Over 1.7 million Israelis lived below the poverty line last year, a new report shows.

An analyst says there is wage stagnation in the United States and that is really the basis for the economic stall in the country.

The gap between rich and poor in the US has hit its highest levels in 30 years, a new report shows.

The Paris-based Organization for Economic Cooperation and Development has warned about rising inequality in the world.

An analyst says that neoliberalism has failed to address economic issues known since the 1970s.

The Organization for Economic Co-operation and Development, OECD has forecast an overall improved situation for the world economy. It points out however that the Eurozone, Brazil and Canada are still facing challenges. Within the Eurozone, low inflation and missing budget targets by member states are a source of concern. Countries like Brazil and Canada are to face other challenges due to fluctuations in global commodity prices. Anustup Roy has this report.

The Organization for Economic Cooperation and Development warns about new global economic woes.