World financial markets jittery as investors are jolted by US job cut reports as recession looms
A report on Friday showing hiring by US employers slowed last month by much more than expected followed weak reports on manufacturing and construction and stoked fears the US economy was finally bending under the pressure of high interest rates. Investors worldwide sold stocks and moved to the safety of bonds, pushing bond yields sharply lower.
Student protests kill over 100 people as 220 million in India apply for ‘reserved’ government jobs
Sunil Kumar, a 30-year-old, has spent the past nine years of his life chasing a job in the Indian government. Packed with scores of others in makeshift classrooms under tin roofs with barely enough light and air, Kumar has spent years cramming for a variety of tests, including the prestigious...
