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21 November 2009
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Economic Meltdown Impact


 
09-11-2009 People world over are disenchanted with free market capitalism, says a new BBC global survey. Those surveyed in 27 countries – both developed and developing – have said that there is a need for regulating businesses and distributing wealth evenly.
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Image: A Frankfurt trader tries to deal during the 2008 banking crisis/ Photo credit: AFP
 
 
 
 
29-10-2009 Soaring prices of food items in Pakistan are giving the poor a tough time. Corruption and mismanagement have made it further difficult to reach the benefits of subsidised food schemes of the government to the needy.
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Image: Razia and her family wonder where their next meal will come from/Photo credit: IRIN
 
 
 
 
15-10-2009 The 2009 Global Hunger Index released by International Food Policy Research Institute shows alarming levels of hunger and malnutrition across South Asia and Sub-Saharan Africa. The study finds that economic downturn has severely affected purchasing power in low-income countries resulting in under-nourishment and high child mortality rates.
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Image: Africa is also home to the highest proportion of undernourished people/ Photo credit: Oaktree Foundation
 
 
 
 
13-10-2009 The world will require 70% growth in farm production to feed the projected population of 9.1 billion in 2050. "Never say never again", was the general consensus at a two-day expert meet on how to feed the world, organised earlier this week by the FAO in Rome, Italy.
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Image: Will there be enough food/ Photo credit: IRIN
 
 
 
 
05-10-2009 The World Food Programme’s budget for Bangladesh is going to be severely affected due to lack of funding by donors. The global economic downturn is taking its toll on the UN agency that is heavily dependent on aid from wealthy nations.
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Image: Shuili and her daughter depend on food rations from the UN not to face starvation/ Photo credit: Al Jazeera
 
 
 
 
30-09-2009 Southeast Asia has become a hotbed for commercial sexual exploitation of children due to the global economic downturn. Experts are of the view that governments are failing to do enough to protect young people.
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Image: Street children and stateless children are extremely vulnerable to commercial sexual exploitation/ Photo credit: IRIN
 
 
 
 
29-09-2009 While inaugurating a three-day conference in Hanoi, Vietnam, ADB chief Haruhiko Kuroda urged governments in the Asian region to think of expanding social safety nets that could both protect the poor and help spur economic growth. Asia is now beginning to recover from the global economic crisis.
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18-09-2009 If G20 takes adequate measures, it can save up to 11 million jobs in 2009, according to the ILO head. Ahead of the summit in Pittsburgh next week, the UN body has predicted global unemployment hitting an all time high due to continued labour market deterioration.
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Image: Every year around 45 million men and women enter the global labour market/ Photo credit: AFP
 
 
 
 
12-09-2009 Eminent Indian economist Prof Jayati Ghosh says the proposed food security bill is more than a mere hoax; in fact, it would create more food insecurity. In an exclusive interview with OneWorld South Asia, she talks about the various problems that plague the country.
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Image: Prof Jayati Ghosh/ Photo credit: La Repubblica
 
 
 
 
09-09-2009 United Nations Conference on Trade and Development’s new report has predicted a bleak future for the world economy. The study released yesterday has blamed excessive financial deregulation for the current crisis.
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Image: Cover page of the UNCTAD report/ Photo credit: UN News
 
 
 
 
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