Feb 12 2009

Nearly 1 billion starving worldwide

The increasing price of food has spiked the number of hunger-stricken people in the world by 40 million to reach 923 million in 2008.According to a recent report by the Food and Agriculture Organization of the United Nations (FAO), more people will fall under the undernourished category if the current economic trend continues in the [...]

Jan 17 2009

First bank failures of ‘09

The financial crisis has claimed its first two banks in 2009 at an approximate cost to the FDIC of more than $200 million.

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