They say a picture's worth a thousand words. If that's true, the following ten images could provide the lyrics for a thousand blues songs. The graphs are taken from series of recent reports which, when considered together, create a paint-by-numbers p...
Widening inequality in the world’s advanced and developing countries inflicts two blows against democratic politics. Not only does it lead to greater disenfranchisement of the middle and lower classes; it also fosters among the elite a poisonous politics of sectarianism.
The widening gap between America's wealthiest and its middle and lower classes is "unsustainable," but is unlikely to improve any time soon, according to a Harvard Business School study released on Monday.
The world is facing a global jobs crisis that is hurting the chances of reigniting economic growth and there is no magic bullet to solve the problem, the World Bank warned on Tuesday. In a study released at a G20 Labour and Employment Ministerial Meeting in Australia, the Bank said an extra 600 million jobs needed to be created worldwide by 2030 just to cope with the expanding population. "There's little doubt there is a global jobs crisis," said the World Bank's senior director for jobs, Nigel Twose. "As this report makes clear, there is a shortage of jobs -- and quality jobs.