
A floating exchange rate for non-essential imports was announced this past week, but at this point was is non-essential anymore in Venezuela?

India is an agrarian economy where more than 50% of its population is directly or indirectly associated with farming. While India is one of the major — and fastest-growing — economies in the world, the agricultural sector, which employs around 120 million farmers (25% of the work force) contributes to only 18.1% of the country’s Gross Domestic Product (GDP). Over the years, as other industries like manufacturing and BPO surged, India’s farm productivity has declined. The country’s farmers are getting poorer, leading to growing inequalities.
India’s Promise To Double Farmers’ Paltry Income May Be Too Little, Too Late
Pulitzer Center grantees Matt Kennard and Claire Provost spend some time on WBEZ, talking about their reporting on the World Bank.

As Austerity Hits Puerto Rico, Students Pay The Price
SAN JUAN, PUERTO RICO — Earlier this year, social work student Coraly León arrived at her research assistant job at the University of Puerto Rico to find her salary abruptly cut in half due to budget cuts. “Not only do I have to find another job in order to support myself,” she told ThinkProgress, “but I still have to somehow complete my required 25 volunteer hours a week in order to graduate, on top of my research assistant work, on top of studying, on top of being an activist. I really don’t know if I can go on like this.”

Roughly four-in-ten Americans (40%), Europeans (38%) and Japanese (37%) say economic conditions are good in their countries.