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  <channel>
    <title>LinkTV World News Video Feed</title>
    <link>http://news.linktv.org</link>
    <description>Link TV News Videos (Filtered by topics: Recession)</description>
    <language>en-us</language>
    <pubDate>Fri, 21 Dec 2012 18:25:00 -0800</pubDate>
    <copyright>Copyright 2011 Link Media, Inc.</copyright>
      <item>
        <title>Vietnamese Tighten Belts as Economy Slumps</title>
        <link>http://news.linktv.org/videos/vietnamese-tighten-belts-as-economy-slumps-linkasia?start=0</link>
        <description>After growing at nearly ten percent a year in the past decade, Vietnam's economy will be lucky to reach half that in 2012. As a result, Vietnamese are curbing consumption and saving more. Vietnamese broadcaster VTV4 reports on what this means for the country's businesses.</description>
        <pubDate>Fri, 21 Dec 2012 18:25:00 -0800</pubDate>
        <guid>http://news.linktv.org/videos/vietnamese-tighten-belts-as-economy-slumps-linkasia</guid>
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-14875000/14875737/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=6916fcae3191b5e1954ce6b938d351c7" />
        <media:keywords>Vietnam, Recession, Economy, Southeast Asia, Vietnamese language, Hanoi, VTV4, LinkAsia, Yul Kwon</media:keywords>
        <media:text>After growing at nearly ten percent a year in the past decade, Vietnam's economy will be lucky to reach half that in 2012. As a result, Vietnamese are curbing consumption and saving more. Vietnamese broadcaster VTV4 reports on what this means for the country's businesses. </media:text>
      </item>
      <item>
        <title>'Sense of Crisis' Palpable as Japan's Economy Sinks</title>
        <link>http://news.linktv.org/videos/sense-of-crisis-palpable-as-japans-economy-sinks-linkasia?start=0</link>
        <description>As Japan prepares for elections in December, the economy has slowed and consumer demand has fallen through the floor. South Korean broadcaster MBC reports on what some families are doing to pinch yen as salaries drop.</description>
        <pubDate>Fri, 30 Nov 2012 18:24:00 -0800</pubDate>
        <guid>http://news.linktv.org/videos/sense-of-crisis-palpable-as-japans-economy-sinks-linkasia</guid>
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-14420000/14420486/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=12f32e3427e338dc34f1f461569e42be" />
        <media:keywords>Japan, Economy of Japan, Consumerism, Tokyo, Economics, Recession, South Korea, Seoul, Munhwa Broadcasting Corporation, LinkAsia</media:keywords>
        <media:text>As Japan prepares for elections in December, the economy has slowed and consumer demand has fallen through the floor. South Korean broadcaster MBC reports on what some families are doing to pinch yen as salaries drop.</media:text>
      </item>
      <item>
        <title>Bank Rejections Force South Koreans into High Interest Loans</title>
        <link>http://news.linktv.org/videos/bank-rejections-force-south-koreans-into-high-interest-loans-linkasia?start=0</link>
        <description>Although South Korea has escaped the worst of the global recession, the country is still feeling the crunch. MBC reports that major banks are rejecting most loan applications, forcing people to take out extremely high interest loans from private lenders.</description>
        <pubDate>Fri, 02 Nov 2012 17:51:00 -0700</pubDate>
        <guid>http://news.linktv.org/videos/bank-rejections-force-south-koreans-into-high-interest-loans-linkasia</guid>
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-13334000/13334737/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=3d1f56ef71a090edc16e17360d3933ea" />
        <media:keywords>South Korea, Economy, Loan, Bank, Recession, World economy, Seoul, Munhwa Broadcasting Corporation, LinkAsia, Yul Kwon</media:keywords>
        <media:text>Although South Korea has escaped the worst of the global recession, the country is still feeling the crunch. MBC reports that major banks are rejecting most loan applications, forcing people to take out extremely high interest loans from private lenders.</media:text>
      </item>
      <item>
        <title>China: Recession Cuts Down Exports of Plastic Christmas Trees</title>
        <link>http://news.linktv.org/videos/china-recession-cuts-down-exports-of-plastic-christmas-trees-linkasia?start=0</link>
        <description>The ongoing recession in the United States and Europe has driven down sales of artificial Christmas trees manufactured in China. CCTV News looks at the impact of the drop in exports on Chinese companies.&amp;nbsp;</description>
        <pubDate>Wed, 31 Oct 2012 15:51:00 -0700</pubDate>
        <guid>http://news.linktv.org/videos/china-recession-cuts-down-exports-of-plastic-christmas-trees-linkasia</guid>
