United
States: Adding to the economic misery of
the Depression, drought is now ravaging key food-growing regions of the country. Crop losses are said to top $1 billion, and
prices for food are soaring.
London: More bad economic news -- unemployment passes 2
million as of July 28. That’s up more than 133
percent from 857,338 a year ago, and the first time since January 1922 that unemployment
has exceeded 2 million. At 2,001,467,
it’s the highest unemployment figure for Great Britain since June 1921.
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