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Poverty rates, inflation, unemployment, food scarcity, and social unrest are on the rise and the government is not only failing to combat it but in some cases is contributing to it, the Egyptian Centre for Economic and Social Rights argues in a report.

Pay increase and a fall in unemployment a boost for the Bank of England

Thatcher-era supply-side policy had been used in UK for a number of decades. Mark Carney, the new governor of the Bank of England wants to reduce unemployment through the monetary policy goal rather than the supply-side policy. He is making efforts to change the emphasis on the supply-side policy, which has always aimed to reduce employment and to control inflation by implementing the increase in investments and the introduction of taxes towards the rich. Carney wants to shift the conditions of the markets towards driving up more investors and creating financial stability through the interest rate policy. This may be the solution to UK's economic problems, which had been lasting for a number of years since 2008 and the Euro crisis.