Explainer: Why is COVID-19 pushing up extreme poverty and can it be reversed?
London, UKThomson Reuters Foundation COVID-19 could push a billion people – almost one in nine of the Earth’s inhabitants – into extreme poverty by 2030. The alarming statistic laid out in a United Nations report last week is the latest warning of the generational impact the pandemic is having on the world’s most vulnerable. A woman potter carries […]
Coronavirus may push 150 million people into extreme poverty – World Bank
Reuters The World Bank said on Wednesday that the coronavirus pandemic could push as many as 150 million people into extreme poverty by the end of 2021, wiping out more than three years of progress in poverty reduction. Releasing its flagship biennial report on poverty and shared prosperity, the multilateral development lender said that an […]
Global goal to end poverty by 2030 unlikely to be met, World Bank says
London, UKThomson Reuters Foundation The number of people living on less than $US1.90 a day has fallen to record low of about 655 million – or nine per cent of the world’s population – but a global target of ending extreme poverty by 2030 is unlikely to be met, the World Bank said on Wednesday. […]