Economics

10.02.2013

Argentina and the region with less unemployment than the USA and Europe

Argentina and the region with less unemployment than the USA and Europe

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 as opposed to 10.5% in the EU and 7.9% in… »

05.02.2013

Egypt’s Economy Falters as Clashes Continue

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 cocktails into the palace grounds, charring trees and starting a… »

05.02.2013

Six Trillion Dollars Stolen from Poor Nations

Six Trillion Dollars Stolen from Poor Nations

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 financial crisis. Besides, nearly $6 trillion (6000 000 000 000… »

26.01.2013

The values of a new humanist economy

The values of a new humanist economy

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 number of individuals who can change all of that and… »

24.01.2013

Why don’t you shut up?

Why don’t you shut up?

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 rapidly change it explaining that it wasn’t a photo of… »

24.01.2013

Think, Eat, Save: UNEP, FAO and Partners Launch Global Campaign to Change Culture of Food Waste

Think, Eat, Save: UNEP, FAO and Partners Launch Global Campaign to Change Culture of Food Waste

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 tonnes of food lost or wasted each year and help… »

24.01.2013

Annual Income of Richest 100 People Enough to End Global Poverty Four Times Over

Annual Income of Richest 100 People Enough to End Global Poverty Four Times Over

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 billion net income in 2012 of the richest 100… »

19.01.2013

Environmental Storm and Economic Storm on Collision Course

Environmental Storm and Economic Storm on Collision Course

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, particularly the risk of major systemic economic… »

16.01.2013

When buying cheap turns out expensive

When buying cheap turns out expensive

Three, two, one, zero… The sales are now on.  Offers, discounts, % off… fill the shop windows of the high streets and the shopping centres.  It is the time to buy and to buy cheaply.  But… Is what we’re buying really so cheap?  What is being hidden behind the clothing… »

16.01.2013

Nowhere left to run for factory owners in Asia

Nowhere left to run for factory owners in Asia

When the cost of labour started to rise in China a few years ago, many manufacturers thought it would be a smart move to decamp to smaller Southeast Asian countries such as Cambodia where wages were a lot lower and the pro-business government made it easy for them to set… »

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