Manila: Developing Asia's rapid growth in recent years has given rise to a widening rich-poor divide that threatens to undermine the region's growth and stability, but governments can address the problem via shifts in spending priorities, the Asian Development Bank said. The region must spend more on education and health, create quality jobs and invest in infrastructure to reduce imbalances between developed and lagging rural areas so as to prevent...
10:20 AM, Apr 11, 2012
Davos: In a candid admission of the problems plaguing the world's largest economy, US Treasury Secretary Timothy Geithner said on Friday the country was seeing "very high levels of poverty and inequality". Geithner's comments at the World Economic Forum (WEF) annual meeting in Davos came on a day when the US government data showed that the country's economy grew 2.8 per cent in the last three months of 2011. "(There...10:03 PM, Jan 27, 2012
I-View film festival is trying to create awareness about gender inequality. ...06:00 PM, Aug 31, 2009
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