As the full severity of the mortgage crisis emerged over the past year, there were still defenders of the free-market system ready to counter every criticism of sub-prime mortgage peddlers and profit-hungry banks by pinning the blame on the real culprits.
Lee Sustar
Hollywood writers won gains following a 14-week strike against TV and film producers that ended with a new contract giving them a percentage of revenue for programs streamed on the internet a demand that industry bosses had vowed to resist.
The pink slips are piling up, and jobs are getting a lot harder to find. Thats the unmistakable conclusion of the US governments employment report for December.
The blatantly rigged election victory by Kenyan President Mwai Kibaki in the December 27 presidential election triggered nationwide violence that took place largely along ethnic lines.
A general strike that shook the African state of Guinea ended on February 27 with the appointment of a new prime minister acceptable to the trade unions and the political opposition.
Thailands September 19 tanks and flowers coup quickly turned nasty, as a military junta imposed media censorship, banned political gatherings of more than five people and prohibited the formation of political parties.