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...Things are really bad here in Canada," says Jayson Myers, president of Canadian Manufacturers & Exporters, the country's largest trade and industry association. "Our manufacturing and export performance is the worst it's been since the end of World War II." He points to a 30% reduction in manufacturing orders over a six-month period ending in March 2009 and a loss of 221,000 manufacturing jobs in the past 12 months as evidence of the deepening crisis...
...sobering note in Goldman's bullish report today is the clearly stated anxiety over next year's economy. "Although our current economic outlook is for below-trend growth through 2010, the risk of a 'double-dip' recession remains significant," the report notes. That said, Goldman Sachs raised its year-end price target for the stock market 13%, sending a strong message to institutional investors to not sit on their hands, even in the face of major uncertainties. Among the stock groups Goldman favors: energy, basic materials, financials and technology...
...entering the Uighur areas. The mobs would congregate and sprint to one area, then retreat and run in another direction. Tear-gas canisters exploded through the alleyways. Though there were rumors of Uighur deaths, the huge security presence managed to restore a semblance of order by the end of the day. Still, the possibility of fresh violence remained real - to the point that President Hu Jintao canceled his attendance at the G-8 summit in Italy and rushed home...
...Dead End Severe punishment. Even tighter control over the lives of Uighurs. Those seem to be the only policies Beijing is willing to contemplate. Yet this strategy has left Uighurs feeling trapped and desperate, says Alim Seytoff, a WUC spokesman: "If we speak up, we get killed. If we don't speak up, we will be wiped out." Nicholas Bequelin, a China researcher for New York City - based Human Rights Watch, says that a sense of helplessness - and hopelessness - drives the Uighurs to demonstrate: "They knew the terrible consequences of protesting for themselves and their families and yet they went...
...called mileuristas. "The mileurista," explains Daniel Lostao, president of the Youth Council of Spain, "is someone who earns €1,000 ($1,300) a month, despite all their education and training. They've got master's degrees and speak multiple languages, but they can only get a low-end job, where they're lucky to earn €1,000 a month. It makes you wonder: what's the point of going to university if you're going to end up a cashier?" (See pictures of a Spanish village...