15 stunning statistics about the U.S. jobs market

By Ben Baden, US News 28 September 2011 Next week, the Labor Department will release its much-anticipated monthly jobs report. Last month, the economy added exactly zero jobs overall, and 14 million Americans still remain unemployed. Economists expect September’s numbers to be a slight improvement, but not enough to make a noticeable dent in the […]

Video: BBC speechless as trader predicts global financial collapse – ‘Goldman Sachs rules the world’

    BBC Speechless As Trader Alessio Rastani Tells Truth, Collapse Coming, Goldman Rules World UPDATE: Trader’s Goldman Sachs comments spark BBC hoax claims By John Plunkett, Tara Conlan and Oliver Laughland, www.guardian.co.uk 27 September 2011 He caused outrage with his comments on the global economic meltdown claiming “governments don’t rule the world, Goldman Sachs […]

UN warns of Pakistan food crisis in flood-hit areas

By Iftikhar A Khan24 September 2011 ISLAMABAD: The United Nations warned on Saturday of a food security and shelter crisis, saying it would soon run out of its stocks of food, essential medicines and tents if the international community failed to support the rapid response plan for flood victims in Sindh. Speaking at a briefing […]

Graph of the Day: $5 Billion Dry Spell in Texas

The 2011 Texas drought has caused more than $5 billion in losses for farmers and ranchers, according to a Texas A&M University study, and has sparked damaging wildfires. A $5 billion dry spell Technorati Tags: North America,agriculture,drought,wildfire,freshwater depletion,financial collapse,poverty,global warming,climate change

Record 15.4 million suburban residents below the poverty line, up 11 percent over previous year

By Tami Luhby, CNNMoney 23 September 2011 NEW YORK (CNNMoney) – Guess where most people in poverty live? Hint: It’s not in the inner cities or rural America. It’s in the idyllic suburbs. A record 15.4 million suburban residents lived below the poverty line last year, up 11.5% from the year before, according to a […]

Graph of the Day: Output Growth of Six Developed Nations, 2003-2011

After a rapid post-crisis recovery, the world economy is slowing down from around 4 per cent GDP growth in 2010 to about 3 per cent in 2011 (see table). Developing economies will continue to record higher growth, at above 6 per cent, compared with developed economies, which registered a mere 1.5 per cent to 2 […]

Texas Gov. Perry slams feds for slow fire aid, after huge cuts to quicker state response

By Patrick Michels7 September 2011 As fire crews continue battling some of the worst blazes this dry state has seen in years, Texas Gov. Rick Perry took a break from his presidential campaign early this week, for a look at what he called “one of the meanest fires I’ve ever seen,” taking aerial tours of […]

Texas wildfires: Is drought the new climate?

By Julie Cart7 September 2011 The litany of misery playing out in Texas is tough to watch but less difficult to predict. Well before the contagion of wildfires was sparked this week, the state had been experiencing a weather catastrophe. Texas has seen its driest consecutive months since record-keeping began in 1895. Parts of the […]

U.N. warns of risks of global austerity – In euro zone, banking fear feeds on itself

By NEIL MacFARQUHAR6 September 2011 UNITED NATIONS — The global economy faces a decade-long stagnation because governments are pursuing deficit cuts and other austerity measures rather than providing the needed stimulus packages, said a United Nations economic report released Tuesday. Instead of new regulation of the financial system to address the problems that helped bring […]

Britons face insurance ‘crisis’ as U.K.’s government trims flood defence

By Ed Ballard 19 August 2011 Emma Summerfield returned home on a rainy November evening in 2009 to find her vacuum cleaner afloat on a rising tide in her cellar. Hours later, her 18th century mill-house in Cumbria, northern England, was six feet deep in water. When the water receded, it left rooms wrecked, walls […]

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