Topic: Economic Crisis

Airlines to lose $2.8 bln in 2010: industry body

Airline industry group IATA on Thursday halved its 2010 loss forecast for airlines to 2.8 billion dollars as a recovery led by Asia and Latin America proves stronger than expected. "For a change today we have some good news to present. The good news is that we're cutting ...
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New data show weaker recovery in Japan

Japan's economy is recovering more slowly than previously thought from its worst recession on record, hobbled by stubborn deflation and weak domestic demand, government data showed Thursday. The world's number two economy expanded at a pace of 0.9 percent in October-December from the previous quarter, revised down ...
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Resources Offered to Protect Seniors in Tough Economic Times

Illinois attorney general offers new consumer protection initiativesOlder consumers trying to survive the economic downturn and avoid scam artists are getting a helping hand from the office of Illinois Attorney General Lisa Madigan. The AG has introduced a guide for protecting seniors in the current financial turmoil and launched a ...
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Senate passes $149 billion for jobless aid

WASHINGTON (Reuters) - The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November. The measure, approved by a vote of 62 to 36, now heads to the House of ...
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