10 pct cut in world military spending could eliminate poverty: think tank
A Stockholm-based think tank said military spending came to 2.3 percent of global GDP — a tenth of which would be enough to end poverty and hunger by 2030.
A Stockholm-based think tank said military spending came to 2.3 percent of global GDP — a tenth of which would be enough to end poverty and hunger by 2030.
Business Interview Interview International Lead Story News Video
Vikram Kumar, the Resident Representative for the International Finance Corporation (IFC) in Burma, spoke to DVB Interview International’s Alex Bookbinder about IFC investments in Yoma Bank and Shangri-La hotels.
Analysis Contributor Lead Story
As the level of income disparity increases, it is feared that it may portend social unrest down the road, perhaps resulting in a return to a more controlled economy and populace.
|
|
---|
|
|
---|
In May the government granted over 10 million Kyat [USD$10,000] to Kamarmat village-tract in Rangoon as part of a nationwide poverty alleviation scheme. Impoverished households were due to get 30,000[…]