-Outlook India, Brazil, China and other emerging nations will pay more to the United Nations after the General Assembly approved a five per cent increase to the world body's budget for 2012-13 to USD 5.4 billion. Capping days of intense negotiations, the Assembly adopted a range of Fifth Committee (Administrative and Budgetary) resolutions, covering the scale of assessing Member States' dues, the United Nations pension system and the proposed 2013 budget for...
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Castration is not the right legal response -Anup Surendranath
-The Hindu The view that it will deter rape is misplaced and based on a narrow, sexual intercourse-definition of the crime There is a fascinating urban legend that Apple’s logo is dedicated to Alan Turing, who committed suicide by biting into a cyanide injected apple. A few years after he was instrumental in breaking the German Enigma code in World War II, Alan Turing was convicted in 1952 for homosexual acts in...
More »"Peak farmland" is here, food crop area to fall-study
-Reuters The amount of land needed to grow crops worldwide is at a peak and an area more than twice the size of France can return to nature by 2060 due to rising yields and slower population growth, a group of experts said on Monday. The report, conflicting with U.N. studies that say more cropland will be needed in coming decades to avert hunger and price spikes as the world population rises...
More »The Real Winners and Losers of Globalization -Branko Milanovic
-The World Bank It is generally thought that two groups are the big winners of the past two decades of globalization: the very rich, and the middle classes of emerging market economies. The statistical evidence for this has been cobbled together from a number of disparate sources. The evidence includes high GDP growth in emerging market economies, strong income gains recorded for those at the top of the income pyramid in the...
More »Coal to be king by 2017
-PTI Powered by the growth in emerging market giants China and India, coal is set to surpass oil as as the world’s top fuel source by around 2017, the International Energy Agency forecast on Tuesday. Coal’s share of the global energy mix continues to rise, and by 2017 coal will come close to surpassing oil as the world’s top energy source, the International Energy Agency (IEA) said, releasing its annual Medium-Term Coal...
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