-IPS News Calls are mounting for the world’s big fishing powers to stop subsidising international fleets that use destructive methods like bottom trawling in foreign coastal waters, drastically reducing the catch of local artisanal fishers who use nets and fishing lines. Such subsidies total 27 billion dollars a year, with nearly two-thirds coming from China, Taiwan and Korea along with Europe, Japan and the United States, according to a University of British...
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That's rich! Starbucks paying staff 25p an hour in new Indian cafes-Nick Owens and Gethin Chamberlain
-Mirror News Tax row coffee chain pays 'poverty wages' despite making £222 million profit in three months TAX row coffee chain Starbucks is paying workers just 25p an hour at its newly-opened stores in India. The pittance falls far below the country’s official living wage and means some staff earn less in a day than the price of the cheapest cup of Starbucks coffee in the UK. Details of the wages emerged as the...
More »The World Bank’s misdiagnosis-Himanshu
-Live Mint Flexible labour laws in India cannot solve the problem of weak job growth and the poor quality of employment The theme of the World Bank’s World Development Report this year is, appropriately enough, jobs. The report recognizes that creating jobs is the surest way of reducing inequality and poverty, particularly in the developing world. But the cliché it offers as a solution is disappointing: relax labour laws. The bank has...
More »Inside Meghalaya’s black hole -Esha Roy
-The Indian Express Fifteen-year-old Altaf Hussain crouches effortlessly and heads into what looks like a black hole. Dragging a large wooden cart behind him, he disappears into the gaping darkness within seconds. After what seems like an endless wait but lasts just half an hour, he emerges from the hole with a cart laden with dark, glittering coal. The head of this group of 30 is Abu Kalam Mia. The 27-year-old ‘sardar’,...
More »The roots of poverty: Ruinous healthcare costs-Anirudh Krishna
-Live Mint While natural disasters grab our attention, everyday events like illness drag most people into poverty In a small town of Gujarat, I met Chandibai, a woman, about 50 years of age. Fifteen years previously, her husband, Gokalji, had owned a general-purpose shop in the town centre. The family also owned a house and some agricultural land. In 1989, Gokalji developed an illness that confined him to bed, sometimes at home...
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