Thursday, August 28, 2008
Wednesday, August 27, 2008
1.4 Billion Living In Poverty
World Poverty 'More Widespread'
The World Bank has warned that world poverty is much greater than previously thought. It has revised its previous estimate and now says that 1.4 billion people live in poverty, based on a new poverty line of $1.25 per day. This is substantially more than its earlier estimate of 985 million people living in poverty in 2004. The Bank has also revised upwards the number it said were poor in 1981, from 1.5 billion to 1.9 billion. The new estimates suggest that poverty is both more persistent, and has fallen less sharply, than previously thought. However, given the increase in world population, the poverty rate has still fallen from 50% to 25% over the past 25 years. "This is pretty grim analysis coming from the World Bank," said Elizabeth Stuart, senior policy advisor at Oxfam.
Studies Link Stress To Mental Health Of Unborn Child
Stress of war on mothers linked...
Iranian Astronaut Within 10 Years
Iran Aims To Send An Astronaut...
Iran's space agency plans to send a manned rocket into space in the next 10 years, state television reported on Thursday. Space agency chief Reza Taghipoor said the exact date of the mission would be determined in the next year. The announcement is the latest signal of Iran's growing ambition to develop a space and satellite program and comes days after the country announced it had launched a dummy satellite into orbit. Taghipoor said the two-stage rocket, launched Sunday, released equipment that beamed flight data back to ground control, though U.S. officials said the rocket fell short of its claimed success.
1 in 464 At Risk Of Losing Home
Gene Doping Athletes
How "Gene Doping" Could Create Enhanced Olympians
US Education System Failing Youths
Intel Cites US Education 'Crisis'
Monday, August 18, 2008
Canada's Economic Slow Down
Slow Economy Take Toll...
The slowing economy is taking its toll on household finances, driving up debt at a faster pace than incomes and assets, new analysis from CIBC World Markets shows. “This is a fact because the economy is underperforming,” CIBC economist Benjamin Tal said in an interview about his analysis of household credit. In the first quarter of 2008, household debt in Canada rose almost 3 per cent but personal disposable income rose just 2 per cent, pushing the debt-to-income ratio up to 130 per cent from 122 per cent a year earlier. At the same time, the level of assets hardly changed during the first quarter of 2008, since the stock market was correcting and house prices were levelling off. So the debt-to-asset ratio rose to almost 18 per cent, a full percentage point higher than in early 2007 and the highest level since early 2003, the report shows.

