AUATRALIA ...may escape recession

ANZ (Australia New Zealand bank) boss says Aust. may escape recession, shows new optimism"ANZ Banking Group Ltd boss Mike Smith says Australia may escape a technical recession and he has new optimism about the country's ability to ride through the global financial crisis....

Anti-Semitism makes it to China?

It never ceases to amaze me how many people believe the  truly conspiratorial canard about Jews. Even in places where they are not any Jews residing."BEIJING – Who's to blame for the current global financial crisis? According to a bestselling book in China, which is...

Crisis Worsens in Zimbabwe

The cholera epidemic in Zimbabwe is worsening and without increased foreign assistance the crisis will become a full blown health catastrophe according to Medecins Sans Frontieres international president Dr....

Asia's Unemployed To Increase By 7.2 Million

The number of unemployed in Asia is likely to increase by about 7.2 million from 2008 to this year. This figure, according to the International Labour Organisation (ILO), is at a rate of 5.1 per cent, with women and youth hard-hit by rising unemployment. The report said...

After Cannibalised Globalisation

Maybe Capitalism really is dying, as indicated by this quote from the impressive article, below: "A cannibal globalisation that may devour its creators must be stopped. The elite might accept the imposition of certain rules to ensure the continuity of other essential...

G7 to avoid protectionism

" Finance ministers at a G7 meeting in Italy said raising barriers to free trade would make the downturn worse. Hours earlier, the US Congress approved an $787bn economic recovery plan that includes a 'Buy...

Survey: 31% of Europeans blame economic crisis on Jews

" Anti-Semitic attitudes still prevail in Europe: An Anti-Defamation League report published on Tuesday showed that nearly half of the Europeans surveyed believe Jews are not loyal to their country and more than...

Global crisis fuels protests

As their jobs disappear, people around the world have taken to the streets

Starbucks offers local brew to boost sales in China

Starbucks's new drink to be sold in China is a locally created brew. The drink called 'South of the Clouds' will be brewed from locally grown beans, and is the latest attempt of the stuggling coffee chain to...

Kennedy Center: 'Crisis' Counselor for the arts

The Kennedy Center has launched an initiative to help struggling arts groups. The program, Arts in Crisis: A Kennedy Center Initiative, is an online support service through which arts administrators can have...

The mystery that is: Debt-for Equity Swaps

Time to do some debunking and strip out some of the obscuring lingo from Debt-for Equity Swaps.Basically, this is a way of raising capital for banks (e.g. giving them more money so they can keep on lending/ not go bust). However, its advocates say that it's not at the...

CrossContamination Birdflu and Little change creates Big Danger

By Robert P. Eaton Jr.PLease respect copyright . No use of images is granted with out permission.(2 kids to feed struggling photographer...) See the text embedded in each image for the details... Birdflu in China....

Bloodshed in the Congo far from over

Even with notorious rebel leader Laurent Nkunda arrested, the chance of peace returning to the Democratic Republic of Congo (DRC) remains rather slim,  especially now the Lord's Resistance Army is firing up...

Zimbabwe Crisis Described as Worse than Desperate

.Zimbabwe is a disasterand there will not be anyimprovement until in someway Mugabe is gone." Southern Africa Catholic bishops have declared February 15th “Zimbabwe Sunday” - an effort to show solidarity...

Changed Monopoly money into real money

So a Swedish woman went to a Danish bank and wanted 1,400 Danish Kroner. She got the amount. And she paid with Swedish Monopoly "money".But it doesn't end here. They arrested the Swede as she came back the day after when she wanted to change some more Monopoly bills! I don't...

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