The mortgage crisis that is at the heart of the current financial turmoil reflects fundamental flaws in the way countries approach housing, and highlights the danger in thinking that markets alone will ensure adequate housing for all, said an independent United Nations human rights expert.
The gap between rich and poor in most wealthy nations has widened, revealed the Organization for Economic Co-operation and Development (OECD). Across the 24 OECD countries where data was available, the cumulative rise in inequality was 7% over the past 20 years, the Paris-based group said. But this was not as large a rise as had been expected, it said.
The Antarctic wilderness is attracting a growing number of tourists keen to experience the icy landscape yet their presence is posing new risks to this unique marine environment.