About 62 percent of Russians of working age support their parents financially. On the contrary, about 26 percent of Russians of active working age receive financial support from their parents, a study said.
The scandal around the oil spilt into the Gulf of Mexico does not subside. On Thursday, the information was released that U.S. authorities are preparing a lawsuit against the owner of the exploded BP platform, demanding compensation for damage caused by the leakage. Fines can reach $4,300 for each barrel of oil spilt in the waters of the Gulf, i.e., a total of approximately $17.6 billion.
NAIROBI, Kenya & ARMONK, N.Y. – 17 Sep 2010: In a move that will accelerate the transformation of African mobile communications and positively impact the speed of economic development across the African continent, Bharti Airtel Limited and IBM (NYSE: IBM) today announced the selection of IBM to manage the computing technology and services that power Bharti Airtel’s mobile communications network spanning 16 African countries.
An agreement is expected to be finalized in the fourth quarter.
Labor Day 2010 comes in the midst of a stunning wave of U.S. factory closings that stretches from coast to coast.
Most Americans are still operating under the delusion that this “recession” will end and that the “good times” will return soon, but a growing minority of Americans are starting to realize that things are fundamentally changing and that they better start preparing for what is ahead. These “preppers” come from all over the political spectrum and from every age group. More than at any other time in modern history, the American people lack faith in the U.S. economic system.
*Banking Sites See Strong Growth as More Indians Turn to the Web for their Personal Financial Needs*
Mumbai, India, August 18, 2010 – comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, today released its June 2010 ranking of the top Business/Finance sites in India based on data from its comScore Media Metrix service.
COLUMBIA, Mo. — As the recession continues, economic casualties continue to mount. Daily, the media report that banks continue to foreclose on home loans and people are still losing their jobs.
Missing from the headlines, however, is the growing number of people that are having more difficulty feeding themselves and their children. According to the 2010 Missouri Hunger Atlas, which was released by a University of Missouri research team, one in four Missouri families with children living at home worries about putting enough food on the table.
Sometimes it isn’t necessary to quote facts and figures about government debt, unemployment and the trade deficit in order to convey how badly America is decaying. The truth is that millions of Americans can watch America rotting right in front of their eyes by stepping out on their front porches. Record numbers of homes have been foreclosed on and in some of the most run down cities as many as a third of all houses have been abandoned. Unemployment remains at depressingly high levels and the number of Americans on food stamps continues to set new records month after month. (more…)
