Nearly 37,000 expatriate Keralites have already lost their jobs due to Recession. How do you plan to combat the effect of the latest Dubai crisis on Gulf NRIs? This is not going to be on any scale as with Kuwait during the Gulf War. But nevertheless, it is a matter of serious concern. It is better to be prepared than underprepared. We are planning two schemes. One, we are constituting...
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Global economy to rise by 2.4 per cent in 2010, but recovery still ‘fragile’ – UN
The United Nations predicted today that the world economy would bounce back next year with a global growth rate of 2.4 percent, but warned of a risk of a double-dip Recession if the wrong policies are implemented. “We’re not out of the woods yet,” said Rob Vos, Director of Development Policy and Analysis from the Department of Economic and Social Affairs (DESA), ahead of the launch next month of the...
More »Hunger: India worse off than Zimbabwe!
There are now one billion hungry people on the globe, United Nations Secretary General Ban Ki-moon said recently. A statistic that is shameful and shocking at the same time. The global financial crisis too has led to a dramatic rise in hunger across the world. Ban warned that the food crisis is a wake-up call for tomorrow since by 2050 the planet's population will be 9.1 billion people, over two billion more...
More »Equality stalemate by Jayati Ghosh
The United Nations Conference on Women was held nearly 15 years ago in Beijing, China. This was an extraordinary moment in the history of the international women’s movements as well as women workers around the world, with unprecedented mobilisation of feminist policymakers, activists and academics in the international political arena, both prior to the conference and subsequently. The two-part conference, referred to as Beijing Platform and the Call for Action,...
More »The rot spreads
A survey reveals that desperate times have led to illegal measures THE Recession has taken its toll on morals as well as profits. PricewaterhouseCoopers (PwC), a consulting and accounting firm, has conducted a biennial survey of economic crime for the past ten years. The most recent, published on November 19th, is not only the most thorough, based on over 3,000 responses from firms in 54 countries. In many ways it is...
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