Thursday, 25 June 2009

UK: Pensions crisis: 96% of final salary schemes are doomed... OAPs worst off in Britain... and state funds withering on the vine

Australia: 1 in 4 pensioners living in poverty: The report says more than one in four Australian seniors live in poverty by international measures, which is the fourth highest old-age poverty rate in OECD countries, after Ireland, Korea and Mexico

Some Little Known Facts About The USA: Did you know that one in five US children still live in poverty, a rate exceeded only in Poland, Mexico, and Turkey

Warren Buffett to CNBC: U.S. Economy In "Shambles" .. No Signs of Recovery Yet: In a live interview on CNBC today, Warren Buffett said there has been little progress over the past few months in the "economic war" being fought by the country. "We haven't got the economy moving yet."

Obama warns of worse economy to come: President Barack Obama painted a bleak picture Tuesday of the economy, warning unemployment will get worse,