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By JACK RANDOM Counterpunch.org "When you are approaching poverty, you make one discovery which outweighs some of the others. You discover boredom and mean complications and the beginnings of hunger, but you also discover the great redeeming feature of poverty: the...
By TONY PUGH International Truthout Posted by Bulatlat.com Washington -- The early impact of the worst recession since the 1930s pushed median incomes down, forced millions more people into poverty and left more Americans without health care in 2008, according to...
It is true that the financial crisis affecting the US and the other centers of capitalism, including Germany, UK and Japan, would not bring the country down into a recession and crisis. The Philippines is already in a state of crisis, in the first place. What it...
If I recall correctly, the very same US Congress that is considering bailing out the big financial corporations that got the economy into its current mess because of their greed and the government's willingness to forgo any regulation of their doings (and the...
This corporate Congress cannot be expected to issue serious demands, set tough conditions, or impose strict rules on the auto companies to ensure their workers receive fair pay and benefits, and prevent their fat-cat executives from making off big while leaving...
Analysts of global economic developments deemed that the US-led 'war on terror' will intensify and escalate as a result of the US financial and economic crisis.
BY BULATLAT In reaction to Department of Budget and Management Rolando Andaya, Gabriela Women's Party Representative Liza Maza said the global financial crisis and the US recession will have ‘a substantial impact on our economy and on Filipino migrants in the...
BY BULATLAT The umbrella organization Bagong Alyansang Makabayan (Bayan-New Patriotic Alliance) slammed Mrs.Gloria Macapagal-Arroyo and U.S. President George W. Bush for ‘passing the burden to the people in times of crisis.’ Renato Reyes Jr., Bayan secretary...
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