Wealth inequality in Latin America and the Caribbean remains a serious issue despite strong economic growth and improved social indicators observed over the past decade. A report release in 2013 by the UN Department of Economic and Social Affairs entitled Inequality Matters. Report of the World Social Situation, observed that: Declines in the wage share have been attributed to the impact of labour-saving technological change and to a general weakening of labour market regulations and institutions. Such declines are likely to affect individuals in the middle and bottom of the income distribution disproportionately, since they rely mostly on labour income. In addition, the report noted that highly-unequal land distribution has created social and political tensions and is a source of economic inefficiency, as small landholders frequently lack access to credit and other resources to increase productivity, while big owners may not have had enough incentive to do so.
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When Louis was 15, his mother brought an end to the Albigensian Crusade in 1229 after signing an agreement with Count Raymond VII, Count of Toulouse that cleared the latter's father of wrongdoing. Raymond VI, Count of Toulouse had been suspected of murdering a preacher on a mission to convert the Cathars.
Louis went on two crusades, in his mid-30s in 1248 (Seventh Crusade), and then again in his mid-50s in 1270 (Eighth Crusade).
LEO I's clock speed was 500 kHz, with most instructions taking about 1.5 ms to execute. To be useful for business applications, the computer had to be able to handle a number of data streams, input and output, simultaneously. Therefore, its chief designer, Dr. John Pinkerton, designed the machine to have multiple input/output buffers. In the first instance, these were linked to fast paper tape readers and punches, fast punched card readers and punches, and a 100 line a minute tabulator. Later, other devices, including magnetic tape, were added. Its ultrasonic delay line memory based on tanks of mercury, with 2K (2048) 35-bit words (i.e., 8 kilobytes), was four times as large as that of EDSAC. The systems analysis was carried out by David Caminer.