Spain’s jobless rate rose sharply, to 17.36 percent in the first quarter, with more than 4 million people out of work, the government said Friday. Nearly half of the 4 million lost their jobs in the past year, the National Statistics Institute said. It’s the first time that Spain’s jobless total has exceeded 4 million, economist Carlos Maravall told CNN.
Tag Archives: economy
Q&A: Taliban influence weakens Pakistan
Taliban advances in Pakistan are raising concerns in Islamabad and capitals as far away as Washington. How is the Taliban extending its influence in Pakistan It has extended its considerably over the last few years moving northwards along the Pakistan-Afghanistan border, from South Waziristan to North Waziristan to Bajur and across now to Swat and Buner. But the Taliban has also extended its influence because it is now involved with several Punjab terrorist groups that have affiliated themselves with the border Taliban and have helped commit some attacks such as one on a police station in Lahore.
Stress Test Results: Most Banks Likely to Pass
Obama says economy improving but hard times ahead
Chocolate Sales: A Sweet Spot in the Recession
It is just days before Easter and housewife Laure Bertini walks the aisles of the Manor supermarket in downtown Geneva, looking for holiday treats. “Chocolate will always be at the top of my shopping list, regardless of the economy,” she says, filling her cart with gold-foil-wrapped chocolate bunnies from the Swiss maker Lindt
Schneider: Will Americans start blaming Obama?
Protesters, police go online in G20 battle
Social networking Web sites are set to play a crucial role in protests ahead of next week’s G20 meeting of world leaders in London as demonstration organizers and police use Twitter and Facebook as key sources of real-time information and intelligence. Metropolitan Police leaders have warned that the city faces an “unprecedented” wave of protest in the run-up to Thursday’s summit talks on the state of the global economy and are set to deploy huge numbers of officers to maintain public order.