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Inequality

Afghan girl coders design games to fight opium and inequality

5 months, 10 days ago
HERAT, Afghanistan: Think Super Mario Bros, but with an Afghan twist. This is how Afghanistan’s first generation of female coders explain their abilities as game-makers after uploading more than 20 games on digital app stores this year.…

IMF chief: to beat inequality, close the gender gap

1 year, 5 days ago
Washington: IMF chief Christine Lagarde said on Thursday that the best way to reduce inequality around the world would be to eliminate the gap between women and men in the economic sphere. Asked whether she thought that raising taxes on…

Spend more on schooling to reduce inequality, IMF says

1 year, 7 days ago
WASHINGTON: Tackling disparities in education is crucial to reducing global income inequality, the International Monetary Fund said on Wednesday, urging governments to spend more on schooling for disadvantaged children. In a report, the…

Inequality, low wages weaken global growth: IMF official

1 year, 22 days ago
WASHINGTON: A hollowing out of the middle class in advanced economies like the US, amid weak wage growth and rising inequality, is holding back global growth, a senior IMF official said Monday. Tao Zhang, the International Monetary…

Four Indonesians wealthier than poorest 100 million: Oxfam

1 year, 7 months ago
JAKARTA: The four richest Indonesians are wealthier than the poorest 100 million people in the country, a study has found, highlighting how huge numbers have been left behind as the economy booms. Oxfam said that President Joko Widodo…

Davos: 5 key themes this year

1 year, 8 months ago
DAVOS, SWITZERLAND: The global elite wraps up its talkathon in the Swiss ski resort of Davos on Friday -- around the same time as Donald Trump enters the White House on a wave of anti-elitist anger. Here are five key themes from this…

Crackdown looms for India’s super-rich tax avoiders

2 years, 4 months ago
NEW DELHI: Lamborghini rolled out its new $580,000 supercar onto the streets of India this month, but local millionaires tempted to buy the flashy convertible could hit a bump in the road thanks to the taxman.