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French finance minister confirms recession

Posted by | February 14, 2012 .

French Finance Minister Francois Baroin confirmed a recession in France on Tuesday and expected a recovery in the second half of the year if a solution was found to the eurozone debt crisis.

100 People Pushed Into Poverty Every Minute by Economic Crisis

Posted by | August 8, 2011 .

Developing countries across the globe are struggling to respond to the global recession that continues to slash incomes, destroy jobs and has helped push the total number of hungry people in the world above one billion, international agency Oxfam said today. The economic crisis arrived as poor countries were already struggling to cope with high [...]