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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...

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Areva closes in on key agreement for Jaitapur plant -Sandeep Dikshit

-The Hindu Unperturbed by protests against its proposed nuclear power plant in Jaitapur, Maharashtra, the French civil nuclear energy major Areva is now in the closing stages of striking an “early works agreement” with Nuclear Power Corporation of India Limited. This agreement, which is actually a series of studies to ensure that the reactor is in conformity with local conditions, is likely to take nine months. “Areva’s discussions with NPCIL are on....

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Doha dithers on equity -Meena Menon

-The Hindu THE SUNDAY STORY The scientific evidence points to a warming world. That would affect human health and agriculture, but at the Climate Change Conference in Doha, many rich countries baulked at strong action. India and China lead the developing world in calling for more remedial funding. The World Meteorological Organization (WMO) times the release of its provisional annual statement with the U.N. climate negotiations. This year, it dwelt on the...

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Sibal to approach Cabinet on ITRs, as U.N. Summit on Internet control collapses -Shalini Singh

-The Hindu In a sensational development that impacts the Internet, a group of mainly African nations moved and won a resolution accompanied by a set of binding treaty-based International Telecom Regulations (ITRs) at the UN’s World Conference on Internet and Telecommunications (WCIT) in Dubai. The move was supported by China, Russia and mostly Arab states. At the last count, 89 countries had endorsed the global treaty on telecom regulations by Friday, with nearly...

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Arctic could be ice-free in summer months, says draft IPCC report -Nitin Sethi

-The Times of India Of all the warnings about dramatic effects of climate change, a leaked draft UN report is the most vigorous in arguing that fears of an ice-free Arctic Ocean in summer months can become a reality if global temperature rises by more than 2 degree Celsius over current levels. The draft copy of the UN's Intergovernmental Panel on Climate Change report says there is a 90-100% chance that the...

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