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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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2014-11-21 National Front party (France)

France’s National Front in the spotlight

With the National Front on the rise in France, our reporters returned to three towns where the far-right party’s mayoral candidates won the most recent local elections.

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2014-11-14 Somalia

Somaliland: A would-be nation state

In the eyes of the international community, Somaliland is an autonomous region in Somalia, on the Horn of Africa. But most of its 3.5 million inhabitants do not consider the...

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2014-11-07 Liberia

Liberia: The daily threat of Ebola

Liberia is one of the countries most affected by the outbreak of Ebola, along with Sierra Leone and Guinea.

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2014-10-31 Mexico

USA - Mexico: A danger-ridden border

It’s one of the most porous borders in the world. Each month, abetted by smugglers working with drug cartels, thousands of Hispanic immigrants try to cross the frontier between...

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2014-10-24 Spain

Why does Catalonia want to leave Spain?

On November 9, 2014, Catalans were due to vote in a referendum on independence. But the poll was cancelled by the Constitutional Court after Prime Minister Mariano Rajoy’s...

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