(CNSNews.com) — New research by an economist at Stanford's Hoover Institution shows that globalization and industrial investment are increasing prosperity worldwide and lessening the economic gap between rich and poor countries.
"Projecting these dynamics forward suggests rapid growth across all regions over the coming century that will bring nearly all countries to within 80 percent of the per capita income frontier," Hoover research fellow Timothy Kane wrote in "Accelerating Convergence in the World Income Distribution," a working paper that was published on Jan. 17.
Two super PACs supporting Sen. Ted Cruz's presidential campaign are offering to donate $1.5 million to charities that help veterans if Donald Trump will debate Cruz head-to-head before the Iowa caucuses.
The political action committees, Keep the Promise I and II, are proposing a one-hour debate to be held in Iowa on or before Jan. 31, the day before the caucuses, with a moderator chosen by the candidates.
