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Tag: Crisis

 

D.R. of Congo: Fifth Fatal Crash in Under a Year, Food Prices the Real Disaster

Global Voices Region: Congo

by Jennifer Brea News agencies are reporting that 75 were killed when a cargo plane crashed in Goma shortly after takeoff on Tuesday. An overloaded cabin may have been the cause. It's the fifth fatal plane crash since J... more

Views: 2245
 

John McCain Bails on His Values

David Brant Region: Texas

On Friday, April 11th, Republican Senator and Presidential nominee John McCain defended his heavily criticized proposal that $3 to $10 billion in taxpayer money be spend to bail out between 200 and 400 thousand U.S. mortga... more

Views: 1528
 

Ailing Financial Firm, WaMu,Exits Wholesale Lending Business

Jacob Cherian Region: United States

Seattle, WA (MarketsBlog) - Ailing financial firm, Washington Mutual has raised $7 billion after cutting its dividend to $0.01/share; the measure is designed to revive the struggling company amid the credit market crisis t... more

Views: 1500
 

Impact of Global Market Turmoil Persists

Jacob Cherian Region: United States

As of 1 pm in New York, all three big indexes - the Dow Jones industrials average, the NASDAQ compositie and the S and P 500 continue to slump in negative territory. Among the Dow components, 18 of the 20 components are... more

Views: 3503
 

Ecuador: The Aftermath of the Border Crisis

Global Voices Region: Ecuador

by Milton Ramirez The decision taken at the Rio Summit benefits the people living in the three countries involved: Ecuador, Colombia and Venezuela, but the governments are only slowly returning their relations back to how... more

Views: 1311
 

Argentina's Meat Crisis Grows By Day

Juan Arango Region: Argentina

 One of the largest meat exporters in the world  cannot provide the demand that emerges domestically.  This society saw a drastic shortage in the amount of meat as well as other byproducts during the Easter ... more

Views: 2523
 

The U.S. Financial Mess? Just Follow the Money

Hubert Herring Region: New York

Come on. Enough of this hand-wringing. It would really be remarkably simple to fix this nation’s financial mess. How? Just follow the money – and, when you find it, grab it.     Amid all this a... more

Views: 916
 

In Second Try, House Approves Bailout

Finding Dulcinea Region: District of Columbia

House Passes Bailout   The House voted in favor of a revised $700 billion bailout plan Friday, capping a tumultuous week on Capitol Hill. The House of Representative voted Friday afternoon to pass the bailout bill,... more

Views: 955
 

Scandinavian airlines (SAS) lower wages

Mads Nielsen Region: Denmark

Accidents, fuel pricing and finacial crisis. These are some of the things whitch have been bad for the airline, and have now forced a company-wide lowering in wages.  It has not yet been decidet how much they go down... more

Views: 1592
 

The in-camera session of Pakistani Parliament over the issues

Imran Schah Region: Pakistan

    Islamabad: The third secret sitting of the parliament in Pakistan’s history and top military generals have begun a briefing to representatives on the details of the situation inside country and on the... more

Views: 1284




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