The banking crisis, high oil prices and the ballooning trade deficit China are causing employers to relocate to Asia rather than be caught in the U.S. tsunami. 
Are you a publisher? Try Daylife's Intelligent Content Services Platform
Selected and fresh photos from around the web.
-
Editor's pick
-
BASRA, IRAQ - OCTOBER 18: People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve.
-
Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008.
-
A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean.
-
BANGKOK, THAILAND - AUGUST 30: A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej.
-
-
Hot off the wire
-
France's Sebastien Chabal, right, runs with the ball followed by teammates Benjamin Kayser, left, and Romain Millo-Chluski, center, during their international rugby match against Australia at Stade de France in Saint Denis, north outskirts of Paris, Saturday, Nov. 22, 2008.
-
Astronauts Heidemarie Stefanyshyn-Piper (L) and Steve Bowen (R) work during the mission's third spacewalk cleaning and lubricating the International Space Station's starboard Solar Alpha Rotary Joint and replacing trundle bearing assemblies in this view from NASA TV November 22, 2008. Inside the station, the crew continues to transfer equipment between the two spacecraft as ground experts troubleshoot an issue with the station's new Urine Processor Assembly (UPA), part of the system designed to process urine, perspiration and hygiene water into drinkable water.
-
Takeshi Koizumi (2nd R-light blue shirt), a man suspected to being involved in the murder of a former top Japanese bureaucrat, is escorted by police officers as he leaves a police station for the Tokyo metropolitan police department early on November 23, 2008 after turning himself into police. Japanese police said Koizumi was being investigated in connection with the murder on November 17 of former top pensions bureaucrat Takehiko Yamaguchi, 66, and his wife Michiko, 61, with local media reporting that he handed in a bloodstained knife to police.
-
-
Recently starred
-
SAN JOSE, CA - OCTOBER 28: Sidney Crosby #87 of the Pittsburgh Penguins skates up to a face off during the NHL game against the San Jose Sharks at HP Pavilion on October 28, 2008 in San Jose, California. The Sharks defeated the Penguins 2-1.
-
NEW YORK - OCTOBER 22: The new JetBlue terminal is seen at John F. Kennedy International Airport on its first official day of operation October 22, 2008 the Queens borough of New York City. The $743 million building, known as Terminal 5 (T5), has 26 gates and will handle 500 daily departures and arrivals, close to doubling the airline's capacity at JFK.
-
ABUJA, NIGERIA - NOVEMBER 22: Singer Flo Rida arrives for the MTV Africa Music Awards 2008 at the Abuja Velodrome on November 22, 2008 in Abuja, Nigeria.
-
Mayor elected of Jerusalem Nir Barkat (C) greets the Western Wall Rabbi Shmuel Rabinovitch (R) during a visit to Judaism holiest site, on November 12, 2008 in Jerusalem's old city. The secular tycoon celebrating his election as Jerusalem mayor today vowed to turn the Holy City into a world metropolis and bolster its disputed status as Israel's "undivided" capital. Nir Barkat won 52 percent of the vote in yesterday's poll, routing an ultra-Orthodox rabbi, a scandal-plagued Russian-Israeli billionaire and a pro-cannabis candidate.
-
Quote from June Jobless Claims In The Recession Zone
The banking crisis, high oil prices and the ballooning trade deficit China are causing employers to relocate to Asia rather than be caught in the U.S. tsunami.
was said
in Forbes
More quotes from June Jobless Claims In The Recession Zone
The economy is sailing through dangerous, unchartered waters, and Henry Paulson and Ben Bernanke, the helmsmen, seem confused and unsteady, adding to pessimism about the outlook for U.S. GDP growth and jobs ... The Feds inadequate response to the credit crisis is undermining the exchange for the dollar against the euro. Cheap dollars permit Europeans to bid up the price of oil, further pushing up U.S. gasoline prices and exacerbating the U.S. economic slowdown.
said Peter Morici
in Forbes
Bottom line, Treasury and Federal Reserve policies toward China and the banks are manufacturing higher oil prices, inflation and recession. It is no surprise the economy is hemorrhaging jobs.
was said
in Forbes
Search all quotes
Inside Daylife
| World | People | Quoted | Highlights | The Wire | Galleries | Blog | Labs | On the rise |
|---|---|---|---|---|---|---|---|---|
|
Jimmy Carter Barred from Zimbabwe
US Kills Al Qaeda Mastermind of Airline Liquid Bomb Plot
Home Repair, 225 Miles Above The Earth
|
We have thousands of beautiful images from Getty, Reuters, and the Associated Press.
|
4 November 2008 | 12:24 pm
28 October 2008 | 9:05 am
15 October 2008 | 9:39 am
|