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-13190000/13190069/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=883bcee8e4684c5df5ec1805d1123394" />
        <media:keywords>China, Artificial Christmas tree, International trade, Recession, Manufacturing, Christmas, CCTV News, United States, Europe, LinkAsia</media:keywords>
        <media:text>The ongoing recession in the United States and Europe has driven down sales of artificial Christmas trees manufactured in China. CCTV News looks at the impact of the drop in exports on Chinese companies. </media:text>
      </item>
      <item>
        <title>Koreans Seeing Red During Spicy Food Craze</title>
        <link>http://news.linktv.org/videos/koreans-seeing-red-during-spicy-food-craze-linkasia?start=0</link>
        <description>South Korean companies are doubling down on the color red, as spicy foods in red packaging and bright red lipstick are selling through the roof. South Korean broadcaster MBC reports on why red works as a marketing tool.</description>
        <pubDate>Wed, 31 Oct 2012 11:56:00 -0700</pubDate>
        <guid>http://news.linktv.org/videos/koreans-seeing-red-during-spicy-food-craze-linkasia</guid>
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-13179000/13179887/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=03b2a619fff84f699951bea359f301ba" />
        <media:keywords>South Korea, Red, Food industry, Economy, Recession, Seoul, Korean Peninsula, Munhwa Broadcasting Corporation, LinkAsia, Yul Kwon</media:keywords>
        <media:text>South Korean companies are doubling down on the color red, as spicy foods in red packaging and bright red lipstick are selling through the roof. South Korean broadcaster MBC reports on why red works as a marketing tool.</media:text>
      </item>
      <item>
        <title>Donnybrook Playback: Watch Obama, Romney Clash in Testy Second Debate</title>
        <link>http://news.linktv.org/videos/donnybrook-playback-watch-obama-romney-clash-in-testy-debate?start=0</link>
        <description>President Barack Obama and Mitt Romney mix it up at Long Island's Hofstra University in a fiery town hall debate moderated by CNN's Candy Crowley. The angry foes clashed on topics from Libya to energy, the economy to immigration.&amp;nbsp;</description>
        <pubDate>Tue, 16 Oct 2012 19:49:00 -0700</pubDate>
        <guid>http://news.linktv.org/videos/donnybrook-playback-watch-obama-romney-clash-in-testy-debate</guid>
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-12297000/12297679/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=02000f080cac9d2830fd2dd9332feda3" />
        <media:keywords>Barack Obama, Mitt Romney, US presidential election debates, 2012, US presidential election, 2012, Barack Obama presidential campaign, 2012, Mitt Romney presidential campaign, 2012, Politics of the United States, US presidential election debates, United States, Obama administration foreign policy</media:keywords>
        <media:text>President Barack Obama and Mitt Romney mix it up at Long Island's Hofstra University in a fiery town hall debate moderated by CNN's Candy Crowley. The angry foes clashed on topics from Libya to energy, the economy to immigration. </media:text>
      </item>
      <item>
        <title>Senate Minority Leader Mitch McConnell: Health Care Law Making Problems Worse</title>
        <link>http://news.linktv.org/videos/reaction-health-care-law-making-problems-worse?start=0</link>
        <description>Mitch McConnell, the Senate's minority leader, says the president's health care law is making life harder for Americans, and has yet to solve any of the problems it was designed to tackle. </description>
        <pubDate>Thu, 28 Jun 2012 09:18:00 -0700</pubDate>
        <guid>http://news.linktv.org/videos/reaction-health-care-law-making-problems-worse</guid>
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-6325000/6325446/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=1fadcbd1c2f040e343ebd2b33d6f544d" />
        <media:keywords>Patient Protection and Affordable Care Act, Mitch McConnell, US health care reform, Supreme Court of the United States, Tax, Health insurance, Politics of the United States, Health care, Barack Obama, Medicare</media:keywords>
        <media:text>Mitch McConnell, the Senate's minority leader, says the president's health care law is making life harder for Americans, and has yet to solve any of the problems it was designed to tackle. </media:text>
      </item>
      <item>
        <title>Democracy Now! Headlines: Recession Shrinks Net Worth of US Families to 1992 Levels</title>
        <link>http://news.linktv.org/videos/democracy-now-june-12-2012?start=119</link>
