Recession Is No Excuse To Put Work-Testing On Hold

Press Release – Lindsay Mitchell

Based on UK developments, welfare commentator, Lindsay Mitchell, is questioning why the National government decided not to introduce work-testing on the DPB, despite campaigning on this promise. “The Minister of Social Development, Paula Bennett, …
Read more »

WSJ Reports Santa Claus Going Out of Business

Opinion – Mark Bradley

A spokesperson for world renown toymaker and philanthropist Santa Claus told the Wall Street Journal on Tuesday that after 6,892 consecutive quarters in the red, Claus is finally – reluctantly – calling it quits. Inside sources at Claus Industries …
Read more »

Redundancy Protection Bill held back for debate

Press Release – New Zealand Labour Party

Labour MP Darien Fenton has delayed her Redundancy Protection Bill to allow time for all political parties to properly consider the implications of the current law – under which most New Zealand workers can be laid off without any redundancy pay …
Read more »

The Secrets of China’s Economy

Opinion – Ellen Brown

The Secrets of China’s Economy: The Government Owns the Banks rather than the Reverse by Ellen Brown , Global Research
Read more »

Free lectures on global economic crisis

Press Release – University of Waikato

The context and opportunities around the global economic crisis are at the heart of a series of free public lectures starting this month at the University of Waikato.
Read more »

Recession: Ban Calls For Protection Of Young

Press Release – United Nations

New York, Aug 12 2009 9:10AM Young men and women around the world are hit excessively hard by the impact of the global economic meltdown and climate change, Secretary-General Ban Ki-moon warned today in a message marking International Youth Day.
Read more »

Developing the effectiveness of Pacific Island Cou

Press Release – European Commission

The 40th Pacific Islands Forum has taken place in a time of global turmoil and change. The global economic crisis and the fast growing impact of climate change have set the context of the Meeting. The inherent vulnerability of the Pacific Island Countries …
Read more »

Madoff Trustee Creates “Class War”

Column – Sherwood Ross

Even if court-appointed trustee Irving Picard should recover the $13.7 billion for which he is suing associates of jailed fraudster Bernard Madoff, the money may never get into the pockets of victimized small investors, a law school dean points out.
Read more »

Undernews For August 9, 2009

Column – Undernews

Zach Carter, Alternet – In February of 2009, newly inaugurated President Obama unveiled a foreclosure prevention program called Making Home Affordable, promising to keep “up to 3 to 4 million” borrowers from losing their homes. But like a similar initiative …
Read more »

Recession Comes Home to Roost in Il Condo Market

Column – Martha Rosenberg

At first, the crater in the ground where the basement was supposed to be before crews quit working looked like the aftermath of a drone attack.
Read more »

Global Recession And The Latin American Economies

Press Release – United Nations

New York, Aug 7 2009 12:10PM Higher unemployment figures, lower economic growth, falling trade and stubborn fiscal deficits are among the lingering effects the global financial crisis will have on Latin American countries, the top United Nations official …
Read more »

More evidence people are hurting

Press Release – New Zealand Labour Party

Today’s confirmation an average of 1100 additional people a week are continuing to sign up on the dole is further evidence New Zealand families are hurting, Labour Social Development spokesperson Annette King says. “The Government today announced …
Read more »

Helping Poor Countries Weather Economic Crisis

Press Release – United Nations

New York, Aug 5 2009 9:10AM The United Nations is setting up a new system to mitigate the impact of the global economic crisis on poorer countries, such as those in the Pacific region that are already being hobbled by climate change, Secretary-General …
Read more »

Helping Women Weather Economic Crisis

Press Release – United Nations

New York, Aug 5 2009 10:10AM The top United Nations official in the Asia-Pacific region has called on countries to help women weather the ongoing economic crisis, including by promoting their interests as part of government stimulus packages.
Read more »

More NZ families face times as recession bites

Press Release – Salvation Army

Each week, the recession forces 40 new households to seek food from The Salvation Army. Demand for food, accommodation, clothing and furniture has risen dramatically compared to a year ago. More than 12,000 food parcels were distributed in the three …
Read more »

The Pacific Islands and the Global Economic Crisis

Press Release – Delegation of the European Commission to NZ

“A meaningful development policy is not simply there for charity and filling gaps but rather to promote new global political choices and to indicate that investing in development, is investing in our future”, said Stefano Manservisi, the European …
Read more »

New Bull Market Means Time To Buy Shares

Opinion – Rod North

“There are now very clear signs that the Recovery phase is underway in Australia. Recent survey indicators for retail, consumer and business confidence have all been positive. Growth figures continue to indicate that Australia is the only major trading …
Read more »

Migrants Vulnerable Due To Global Recession

Press Release – United Nations

New York, Jul 29 2009 4:10PM Surging global unemployment triggered by the economic crisis is significantly affecting migrant workers, many of whom have lost their livelihoods and are returning to their home countries, experts said at a United Nations trade …
Read more »

Pooling Of Fiscal Resources To Beat Recession

Press Release – United Nations

New York, Jul 28 2009 2:10PM Large-scale government stimulus packages are closed off to many nations across Asia and the Pacific, the top United Nations official for the region told a gathering of senior finance and central bank representatives, …
Read more »

Financial crisis group makes recommendations

Press Release – Securities Commission

The Financial Crisis Advisory Group (FCAG), of which the New Zealand Securities Commission Chairman Jane Diplock is a member, has published its recommendations relating to financial reporting and standards setting.
Read more »

Sign In