economic recession

Strong link between suicide and economy--CDC

The reasons behind suicide are complex. Isolation and depression are known to influence suicide rates but can economic distress trigger suicidal thoughts?

Report: Corporate crime up in Canada

Toronto -- The economic recession has led to an upswing in corporate crime in Canada in the past year, a report released by an advisory firm in Toronto said Thursday.

The PricewaterhouseCoopers Investigations & Forensic Services' Global Economic Crime Survey said reported corporate crime affected 56 percent of companies, up 10 percent from 2003.

Of the crimes, 83 percent involved theft of tangible assets through fraudulent means, the report said.

Among Canadian companies, 24 percent estimated their fraud-related losses to be more than $500,000 in the past year and 59 percent of companies said external fraudsters perpetrated the fraud.

3 more banks shut down, failure tally 92

New York, September 12 -- The economic downturn forced regulators to shut down Corus Bank in Illinois and two other smaller financial institutions on Friday.

China’s manufacturing declines for 8th successive month

Beijing, April 1: The economic recession has spared none. The manufacturing sector of China, the world's third-largest economy, shrank for the eighth month on the trot.