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Turkey's Border Bother: Ankara wary of emboldened Kurds (part 2)

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Turkey's Border Bother: Ankara wary of emboldened Kurds (part 1)

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Tunisia Attack: UK ponders airstrike in Syria; Uber Popped: service suspended after French taxi revolt

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Greece's Choice: Europe holds its breath over Sunday's referendum

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Jordan: Where a rapist can marry his victim

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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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Archives

2015-07-03 Libya

Libya in search of unity

Four years after the fall of Gaddafi, Libya is deeply divided with two governments and two armies. The Islamist militia Fajr Libya (Libya Dawn) controls the capital Tripoli....

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2015-06-26 Kenya

Kenya's vicious circle: Terrorism and counter-terrorism

Last April, two years after the massacre at the Nairobi shopping mall, Kenya was again plunged into horror. At Garissa University in eastern Kenya, 148 students were shot dead in...

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2015-06-12 Burma

The Great Rohingya 'Exodus'

In Burma, the stateless Rohingya minority, estimated at 1.3 million people, is systematically discriminated against by both the authorities and extremist Buddhist monks.

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2015-06-05 Ukraine

Ukraine: A phoney war in strategic Mariupol

Mariupol is a strategic port on the Sea of Azov in eastern Ukraine. It is one of the last major eastern cities still controlled by Kiev, but it remains under constant threat from...

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2015-05-29 Iraq

Video - Abu Azrael: ‘Iraq’s Rambo’

In the Iraqi army and on social networks, he’s an icon. Abu Azrael, a Rambo-like Shiite militiaman, has helped push back the Islamic State (IS) group in Iraq. Our reporters went...

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