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Hu Jintao to Visit Struggling Ally Cuba
Source: The New York Times

China's President Hu Jintao travels to Cuba on Monday for a close-up look at the government of new President Raul Castro, a fellow communist struggling to lead his island nation through the devastating effects of three hurricanes and the international financial crisis.

Sheriff: I Will Stop Enforcing Evictions -- chicagotribune.com
Source: Chicago Tribune

Legal, real estate experts wonder how Dart's promise will play out

Iceland Announces Russian Loan, Nationalizes Bank
Source: The New York Times

Iceland nationalized its second-largest bank Tuesday under emergency legislation and said it was negotiating a 4 billion-euro ($5.4 billion) loan from Russia to shore up the nation's finances amid a full-blown financial crisis.

Really Good Questions & Answers About Bailout | TIME
Source: TIME: Real Clear Politics

Q:Is the money going to the wrong people/institutions? Why should the money go to these institutions instead of homeowners or banks who hold the sub-prime mortgages?

What's Wrong with Trickle-Up Economics?

It all trickles up anyway. Is the economy not like a food chain, in which the bottom...the plankton...is the money of individuals? If the plankton isn't there, no one eats. Of course, neither will the sharks in the end. It filters/trickles up no matter what.I'm not a communist.

Long-term unemployment in the US climbs 37 percent in one year
Source: WSWS

WSWS reports: The US economic slowdown has brought not only sustained job losses, but also a steep rise in the proportion those unemployed for prolonged periods.

As Gas Prices Soar, Elderly Face Cuts in Aid
Source: The New York Times

The NYT reports: Faced with soaring gasoline prices, agencies around the country that provide services to the elderly say they are having to cut back on programs like Meals on Wheels, transportation assistance and home care, especially in rural areas that depend on volunteers who …

The world food crisis and the capitalist market--Part Three
Source: World Socialist Web Site

WSWS reports: The current food crisis reflects not only financial events of recent years, but longer-term policies of world imperialism.

The world food crisis and the capitalist market--Part Two
Source: World Socialist Web Site

WSWS reports: The central problem underlying the current food crisis is not a physical lack of food, but rather its unaffordability for masses of people due to rapidly increasing prices.

The world food crisis and the capitalist market--Part One
Source: World Socialist Web Site

WSWS reports: As the June 3-5 Conference on World Food Security of the United Nations' Food and Agriculture Organization (FAO) began in Rome, FAO Director Jacques Diouf said of the explosion of food prices: "It is touching every country in the world.

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