Archive for the ‘Global Recession’ Category

World Bank says two factors could plunge us back into recession

The World Bank is throwing out some warnings today in its latest report titled Global Economic Prospects. The Bank says that a couple of factors could plunge the world economy back into a recession much like the hard one we experienced in 2008.

The factors that could hurt include the slowing of growth for individual nation economies; especially in the developed world.

Click to continue reading

2009 US poverty figures to be released

2009 poverty figures for the United States will be released by the census bureau this week. The year 2009 was right in the middle of the global recession so there is expected to be a big increase in those living in poverty.

Click to continue reading

UN says money to fight AIDS is falling

Another report on how the global recession has hurt funding for AIDS prevention comes today from the United Nations. The head of the UN-AIDS says that money to fight the disease has dropped for the first time in 15 years.

Click to continue reading