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Posts Tagged ‘world bank’

‘Extreme poverty’ unlikely to become an Olympic Sport‏

While five new sports, including ‘Sepp Blatter Accounting’, are set to be added to the 2020 Tokyo Olympics, impoverished activities like ‘ultra-privation’ or ‘uber-penury’ are unlikely to make the cut.  In fact, according to the World Bank, participation in ‘extreme poverty’ has fallen below 10%, putting it on par with English rugby as ‘something no one wants to be part of’.

Ministers, having investing a lot of time in not investing in welfare, had hoped a cut to tax credits might inspire a generation of disenfranchised athletes.  However, using the poverty income figure of $1.90 per day, very few Premiership footballers fall into that category.

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Posted: Oct 6th, 2015
More from Sport

Mervyn King to accompany PM everywhere and contradict him in real-time

PM bound to need help from time to timeWith strong support from the CBI, the OECD, IMF, World Bank and heads of the G20 nations, Mervyn King will shortly be appearing next to Gordon Brown everywhere he goes and pointing out on the spot when the Prime Minister says something that might be just ‘a teensy bit wrong’. Armed with his own assessments from the Bank of England and detailed analyses and forecasts from the other agencies, Mr King will be able to swiftly put the record straight when the PM says something daft like ‘we can just print all the money we want’.

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Posted: Jul 2nd, 2009
More from Politics

IMF erects giant thermometer

IMF headquarters: throwing wet sponges at Pope could prove a moneyspinnerThe International Monetary Fund confirmed today that the giant thermometer erected outside its Washington headquarters will show the running total of funds raised for the recapitalisation of the world’s financial markets.

‘This is just the first step,’ said a spokesman. ‘We’ve got a fete lined up, followed by a sponsored walk, a bring-and-buy sale, and an international five-trillion-bob-a-job week.

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Posted: Mar 30th, 2009
More from Business