        <description>The US Supreme Court has refused to hear any new Guant&amp;aacute;namo appeals even though half of the men being held were cleared for release five years ago. Mitt Romney blocked publication of anti-bullying guide while governor of Massachusetts over mention of &quot;bisexual&quot; and &quot;transgender.&quot; And the Coalition for the Homeless reports the number of people living in New York City homeless shelters has reached an all-time high of 43,000. Plus headlines, and more.</description>
        <pubDate>Tue, 12 Jun 2012 10:13:00 -0700</pubDate>
        <guid>http://news.linktv.org/videos/democracy-now-june-12-2012</guid>
        <enclosure url="http://download.news.linktv.org/democracy-now-june-12-2012-2570.mp4" length="309264161" type="" />
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-5533000/5533813/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=712806fe6d06ed25ff91a0650b9917a2" />
        <media:keywords>United States, Guantanamo Bay detention camp, Politics of the United States, Guantánamo Bay, Appeal, Supreme Court of the United States, Guantánamo, Mitt Romney, Homelessness, Global Financial Crisis</media:keywords>
        <media:text>New figures show the recession brought on by the 2007 financial crisis has wiped out two decades of wealth for the average U.S. household. According to the Federal Reserve, the median U.S. family's net worth declined nearly 40 percent by 2010 to $77,300, roughly the same level it was in 1992. Middle-income families saw the largest decline in wealth. The collapse of the housing market played a key role, with home values dropping 42 percent between 2007 and 2010.
</media:text>
      </item>
      <item>
        <title>Little Relief in Bank Bailout for Spain's Jobless</title>
        <link>http://news.linktv.org/videos/little-relief-in-bank-bailout-for-spains-jobless?start=0</link>
        <description>The EU bailout of Spain's banks may have brought some relief to Madrid and eurozone leaders, but not for those struggling to find work in the country. Spain's unemployment rate over 24 percent and there is little sign of any improvements. </description>
        <pubDate>Mon, 11 Jun 2012 09:04:00 -0700</pubDate>
        <guid>http://news.linktv.org/videos/little-relief-in-bank-bailout-for-spains-jobless</guid>
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-5462000/5462169/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=8c69c0ab427a8f0053c3237d4237735d" />
        <media:keywords>Spain, 2008-2013 Spanish financial crisis, European sovereign debt crisis, Unemployment, Economy of Spain, Bailout, Eurozone, European Union, Recession, Politics of Spain</media:keywords>
        <media:text>The EU bailout of Spain's banks may have brought some relief to Madrid and eurozone leaders, but for those struggling to find work in the country the outlook remains grim. At more than 24 percent Spain's unemployment rate is the highest in the eurozone and there is little sign of an improvement anytime soon. One man queuing at a benefits office in Madrid evoked the impact of the crisis on many of Spain's jobseekers. &quot;I'm not optimistic. Every day I see it getting worse. I'm unemployed, with two children, separated (from my wife), I can't pay them maintenance pension. I'm partially disabled and the companies exploit us very badly.&quot; The government is pushing ahead with cutbacks and reforms that some fear will only worsen the situation, reflecting a wider austerity versus stimulus debate across Europe. </media:text>
      </item>
      <item>
        <title>Joseph Stiglitz on Occupy Wall Street and US-European Austerity</title>
        <link>http://news.linktv.org/videos/democracy-now-june-6-2012?start=2871</link>
        <description>Wisconsin Governor Scott Walker has survived a historic recall election more than a year after launching a controversial effort to roll back the bargaining rights of the state's public workers. And Joseph Stiglitz talks about &quot;The Price of Inequality: How Today's Divided Society Endangers Our Future,&quot; as well as discussing the Occupy movement and arguing that austerity&amp;nbsp; measures in the US and Europe will only weaken economic recovery. Plus headlines, and more.</description>
        <pubDate>Wed, 06 Jun 2012 10:01:00 -0700</pubDate>
        <guid>http://news.linktv.org/videos/democracy-now-june-6-2012</guid>
        <enclosure url="http://download.news.linktv.org/democracy-now-june-6-2012-2520.mp4" length="321097787" type="" />
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-5226000/5226521/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=f3e43848800eaf855b5d5404603507f7" />
        <media:keywords>Wisconsin gubernatorial recall election, 2012, Scott Walker (politician), Joseph Stiglitz, United States, Politics of the United States, Economic inequality, Wisconsin, Tom Barrett, Occupy movement, Campaign finance</media:keywords>
