5:34pm

Spanish economic woes deepen

A barman chats with his only customer on a Friday night, a typicall night for Spaniards to hang out, inside his empty bar on November 23, 2012 in Villacanas, Spain. During the boom years, where in its peak Spain built some 800,000 houses a year accompanied by the manufacturing of millions of wooden doors where needed, the people of Villacanas were part of Spain's middle class enjoying high wages and permanent jobs. During the construction boom years the majority of the doors used within these new developments were made in this small industrial town. Approximately seven million doors a year were once assembled here and the factory employed a workforce of almost 5700 people, but the town is now left almost desolate with the Villacanas industrial park now empty and redundant. With Spain in the grip of recession and the housing bubble burst, Villacanas is typical of many former buoyant industrial Spanish towns now struggling with huge unemployment problems. ©Getty

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General Images Of Tokyo Economy...People walk along a street as store signs light up at night in Tokyo, Japan, on Sunday, Oct. 7, 2012. The world's finance ministers and central bank governors are gathering in Tokyo this week for the annual meetings of the International Monetary Fund and the World Bank Group as the rebound from the deepest global recession since World War II stagnates. Photographer: Noriko Hayashi/Bloomberg Jan 22, 2013

Warning on new currency war

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