Economics

Global solutions are needed to ensure that tax systems do not unduly favour multinational enterprises, leaving citizens and small businesses with bigger tax bills, according to a new report. An OECD (Organisation for Economic Co-operation and Development) study commissioned by the…

A retired Spanish couple has committed suicide after receiving an order to evict their home on the Mediterranean island of Mallorca due to unpaid debts. Authorities said the 68-year-old man and the 67-year-old woman, who took an overdose of prescription…

Argentina and the other countries that make up the Union of South American Nations (UNASUR in its Spanish initials) closed the year 2012 with unemployment rates lower than developed nations with an average for the region of 6.1 per cent…

By Shahira Amin* A protester was shot dead and several others were injured when a rally outside Al Ittihadeya Presidential Palace in Cairo turned violent on Friday. A mob of young men, some of them masked, hurled rocks and Molotov…

By Jaya Ramachandran Crime, corruption, and tax evasion recorded near-historic highs in 2010, with illicit financial outflows costing the developing world $859 billion in 2010, just below the all-time high of $871.3 billion in 2008, the year preceding the global…

Humanists look at the world economy in despair.  A huge proportion of the world’s population lives in absolute poverty; living in order to survive, hoping that today they don’t get sick. On the other hand there are a tiny, tiny…

A few weeks ago the ABC newspaper in Spain headlined the imminent death of Hugo Chavez Frias.  And today, 24th of January, after the El Pais newspaper published a picture of him intubated on its front page it had to…

Consumers, Food Industry and Government All Have Role to Play in Reducing 1.3 Billion Tonnes of Food Wasted or Lost Each Year Geneva, 22 January 2013 – Simple actions by consumers and food retailers can dramatically cut the 1.3 billion…

By Oxfam International – An explosion in extreme wealth and income is exacerbating inequality and hindering the world’s ability to tackle poverty, Oxfam warned in a briefing* published on 19 January 2013 ahead of the World Economic Forum in Davos. The $240…

IRIN* The World Economic Forum has released its eighth annual Global Risks Report, which lists top global threats identified by a survey of over 1,000 experts. As in last year’s report, 2013’s risks were topped by economic and financial concerns,…