Increase in Suicide rates because of Global Financial Crisis
It has been revealed by experts that the recent economic crisis had attributed to increase in suicide rates in Europe and America. Data from as many as 54 countries was assessed by the experts to analyze the global impact of the financial problem. The findings have been published in the British Medical Journal.
The analysis suggested that the collapse of US credit and housing markets in 2008 led to increase in suicide rates in Europe and America.
The male suicide rates were found to rise by 3.3% overall immediately after the crisis began. The rise was reported to be mostly in the countries where job losses were the highest.
The researchers accessed data for the analysis from the World Health Organization mortality database, the Centers for Disease Control and Prevention and the International Monetary Fund's World Economic Outlook database.
The economic crisis began in 2008, leading to a 37% rise in unemployment and 3% fall in GDP per capita in 2009.
A Samaritans spokesperson said it is not surprising for them to know that suicide rates were high during the financial crisis. He added, "A snapshot survey of calls to our branches in 2008, just before the current recession began, showed that one in 10 callers talked about financial difficulties".
Moody's Investors Service has maintained Baa2 rating for Bulgaria as the country has reported stable economic activity during the last quarter.
Turkish President Recep Tayyip Erdogan faced tough questions from German and French leaders about some people held in custody in Turkey.
Hong Kong-based Cathay Pacific Airways, the largest international airline in Asia, is preparing to lay off as many as 600 employees at its headquarters.
After several years of tentative mutual approaches, US-based chemical manufacturer Huntsman Corporation and Switzerland’s Clariant AG have finally agreed to merger to create an entity with a market value of more than $14 billion.
Mosquito bites are not just a nuisance but can results into a serious public health threat as a single mosquito bite can transmit multiple dangerous viruses, researchers have warned.
Cannes presents an exceptional platform for filmmakers, scriptwriters and artists and some of those talented people have been left out as Cannes announced ban on streaming-only movies.