Nadeem Malik

Wednesday, September 12, 2007

Despite Many Challenges, World Faces Brighter Future

Despite Many Challenges, World Faces Brighter Future: Report.
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"Despite daunting challenges posed by global warming, water, energy,
unemployment and terrorism, the world faces a brighter future with fewer
wars, higher life expectancy and improved literacy, according to [2007
State of the Future] report released Monday. …

Published by the World Federation of UN associations, a global network
of
associations in more than 100 member states, the study noted that the
number of African conflicts fell from a peak of 16 in 2002 to five in
2005
and the number of refugees around the world is falling.

It said the world economy grew at 5.4 percent last year to 66 trillion
dollars while the global population rose 1.1 percent, increasing the
average world per capita income by 4.3 percent. … The study said that
over
a billion people (17.5 percent of the world's total) are now connected
to
the Internet.  …" [Agence France Presse/Factiva]

Turkish Daily News reports that "…On the negative side, it pointed to
hikes in CO2 emissions, terrorism, corruption, global warming and
unemployment and a decrease in percentage of voting populations.

Persistent inequality was illustrated by figures showing that two
percent
of people own 50 percent of the world's wealth while the poorest 50
percent own only one percent. The income of the richest 225 people in
the
world equals that of the poorest 2.7 billion or 40 percent of the global
population, the report said. …" [Turkish Daily News/Factiva]

AP writes that "Organized crime may have brought in more than $2
trillion in revenue last year, about twice all the military budgets in
the
world combined, a report issued Monday said. … [It] said organized crime
entities generated income from money laundering, counterfeiting and
piracy, and the trafficking of drugs, people and arms. …

The report called organized crime one of the most pressing global issues
that needs to be addressed in the next 10 years. …"


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N A D E E M M A L I K
CNBC PAKISTAN
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ISLAMABAD

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