Wednesday, February 02, 2011

Income inequality - a lesson for Singapore

14:54 01Feb11 RTRS-UPDATE 1-Global imbalances returning, could fuel unrest: IMF chief
By Kevin Lim 
   SINGAPORE, Feb 1 (Reuters) - The world economy has begun improving but is beset by problems such as high unemployment and rising prices which could fuel crippling trade protectionism or even lead to war within nations, the head of the International Monetary Fund warned on Tuesday. 
   Rising food and fuel prices in recent months have already hit poorer countries and are one of the factors behind massive anti-government protests in Egypt and in Tunisia, whose president was ousted last month. [ID:nLDE71000N] 
   
Read the article in:
http://uk.reuters.com/article/2011/02/01/singapore-imf-idUKL3E7D10C420110201

UPDATE 2-Joblessness, rising prices could spark war within nations: IMF chief



1 comment:

  1. It's such news that has me eying ExactPrice on my desktop.

    Gold is giving us some food for thought in how Central Bankers around the globe are treating it. Not to mention how the demand for the metal on the street, globally, is picking up.

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