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Eye on the World: Monday, April 2, 2012
New numbers show that unemployment in Eurozone countries reached 10.8% in February, the highest level since the Euro was introduced in 1999. Manufacturing activity across Europe also shrank during February, creating a harsh environment for those seeking jobs. European finance ministers are working on an agreement to increase the Eurozone’s rescue fund, which they hope will restore confidence to the markets.
“Prayer about austerity in the Eurozone” examines the generosity and abundance of God, divine Love. The author writes, “The abundance of God is never made powerless in the face of human needs and is neither influenced by over-spending nor retrenchment.”
A small plane crashed shortly after takeoff in Siberia on Monday, killing 31 of the 43 passengers on board. The cause of the crash hasn’t been made clear yet, but the plane’s black box data recorders were recovered and an investigation is underway. Russian airlines have been criticized in years past for having a poor safety record, although it had seemed to be improving.
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