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In a quick trip around a globe of economic hurt, NBC's Dawna Friesen surveyed slowdowns in Germany, Britain, Russia and China…CBS' Ben Tracy examined worsening home foreclosures in Nevada, Arizona, California and Florida: "Some experts say that if enough homeowners get help the housing market could stabilize by the end of 2009," was his heavily qualified attempt at optimism…A decline in donations to charities for the poor has depleted shelves at food pantries, caused layoffs at homeless shelters, understocked the Salvation Army and crimped Meals on Wheels, Rehema Ellis warned on NBC…At least the cost of gasoline is getting cheaper. Not so fast, CBS' Mark Strassmann suggested. Citing rising unemployment and falling consumer confidence, he argued that prices would not be so low if demand had not declined so much. "It is also a grim time for alternative energy" as sinking oil prices undercut the development of green technology.
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