Worsening Global Conditions
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Then I heard what sounded like a voice among the four living creatures, saying, "A quart of wheat for a day's wages, and three quarts of barley for a day's wages, and do not damage the oil and the wine!" (Revelation 6:6)
Banking misery engulfs Japan
Posted 10/31/08Bloodbath in Asian markets as Dow plummets
Posted 10/13/08Financial crisis: Countries at risk of bankruptcy from Pakistan to Baltics
Posted 10/13/08Financial crisis: US stock markets suffer worst week on record
Posted 10/13/08Financial crisis: World leaders pledge to part-nationalise swathes of global banking
Posted 10/13/08World crisis is causing suicide rise: WHO
Posted 10/13/08Russia and Brazil crumble as commodity prices crash - Telegraph
The entire complex of commodities and emerging market stocks, bonds, and currencies is now in free-fall as the economic crisis spreads like brushfire, threatening to draw every corner of the globe into the vortex of recession.
Posted 10/9/08Welcome to chaos: Arab nations hit hard as world markets crash
Posted 9/29/08Asian markets track heavy losses
Posted 3/16/07Fears of US mortgage crisis as homeowners face 12% interest
Posted 3/16/07Lenders initiate foreclosures at record pace
Posted 3/16/07Zimbabwe on the brink of total collapse
The collapse of Zimbabwe's economy has finally taken its toll on President Robert Mugabe's regime. It is facing a disintegrating army and police, a wave of strikes, power black-outs and the breakdown of every essential service.
Posted 2/13/07