|
In Pictures
|
|
|
|
Capitalism in question
|
|
|
|
Global: The number of jobless worldwide peaked at nearly 212 million in 2009, an increase of 34 million compared to 2007 (Source: International Labour Organisation) [EPA] Developed economies and the EU: Unemployment is projected to increase by an additional 3 million people in 2010 (Source: ILO) [EPA] Sub-Saharan Africa: The unemployment rate is estimated to have reached 10.5 per cent in 2009. This would represent an increase of 300,000 unemployed in 2010 versus 2009 (Source: ILO) [EPA] North Africa: The overall unemployment rate of 4.9 per cent in December 2009. However, the latest number for November 2009 was 10 per cent, an increase of more than 100 per cent over two years (Source: ILO) [EPA] US: The current recession began with an unemployment rate of 4.9 per cent in December 2007. However, the latest number for November 2009 was 10 per cent, an increase of more than 100 per cent over two years (Source: ILO) [GALLO/GETTY] In Asian, African and Latin American countries well over 500 million people are living in what the World Bank has called "absolute poverty" (Source: CIA Factbook) [GALLO/GETTY] 633 million workers and their families were living on less than $1.25 per day in 2008, with as many as 215 million additional workers living on the margin and at risk of falling into poverty in 2010 (Source: ILO) [GALLO/GETTY] Nearly one in four people, 1.3 billion - a majority of humanity - live on less than $1 per day, while 358 billionaires have assets exceeding the combined annual incomes of countries with 45 per cent of the population of the world (Source: Unicef) [EPA] 64 million more people are expected to be living in extreme poverty by the end of 2010 than would have been the case without the crisis, according to updated analysis (Source: World Bank Report - January 2010) [GALLO/GETTY] Between 30,000 and 50,000 additional children may have died of malnutrition in Africa in 2009 because of the crisis (Source: World Bank Report - January 2010) [GALLO/GETTY] Global demand for non-agricultural commodities is declining, leading to falling exports, job losses and lower government revenue. Sierra Leone has laid off 90 per cent of its diamond mine workers; in Zambia some 5,000 copper miners have been laid off, with each mining job sustaining an estimated 20 jobs in the informal economy; Botswana has temporarily mothballed the diamond mines that generate 80 per cent of its exports (Source: World Bank Report) [GALLO/GETTY] Private capital flows to emerging markets were approximately $165 billion in 2009, after an estimated $466 billion in 2008, and a record volume of $929 billion in 2007 (Source: World Bank Report) [EPA] US foreclosures by year end totalled more than six million with some estimates as high as another seven million forthcoming over the next two years. No longer a subprime mortgage issue, one-third of the foreclosures in the third quarter of 2009 were prime loans, which make up 78 per cent of all US mortgages; these are owners who have been in their homes for years and are now losing them due to extended unemployment [GALLO/GETTY] Even though the US economy grew in the last quarter of 2009, one million families lost their homes during that same period [GALLO/GETTY] In 2009, Royal Dutch Shell was the biggest company in terms of revenues, with $459 billion in revenues and $26 billion in profits (Source: Fortune Global 500 figures) [EPA] Exxon Mobil was the second largest but the most profitable company in 2009 with $443 billion in revenues and $45 billion in profits. WalMart came third with $406 billion in revenues and $14 billion in profits (it is also the biggest employer with 2.1 million employees) [EPA] Out of the top 10 companies in revenues, seven are oil companies and four are US-based [GALLO/GETTY] If Royal Dutch Shell was a country, it would come 20th in the global list - similar to Belgium and much bigger than the likes of Saudi Arabia, Argentina or South Africa [EPA] To satisfy worldwide sanitation and food requirements would cost only $13 billion - what the people of the US and the EU spend on perfume each year (Source: CIA Factbook) [GALLO/GETTY] For the price of one missile, a school full of hungry children could eat lunch every day for five years (Source: CIA Factbook) [GALLO/GETTY] The assets of the three richest men in the world are more than the combined GNP of all the least developed countries on the planet (Source: CIA Factbook) [GALLO/GETTY] LA Galaxy paid more for David Beckham ($250 million) than JP Morgan paid for Bear Stearns ($236 million) [EPA]
|
|
|
Capitalism in question
/mritems/Images/2010/3/2/201032141147764797_8.jpg;*;/mritems/Images/2010/3/2/201032141315951797_8.jpg;*;/mritems/Images/2010/3/2/20103214753405360_8.jpg;*;/mritems/Images/2010/3/2/201032141223201621_8.jpg;*;/mritems/Images/2010/3/3/20103313126356621_8.jpg;*;/mritems/Images/2010/3/2/20103214827420371_8.jpg;*;/mritems/Images/2010/3/2/201032149161360_8.jpg;*;/mritems/Images/2010/3/2/20103214101992371_8.jpg;*;/mritems/Images/2010/3/2/20103214939608360_8.jpg;*;/mritems/Images/2010/3/3/201033132431418360_8.jpg;*;/mritems/Images/2010/3/3/201033132456340112_8.jpg;*;/mritems/Images/2010/3/2/201032141547701112_8.jpg;*;/mritems/Images/2010/3/3/201033131257793360_8.jpg;*;/mritems/Images/2010/3/3/201033132231184734_8.jpg;*;/mritems/Images/2010/3/2/20103214143498112_8.jpg;*;/mritems/Images/2010/3/2/201032141519733112_8.jpg;*;/mritems/Images/2010/3/3/201033132545965797_8.jpg;*;/mritems/Images/2010/3/2/201032141428576371_8.jpg;*;/mritems/Images/2010/3/2/20103214163314784_8.jpg;*;/mritems/Images/2010/3/3/201033132612840112_8.jpg;*;/mritems/Images/2010/3/3/20103313252112371_8.jpg;*;/mritems/Images/2010/3/2/201032141451373797_8.jpg
