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EU poverty conference held in Brussels
A conference to discuss the status of poverty in the European Union has been held in the Belgian capital Brussels, Press TV reports. The conference gathered over 700 politicians, academics and rights...
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Argentina workers burn US flags after auto parts maker fires 300 workers
Workers laid off by an American auto parts company in Argentina have burnt US flags during a protest march on Washington’s embassy in the country’s capital, Buenos Aires. The Wednesday evening protest...
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Germany’s Siemens to slash 7800 jobs to save money
German Industrial machinery maker Siemens has said it will slash 7,800 jobs worldwide as part of a restructuring plan aimed at saving almost one billion euros (USD 1.14 billion). “In a drive to...
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Australia’s jobless rate reaches 12-year high
The jobless rate in Australia reaches a 12-year high. Official figures show that the unemployment rate in Australia reached a 12-year high of 6.4 percent in the month of January. The Australian Bureau...
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Barclays to Cut 30,000 Jobs
Barclays has reportedly announced plans to cut more than 30,000 jobs within two years, in a move that comes just two weeks after the bank’s chief executive Antony Jenkins was fired. More than 30,000...
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Majority of French Oppose Muslim Flood of Migrants in Europe
The majority of French people are opposed to easing the rules for Muslim refugees hoping to settle in the country, according to a new poll. The survey also revealed that most citizens would support...
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White House: We Don't Get Too Disappointed Over Unemployment
The White House doesn’t get “too disappointed” over the number of unemployed and underemployed Americans. “I’ve been reacting to jobs numbers here at the White House for more than seven years, and...
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Zimbabwe's Mugabe ridiculed online after unveiling ugly communist statue of...
Zimbabwean president Robert Mugabe has once again been mocked on social media after a photo of the leader beside a giant cartoonish statue of himself went viral. In the statue Mugabe is giving the...
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Color Revolution Beginning in Belarus, Hundreds Arrested at Illegal Protest
Dozens of protesters have been detained following an unauthorized opposition protest, dubbed ‘Freedom Day,’ in Belarus’ capital, Minsk. About 500 people attempted to reach the gathering point – the...
View ArticleOf the Scandinavian countries, Sweden struggles the most to get migrants to work
A new study conducted by Professor Emeritus in Economics Lars Calmsfors has revealed that Sweden compared to Norway, Denmark, and Finland has the most difficulty integrating newly arrived migrants into...
View ArticleMillions Hungry and Food Insecure in the US
Poverty, unemployment, underemployment, hunger, food insecurity, and overall deprivation affect million of households in the world’s richest country USA. Why? It’s because both right wings of its war...
View ArticleLockdowns, Curfews, this utter Madness was entirely Avoidable
What happens when governments confuse worst-case scenarios with reality? They transform a health crisis into a social crisis and an economic tsunami, with consequences more severe than the virus could...
View ArticleTrump says he will End Coronavirus Benefits as Unemployment Reaches 38.6 Million
President Trump and top Republican lawmakers are mounting fresh opposition to extending enhanced unemployment benefits to the millions of Americans who are still out of work, even as the administration...
View ArticleWhile America is facing Total Economic Collapse and Millions Lost Jobs, US...
With the US economy reeling from the effects of the coronavirus pandemic, the Senate Foreign Relations Committee agreed to give Israel a minimum of $3.8 billion in military aid per year. A full vote on...
View ArticleAmerica is Now in the Worst Economic Downturn Since the Great Depression of...
The economic pain that we are witnessing right now is far greater than anything that we witnessed during the last recession. U.S. GDP declined by 32.9 percent on an annualized basis last quarter, more...
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