The headlines on the front page of the 7 November New York Times, one after the other, tell a stark story of an economy in a tailspin: Unemployment rate at 14-year high after big October losses; Ford plans cuts as it burns through $7.7 billion; Retailers report a [double digit] sales collapse.

Posted by :: Ellen Wallace on 7 November 2008 at 15:49 | permalink
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News story, GenevaLunch, 7 November 2008.

Filed under: World news

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