        <media:text>As European leaders scramble to address the sovereign debt crisis, Nobel Prize-winning economist Joseph Stiglitz argues the austerity measures pushed by Germany, the United States and international creditors are only &quot;going to make the countries weaker and weaker.&quot; If European economies contract, Stiglitz predicts that &quot;our economy [will] go down further into the hole. ... Those policies then increase the probability of our weak economy tipping over into recession.&quot; Stiglitz's new book is &quot;The Price of Inequality: How Today's Divided Society Endangers our Future.&quot; </media:text>
      </item>
      <item>
        <title>Recession Empties Spanish Shops</title>
        <link>http://news.linktv.org/videos/recession-empties-spanish-shops?start=0</link>
        <description>April was one of the worst months ever for Spain's shopkeepers. Spanish retail sales fell by 9.8 percent from April last year, adjusted for calendar differences. With Spain again in recession retail sales have fallen for the last 22 months. </description>
        <pubDate>Tue, 29 May 2012 15:18:00 -0700</pubDate>
        <guid>http://news.linktv.org/videos/recession-empties-spanish-shops</guid>
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-4872000/4872169/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=334ffeb61942b730e716406804c8c9f7" />
        <media:keywords>Spain, Economy of Spain, European sovereign debt crisis, Retail, Eurozone, Recession, National Statistics Institute (Spain), Euronews</media:keywords>
        <media:text>April was one of the worst months ever for Spain's shopkeepers. Spanish retail sales fell by 9.8 percent from April last year, adjusted for calendar differences. That was much more than expected, and the biggest drop since the collection of sales figures started in 2003. With Spain again in recession retail sales have fallen for the last 22 months. In March they slipped by 3.8 percent revised figures from Spain's National Statistics Institute showed. </media:text>
      </item>
      <item>
        <title>Concerns rise over ongoing crises across Arab world [Algerie TV, Algeria]</title>
        <link>http://news.linktv.org/videos/mosaic-news-052412?start=1408</link>
        <description>&lt;p&gt;Israeli protestors attack African migrants in Tel Aviv, Amnesty International slams human rights violations in Arab Spring countries, dozens killed across Syria as new parliament holds first session, and more.&lt;/p&gt;</description>
        <pubDate>Thu, 24 May 2012 00:00:00 -0700</pubDate>
        <guid>http://news.linktv.org/videos/mosaic-news-052412</guid>
        <enclosure url="http://download.news.linktv.org/mosaic-news-052412-world-news-from-the-middle-east-video-2434.mp4" length="230484028" type="video/mp4" />
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-4856000/4856158/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=a94a23aa2e873782e5796122bf26137c" />
        <media:keywords>Syria, Egyptian presidential election, 2012, Arab world, Free Syrian Army, Lebanon, Israel, Egyptians, Cairo, UN Security Council, Eli Yishai</media:keywords>
        <media:text>Presenter, Male #1
In the Middle East region, which still witnesses fluctuating political and security mobilization further undermining stability, security concerns are increasing, especially in areas witnessing tension. According to knowledgeable sources, these developments require a serious, consensual evaluation among the countries of the region, in order to help bridge the gap and solve all existing crises. Ibrahim Khalil Kharbal reports.

Reporter, Male #2
The most tense area of the world, the Middle East, endured more than ten wars in the last century, the most intense of them being the Arab-Israeli conflict, along with the disagreements and peace treaties that followed. This is in addition to the conflict of interest among the people of the same region, and the greed of the superpowers in other cases.

Reporter, Male #2
In Syria and neighboring Lebanon, there are hopes for the situation to be resolved on one side, and fears that the situation will continue to deteriorate on the other. Each of those countries plays an important regional, political, and economic role. Syria is the center of economic growth in the Levant region, linked by routes between Iraq, Turkey, and Jordan and the Mediterranean. However, indicators of commercial trade showed a large recession since the Syrian crisis began nearly a year ago. This was also seen during the tension that reached Lebanon, and returned the feeling of insecurity, as well as the unannounced spread of arms leading to tensions between the authorities and factions of the opposition.

