Category Archives: Washington Post

Report: Income inequality rising in most developed countries

By Eliza Mackintosh

LONDON — The divide between rich and poor is widening in developed nations, according to a new report released Wednesday by the Paris-based Organization for Economic Cooperation and Development.

According to the new data, economic disparity has risen more from 2007 to 2010 than in the preceding 12 years. Over this period, the OECD has documented increasing income inequality caused by the financial crisis, which it says is “squeezing income and putting pressure on inequality and poverty.”

In 2010, the richest 10 percent of people across 33 OECD member states earned 9.5 times the income of the poorest 10 percent. That factor is up from 9 in 2007. The largest differences among OECD countries were found in Chile, Mexico, Turkey, the United States and Israel, while the lowest were in Iceland, Slovenia, Norway and Denmark.

Levels of income inequality have worsened across three-quarters of all OECD countries since 2007. This gap rose most rapidly in nations where the euro crisis has hit hardest, coinciding with soaring unemployment. For example, in Spain and Italy, the average income of the top 10 percent stayed relatively stable, but the poor became drastically poorer.

Income inequality in the United States and Latin America — particularly Chile and Mexico — has tended higher than in Europe. This trend continued into 2010. The top five most unequal countries (in descending order) were Chile, Mexico, Turkey, the United States and Israel. Portugal, the European nation with the highest income inequality, was ranked sixth.

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Source: OECD

Traditionally, OECD countries have had lower levels of inequality than non-OECD nations such as India, China and Russia. Despite the economic downturn, the economies of China and India grew above the OECD average over the past decade and are continuing to develop. Though these emerging economies have reduced levels of poverty, they have also seen increased levels of income inequality.

In most OECD countries, the growing gulf between rich and poor was alleviated slightly by welfare support. While most countries experienced increases in disposable income inequality and relative poverty, the levels in 2010 were only slightly higher than in 2007, perhaps due to the deployment of fiscal stimulus packages.

The OECD report warns that if governments continue to cut benefits programs and pursue austerity policies, levels of inequality could continue to grow. Michael Förster, senior analyst at the OECD social policy division, said that they have taken this report as an opportunity to “raise the red flag” about the necessity for social welfare provisions in softening the blow of the economic downturn.

“At this stage in most countries, including most European countries, the crisis is not over. Just yesterday, France announced that it is in a recession,” Förster said. “The problem is that the focus of governments has shifted from stimulus to austerity measures.”

OECD Secretary-General Angel Gurría explained that governments must find ways of growing their economies while supporting individuals who are most at risk.

“These worrying findings underline the need to protect the most vulnerable in society, especially as governments pursue the necessary task of bringing public spending under control,” Gurría said in a statement. “Policies to boost jobs and growth must be designed to ensure fairness, efficiency and inclusiveness. Among these policies, reforming tax systems is essential to ensure that everyone pays their fair share and also benefits and receives the support they need.”

http://www.washingtonpost.com/blogs/worldviews/wp/2013/05/16/report-income-inequality-rising-in-most-developed-countries/

Britain, Argentina sparring again over the Falklands

By Eliza Mackintosh, Published: January 4

LONDON — More than 30 years after Argentina’s unsuccessful invasion of the Falkland Islands, a fresh war of words has broken out over the sovereignty of the British territory, a rocky archipelago about 8,000 miles from London but harboring outsize importance to both countries.

The latest bout of controversy erupted after Argentine President Cristina Fernandez de Kirchner issued a scathing letter to British Prime Minister David Cameron, which also ran as an open note to the British public Thursday in London’s Guardian newspaper. She demanded negotiations to hand over the islands, insisting that Britain was in violation of a 1960 U.N. resolution seeking to “end colonialism in all its forms and manifestations.”

The letter sparked immediate indignation in Britain’s halls of power, with the notoriously zealous British tabloids joining the fray Friday. Rupert Murdoch’s Sun tabloid took out an advertisement in the Buenos Aires Herald, warning Argentines to keep their “hands off” the islands.

The latest exchanges underscore the extent to which the sparsely populated islands, which cost the lives of more than 900 people in the 1982 Falklands War, remain a hot-button issue on both sides of the Atlantic.

“The future of the Falkland Islands should be determined by the Falkland Islanders themselves,” Cameron said in a statement on British television. “Whenever they’ve been asked their opinion, they’ve said they want to maintain their current status with the United Kingdom. They’re holding a referendum this year, and I hope the president of Argentina will listen to that referendum and recognize it’s for the Falkland Islanders to choose their future.”

London’s efforts to preserve the Falklands, one of the last outposts of the British Empire, have long been viewed, at least in part, as an attempt to maintain a vestige of its glorious past. But over the past 18 months, the issue of ownership has also become a question of economic gain, with the discovery of potential vast stores of oil. Rockhopper Exploration, a British oil firm, thinks that it has found a cache of 450  million barrels, with the potential for more.

