Fiscal Austerity Measures Are Hurting Job Markets, Predict Rise In Global Unemployment Worldwide – ILO

The International Labor Organization (ILO) has warned that fiscal austerity and labor market reforms had a ‘devastating consequences’ for employment worldwide.

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Actor Michael Douglas Supports US State Dept. Efforts On Diplomacy To Trim Budget

Hollywood actor Michael Douglas, a board member of the Ploughshares Fund, a project against the proliferation of nuclear weapons, supports the US State Department against budget trimming efforts in Congress.

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Italy’s Economy Embroils In Debt, Politics & Bureaucracy

Italy’s economy experienced little growth starting in the late 1990’s, when the country’s manufacturing was overtaken by competitors in Asia.

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