Group items tagged

An Asian Development Bank said that India is in danger because of the water scarcity conditions. The annual average of water is reducing per capita and it will cause a water scarcity. They are in a dangerous position. Unfortunately, there are also some other things that causes the increase of the scarcity like more demand of water to factories or some changes of amount of water of rainfalls. I think this is a really important problem, especially for this times. Last year, it didn't rain very much in my city and we had some little problems about water because we didn't have any in our dam. For several weeks, we didn't have much water and I had never thought that would be a difficult thing. It is hard to take a shower, or to brush my teeth with less water. This article was interesting because water is like the most important thing in our life because without water, we can't do anything. I also related water scarcity to my city this summer and I hope that it will rain a lot this year.

A new report from the Organization of Economic Co-operation and Development, which represents 34 mostly developed nations, said the rise in income inequality hurts economic growth. Today, the richest 10% of the population in member countries earn 9.5 times the income of the poorest 10%.

The article discusses how determinants of growth like state capacity, developmental expenditure, capital expenditure and doing business was not easy in West Bengal. The article also quotes statistics such as how the West Bengal was now slightly above the BIMARU states in terms of per capita SDP, the human development index was also slightly better than average, while the quality of higher education and infrastructure was poor.

Liberia was going through a lot of deforestation, and was going to become the number one deforested country. Therefore Norway has jumped in to help with this crisis, by saying they will help pay for development aid, because there have been fears that the Ebola crisis would increase the logging in Liberia, who are really desperate for cash. This part of the news shows how Liberia would cut all their trees and take away all of their valuable resources for the money to help cure it's people. As of now Norway will pay the impoverished West African country $150m (£91.4m) to stop deforestation by 2020.

NEW DELHI: The Rural Development Ministry Tuesday ordered district administrations to ensure that water conservation work like construction of check dams and de-silting of traditional water bodies are taken up under the rural job act to mitigate drought-like situation.

For more than two years, the Organization for Economic Cooperation and Development, an international economic organization of 34 of the world's richest countries,have been debating how to produce a global tax system that would eradicate the sort of tax avoidance that has seen Apple squirrel away more than $160 billion overseas.

The Organization for Economic Cooperation and Development on Wednesday upgraded its growth outlook for the Japanese economy for 2015 and 2016, aided by lower oil prices that are expected to boost global demand.

China's ruling Communist Party says it plans to make the country's tightly controlled currency, the yuan, freely traded by 2020. The announcement Tuesday came as the party released more details of decisions at a meeting last week on its latest five-year development plan.

Trade protectionism could hurt global growth and undermine economic reforms in developing countries, the world's top three economic organisations have warned. The warning came in a letter signed by the leaders of the World Bank, International Monetary Fund (IMF) and World Trade Organisation (WTO) and sent to leaders of the world's major industrial nations, who were meeting in Paris.