Global: The number of jobless worldwide peaked at nearly 212 million in 2009, an increase of 34 million compared to 2007 (Source: International Labour Organisation) [EPA];*;Developed economies and the EU: Unemployment is projected to increase by an additional 3 million people in 2010 (Source: ILO) [EPA];*;Sub-Saharan Africa: The unemployment rate is estimated to have reached 10.5 per cent in 2009. This would represent an increase of 300,000 unemployed in 2010 versus 2009 (Source: ILO) [EPA];*;North Africa: The overall unemployment rate of 4.9 per cent in December 2009. However, the latest number for November 2009 was 10 per cent, an increase of more than 100 per cent over two years (Source: ILO) [EPA];*;US: The current recession began with an unemployment rate of 4.9 per cent in December 2007. However, the latest number for November 2009 was 10 per cent, an increase of more than 100 per cent over two years (Source: ILO) [GALLO/GETTY];*;In Asian, African and Latin American countries well over 500 million people are living in what the World Bank has called "absolute poverty" (Source: CIA Factbook) [GALLO/GETTY];*;633 million workers and their families were living on less than $1.25 per day in 2008, with as many as 215 million additional workers living on the margin and at risk of falling into poverty in 2010 (Source: ILO) [GALLO/GETTY];*;Nearly one in four people, 1.3 billion - a majority of humanity - live on less than $1 per day, while 358 billionaires have assets exceeding the combined annual incomes of countries with 45 per cent of the population of the world (Source: Unicef) [EPA] ;*;64 million more people are expected to be living in extreme poverty by the end of 2010 than would have been the case without the crisis, according to updated analysis (Source: World Bank Report - January 2010) [GALLO/GETTY];*;Between 30,000 and 50,000 additional children may have died of malnutrition in Africa in 2009 because of the crisis (Source: World Bank Report - January 2010) [GALLO/GETTY];*;Global demand for non-agricultural commodities is declining, leading to falling exports, job losses and lower government revenue. Sierra Leone has laid off 90 per cent of its diamond mine workers; in Zambia some 5,000 copper miners have been laid off, with each mining job sustaining an estimated 20 jobs in the informal economy; Botswana has temporarily mothballed the diamond mines that generate 80 per cent of its exports (Source: World Bank Report) [GALLO/GETTY];*;Private capital flows to emerging markets were approximately $165 billion in 2009, after an estimated $466 billion in 2008, and a record volume of $929 billion in 2007 (Source: World Bank Report) [EPA];*;US foreclosures by year end totalled more than six million with some estimates as high as another seven million forthcoming over the next two years. No longer a subprime mortgage issue, one-third of the foreclosures in the third quarter of 2009 were prime loans, which make up 78 per cent of all US mortgages; these are owners who have been in their homes for years and are now losing them due to extended unemployment [GALLO/GETTY];*;Even though the US economy grew in the last quarter of 2009, one million families lost their homes during that same period [GALLO/GETTY];*;In 2009, Royal Dutch Shell was the biggest company in terms of revenues, with $459 billion in revenues and $26 billion in profits (Source: Fortune Global 500 figures) [EPA];*;Exxon Mobil was the second largest but the most profitable company in 2009 with $443 billion in revenues and $45 billion in profits. WalMart came third with $406 billion in revenues and $14 billion in profits (it is also the biggest employer with 2.1 million employees) [EPA];*;Out of the top 10 companies in revenues, seven are oil companies and four are US-based [GALLO/GETTY];*;If Royal Dutch Shell was a country, it would come 20th in the global list - similar to Belgium and much bigger than the likes of Saudi Arabia, Argentina or South Africa [EPA] ;*;To satisfy worldwide sanitation and food requirements would cost only $13 billion - what the people of the US and the EU spend on perfume each year (Source: CIA Factbook) [GALLO/GETTY];*;For the price of one missile, a school full of hungry children could eat lunch every day for five years (Source: CIA Factbook) [GALLO/GETTY];*;The assets of the three richest men in the world are more than the combined GNP of all the least developed countries on the planet (Source: CIA Factbook) [GALLO/GETTY];*;LA Galaxy paid more for David Beckham ($250 million) than JP Morgan paid for Bear Stearns ($236 million) [EPA]
0
Featured on Al Jazeera
Industrial civilisation's entire economy is based on a finite resource we treat as infinite.
Similar tactics of oppression have been used by the leadership of Egypt and Syria to weaken the will of their people.
African refugees going to Israel take a harrowing journey to get there - only to be left to fend for themselves.
The war between Israel and Iran is already underway, even if the methods employed on both sides are subterranean.