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| BLANTYRE |
Malawi marked its 37th year of independence from Britain on Friday, with ceremonies that highlighted the nation's ongoing struggles against poverty and corruption.
President Bakili Muluzi delivered an independence day speech at ... |
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| SAN SALVADOR |
Nearly a quarter of a million Salvadorans joined the ranks of those living in extreme poverty, as a result of two major earthquakes earlier this year, the UN Development Program said Thursday.
More than half of all Salvadorans ... |
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| WASHINGTON |
The seven large industrial economies and international lending institutions should focus on achieving "a new level of success in reducing poverty," US Treasury Secretary Paul O'Neill said Thursday.
Speaking to reporters ahead of Saturday's gathering of the Group of Seven (G7) finance ministers meeting in Rome, O'Neill said a key focus will be strenghthening international financial institutions such as the International Monetary Fund and multilateral development banks (MDBs).
These development banks "need to spark a new hope of a brighter future," ... |
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| MOSCOW |
Russia's parliament gave initial backing Thursday to a new labor code which stipulates for the first time that employers may not offer salaries lower than the government recognized poverty level.
The State Duma lower house of ... |
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