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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Debt Collection Problems, Deterrent To Commerce In European Union

European officials say at least 55 billion Euros a year in debt is being written off, much of it because businesses find it too daunting to press expensive, confusing lawsuits in foreign countries.

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