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    US recession fears rise on more job cuts
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    United States employers unexpectedly cut jobs in February at the steepest rate in nearly five years, a second straight month of employment losses that heightened fears the world's largest economy has skidded into recession. "The question appears no longer to be are we going into a recession but how long and deep it will be" said economist Joel Naroff of Naroff Economic Advisers in Holland, Pennsylvania. Full Article at Mail & Guardian Online
    The question appears no longer to be are we going into a recession but how long and deep it will be
    SOURCE: Mail & Guardian Online 21 months ago
All quotes from:
US recession fears rise on more job cuts
  1. We believe that the steps we've taken, together with the actions taken by the Federal Reserve, will have a positive effect on our economy
    George W. Bush – George W. Bush SOURCE: Mail & Guardian Online 21 months ago
  2. Recessions are things that are declared by other people
    SOURCE: Mail & Guardian Online 21 months ago
  3. The underlying trends are horrible, with worse to come
    SOURCE: Mail & Guardian Online 21 months ago

Recent Photos From The Wire

  1. A house belonging to golfer Tiger Woods is seen in the Isleworth community in Windermere, Florida December 1, 2009. Woods pulled out of a golf tournament this week, the latest fall-out from a minor car accident that has left a swirl of mystery and a hint of scandal around the world's top golfer and pushed him into full damage control.
  2. The moon shines over the Mevlana Mosque in Rotterdam December 1, 2009. A Swiss vote to ban the construction of new minarets puts the spotlight on the Alpine country's social and political divisions and could herald a new surge in populist, anti-immigrant sentiment.
  3. A house belonging to golfer Tiger Woods is seen in the Isleworth community in Windermere, Florida, December 1, 2009. Woods pulled out of a golf tournament this week, the latest fall-out from a minor car accident that has left a swirl of mystery and a hint of scandal around the world's top golfer and pushed him into full damage control.
  4. An Asian hornet, Latin name "Vespa Velutina", is seen in a beehive in Fargues Saint Hilaire, south western France, December 1, 2009. Beekeepers in the south west of France are calling for authorities to officially recognise the species as a pest as it destroys hives and decimates the bee swarms.
  5. AMMAN, JORDAN - DECEMBER 01: A military parade shall welcome Turkish President Abdullah Gul and his wife Hayrunnisa Gul who are received by Jordan's King Abdullah and his wife Queen Rania upon their arrival for a three-day official visit in Amman> on December 1, 2009 in Amman, Jordan. on December 1, 2009 in Amman, Jordan.
  6. WINDERMERE, FL - DECEMBER 01: Tiger Woods' home is seen (2nd R) on December 1, 2009 in Windermere, Florida. Tiger Woods has not spoken with media or Florida Highway Patrol since he drove his SUV into a fire hydrant and a tree at the entrance to his driveway at his Florida home in the early hours of November 27.
  7. AMMAN, JORDAN - DECEMBER 01: A military parade shall welcome Turkish President Abdullah Gul and his wife Hayrunnisa Gul who are received by Jordan's King Abdullah and his wife Queen Rania upon their arrival for a three-day official visit in Amman> on December 1, 2009 in Amman, Jordan. on December 1, 2009 in Amman, Jordan.
  8. Demonstrators protest against the results of a vote that banned the construction of new minarets in Switzerland, in Geneva, Switzerland, Tuesday, Dec. 1, 2009. Swiss voters have approved last Sunday a right-wing-backed proposal to ban construction of new minarets, a surprise result that could damage Switzerland's economic ties with Muslim states. Inscription in French reads: All Muslims.
  9. KABUL, AFGHANISTAN - DECEMBER 1: Displaced Afghans wait to receive relief aid from the UNHCR, on December 1, 2009 in Kabul, Afghanistan. As temperatures begin to drop around the country, the United Nations High Commissioner for Refugees (UNHCR) and the Afghan government are providing relief supplies to help some 200,000 vulnerable people cope with the harsh winter, including blankets, sweaters, plastic sheets, jerry cans and bags of charcoal.
  10. Protesters hold a banner reading "hermetic confederation = democracist vote" to protest against the results of a vote in Switzerland, in Lausanne December 1, 2009. Switzerland voted to ban the construction of new minarets on Sunday, a surprise result certain to embarrass the neutral government and which the justice minister said could affect Swiss exports and tourism. "Democracist" is a play on the words "democracy" and "racism".
  11. KABUL, AFGHANISTAN - DECEMBER 1: Displaced Afghans wait to receive relief aid from the UNHCR, on December 1, 2009 in Kabul, Afghanistan. As temperatures begin to drop around the country, the United Nations High Commissioner for Refugees (UNHCR) and the Afghan government are providing relief supplies to help some 200,000 vulnerable people cope with the harsh winter, including blankets, sweaters, plastic sheets, jerry cans and bags of charcoal.
  12. The moon shines over the Mevlana Mosque in Rotterdam December 1, 2009. A Swiss vote to ban the construction of new minarets puts the spotlight on the Alpine country's social and political divisions and could herald a new surge in populist, anti-immigrant sentiment.
  13. WINDERMERE, FL - DECEMBER 01: People ride their bikes past an entrance gate to the Isleworth community, where Tiger Woods has a home, on December 1, 2009 in Windermere, Florida. Tiger Woods has not spoken with media or Florida Highway Patrol since he drove his SUV into a fire hydrant and tree outside his Florida home in the early hours of November 27.
  14. Demonstrators protest against the results of a vote that banned the construction of new minarets in Switzerland, in Geneva, Switzerland, Tuesday, Dec. 1, 2009. Swiss voters have approved last Sunday a right-wing-backed proposal to ban construction of new minarets, a surprise result that could damage Switzerland's economic ties with Muslim states. Inscription in French reads: All Muslims.
  15. Demonstrators protest against the results of a vote that banned the construction of new minarets in Switzerland, in Geneva, Switzerland, Tuesday, Dec. 1, 2009. Swiss voters have approved last Sunday a right-wing-backed proposal to ban construction of new minarets, a surprise result that could damage Switzerland's economic ties with Muslim states.
  16. Demonstrators protest against the results of a vote that banned the construction of new minarets in Switzerland, in Geneva, Switzerland, Tuesday, Dec. 1, 2009. Swiss voters approved last Sunday a right-wing-backed proposal to ban construction of new minarets, a surprise result that could damage Switzerland's economic ties with Muslim states. Inscription in French reads: All Muslims.
  17. Dresses worn by Audrey Hepburn exhibited amongst dozens of garments and personal items once belonging to the Hollywood star, in Paris, Tuesday Dec. 1, 2009, prior to a auction in London on Dec. 8.
  18. Demonstrators protest against the results of a vote that banned the construction of new minarets in Switzerland, in Geneva, Switzerland, Tuesday, Dec. 1, 2009. Swiss voters have approved last Sunday a right-wing-backed proposal to ban construction of new minarets, a surprise result that could damage Switzerland's economic ties with Muslim states.