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World News

UN AND OXFORD UNIVERSITY UNVEIL NEW INDEX TO MEASURE POVERTY

The United Nations Development Programme (UNDP) and Oxford University today launched a new index to measure poverty levels which they said give a “multidimensional” picture of people living in hardship, and could help target development resources more...

UN calls for urgent action to tackle rising youth unemployment

The United Nations labour agency is calling for urgent action to tackle the crisis of youth unemployment, which has increased significantly in the wake of the global economic slowdown and has repercussions for the economy as well as social cohesion....

China Says Its Economic Growth Is Slowing

China's rapid growth is slowing as the impact of its massive stimulus eases and Beijing clamps down on a credit boom.

Spain's Boom To Bust Illustrates Euro Dilemma

Until recently, Spain was the prosperous "Iberian Tiger," the biggest creator of jobs among Europe's 16-nation single currency zone.