The world economy may be going to hell in a handbasket, but you wouldn’t know it in Maria Irece da Silva’s tiny cosmetics store in the impoverished favela of Jardim Carumbé. “The rich talk about the crisis but the poor don’t mention it,” says Da Silva, whose business helping women look good in a country where style always trumps substance is booming. Not even the worst recession in memory has stemmed the flow of shampoos, lipsticks and nail varnish from the shelves of her tiny beauty-aids store.
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Japan sinks deeper into recession
The extent of the economic malaise that has descended on once-prosperous Japan is evident in the latest economic figures showing the steepest ever fall in the Far Eastern nation’s industrial output. Production at the country’s factories fell a record 10 percent in January as export partners cut back on orders.
UK woman loses assisted suicide appeal
A British woman who suffers from multiple sclerosis has lost her appeal to clarify Britain’s laws on assisted suicide, a charity working with the woman said Thursday. But the woman did get a strong hint that anyone who helped her travel to a country where assisted suicide is legal would not be prosecuted.