Tag Archive | "RECESSION AND RECOVERY SERIES"

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RECESSION AND RECOVERY: Diamonds Are for the Poor

Posted on 27 January 2010 by admin

Bunder diamond camp in India. Credit: Sameergoswami

By IPS Correspondents*

NEW DELHI, Jan 26, 2010 (IPS) – Diamonds haven’t been among the first concerns at the World Social Forum these last 10 years. But through the recession and the still tottering recovery, a new sparkle in that business is pointing the way to a brighter world that is also better in a WSF sort of way.
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RECESSION AND RECOVERY: Cities Going One Way, Nations Another

Posted on 27 January 2010 by admin

Ai-jen Poo. Credit: 2007 Gloria Awards

By IPS Correspondents*

RIO DE JANEIRO, Jan 26, 2010 (IPS) – Some signs are emerging of a new trend shown up by the recession: local governments (and the people) are going one way, national ones another.
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RECESSION AND RECOVERY: The Lucky Are Unemployed

Posted on 27 January 2010 by admin

Unemployed men in Mexico. Credit: El mundo de Laura

By IPS Correspondents*

LONDON, Jan 26, 2010 (IPS) – The agreed, if dubious, solution to the financial crisis was to get people and governments – in the richer countries – to borrow more in order to spend more. What is not in doubt is the growing numbers of people who will be able to neither borrow nor spend.
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