Some coverage on food, financial mess, riots...
The haves and have-nots
Whatever the cause, what we have seen is how socially excluded groups of people have take to the streets and for that suddenly been given the time of day by the media, those in authority and the world is paying attention – willingly or unwillingly.
Large generations of Malaysian young adults enter the workforce with a heavy load of debt for basic needs and are unable to buy homes and cars without their parents help.
What will then happen to the next few generations? Will they have to pay off a generational debt?
When people are hungry for basic necessities, have worked hard and still do not make enough to live, it is only a matter of time before they reach their tipping point – and then what?
http://www.thesundaily.my/news/108243
Japan Food Riot Fears on the Rise
The price of 60 kilograms of rice had a reference price of $13,700 (£8,399) for delivery in 2012 but it reached more than $19,210 on the Osaka exchange, which carried on trading.
No one knows for sure how the markets are going to deal "with a potentially smaller edible harvest after decades of trying to keep output in check."
http://www.wealthwire.com/news/headlines/1660
Worldwide Riots: A Breakdown
Watching footage of the riots in the United Kingdom, you'd be forgiven to think that you're experiencing déjà vu. Riots and protests have been happening all over the globe as financial catastrophe meets repressive governments.
We saw it with the Arab spring in Tunisa, Egypt and Libya. We also saw a huge backlash to draconian economic bailout policies in Greece, Spain and Portugal...
Now that anger and frustration is simmering in the streets of the UK, Israel and Syria; three very different countries...
http://www.wealthwire.com/news/global/1656
When ordinary folk turn looters
Prime Minister David Cameron had one sentence to describe the people behind the mayhem – "There are pockets of people in our society who are sick. This is nothing but criminality – pure and simple."
This quite explains why two girls who took part in Monday night's riots in Croydon had the audacity to go on camera and say that they were showing the police and the rich that "we can do what we want." While speaking to BBC's Leana Hosea, they were sipping wine looted from a nearby store.
http://www.thesundaily.my/news/109652
The haves and have-nots
Whatever the cause, what we have seen is how socially excluded groups of people have take to the streets and for that suddenly been given the time of day by the media, those in authority and the world is paying attention – willingly or unwillingly.
Large generations of Malaysian young adults enter the workforce with a heavy load of debt for basic needs and are unable to buy homes and cars without their parents help.
What will then happen to the next few generations? Will they have to pay off a generational debt?
When people are hungry for basic necessities, have worked hard and still do not make enough to live, it is only a matter of time before they reach their tipping point – and then what?
http://www.thesundaily.my/news/108243
Japan Food Riot Fears on the Rise
The price of 60 kilograms of rice had a reference price of $13,700 (£8,399) for delivery in 2012 but it reached more than $19,210 on the Osaka exchange, which carried on trading.
No one knows for sure how the markets are going to deal "with a potentially smaller edible harvest after decades of trying to keep output in check."
http://www.wealthwire.com/news/headlines/1660
Worldwide Riots: A Breakdown
Watching footage of the riots in the United Kingdom, you'd be forgiven to think that you're experiencing déjà vu. Riots and protests have been happening all over the globe as financial catastrophe meets repressive governments.
We saw it with the Arab spring in Tunisa, Egypt and Libya. We also saw a huge backlash to draconian economic bailout policies in Greece, Spain and Portugal...
Now that anger and frustration is simmering in the streets of the UK, Israel and Syria; three very different countries...
http://www.wealthwire.com/news/global/1656
When ordinary folk turn looters
Prime Minister David Cameron had one sentence to describe the people behind the mayhem – "There are pockets of people in our society who are sick. This is nothing but criminality – pure and simple."
This quite explains why two girls who took part in Monday night's riots in Croydon had the audacity to go on camera and say that they were showing the police and the rich that "we can do what we want." While speaking to BBC's Leana Hosea, they were sipping wine looted from a nearby store.
http://www.thesundaily.my/news/109652
