"The gap between the rich and the poor is most pronounced in the Philippines as compared with neighboring Southeast Asian nations, a new study by research and advisory firm Stratbase Research Institute showed."
"The study noted that the Philippines registered a Gini coefficient of 44 percent last year, higher than Thailand’s 42.5 percent, Indonesia’s 39.4 percent, Malaysia’s 37.9 percent and Vietnam’s 37.8 percent.
The global ranking was prepared by international group Vision of Humanity using the Gini coefficient, a measure of the inequality of a distribution, as the basis."
"“Relatively, the Philippines had the highest Gini coefficient among these countries, which means a greater rate of inequality compared to other Southeast Asian countries,” explained Stratbase president Victor Andres Manhit."
"He said this should be addressed as the huge disparity between the rich and the poor bred “social tension and even political instability.”"
Christian Science MonitorChina think tank sees 2013 exports rising 8 percent, imports up 7.8 percentChicago TribuneBEIJING (Reuters) - China's exports are likely to grow 8 percent in 2013 from the previous year while imports could rise 7.8 percent,...
China in 2013: The Confidence GameHuffington PostThe $64,000 question: Will the fifth generation of leadership led by President Xi Jinping and Prime Minister Li Keqiang, signal China remains future-focused?
Irish TimesVenezuela's Chavez undergoes cancer surgery in CubaReutersCARACAS (Reuters) - Venezuela's Hugo Chavez underwent surgery in Cuba on Tuesday for a cancer recurrence that has thrown his presidency into jeopardy and upended politics in the...
The cash-strapped European nation is coming to terms with effects of heavy investment from its oil-rich former colony (Portugal indebted to Angola after economic reversal of fortune http://t.co/nb87qQ1Gnw... (Portugal indebted to Angola after economic...
The formal signing of the Final Peace Agreement (FPA) between the Government of the Philippines (GPH) and the Moro National Liberation Front (MNLF) on September 2, 1996 had bought in so much joy, optimism and new hope to so many people.
U.S. Consumer price inflation, which has been unusually volatile over the past year, turned sharply negative in November. According to data released today by the Bureau of Labor Statistics, the all-items CPI fell at an annual rate of 3.7 percent during the month of November. That was the most rapid rate of decrease since the worst months of recession in late 2008.
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It appears no party will be able to form a coalition government, so there will be another election in June. A record large number of registered voters didn't vote in the recent election, and the outcome next month probably depends on if these people participate in June. The odds of Greece exiting the euro zone in the near term (and the euro) have clearly increased.
Economic TimesDecline in Exports Hurts US Trade DeficitNew York TimesWASHINGTON — The trade deficit in the United States widened in October, the government said Tuesday, as exports suffered the biggest drop in nearly four years, indicating slowing...
Hunting Bin Laden And History In 'Zero Dark 30'NPRNEW YORK (AP) — Kathryn Bigelow and Mark Boal were knee-deep in preparing their follow up to their Oscar-winning "The Hurt Locker," a film that would chronicle the manhunt for Osama bin Laden, his ...
The AtlanticChina's War on Corruption Is About to Get RealThe AtlanticOn December 9, world anti-corruption day, the government of Guangdong province in Southern China took a step toward something potentially huge.
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