A study for the World Health Organisation has provided evidence of how the gap between the rich and the poor affects individual and collective mental health. It shows how the gap causes psychological and physiological changes that affect the mental health of individuals. The report also argues that the mental health component is important in [...]
Source: Statistics Department
Hey, let’s do the limbo rock
Limbo lower now
Limbo lower now
How low can you go
Reality has just smacked us in the face.
GDP fell by 6.2 per cent in the first quarter of 2009 compared to the same period last year. (In the last quarter of 2008, GDP grew by 0.1 per cent, year on [...]
Obama’s controversial speech at a Catholic university. Parts 2, 3 and 4 below. Full text here.
The US president pleads for open hearts, open minds and fair-minded words over some of the bitter debates that divide American society. See also ‘The real scandal of Notre Dame‘ by the head of a Catholic university.
Obama, however, doesn’t touch [...]
The recession has reached our shores, with the IMF forecasting that the Malaysian economy will shrink by 3.5 per cent this year.
Is it affecting you? Is your job secure or have you been laid off? How are you coping? Have you stopped eating out?
Economist Nouriel Roubini says that an L-shaped near depression may be avoided given the policy measures undertaken by the Obama administration. All the same, in his RGE Monitor, he is now predicting that the current protracted U-shaped recession will not bottom out in the third quarter but will instead continue until next year:
One should recognize [...]
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