01 Mar '12, 5am

World's extreme poverty has been halved, thanks to China's economic boom, says the World Bank

WASHINGTON - Developing countries appear to have already met a United Nations goal to halve extreme poverty in the world's poorest countries by 2015, thanks mainly to China's economic boom, the World Bank said yesterday. The Washington-based development lender said preliminary data showed developing countries as a group reached the goal - the first of eight UN Millennium Development Goals - in 2010. The goals are a set of targets adopted by world leaders at the United Nations in 2000 to fight poverty, hunger and disease in poor countries. The progress is mainly due to China's rapid economic rise, which has helped to lift many of its people out of poverty. Excluding China, however, the number of people in the developing world living in extreme poverty was about the same in 2008 as in 1981 at around 1.1 billion, the World Bank said. "We are now confident that the developing ...

Full article: http://www.todayonline.com/World/EDC120301-0000149/UN-has...

Tweets

Bank report huge profit

tankinlian.blogspot.com 01 Mar '12, 4am

Whenever a bank reports a huge profit, I wonder where the profit comes from. Is it due to the huge interest rate spread, i...

"A @WorldBank for a new world" by @jeffdsachs

todayonline.com 29 Feb '12, 12am

The world is at a crossroads. Either the global community will join together to fight poverty, resource depletion and clim...

The richest countries in the world Pictures - Y...

sg.finance.yahoo.com 29 Feb '12, 3pm

The News Paper publish in Singapore are all talking shit all bullshit ,The Titles should said The Richest Government in th...

The richest countries in the world. SG 3rd. Ire...

sg.finance.yahoo.com 29 Feb '12, 9am

This is an interesting study by Forbes. I wish it was a study based on looking at the total picture. If you consider the n...

China's economy at "turning point": World Bank

China's economy at "turning point": World Bank

channelnewsasia.com 27 Feb '12, 6am

BEIJING: China has reached a "turning point" in its economic development, with the pace of growth likely to nearly halve i...

World Bank launches global effort on oceans

eco-business.com 25 Feb '12, 9am

World Bank president Robert Zoellick announced on Friday a new global effort that will raise funds to tackle the long-term...

The BRICS countries - Brazil, Russia, India, Ch...

todayonline.com 04 Mar '12, 9pm

LONDON - Mr Jeffrey Sachs (picture), the United States celebrity economist, has become the first candidate to put his hat ...

Nigeria, Energy Poverty and Renewable Energy

renewableenergyworld.com 27 Feb '12, 3pm

Nigeria’s decision to attain 15 percent renewable energy use by 2015 has been tagged to be a very proactive commitment. An...

via @YahooSGfinance

sg.finance.yahoo.com 29 Feb '12, 9am

Hahahahaha.....Singapore is like HDB flats....those along the main road are well painted and looked very nice....those tha...

Closer Look: Deep Poverty in Retreat, Even Thro...

dotearth.blogs.nytimes.com 08 Mar '12, 6pm

The World Bank came out with new numbers on global poverty last week –- and they were full of good news: The proportion of...

Hello Heroku World - Autobenching Heroku

Hello Heroku World - Autobenching Heroku

blog.evanweaver.com 01 Mar '12, 1am

I’ve been investigating various platform-as-a-service providers, and did some basic benchmarking on Heroku. I deployed a n...

World Bank urges global action to save oceans

World Bank urges global action to save oceans

channelnewsasia.com 24 Feb '12, 2pm

SINGAPORE: The World Bank on Friday said the world's oceans were at risk and called for a coalition of governments, NGOs a...

Today in Parliament: 'First-world social safety net' means first-world taxes too: Tharman

Today in Parliament: 'First-world social safety...

straitstimes.com 01 Mar '12, 7am

Finance Minister Tharman Shanmugaratnam noted in Parliament on Thursday that some MPs had called for higher healthcare exp...

Race picks up to head World Bank

Race picks up to head World Bank

asiaone.com 04 Mar '12, 5am

Jeffrey Sachs of the Earth Institute speaks during the Service Nation Summit in New York, in this file picture taken Septe...

Race picks up to head World Bank

Race picks up to head World Bank

channelnewsasia.com 04 Mar '12, 2am

WASHINGTON: The race to succeed World Bank president Robert Zoellick is heating up with the emergence of the first declare...