Posts Tagged: economic crisis

“Suspended’ Coffee

Italian tradition of ‘suspended coffee’ takes hold elsewhere in tough economic times | The Raw Story. Can’t afford coffee? No matter. In Bulgaria, an old Italian tradition that sees good souls buying hot drinks for those who struggle to make ends meet has taken hold after weeks of tensions over deepening poverty. More than 150

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To Middle Class, Economic Crisis isn’t News

Barack Obama outlines exactly what he wants to do to fix the economy. You can read more about his plan here. Transcript of the Video: In the past few weeks, Wall Street’s been rocked as banks closed and markets tumbled. But for many of you — the people I’ve met in town halls, backyards and

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Unemployment climbs to 5-year high of 6.1 percent

According to the Associated Press: By JEANNINE AVERSA – 1 day ago WASHINGTON (AP) — The nation’s unemployment rate bolted above the psychologically important 6 percent level last month for the first time in five years — and it’s likely to go even higher in the months ahead, possibly throwing the economy into a tailspin

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A flood of red ink

I don’t know if you’ve read ever read much of The Economist, but it’s not a liberal magazine. To say the least. Which makes this article on the Bush economy really interesting reading to me. More sober analysts are also worried. In their most recent poll, members of the National Association of Business Economists described

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