Tag Archives: Poverty

An estimated 333 million children, one in six of the world’s child population, are grappling with extreme poverty, revealed a report jointly prepared by UNICEF and the World Bank. UNICEF and the World Bank collaborated on a report titled “Global Trends in Child Monetary Poverty According to International Poverty Lines,” …

One in five people in the EU is at risk of poverty or social exclusion, the bloc’s statistical office reported on Friday. “In 2020, there were 75.3 million people at risk of poverty in the EU,” Eurostat said in a press release, adding that “27.6 million were severely materially and …

Lebanon is on the verge of complete chaos following the pound’s dramatic fall against the US dollar with disgruntled citizens taking to the streets, blocking highways, burning, and attacking public utilities to protest the deteriorating economic conditions. This coincided with the breakdown of public services that has left the country …

Unicef has warned that millions of children could be pushed to the brink of starvation as the coronavirus pandemic sweeps across war-torn Yemen amid a “huge” drop in humanitarian aid funding. It said the number of malnourished Yemeni children could reach 2.4 million by the end of the year, a …

The number of people in extreme poverty around the world could rise beyond 1 billion as a result of the Covid-19 crisis, new analysis has suggested. Figures from the World Bank suggest that 736 million people currently live in destitution, surviving on less than $1.90 a day (£1.53). But in …

Nearly 49 million more people are likely to fall into extreme poverty this year due to the COVID-19 crisis and every percentage point drop in the global GDP would mean hundreds of thousands of additional children will have stunted growth, UN chief Antonio Guterres has warned, calling on countries to …

US-based economists Abhijit Banerjee, Esther Duflo, and Michael Kremer have won the 2019 Nobel Economics Prize for their work in fighting poverty that has helped millions of children around the world. French-American Duflo becomes only the second female economics winner in the prize’s 50-year history, as well as the youngest …