Austerity plans cloud global jobs recovery: ILO

The UN labour agency said Friday
that employment in many countries would only return to
pre-crisis levels in 2015, two years later it previously
forecast, as austerity programmes aggravate job losses.

India, China leading global economic recovery: Moody`s

Boosted by good growth in India
and China, the world economy is starting to recover from the
one of the worst financial crisis in decades, says Moody`s.