Don't miss

Replay


LATEST SHOWS

FRANCE IN FOCUS

French presidential election: Over 40% remain undecided

Read more

EYE ON AFRICA

ICC orders Congo warlord germain Katanga to pay victims

Read more

MEDIAWATCH

Trumpcare Falls Before First Hurdle

Read more

THE WORLD THIS WEEK

Westminster Attack, Abadi in Washington (part 1)

Read more

THE WORLD THIS WEEK

Obamacare, Europe's Unholy Alliances, Martin McGuinness (part 2)

Read more

INSIDE THE AMERICAS

Export bans hit Brazil amid tainted meat scandal

Read more

#TECH 24

Inside Netflix's war room

Read more

FOCUS

French Catholic voters remain faithful to scandal-hit Fillon

Read more

PEOPLE & PROFIT

Growing ambitions: The forces driving India's economy

Read more

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. And you can watch it online as early as 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

COMMENT(S)

Archives

2017-03-23 Europe

Video: Crimean dissidents silenced by Moscow

Three years after the annexation of the Ukrainian peninsula of Crimea, Russia has deployed all the tools at its disposal, in the police and the justice system, to silence...

Read more

2017-03-16 Americas

Canada’s indigenous people determined to improve their lives

Although Canada regularly tops international rankings for its quality of life, the daily existence of the country’s indigenous people, also known as "First Nations", has more in...

Read more

2017-03-09 Middle East

Iraq's lost children: Victims of post-traumatic stress

In Iraq, thousands of civilians are fleeing the battle of Mosul against the Islamic State group jihadists. Many of the displaced have reached IDP camps in the north of the...

Read more

2017-03-03 Africa

Libya: Six years on, what remains of the revolution in key city of Zintan?

Six years have passed since the outbreak of the revolution that led to the ouster and killing of Libyan strongman Muammar Gaddafi. With the country divided between rival clans,...

Read more

2014-03-14 Bashar al-Assad

Syria’s chemical attacks: the inside story

A chemical weapons attack targeted the suburbs of Damascus in August 2013. The West threatened air strikes in response, and Syria agreed to destroy its chemical arms stockpile....

Read more