One-Third Of World's Food Gets Wasted Each Year
UN Report: One-Third Of World's Food Wasted Each Year
By Cristina Arreola | 09/12/2013 - 14:25

Remember when your mamá told you not to waste your food because there are starving children in the world? Turns out, she was doing the right thing. 

A disheartening United Nations report reveals that a whopping 1.3 billion tons of food gets wasted each year. The total loss, which is about 1/3 of the total food produced in the world each year, amounts to economic losses of $750 billion. 


Read more
1217correa_article.JPG
Ecuadorean President Rafael Correa Announces Default on Debt
By Mariela Rosario | 12/17/2008 - 16:30

Leftist President Rafael Correa announced recently that he would not take strides to repay the 30.6 billion dollars still owed on Ecuador's Global 2012 bond. Saying the debt was illegitimate, Correa confirmed that the amount would remain unpaid and stood behind a presidential commission that recommended Ecuador default on almost 40 per cent of foreign debt.


Read more