Archivio tag: downturn

Serbia looks to IMF to boost economy

Serbia is seeking a $3bn bailout loan from the International Monetary Fund to help save it from financial ruin.

The global economic downturn represents a serious challenge for the country’s pro-European government.

Nicole Itano reports from Belgrade.

Sony workers take boss hostage

Workers at the French arm of Sony prevented their chief executive from leaving the plant in the south west of the country, essentially locking him in overnight.

They then released him and other executives after apparently securing better redundancy terms.

Nazanine Moshiri reports

Student struggles to find first job

Increasing unemployment is taking its toll around the world, and is not just affecting those who lose their jobs.

Students coming to the end of their training and education are also facing fewer career opportunities.

Hassan Al-Shohaty in London explains the difficulties in his search for a first job.