Tuesday, 21 June 2011

U.N. Reports Steady Rise of Refugees: The United Nations refugee agency said Monday that as of last year, 43.7 million people around the globe had been forcibly displaced from their homes by conflict or persecution, the highest number in 15 years.

IMF: Eurozone crisis poses global threat: The warning comes as the international crisis lender and the eurozone work on clearing the next euro12 billion installment of bailout loans to Greece.

Power cuts hit Greece as protests grow: Greece was hit by rolling blackouts Monday as employees at the main power utility began 48-hour rolling strikes to protest the company's privatization, part of austerity plans needed to avoid a national debt default.

Thousands protest against government austerity measures in Greece: Video -

Spanish Revolution : Live video feed

Middle-class worker loyalty to employers on decline: The harsh economic climate has frayed relationships between middle-class workers and their employers. An already-strained sense of loyalty has been further damaged by stagnant wages, rapid-fire mass layoffs and persistent fears of job loss.