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Global Economic Crisis Deepens
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Description:
Two new reports provide more evidence that the global economy has worsened. Citigroup, the fourth largest U.S. bank, says it is cutting 14 percent of its workforce to deal with the financial...
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Description:
Two new reports provide more evidence that the global economy has worsened. Citigroup, the fourth largest U.S. bank, says it is cutting 14 percent of its workforce to deal with the financial crisis. And a new report from Japan shows the world's second largest economy is shrinking. The bad news comes as world leaders concluded economic discussions in Washington.
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Date:
Tue, 18 Nov 2008
Tags:
summit
,
crisis
,
G-20
,
global
,
world
,
VOA
,
Japan
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