Posts Tagged ‘economic recession’

Debt crisis makes Mafia Italy’s biggest bank

Diane Alter – AHN News Reporter Rome, Italy (AHN) – Italy’s banking system has a new “boss.” Thanks to the country’s ballooning debt crisis, the Mafia is Italy’s biggest “bank,” according to a study by Confesercenti. The country’s four mafia groups have expanded from their storied strongholds in the sun-baked “Mezzogiomo” south of Rome, and [...]

Personal Finance – Transition During These Hard Economic Times

The current world wide recession has seen many find it hard to maintain their lavish lifestyles. To some people it has become even difficult to meet their daily needs. Things that before were needs have now become wants since they are no longer affordable and someone has no choice but to live without them, all [...]

Congress seeks low budget plans to protect mass transit from terrorism

Tom Ramstack – AHN News Legal Correspondent Washington, D.C., United States (AHN) – Congress discussed Wednesday how to protect mass transit on a dwindling budget as new threats arise after the death of Osama bin Laden. Al-Qaeda attacks against public transportation targets not only destroyed airliners on Sept. 11, 2001 but also killed hundreds of [...]

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