1.Ghost Town: An American Nightmare – Wilmington, a small town in America’s Midwestern rust belt, was home to the world’s largest private airport. Then recession struck. Olivia Fincato reports.Wilmington, a small town in America’s Midwestern rust belt, was home to the world’s largest private airport. Then recession struck.

2. The global financial crisis slashed the value of financial assets worldwide by a massive $50 trillion last year, with developing Asia suffering more than other emerging market regions.Global Market Losses Reach $50 Trillion

3.As the global economic downturn worsens, the industrialized nations are at odds over how to fight the crisis. Obama wants the Europeans to introduce additional stimulus programs, but Merkel insists Germany is already doing enough. America Is from Mars, Europe Is from Venus

4.The world economy faces the biggest rise in unemployment in decades. How governments react will shape labour markets for years to come. When jobs disappear

5.Companies struggle as cargo transport demand sinks so soon after a remarkable boom period. Shipping industry left with an empty feeling