US unemployment rate reaches 9.8%

Friday, October 2, 2009 Companies in the United States are shedding more jobs, pushing the country’s unemployment rate to a 26-year high of 9.8%. The US Labor Department said on Friday that employers cut 263,000 jobs in September, with companies in the service industries — including banks, restaurants and retailers — hit especially hard. This […]

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New Zealand runs low on 20 cent coins

Tuesday, December 5, 2006 The Reserve Bank of New Zealand wrote to retails banks warning them that there will be a shortage on 20 cent coins (NZ$0.20) leading up to Christmas. They have now announced that they have distributed 4.75 million new twenty cent coins in the past week alone “…close to the number issued […]

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Mumbai officials demolish 39K shanties; 200K homeless

December 25, 2004 Officials in Mumbai, India, demolished over 6,000 shanties today in a push to eradicate the capital city’s slums. In total, 39,000 shanties have been flattened, displacing over 200,000 people, in the city’s biggest-ever demolition drive, which began in early December. When complete, over 2 million people are expected to be displaced. After […]

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Blasts in Mexico rips gas and oil pipelines

Monday, September 10, 2007 Oil and gas pipelines in Mexico were attacked in six different places Monday, forcing the evacuation of approximately 12,000 residents. The six blasts were to reported to have happened at about 2:00 a.m on Monday morning. The company who owns the pipelines, Petroleos Mexicanos, shut down all lines after the attack. […]

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