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2014-07-11 21:47 AFRICA NEWS

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MEDIAWATCH

Finally, a good use for new app "Yo"

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THE WORLD THIS WEEK

The World This Week - 11 July 2014 (part 2)

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THE WORLD THIS WEEK

The World This Week - 11 July 2014

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REPORTERS

Exclusive: an unlikely victim of the 'War on Terror'

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#THE 51%

Sweden: A Feminist's Paradise?

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FRANCE IN FOCUS

Politics: parties under pressure

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FOCUS

In Burma, the rise of radical Buddhism

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ENCORE!

Haute Couture: the hand-stitched clothing made in Paris that sells for the price of small yachts

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An in-depth report by our senior reporters and team of correspondents from around the world. Every Saturday at 8.40 pm Paris time.

REPORTERS

REPORTERS

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

2014-07-11 Pakistan

Exclusive: an unlikely victim of the 'War on Terror'

In the wake of the 9/11 terror attack, questions have been asked about the tactics used in former US president George W. Bush's "War on Terror". Extraordinary rendition saw many...

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2014-07-04 Italy

Italy: Toxic Naples

Industrial sludge, all kinds of garbage and even nuclear waste... For years, organised crime dumped millions of tons of toxic waste on the outskirts of Naples. This contamination...

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2014-06-27 Northern Ireland

Northern Ireland: Old wounds reopened in Belfast

Northern Ireland’s Good Friday agreement, signed in April 1998, put an end to thirty years of conflict between Nationalists and Republicans. Since its signature, traditional...

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2014-06-20 refugees

Syria’s Armenians: Fleeing war for new hardship in their ancestral land

With the war, thousands of Armenians who have lived in Syria for several generations, mainly in Aleppo, have sought refuge in Armenia. But for many of them, returning to the land...

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2014-06-13 Brazil

Ribeirao Preto, the ‘Brazilian California’

During the World Cup, the French football team is staying in Ribeirao Preto, in the southeast of Brazil. Thanks to agribusiness and ethanol, this city located 320km from Sao...

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