• UK economy 'now at 28-year low'

  The UK economy likely declined 1.5% in the last three months of 2008, its worst performance in 28 years, a study reports.

• US job losses hit record in 2008

  More US workers lost jobs in 2008 than in any year since World War II, with employers axing 2.6 million posts.

• Iceland buys 51 Woolworths stores

  Frozen food retailer Iceland buys 51 former Woolworths stores, and says it plans to create 2,500 new jobs.

• View Waterfront Deals by Boat

  Florida company offers boat tours of foreclosed homes.

• 2.6 Million Jobs Lost In 2008

  ABC's Tanya Rivero and Dan Arnall on the dismal job numbers from 2008.

• Subdued mood at CES

  Jan. 9 - Technology takes center stage the the Consumer Electronics Show in Las Vegas despite a gloomy economy.

  
  
  

“Don't take refuge in delusion.” - Karen Armstrong

“I believe that despite the enormous odds which exist, unflinching, unswerving, fierce intellectual determination, as citizens, to define the real truth of our lives and our societies is a crucial obligation which devolves upon us all. It is in fact mandatory. If such a determination is not embodied in our political vision we have no hope of restoring what is so nearly lost to us - the dignity of man.” - Harold Pinter, Nobel Lecture 2005