whereas the Gini coefficient ticks up only slightly. The Palma ratio has another advantage: Its real-world meaning is easy to grasp. It is not the product of statistical wizardry, but simple ...

You would certainly have come across articles or presentations where it is stated that South Africa is the most economically unequal society in the world. Invariably, reliance for such statements is ...

Income inequality among older people in Korea is also among the highest globally. The Gini coefficient, a measure of income disparity, stood at 0.376 for those aged 66 and older, significantly ...

Midori Kato is the last original member of the cast of “Sazae-san,” a cartoon series that premiered in 1969 and never quite joined the modern world. Lena Schilling, the youngest lawmaker in ...

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Get this delivered to your inbox, and more info about ...

President Trump’s moves to pause refugee resettlement, freeze foreign aid and suspend funds to promote democracy have added more chaos to one of the world’s most urgent humanitarian crises.