World Bank: Extreme poverty here to stay
10 October 2022 |
3:43 pm
It is unlikely the world can meet the goal of ending extreme poverty by 2030, a World Bank report found. Experts have said COVID-19 ended years of progress while war and higher prices are now making things worse.
Related
15 Feb
Cancer diagnoses are on the rise in Kenya, but with less than a fifth of people enrolled in a national insurance scheme, getting a diagnosis can force families to make huge financial sacrifices. Stigma only makes things worse.
19 Feb
20 Feb
World Bank president David Malpass on Wednesday said he would leave his post by the end of June, months after running afoul of the White House for failing to say whether he accepts the scientific consensus on global warming.
24 Feb
World Bank President David Malpass on Wednesday said he would quit his role before his term ends. Malpass declared this, months after faulting the White House for failing to say whether he accepted the scientific consensus on global warming.
23 Feb
Protesters smashed windows of banks in the Lebanese capital Beirut this past week as the currency hit a new low against the dollar. The Lebanese lira has lost about 97 percent of its value, and more than 80 percent of the population live below the poverty line. Millions of people are struggling to make ends meet amid the financial turmoil.
31 Mar
Lebanon has been drowning in a series of crises since 2019. The economic, banking and political systems are in tailspin and the national currency has lost 98 percent of its value.
14 Apr
Brazilian President Luiz Inacio Lula da Silva has praised the Shanghai-based New Development Bank (NDB) on his trip to China, saying it "frees emerging countries from submission to traditional financial institutions".
17 Apr
The World Bank and International Monetary Fund's Spring Meetings kicked off this week with concerns over high inflation, rising geopolitical tensions, climate change and financial instability. World Bank Senior Managing Director Axel van Trotsenburg told FRANCE 24 that "we need to stay engaged with developing countries.
25 Jun
This week, Paris is aiming to send a message to world leaders that the major issues facing the planet such as extreme poverty and climate change have to be tackled now. The "Power Our Planet" concert on June 22 in front of the Eiffel Tower is being organised by the NGO Global Citizen, an organisation that has already raised over $40 billion worldwide to fight poverty.
22 Jun
French President Macron says no country should have to choose "between reducing poverty and protecting the planet," at a Paris summit to seek ways to tackle debt, poverty and funding green initiatives.
1 Jul
Sri Lanka is deep in crisis and many people are barely able to afford fuel and food. The state lacks the money to help, and it is the poorest who are suffering the most. People like tea picker Nagamma and her family.
12 Jul
Nigeria’s population is growing at an exponential rate. Harnessing the potential of the young is possible if the right measures are taken, experts say. Otherwise, the country's problems could grow more intractable.
Latest
1 hour ago
We look at press reaction in the UK as Rupert Murdoch hands over the reigns to his media empire. In other news: the French media have varying takes on the pope's visit to Marseille. Also, a landmark decision in Brazil sets an important precedent for indigenous rights in the country. Finally, 90 South African schoolchildren are sent to hospital after eating cannabis-infused muffins.
1 hour ago
Aung San Suu Kyi is, for many, the face of the democracy movement in Myanmar. But some are looking beyond the civilian leader.
3 hours ago
Citing declining inflation and a strong rebound in economic activity, Ghana's central bank on Monday (September 25) held its interest rate at 30%.
4 hours ago
EU chief Ursula von der Leyen and Italy's premier Giorgia Meloni have visited a migrant center on Italy's southernmost island after a surge in the number of migrants arriving there.
4 hours ago
German police say 26 officers were among those injured after violence on the sidelines of an Eritrean event in Stuttgart. Tensions run deep within the diaspora over the eastern African nation's polarized politics.
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Saturday.