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Thursday, June 04, 2009

IMPROVING CAPITALISM?

"A UN report says hunger in South Asia has reached its highest level in 40 years because of food and fuel price rises and the global economic downturn. The report by the UN children's fund, Unicef, says that 100 million more people in the region are going hungry compared with two years ago. It names the worst affected areas as Nepal, Bangladesh and Pakistan. The report says South Asia's governments need to urgently increase social spending to meet the challenge. It says that climate change and urbanisation also need tackling. According to the World Bank, three quarters of the population in South Asia - almost 1.2 billion people - live on less than $2 (£1.2) a day. And more than 400m people in the region are now chronically hungry.
(BBC News, 2 June) RD

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