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The Global Economy in 2013: “Fragile and Timid Recovery”

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The Global Economy in 2013: “Fragile and Timid Recovery”

The global economy faces fewer headwinds in 2013 compared with last year and will likely grow a modest 3.5%, participants at the 43rd World Economic Annual Meeting were told in Davos, Switzerland. But Christine Lagarde, Managing Director, International Monetary Fund (IMF), described the recovery as “fragile and timid” because the Eurozone is prone to political […]

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World Bank & IFC Respond To ProPublica’s Critique Of Its Poverty Fighting

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World Bank & IFC Respond To ProPublica’s Critique Of Its Poverty Fighting

 Below is a letter from an official of the World Bank’s International Finance Corp., taking issue with our article posted Jan. 2 and co-published with Foreign Policy magazine. It is followed by our brief response. We are deeply disappointed by your article, “Can You Fight Poverty With a Five-Star Hotel?,” which raises an important question […]

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World Bank ‘Fighting Poverty’ Financing Billionaires’ Luxury Hotels

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World Bank ‘Fighting Poverty’ Financing Billionaires’ Luxury Hotels

By CHERYL STRAUSS EINHORN, Special to ProPublica— Accra is a city of choking red dust where almost no rain falls for three months at a time and clothes hung out on a line dry in 15 minutes. So the new five-star Mövenpick hotel affords a haven of sorts in Ghana’s crowded capital, with manicured lawns, amply watered […]

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Maternity Protection Not Just A Personal Issue

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Maternity Protection Not Just A Personal Issue

Discrimination Claims The Saskatchewan Human Rights Commission in Canada says that one in ten workplace complaints of discrimination is related to pregnancy. Pregnancy-related discrimination claims in the United States have jumped by 35 per cent in the last decade. Since 2001, US courts have paid out $150 million in damages in pregnancy discrimination cases. ILO […]

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Billionaires Behaving Badly: Wealthy Show Contempt For Working People

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Billionaires Behaving Badly: Wealthy Show Contempt For Working People

Gina Rinehart – the world’s richest woman – hates you and isn’t afraid to let you know. Rinehart and American David Siegel are just two examples of what many the world’s wealthy think of working people – and that includes you upper middle class folks. Gina Rinehart earned her wealth the old fashioned way: inheritance. […]

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Indonesia Clamps Down On Outsourcing After Nationwide Strike

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Indonesia Clamps Down On Outsourcing After Nationwide Strike

After a nationwide strike shut down many industries, workers in Indonesia have won a major victory, forcing the government to enact new rules clamping down on outsourcing. The Indonesian government is imposing tighter restrictions on the employment of workers through outsourcing  following the 3 October 2012 nationwide labor protests. New regulations will ban outsourcing companies from […]

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In Canada Jobless Youth Left Out As Government, Business Look Abroad

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In Canada Jobless Youth Left Out As Government, Business Look Abroad

A backlash is beginning to appear in Canada against recent changes in wage and immigration rules aimed at attracting workers from the economically depressed Eurozone. Jason Kenney, Canada’s immigration minister, is redefining the nation’s immigration and wage rules. The new rules are expected to go into effect next year. The changes are meant to attract workers […]

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New Technology, New Jobs – Educating The Future Smart Grid Workforce

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New Technology, New Jobs – Educating The Future Smart Grid Workforce

By Karen Stewartson, Government Technology— Not only is Massoud Amin a scholar and educator, he’s also considered the “father of the smart grid.” This Q&A from Government Technology with University of Minnesota professor Massoud Amin discusses the kinds of jobs and skills that will be created by smart grid technology and what it will take […]

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Global Gloom About The World Economy, China, India & Emerging Markets Optimistic

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Global Gloom About The World Economy, China, India & Emerging Markets Optimistic

Pew Research Center report- The economic mood is exceedingly glum all around the world. A median of just 27% think their national economy is doing well, according to a survey in 21 countries by the Pew Research Center’s Global Attitudes Project. Only in China (83%), Germany (73%), Brazil (65%) and Turkey (57%) do most people […]

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Stronger U.S. Job Market Seen, Global Unemployment Outlook Grim

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Stronger U.S. Job Market Seen, Global Unemployment Outlook Grim

By ROBERT SCALLY —  The outlook for the U.S. economy is mostly unchanged from that of three months ago, according to 45 economic forecasters surveyed by the Federal Reserve Bank of Philadelphia. The economy continues to slowly improve, and should keep getting better for the next few years. The overall forecast for job growth and […]

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