News
French workers protest against cutbacks
January 30, 2009MILLIONS of French workers are set to take to the streets on Thursday to warn the right-wing government that they will not bear the brunt of the slump.
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Business as usual? Federal Reserve keeps interest rates near zero
January 29, 2009Economic news worsened Wednesday as the House of Representatives voted on the stimulus package with the Federal Reserve Board’s Open Market Committee admitting that the “economy has weakened further. Industrial production, housing starts, and employment have...
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‘Country needs our help’ — progressives urged to rally around recovery plan
January 29, 2009WASHINGTON — With more people filing for unemployment than at any time in the past quarter century amid the worst financial crisis since the Great Depression, the head of a key center for labor and progressive...
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House set to vote on economic stimulus package
January 29, 2009With over 75,000 layoffs announced earlier in the week, the House of Representatives is set to vote Wednesday on a $825 billion economic stimulus package, the American Recovery and Reinvestment Act, HR 1. The plan is...
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UN calls for food aid from rich countries
January 29, 2009THE UN urged rich countries on Monday to stump up the aid that they pledged at a food crisis summit last year after riots had erupted in underdeveloped countries over soaring prices.
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