A Somali resident sells meat at a market in Hudur, where food shortages continue to cause suffering. Meanwhile, between 720 and 811 million people in the world faced hunger in 2020 – some 161 million more than for 2019 – the UN Secretary-General said July 12; “new, tragic data”, which indicates the world is “tremendously off track” to achieve the Sustainable Development Goals (SDGs) by 2030. Credit: UN Photo/Tobin Jones
BRUSSELS, Belgium / JEDDAH, Saudi Arabia, Jul 30 2021 (IPS) - A short answer to this question is yes, but it is obvious and predictable failure was visible for some time. This debate started before 2015, the year in which the Sustainable Development Goals (or SDGs) were adopted as successors to the Millennium Development Goals (MDGs) agreed in 2000. The 8 MDGs were expanded to 17 massive goals and 169 targets.
Thursday, 29 Jul 2021 08:19 AM MYT
Ravi Menon said that people must get used to more diverse views and public debate, maybe even more confusion before there is consensus or compromise, because that is a sign of a maturing society. Jacky Ho/Institute of Policy Studies pic via TODAY
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SINGAPORE, July 29 Having a good government is Singapore’s greatest strength but also its greatest vulnerability, because it is a single point of failure, the country’s central bank chief said.
Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), was speaking at a lecture on Wednesday (July 28).
The Independent Singapore News
MASâ Ravi Menon: Minimum wage can be considered to uplift those with lowest income
For a âtruly inclusive societyâ to be built, Mr Menon said, this requires âa value system that places the welfare of our fellow human beings alongside our own.
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Singapore â The managing director of the Monetary Authority of Singapore floated the possibility of having a minimum wage to help those with the smallest incomes although he warned it would not do much to address income inequality.
Mr Menon emphasised that the rationale behind imposing a minimum wage is âto help lift the wages of those at the bottom of the income distribution.â
Did high income make people unhappy? thefinance.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefinance.sg Daily Mail and Mail on Sunday newspapers.
July 23, 2021
MAS chief Ravi Menon cautioned against exaggerating the benefits of a minimum wage, saying it will not make a discernible dent in income inequality.
The Straits Times file
SINGAPORE - The Republic may want to seriously study a modest minimum wage as a complement to the existing progressive wage model (PWM), said Singapore s central bank chief on Thursday (July 22).
However, Mr Ravi Menon, managing director of the Monetary Authority of Singapore, cautioned against exaggerating the benefits of a minimum wage, saying it will not make a discernible dent in income inequality. If we have a minimum wage, we must be clear of its rationale: it is to help lift the wages of those at the bottom of the income distribution.