The gap between the rich and the poor keeps widening, the Organisation for Economic Cooperation and Development (OECD) says.
In its 34 member states, the richest 10% of the population earn 9.6 times the income of the poorest 10%.
There is no standard measure of inequality, but most indicators
suggest it slowed or fell during the financial crisis and is now growing again.
The OECD warns that such inequality is a threat to economic growth.
The report says this is partly because there is a wider gap in education in t...
Falling prey to traffickers, Bangladeshis sailing to Malaysia are sold at four different destinations. It begins at Teknaf in Cox’s Bazar and ends at the Thai jungles bordering Malaysia. The victims say this last stop is the worst. If ransom is not paid, this is where their lives end.
Many Bangladeshis and Myanmar’s Rohingyas who were freed from this last stop known as “jungle camp”, are now languishing in Thai jails. Details of the trafficking route, the changing of hands and the human trading, were revealed by several...
A direct bus service between Agartala and Kolkata through Bangladesh is expected to be finalised during Prime Minister Narendra Modi’s forthcoming visit to Dhaka, Tripura’s new Governor Tathagata Roy said here Wednesday.
“I have learned that the direct bus service between Agartala and Kolkata via Bangladesh is expected to be finalised when Prime Minister visits Dhaka next month,” Roy told reporters after the swearing-in ceremony.
He said it would “open a new era in the India-Bangladesh relations” and that “the people of Tripura and ...
Rohingya and Bangladeshi migrants on board a foundering vessel off Indonesia fought with axes, knives and metal bars in vicious clashes that left at least 100 dead, survivors said as they recovered from their ordeal.
[caption id="attachment_16081" align="alignleft" width="300"]
Rohinyga and Bangladeshi refugees are transported to a navy boat where they will be taken to mainland Malaysia, after they landed at Pantai Pasir Berdengung beach in Langkawi May 14, 2015. — Reuters pic[/caption]
Both groups described bloody, nightmarish scenes afte...
Poor education quality has ‘serious consequences’ for ending extreme poverty, says the World Bank ahead of World Education Forum 2015.
In 2015, WB president Jim Yong Kim notes, the poorest children have just a slim chance of finishing primary school in many countries.
“Most education systems are not serving the poorest children well. An estimated 250 million children cannot read or write-even though many have attended school for years. This is a tragedy and has serious consequences for ending extreme poverty,” he observes.
Against this backdrop, the global agency announced that it will double results-based financing for education to US$5 billion over the next five years.
A WB news release said on Tuesday that the new financing is part of the Bank Group’s commitment to end ex...
Increasingly concerned about the plight of migrants and refugees stranded in the Andaman Sea and Straits of Malacca, the UN chief and his deputy have spoken separately to leaders in Southeast Asia reiterating the need to protect lives and uphold the obligation of rescue at sea.
A statement issued in New York on May 17 by a UN spokesperson said in recent days, United Nations Secretary-General Ban Ki-moon has spoken to Malaysian Prime Minister Najib bin Tun Haji Abdul Razak and Thai Premier Prayuth Chan-...
suggest it slowed or fell during the financial crisis and is now growing again.
The OECD warns that such inequality is a threat to economic growth.
The report says this is partly because there is a wider gap in education in t...
