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G20 Protests Tear Gassed in Pittsburgh

Riot police in Pittsburgh fired teargas and pepper spray to break up what it says was an unauthorized G 20 economic summit protests. Many of the marchers wore black and carried signs denouncing capitalism. They tried to head from from a city neighborhood to the convention center, where world leaders are gathering.

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Japan Is Out Of Recession

Japan, the second largest world economy recovers and is on the path to growth. Japan is marking the first quarter of economic growth, expanding 0.9 percent in country's first quarter of fiscal year.

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Economy Central In G8 In Italy

U.S. President Barack Obama is in Italy Wednesday for talks with the world's most powerful leaders during the Group of Eight economic summit. In a story published in L.A. Times the Obama team says there is consensus on global economic stimulus.

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G20 Summit In Pittsburgh Next September

U.S. government has announced that the next G20 summit will be hosted in Pittsburgh, the date of which is Sept. 24 and 25.

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How Recession Hit Toyota In Japan

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This is a very interesting coverage from France 24 on how the Japanese and global recession has hit Toyota and how its workers are faring.

It tells about the Toyota City (named after the car maker) and Nagoya life, the population of which mainly works for Toyota. The tax revenues in these cities have dropped 96 percent, as they come mainly from the corporate taxpayers.

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Financial Hardship and Depression – It's Not Worth Suicide

Today's economic downturn shares a variety of factors with recessions of the past, as well as with the Great Depression. One of the most tragic similarities is the increase in the number of suicides, which has been documented in recent news reports and studies of mental health during past periods of economic difficulty. It doesn't have to be that way.

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Time For Spiderman Economics: Power and Responsibility

“With great power comes great responsibility”, opined Spiderman’s uncle. Unfortunately it’s not a lesson that the leaders and employees of the world’s great financial institutions ever took on board. In their world power is money and responsibility is somebody else’s problem.

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Will The Economic Recovery End Western Economic Domination?

Nobody can really predict for sure how long this global economic crisis is going to last. In the beginning, it was predicted that it will extend to 2010 but being a year into this crisis, this idea seems a little bit strained. Whenever it is going to end, the future after the greatest recession is a big question mark.

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How Big Is a One Trillion Dollar?

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Recently G-20 meeting pledged one trillion dollars that will be made available through the International Monetary Fund to boost the world economy.

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Peaceful G20 Protest Held in Pittsburgh

While protests of the G20 Summit in London turned violent last week, a more peaceful demonstration took place in downtown Pittsburgh.

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Gordon Brown Announces New World Order

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Gordon Brown Announces 'New world order is emerging' At G20. As the talks of international reserve currency and increased role of the international institutions grow, we are getting one step closer to One World Government.

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Six Pledges of G-20

Here are the six pledges that the G-20 made today. It's in brief.

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