In the News

Wal-mart leads charge in race to grab a slice of China

Guardian

US giant launches big push in competition for burgeoning £140bn retail market Jonathan Watts in Beijing

The last things the turtles see in the Wal-Mart megastore in northern Beijing are bright fluorescent lights, masked shop assistants and, if they crane their necks over the edge of their plastic container, a chalk board offering them for sale at the bargain price of 39.8 yuan (£2.86) each.

Massive Layoffs Signal Global Depression: Review of Labor Situation in the Philippines

Ecumenical Institute for Labor Education and Research, Inc.

The current deep recession that is expected to lead into a severe depression has began to kick into high gear in the Philippines in the first few weeks of the new year, portending worse things to come for the country's 36-million strong labor force. Despite the government's claims at "safeguarding" the workers "amidst the global storm", the people and the ordinary workers will evidently be made to bear the heaviest blows of the crisis.

From bad to worse

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