Tuesday, March 31, 2009

Are The Doctors In Or Out?

[Click on images for enlargements.]

According to the IMF, collectively, the G-20 accounts for around 90% of global economic output and about two-thirds of the world's population.


The United States, Japan, Germany, France, the UK, Italy, Canada, China, Russia, India, Brazil, Australia, Turkey, Indonesia, South Korea, Argentina, Mexico, South Africa, Saudi Arabia, and the European Union. Spain is also participating.


"The global economic crisis will hit jobs hard, with unemployment set to reach double digits in many developing and advanced countries, the Organization for Economic Cooperation and Development (OECD) said on Sunday."

Francesca Piscioneri "Double-digit unemployment looms, OECD tells G8" Reuters March 30, 2009


"The World Bank released a grim report on Russia on Monday, projecting a 4.5 percent contraction in the economy in 2009 and warning that the financial crisis would push 5.8 million Russians into poverty unless the government shifted more spending to poor families. …

The report praised the government’s $85 billion anticrisis program, which stabilized Russia’s banks and prevented financial panic. But it said too little had gone to households — a hazard in a society where 37 million people, a quarter of the population, lives near the poverty line."

Ellen Barry "World Bank Grim on Russian Economy" New York Times March 31, 2009


According to the U.S. Bureau of Labor Statistics, the three fasting growing occupations in the United States, at present during the severe recession, are health care; education; and archivists, curators, and museum technicians.


Image credits: The Doctors (c) William Kentridge. 2009. Copyright controlled; and the U.S. Department of Labor, Bureau of Labor Statistics.


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