Crisis effect on Europe
In Britain people are worried about how this will affect house prices, and there’s a general concern about pensions. Some people have plans similar to 401k’s and both are affected by the stock market. (If the average Brit is worried about house prices and pensions, what is the link from the U.S. to there?) I don’t think there’s a direct link to Lehman Brothers to pension plans in Britain, but there are concerns over the stock market and a general price. Credit for houses is more difficult to obtain which drives prices up. (Are Brits panicking?) I’m not noticing any panic but my guess is some people are very worried.
Without federal support, local stations, especially in rural and underserved areas, face deep cuts or even closure. Vital public service alerts, news, storytelling, and programming like The World will be impacted. The World has weathered many storms, and we remain steadfast in our commitment to being your trusted source for human-centered international news, shared with integrity and care. We believe public media is about truth and access for all. As an independent, nonprofit newsroom, we aren’t controlled by billionaire owners or corporations. We are sustained by listeners like you.
Now more than ever, we need your help to support our global reporting work and power the future of The World.