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Obama's Africa legacy: US president warns against 'cancer of corruption' (part 1)

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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

2015-07-21 Iran

Iran: How the nuclear deal was done

On July 14th, Iran and six world powers struck a deal that brought an end to over 12 years of bitter stalemate. Tehran, suspected by some nations of attempting to acquire an...

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2015-07-17 India

India's Christians forced to pray in secret

Many Christians in India have to pray in secret. Churches are being set on fire, believers attacked and property vandalised. This rising tide of violence shows no sign of...

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2015-07-09 China

Is China choking to death?

A barely visible sun and a thick, smothering smog... After decades of rampant industrialisation, China is suffocating. Last year, the government declared war on pollution and...

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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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