Libra is Facebook's bid to become the world's currency. Should we be worried? - 1 views
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Facebook has unveiled its plans to launch its cryptocurrency Libra, and it's clear that the social media giant has bold ambitions.Characterising the cryptocurrency as "a new global currency powered by blockchain technology", the company has designed Libra to be a robust, borderless currency backed by low-volatility assets in a pool known as the Libra Reserve.
In India the granaries are full but the poor are hungry | World news | Guardian Weekly - 4 views
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because the public distribution system (PDS) is undermined by bureaucracy and corruption, 60m tonnes of grain is lying in warehouses or under plastic sheeting, and, according to the Hindustan Times, 11m tonnes of it has been destroyed by the monsoons.
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Since the 1970s green revolution, agricultural production has continued to rise, but not to benefit the hungry. Half of India's children aged under five suffer from malnutrition, and the rate remained stable between 1999 and 2006 despite the economic growth in those years. India is the world's 11th largest economic power but still has more people in poverty than sub-Saharan Africa, even though it has not suffered from civil wars and political crises.
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A universal public distribution system would be a life-saver for the hungry, while for the others it would be a form of financial support and social security," explained Jean Drèze, an economist and member of the Right to Food movement. But he estimates the cost of the reform to be more than $21.8 billion. Is the country prepared to devote 1.5% of its GDP for the fight against hunger? The answer will lie in the government's Right to Food Act, which should be revealed before the end of the year.
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Why should Customer Feedback Survey Go digital ? - 0 views
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Last week, I was at one of Dubai's fancy restaurants for dinner and to be honest, I was rather sceptical about the place. But as soon as I walked in, that doubt was replaced with a "wow". Things seemed to keep getting better from there on- be it in terms of ambience, service, quality of food! I was impressed with this restaurant and which clearly had a ton of class associated with it. Until…
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TRADE: "Poor Countries Have Already Given Enough in Doha Round" - IPS ipsnews.net - 7 views
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The EU, for example, said there is "asymmetry" in what they are going to provide in agriculture and what they are going to receive in industrial goods and services as part of the Doha commitments.
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U.S. trade representative Ron Kirk maintained that the emerging countries bear the responsibility to conclude the Doha trade negotiations. He said the U.S. faces high unemployment, which requires real market access to big emerging developing countries.
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Despite a clear mandate on cotton, which needs to be addressed "ambitiously," "expeditiously," and "specifically" according to July 2004 framework agreement and the Hong Kong Ministerial Declaration of 2005, there is no progress because the U.S. wants to address this issue only after there is an agreement in all other areas.
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