Tuesday, May 29, 2012

Nation & World

The World

Posted 12/10/06
Page 2 of 2

Meanwhile, the International Publishers Association last week sent a stern letter to Ahmadinejad complaining about the Ministry of Culture and Islamic Guidance rules that are "preventing local writers and publishers from issuing new books"-de facto censorship that violates Iran's freedom-of-expression obligation under international accords.

IRAN. Ismail Haniyeh, on his first trip abroad as Palestinian prime minister, told Iranians that his Hamas-led government "will never recognize" Israel.
VAHID SALEMI--AP

Tallying Up the World's Wealth

They say life's not fair, and now some economists at the United Nations University in Helsinki, Finland, are showing just how unfair: The richest 2 percent of adults on Earth own more than half the household wealth in the entire world. People living in North America, Europe, and high-income Asia-Pacific countries together hold 90 percent of global wealth, according to UNU's World Institute for Development Economics Research. If you have net household assets exceeding $61,000, then you are among the richest 10 percent in the world; have assets exceeding $500,000, then welcome to the richest 1 percent, a club that numbers around 37 million members. By the way, the bottom half of the world's adult population-some 1.8 billion-must make do with barely 1 percent of global wealth.

With Associated Press

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