Reporter, Male #2
Meanwhile, tensions in the Kingdom of Bahrain have entered the second year. This explains the Gulf countries' rush to intervene, as the Gulf Cooperation Council views itself as the protestor at the forefront of the eastern region. As for Yemen, it is no longer a happy Arab country after the political and security turmoil that Yemenis lived through over the past several months. It is difficult to expect calm in the foreseeable future in the region, and for as long as the Middle East remains an oil-rich region. It is also difficult to contain these ongoing issues across the Middle East, which may require serious reviewing in all of these unsolved and interrelated issues.</media:text>
      </item>
      <item>
        <title>Argentina: Protestors Mark 10th Anniversary of Economic Crisis</title>
        <link>http://news.linktv.org/videos/argentina-protestors-mark-10th-anniversary-of-economic-crisis?start=0</link>
        <description>Ten years after thousands of protesters took to the streets of Buenos Aires and other cities across Argentina to demonstrate against austerity measures and force the country's president from power, protestors returned to mark the anniversary.</description>
        <pubDate>Wed, 21 Dec 2011 09:51:00 -0800</pubDate>
        <guid>http://news.linktv.org/videos/argentina-protestors-mark-10th-anniversary-of-economic-crisis</guid>
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-313000/313346/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=be83037f2702f17c8ce41a3b33434377" />
        <media:keywords>Buenos Aires, Argentina, Protest, Argentine economic crisis (1999–2002), Economy of Argentina, Fernando de la Rúa, Austerity, Recession, Press TV</media:keywords>
        <media:text>On December 2001, Argentinians said &quot;enough is enough.&quot; Tens of thousands of protesters took to the streets of Buenos Aires and other cities in the country to demonstrate against the austerity measures and severe social cutbacks that the ruling administration of president Fernando De La Rua had carried out to mitigate the effects of Argentina's four-year recession. Press TV's Constanza Heller reports from Buenos Aires.</media:text>
      </item>
      <item>
        <title>Denmark Wakes Up to a New Female Leader</title>
        <link>http://news.linktv.org/videos/denmark-wakes-up-to-a-new-female-leader?start=0</link>
        <description>Helle Thorning-Schmidt, Denmark's first female prime minister, faces the tricky task of piecing together a center-left government for the Scandinavian state after 10 years of center-right rule.</description>
        <pubDate>Fri, 16 Sep 2011 08:55:00 -0700</pubDate>
        <guid>http://news.linktv.org/videos/denmark-wakes-up-to-a-new-female-leader</guid>
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-311000/311934/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=db05de9f2d4910a4d4d87914117a630b" />
        <media:keywords>Helle Thorning-Schmidt, Denmark, Election, Center-left, Politics in Denmark, Social Democrats (Denmark), Folketing, Prime Minister of Denmark, Lars Løkke Rasmussen, General Election</media:keywords>
        <media:text>Denmark's first female prime minister faces the tricky task of piecing together a centre-left government for the Scandinavian state, after ten years of centre-right rule. Helle Thorning-Schmidt's Social Democrats tapped voter anger about the state of the economy, according to experts. But some Danes are already predicting a short shelf life for the coalition, pointing to sharp differences between the parties. &quot;She has been lucky in the support she has had, otherwise she would never have won. Let's see how long it lasts,&quot; said one woman.</media:text>
      </item>
      <item>
        <title>Denmark Set to Move to Left, Elect First Female PM</title>
        <link>http://news.linktv.org/videos/denmark-set-to-move-to-left-elect-first-female-pm?start=0</link>
        <description>Danish media reports that the so-called &quot;red-bloc&quot; of left-leaning parties is ahead in the polls for the country's general election on Thursday. Opposition leader Helle Thorning-Schmidt will be Denmark's first female prime minister, if elected. </description>
        <pubDate>Wed, 14 Sep 2011 16:05:00 -0700</pubDate>
        <guid>http://news.linktv.org/videos/denmark-set-to-move-to-left-elect-first-female-pm</guid>
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-311000/311911/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=bfd67d05d304d95d2808ccb19d955820" />
        <media:keywords>Denmark, Helle Thorning-Schmidt, Election, Lars Løkke Rasmussen, Politics in Denmark, Folketing, Social Democrats (Denmark), General Election, Recession, Coalition government</media:keywords>