Equally central to Britain’s position is the fundamental belief that the Falkland Islanders should have the right to self-determination. Residents of the English-speaking islands have long stated a desire to remain British. In the face of mounting political pressures from Argentina, the residents of the Falkland Islands have scheduled a referendum for March in order to reaffirm their standing as a British overseas territory.

The evolving struggle over the islands has, over the past few months, resulted in another kind of war — an economic attack on the cruise ship industry. Tensions have risen as Argentina has begun prohibiting ships flying United Kingdom or Falkland Island flags from docking in Argentine ports.

These escalated measures have resulted in several cruise lines canceling trips to the Falklands altogether.Among them, Holland America’s Veendam, German liner AIDAcara, and Prestige Cruise Holdings’ Regent Seven Seas Cruises and Oceania Cruises have scrapped visits, blaming pressure from Argentina. Eighty-one cruise ships and 60,000 passengers were scheduled to visit Stanley, the capital, this season, which lasts until April, but that number has already been drastically reduced.

In what might be considered a patriotic stand, major British cruise line P&O Cruises, a subsidiary of Carnival U.K., has canceled all scheduled visits to Argentine ports in 2013. The news came after Britain summoned Argentina’s ambassador to London, Alicia Castro, to protest what the British government considers to be “increasingly aggressive actions against the people of the Falklands Islands.” Among these was an attack led by masked men who tore apart a shipping services company in Buenos Aires. The British government alleges that the assault was made in an effort to deter vessels from visiting the Falklands. After the incident on Nov. 19, the cruise company associated with the shipping agents decided to cancel a trip to the islands.

Attempts to squash the Falklands’ tourism industry have taken a toll on Stanley, where about a quarter of the working population is involved in cruise ship tourism.

Small-business owners Kevin and Hattie Kilmartin run Bluff Cove Lagoon Penguin Tours near Stanley.

“We had a war here 30 years ago; we’re not unused to the fact that Argentina has certain issues with us,” Kevin Kilmartin said. “But recently they’ve been cranking up the economic warfare.”

http://www.washingtonpost.com/world/europe/britain-argentina-sparring-again-over-the-falklands/2013/01/04/14e63e22-56a1-11e2-8b9e-dd8773594efc_print.html 

Is London the most social Olympics ever?

From President Obama congratulating Team USA members like Michael Phelps on Twitter, to athletes being thrown out of competition for posting offensive messages, London 2012 has undoubtedly been the most social Olympics yet.

On July 26, Chloe Sladden, VP of Media for Twitter, wrote in a blog post that there were more Olympic-related tweets posted in one day leading up to the Opening Ceremonies than during the whole of the 2008 Beijing Games. Since then, record numbers of tweets were sent when Gabby Douglas won the women’s all-around gymnastics gold medal with 38,000 tweets pouring in per minute and during Phelps and Lochte’s showdown in the 200-meter individual medley with 25,000 per minute.

To harness the overwhelming response to the games, the iconic London landmark the London Eye has even been programmed to reflect overall moods of Olympic-related tweets in Britain through a light show.

Whether athletes celebrating their victories post pictures of their gold medals, or tweet about hanging out with rap stars, the world is getting a peek into the lives of those inside the rings at the Olympic Games and people are loving it.

The hype has generated hundreds of stories, not on what records Olympians are breaking, but what tweets they are posting. News media have taken to reporting on the top athletes to follow, not in their events, but online.

Whether Olympians use Twitter for promotional purposes or just to share experiences with friends, family and fans, the ability to see what our favorite athletes are up to is simply addictive.

For those who have missed out on some untelevised Olympic moments, here are some highlights:

Team USA’s “Fab Five” gymnasts have been the media darlings of London 2012. Here they are, minus Aly Raisman, clowning around on top of a double-decker bus in London.

Only one day after Andy Murray beat Roger Federer in the men’s tennis final and went on to score a silver in mixed doubles, the Scotsman decided to loan out his medals to some of his furry friends. Murray’s girlfriend, Kim Sears, reportedly runs the Twitter feed for their dogs Rusty and Maggie, who are pictured here wearing silver and gold, respectively.

Although Ryan Lochte’s love life may have received a lot of attention during this Olympic games, Michael Phelps’s appearance with model girlfriend Megan Rossee at a Speedo event in London on Monday made a big splash in the media. On August 5, Rossee posted pictures with Phelps, who was posing with a handful of medals.

Since his Olympic stint concluded, Ryan Lochte attended the US men’s basketball game against Argentina earlier this week where he hung out with rapper Ludacris.

Usain Bolt celebrated his 100-meter win with three members of the Swedish women’s handball team back in the Olympic village.

U.S. hurdler Lolo Jones is known for her outspoken antics on Twitter. She snapped this picture with a London police officer on her way into the Opening Ceremonies.

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