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U.N. 'Climate Change' Plan 'Lunacy on Steroids'
Lunacy on steroids. That's how I might describe the United Nations "climate change" plan that is the subject of a recent Fox News article that caught my attention yesterday. After reading the article by George... U.S. Unemployment by the Numbers: How Bad Is It Hurting?
" Reports More people are unemployed in America than live in Ohio or go to church in Texas. Unemployment statistics don’t usually leap off the page, but the latest report from the Department of Labor offers some astounding figures. More than 651,000 jobs were cut in... Trend Alert: U.S. Has Entered “The Greatest Depression”
" Paul Joseph Watson Tuesday, March 3, 2009 Trends research analyst Gerald Celente, who has risen in prominence on the back of his deadly accurate economic predictions, says that the collapse of financial markets heralds the start of “The Greatest Depression”. In his... Fresh evidence points to paralysis of global economy
"Data from US and Japan triggered fears that the downturn has turned into the worst slump since the 1930s! Larry Elliott, economics editor guardian.co.uk The sharpest contraction in US growth for more than a quarter of a century, a collapse in Japanese factory output and an... Pepsi and IBM are Now More Creditworthy than the U.S. Government
" Agora Financial’s Rude Awakening notes that the U.S. Government is now considered less credit-worthy than Pepsi or IBM by the credit default swap market: "As the nearby chart indicates, the price of insuring Treasury debt against default now costs more than the price of...Trend Alert: Global Systemic Crisis, Geopolitical Dislocation!
" By Leap2020 GEAB N°32 is available! 4th quarter 2009 – Beginning of Phase 5 of the global systemic crisis: phase of global geopolitical dislocation - Public announcement GEAB N°32 (February 16, 2009) - Back in February 2006, LEAP/E2020 estimated that the... 50 million job losses projected worldwide for 2009 - ILO
Massive job losses around the world will mark the end of the first decade of the 21st century, with the United Nations' International Labour Organization (ILO) projecting 50 million by the end of 2009. " Worldwide... RBS to axe 2,300 UK jobs as former boss says he is 'sorry'
The Royal Bank of Scotland (RBS) are to axe 2,300 office jobs, but said there will be no branch job loses. Former RBS chief executive Sir Fred Goodwin said that he "could not be more sorry" for what had happened to... South African Mining Company Anglo Platinum to Cut 10,000 Jobs
South African platinum mining company Anglo Platinum announced that it will cut 10,000 jobs in 2009 as part of economy driven downsizing. Citing stagnant demand and dropping platinum prices Anglo Platinum, the world's largest platinum producer, reported a 5% drop in... Obama to Sell Stimulus Package in Series of Town Hall Meetings
US President Barack Obama is on the road to rally public support for his economic stimulus package and he is starting in Indiana, the state that has been among the hardest hit by the economic crisis. With the... Mandatory Minimum Wage Increases Cost Jobs
Data released by the Employment Policies Institute shows that mandatory wage hikes cause increased job losses, particularly among vulnerable groups, according to a news release today.In Missouri, for example, yet... New Wave of Riots Expected as 100,000 Face Sack in Greece
As news comes in that 100,000 Greek workers face unemployment over and after the Christmas and New Year period the greek authorities are preparing for a new wave of riots in Athens. Bad news for the Greek... More US job losses than ever before
Given the global recession, there are more people losing their jobs than ever before. US employers axed 533,000 jobs in November, the biggest monthly cut since 1974, the US Labour Department said. The BBC also... Big 3 bailout: Ripple effect of inaction could cripple the US economy
The Big 3 automakers are asking Washington for bailout money and this has caused a tizzy of controversy, but the bottom line is that the ripple effect of government inaction could cripple the US economy and be...
created by Tina Kells | 1 year ago | updated 49 wks ago
3136 views | 23 recommendations | 10 comments
3136 views | 23 recommendations | 10 comments
BT slashes 10,000 jobs
Telecoms giant British Telecom (BT) is to cut its global workforce by 6% - that's 10,000 workers.Many of these jobs will be UK jobs although workers around the world will also be made unemployed.The downturn in...
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