Wednesday, October 8, 2014

Global income equality now back at 1820s levels: OECD

The gap between the haves and the have-nots globally is now at the same level as in the 1820s, the OECD has said recently, warning it was one of the most “worrying” developments over the past 200 years.
In a major report on global well-being over the past two centuries, the Organisation for Economic Cooperation and Development on Thursday noted that inequality shot up after globalisation took root in the 1980s.

MALAYSIA:::Only 372,000 Socso health vouchers redeemed

Only 18.6% or 372,000 of the two million vouchers for free health screenings have been redeemed by Social Security Organisation (Socso) contributors as of last month.
Human Resources Deputy Minister Datuk Seri Ismail Abdul Muttalib urged Socso members who had yet to carry out the free health check not to delay as the voucher was valid only until the end of December.