke, Massachusetts, are struggling not to lose their last hope.
27.02.2009, 17:15
The value of family as a social institution is becoming more and more commercial each day. Both rich and poor are hoping to overcome the crisis with minimal financial loss.
25.02.2009, 22:48
Russian authorities have published dietary guidelines for preparing meals in these times of economic crisis. However, Russians took the advice with skepticism.
05.04.2009, 04:17
The residents of Svetlogorye, an industrial town in the Far East of Russia, are learning to cope without money and food. After months of demanding their unpaid salaries many are experiencing misery and unemployment.
03.04.2009, 08:47
Workers at a metal production factory in the Russian city of Zlatoust in the Urals have found themselves starving after their salaries were slashed by two-thirds, and their hunger strike has had little effect.
10.04.2009, 14:23
Mounting salary debts are forcing some companies to resort to radical moves in a bid to quell uproar. An arms factory in the Kirov region in central Russia has decided to hand over food to employees instead of money.
18.06.2009, 21:21
1 comment
Teachers’ wages have been halved and pensions slashed by 10%. This week’s astonishing reduction in public spending is likely to be repeated and protesters have vowed to protect the country's vital services.
16.04.2009, 00:53
1 comment
Obama's economic policies – specifically propping up the big banks - are unlikely to bring positive results, says James Pinkerton from the New America Foundation.
16.04.2009, 09:45
1 comment
Hundreds of anti-tax 'tea parties' have been held all over the US by protesters who think Obama's bank bailout and stimulus package are mortgaging the future for an easier present.
Published: 07 March, 2009, 15:56
Edited: 07 June, 2010, 22:32
Only one in every four Russians is keen to protest against falling living standards, with 60 per cent of the population saying they’re in no hurry to protest.
I think that Russian economical problems mainly rised from the fact that Russia for the very long time was a military country, and was closed. The World market have not seen of Russian made products and Russia mainly made their income from the sales of the main resourses, like the gas, oil, metals, and trades with the previous USSR republics. But look, for an example, in Britain! Country so poor on the resourses managed to build one of the World greatest economy and banking sector! - Small and big trading of all most anything or everything, plus creating a World greatest enterteinment culural centre like SOHO, West End musicals, rock culture, disighner lebels - it is all make and bring money to the country! English language become a language of communications between different countries and here too - the educational, media and advertising, cultural sector become an asset for the English speaking countries! I can go on and on - but my main point is that Russia now is switching from the Military regime into becoming the New Economical zone and trade centre and this would take some time to build! I hope it would happened soon and that will reduce the poverty rate at greater scale! Maria Kuznetsova Maria Kuznetsova