Ripple Effect Moves North: The Euro Zone Is Headed for a Bumpy Ride - SPIEGEL ONLINE - ... - 0 views
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The Italian economy is expected to increase a mere 1 percent this year, and Portugal should post a 1.2 percent rise in GDP for 2008
Public-sector workers: (Government) workers of the world unite! | The Economist - 0 views
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Unions have suppressed wage differentials in the public sector. They have extracted excellent benefits for their members. And they have protected underperforming workers from being sacked.
Tax Research UK » Why VAT is regressive - 0 views
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First, the poor must have savings, and as I show, they don’t. Second, they must have access to borrowing, and as I show, they don’t (except for doorstep lenders). Third, the consumption patterns of the rich must be the same as the poor, and they’re not. In fact, the consumption patterns of the rich (for school frees, private health, leisure travel, second homes and financial services products) are all VAT free, unlike the consumption patterns of the poorest.
Impoverished Indian families caught in deadly spiral of microfinance debt | World news ... - 0 views
Inequality: Unbottled Gini | The Economist - 0 views
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Mr Strauss-Kahn then bemoaned “a large and growing chasm between rich and poor—especially within countries”. He argued that inequitable distribution of wealth could “wear down the social fabric”. He added: “More unequal countries have worse social indicators, a poorer human-development record, and higher degrees of economic insecurity and anxiety.”
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The income of the wealthiest 20% of Americans rose 14% during the 1970s, when the income of the poorest fifth rose 9%. In the 1990s the income of the richest fifth rose 27% while that of the poorest fifth went up only 10%.
Interactive: UK economy struggles | Business | guardian.co.uk - 0 views
BBC News - Unemployment in graphics - 2 views
Unemployment rises above 2.5m milestone | Business | guardian.co.uk - 0 views
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Unemployment rises above 2.5m milestone • Jobless total rises to 2.51m • Unemployment rate at 7.9%• Public sector employment falls by 111,000• Claimant count rises by 20,300 in August•Youth unemployment increases to 972,000
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