        <media:text>Voters said the economic downturn would be a major consideration ahead of Denmark's general elections on Thursday. The Liberal-Conservative coalition of Prime Minister Lars Rasmussen has been in power for a decade. &quot;Lokke&quot; as he's known to Danes admits that voters are in the mood for &quot;new faces&quot;. Danish media reports that the so-called &quot;red-bloc&quot; of left-leaning parties is ahead in the polls. Opposition leader Helle Thorning-Schmidt, a former MEP, will be Denmark's first female Prime Minister if she's elected. </media:text>
      </item>
      <item>
        <title>Britain's 'New and Unexpected Breed' of Homeless</title>
        <link>http://news.linktv.org/videos/britains-new-and-unexpected-breed-of-homeless?start=0</link>
        <description>As austerity cuts continue to bite in the UK, Channel 4 News reveals homelessness is surging, and finds a new type of homeless person is emerging: middle class and shocked at where they've ended up.</description>
        <pubDate>Wed, 31 Aug 2011 18:30:00 -0700</pubDate>
        <guid>http://news.linktv.org/videos/britains-new-and-unexpected-breed-of-homeless</guid>
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-311000/311731/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=4ee3c8bd4eb85698e658bf6bbcdaf46e" />
        <media:keywords>Homelessness, United Kingdom, Austerity, Recession, Homeless shelter, Manchester, Guildford, Crawley, Economy of the United Kingdom, UK Government</media:keywords>
        <media:text>As austerity cuts continue to bite, Channel 4 News reveals the number of homeless people is surging. Social Affairs Editor Jackie Long finds a new type of homeless person is emerging.</media:text>
      </item>
      <item>
        <title>Shares Slide Amid Global Economic Fears</title>
        <link>http://news.linktv.org/videos/shares-slide-amid-global-economic-fears?start=0</link>
        <description>The world's financial markets remain extremely volatile after Standard &amp; Poor's downgrade of the US credit rating on Friday and the European Central Bank decision Monday to buy Spanish and Italian government bonds to try to stop the European debt crisis from spreading.</description>
        <pubDate>Mon, 08 Aug 2011 08:32:00 -0700</pubDate>
        <guid>http://news.linktv.org/videos/shares-slide-amid-global-economic-fears</guid>
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-311000/311287/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=fc04f2ac009366fd0b5433f75c3bfb4a" />
        <media:keywords>Standard &amp; Poor's, European Central Bank, Credit rating, World economy, European sovereign debt crisis, Economy of Italy, Economy of Spain, US economy, Recession, Italy</media:keywords>
        <media:text>The world's financial markets remain extremely volatile with investors sending a message to politicians worldwide that they are not doing enough to address the problems threatening the global economic recovery. The downgrade of the United States' credit rating on Friday by Standard &amp; Poor's reignited fears the world's biggest economy could slip into recession again, and there was a big sell off of European shares by the early afternoon, despite the fact the European Central Bank was buying Spanish and Italian government bonds to try to stop the European debt crisis spreading, perhaps limiting damage in Madrid and Milan.</media:text>
      </item>
      <item>
        <title>World Stocks Plunge on Crisis Fears</title>
        <link>http://news.linktv.org/videos/world-stocks-plunge-on-crisis-fears?start=0</link>
        <description>Jeremy Batstone-Carr, director of private client research at Charles Stanley in London, talks to Al Jazeera about the possible triggers for the latest bout of economic turmoil to engulf world markets.</description>
        <pubDate>Fri, 05 Aug 2011 08:47:00 -0700</pubDate>
        <guid>http://news.linktv.org/videos/world-stocks-plunge-on-crisis-fears</guid>
        <media:thumbnail url="http://news.linktv.org/images/image_cache/base-311000/311259/thumbnail.width=640,height=360,grow=1,crop=center.jpg?sig=4b392389b6397ef525ba43d646a2ef18" />
        <media:keywords>European sovereign debt crisis, World economy, Stock market, Stock exchange, Economy of Italy, Economy of Spain, Stock market correction, Italy, Spain, Economy</media:keywords>
        <media:text>Jeremy Batstone-Carr, director of private client research at Charles Stanley in London, talks to Al Jazeera about the possible triggers for the latest bout of economic turmoil to engulf world markets.

World stocks sank for an eighthstraight session on Friday, wiping $2.5 trillion off their value on the week, as concern ballooned over the slowing global economy and the spread of debt anguish into Italy and Spain. stocks provisionally ended 3.78 percent lower on Friday as foreign investors offloaded their holdings amid a global sell-off, while local investors remained cautious, dealers said. shares fell on Friday for the fourth consecutive session, with shipbuilders leading declines on concerns over meager global economic growth. </media:text>
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