Hard hitting global and local news
Error Over Quota This application is temporarily over its serving quota. Please try again later.
We can now put some numbers on "forced retirement" thanks to a Fed study that shows 40% of households show signs of financial stress Four out of 10 American households were straining financially five years after the Great Recession — many struggling with tight credit, education debt and retirement issues, according to a new Federal Reserve survey of consumers. This latest snapshot, which the Fed said was aimed at monitoring the recovery and risks to financial stability, adds to the understanding of the severity of the Great Recession’s effect on households and individuals
See the article here: Meet "McCashier" Your $15.00 Per Hour McDonald’s Worker Replacement
More: Obama Considers Airstrikes or Humanitarian Air Drops in Iraq
Taken from: Italy "Unexpectedly" Slips Back Into Recession
See more here: Household Demographics 2003 vs. 2013: Spotlight on Age of Head of Household
Housing Insanity Japanese Style: Record Number of Vacant Homes in Japan, Abe Wants to Stimulate Home Building Thanks to a rapidly aging population, record numbers of Japanese homes sit vacant according to the July 30, 2014 Asian Review report Vacant Homes in Japan Reach Record as Outlying Population Shrinks . A record 13.5% of all homes in Japan were unoccupied as of last October, reflecting an exodus from outlying regions of the country and a general aversion to used homes. Preliminary figures for a study on homes and land, conducted once every five years, were released on Tuesday by the Internal Affairs Ministry
Moscow May Force European Airlines to Fly Around Russia . Russian Prime Minister Dmitry Medvedev threatened on Tuesday to retaliate for the grounding of a subsidiary of national airline Aeroflot because of EU sanctions, with one newspaper reporting that European flights to Asia over Siberia could be banned. Low-cost carrier Dobrolyot, operated by Aeroflot, suspended all flights last week after its airline leasing agreement was cancelled under European Union sanctions because it flies to Crimea, a region Russia annexed from Ukraine in March
