Burden of raising kids drives Korean fertility to world’s lowest

SEOUL – South Koreans’ record-breaking reluctance to have babies is prompting renewed efforts to stave off a demographic crisis that threatens to weigh on the country’s economic growth and social welfare system. The country set a fresh mark for the world’s lowest fertility rate last year, and separate projections indicate that the population will halve […]

Pakistan floods to cost at least $14b, says minister as rains wash away crops, homes and bridges

ISLAMABAD (REUTERS) – Early estimates put the damage from Pakistan’s recent deadly floods at more than US$10 billion (S$14 billion), its planning minister said on Monday (Aug 29), adding that the world has an obligation to help the South Asian nation cope with the effects of man-made climate change. Unprecedented flash floods caused by historic […]