financial crisis

Rising from unemployment to entrepreneurship

A growing number of unemployed people are thinking of starting their own businesses. Some 25% of those out of work have this in mind – compared with 12.5% of French people generally. But starting your own business can be complicated - from finding finance, to the complicated red-tape involved, to running your own accounts. Read more.

Can the police contain the anti-NATO activists?

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One of the activists who's preparing to cause havoc at NATO's 60th birthday celebrations on April 3 and 4 tells us how her group, "Dissent", is going about it. For the sixty heads of state taking part in the summit, the opposition doesn't look pretty. Read more...

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America’s workers at breaking point

The scene shown in this video took place outside a car dealership where 30 people were laid off. The footage has already become popular on the Web - it's both sad, and yet rather amusing, depending on how you look at it. But it also reveals a widespread and mounting discontent that's pushing America's workforce to bursting point. Read more and see the video...

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The girl who rescued the family business by raising money on Facebook

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Fanny Gamelin has saved her father's family business by raising 200,000 euros on the net, mainly thanks to Facebook. She tells us about her fight and the initiative that helped win it, despite the financial crisis. Read more...

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'I’m in one hell of a mess'

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Michel Tudeng has been out of work since Dec. 19, 2008. He is one of some 80 temporary workers from the Arcelor-Mittal site in eastern France whose contracts have not been renewed. Read his story...

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"From the moment you leave this room (...) you won't be returning to your office"

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Sophie, a French woman living in London, UK, was fired so abruptly that she wasn't even allowed to go back to her office to get her personal belongings. Read her story...

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British jobs for British workers – a racist movement?

Unemployed British Labourers are now in their third week of staged protests against lower pay for their foreign counterparts. And rightly so - government statistics show that while over 200,000 immigrants were given jobs in the last quarter of 2008, nearly 300,000 UK-born workers lost theirs. However, the action is being marred by an unofficial movement of childish bullying at work and an overly keen interest from the British National Party, as our Polish Observer in the UK tells us. Read more...

Handing out cash in Times Square

A mystery man was handing out cash to anyone willing to tell him why they needed it on Wednesday. "Bailout Bill" installed himself in Times Square, New York, creating trailing queues of cash-strapped Americans. Read more...

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"Kind of like in the Matrix: you wake up and realise everything was a lie"

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Now it's official: Iceland's floundering government, under fire from an enraged population, has become the world's first to fall victim to the global financial crisis. Angry Icelanders explain the situation. Read more...

'Made in China': "the worth of our work is so low, and the price of our materials so immaterial"

One of our Nepali Observers gives her perspective on Asia's dependence on its exports market and the effects this has on the economic crisis. Read more...

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