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ENCORE!

Cannes 2017: Nicole Kidman, Queen of the festival

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EYE ON AFRICA

Abdelamadjid is the new Algerian Tebboune Prime Minister

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MEDIAWATCH

Trump's Handshake Showdown

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THE DEBATE

Trump at NATO: What future for the Atlantic Alliance? (part 2)

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THE DEBATE

Trump at NATO: What future for the Atlantic Alliance? (part 1)

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FOCUS

Life after IS group: Young Iraqis learn to live together in Kirkuk

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ENCORE!

Cannes 2017: Robert Pattinson stars in Safdie brothers heist 'Good Time'

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THE INTERVIEW

Trump on 'learning curve' but poll numbers 'will go up'

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INSIDE THE AMERICAS

Is Venezuela on the verge of anarchy?

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REPORTERS

An in-depth report by our senior reporters and team of correspondents from around the world. Every Saturday at 9.10 pm Paris time. Or you can catch it online from Friday.

Latest update : 2009-10-21

New York's slow recovery

New Yorkers are used to working hard. But with unemployment nearly doubling over the last year, many find they’re working harder than ever to keep their job, or just to find one.

A year ago, Lehman Brothers -one of the world’s biggest investment banks- collapsed, accelerating a severe financial crisis. Markets worldwide experienced one of their worst years in decades. Banks stopped lending to each other, slowing down the financial system.

But that’s only half the story: the financial crisis turned into an economic disaster, impacting the lives of millions.

We went to New York, the Ground Zero of finance, where the crisis began, to find out how ordinary people are doing. What we found is a city struggling to recover. It doesn’t show when you’re standing in the middle of Manhattan, but scratch the shiny surface and you’ll see the effects of a weak economy. Lionel, the cab driver in search of customers; Ravinda, the labourer eager for more hours on the factory floor; Amy, the unemployed financial expert forced to create her own job: these are the faces of New York’s economy.

 

By Willy BRACCIANO , Cyril VANIER

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Archives

2017-05-18 Asia-pacific

Video: India's battle against 'superbugs'

It’s the gravest healthcare threat facing humanity. The World Health Organization has estimated that antibiotic resistance, or ‘superbugs’ as these bacteria have come to be...

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2017-05-12 Middle East

How natural gas could be a geopolitical game-changer in the Mideast

It's a discovery that could easily shake up the geopolitical order in the Middle East. Deep under the eastern Mediterranean lies the largest natural gas basin ever found on...

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2017-05-04 Asia-pacific

Forced into exile: The plight of the Rohingyas

There are more than 1.3 million Rohingya people in the world. Although they have lived in Burma for more than two centuries, this Muslim minority is not among those officially...

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2017-04-28 Spain

The booming business of cannabis in Spain

In Spain, thanks to the success of the "clubs" that have cropped up since 2011, cannabis has become a gold mine. From by-products such as cannabis lollipops and drinks, to...

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2017-04-21 France

Battle to stop nuclear waste being buried in a French village

The village of Bure, in eastern France, has become a battleground for environmentalists. It has been chosen as a site to bury radioactive waste, 500 metres underground. An...

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