World
Crunch hits Germany
February 6, 2009Reposted from Morning Star GERMANY is facing a dire economic crisis. Following the collapse of Lehman Brothers in the United States last September, it became apparent that German banks also had large amounts of toxic real...
Read moreWorldwide economic recession could cut jobs by 50 million
February 5, 2009Reposted from the International Transport Workers Federation The global economic crisis could see more than 50 million jobs lost around the world, according to the International Labour Organization's (ILO) latest report on employment.
Read moreColombian hostages released, peace hopes raised
February 4, 2009In December, the Revolutionary Armed Forces of Colombia (FARC) signaled its intention to release six prisoners. The guerrillas brought the prisoners to a clearing in Caquetá Department on Feb. 1. The three policemen and one soldier...
Read moreUS recession to hit Mexico hard
February 4, 2009Mexico, Feb 3 (Prensa Latina) The US economic recession will strongly affect the Mexican economy, with its main sectors already hit by the world finance crisis, according to predictions. Official figures note that 84 percent of...
Read moreHundreds continue Ireland factory occupation
February 4, 2009Reposted from Morning Star HUNDREDS of workers spent a fourth day occupying the Waterford Crystal factory in Kilbarry on Monday in protest against plans to axe 480 jobs. Heavily indebted luxury tableware manufacturer Waterford Wedgwood called...
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