Monday, 15th August 2022
<To guardian.ng
Search

World Bank warns coronavirus will increase poverty risk

By France24
31 March 2020   |   4:02 pm
The World Bank has warned that almost 24 million more people will remain in poverty this year because of the coronavirus pandemic. In its latest economic forecast, the Bank warned that developing economies in Asia will see sharply lower growth this year, as "significant economic pain" seems unavoidable. Also today, New York's Attorney General has called for an investigation after Amazon sacked a worker in New York who organised a walkout over sanitary conditions at a warehouse in Staten Island.

Related

7 Nov 2021
While it took just over a year for the global COVID death toll to hit 2.5 million, the next 2.5 million deaths were recorded over the past eight months as the highly contagious delta variant spread around the world.
14 Nov 2021
Starting Monday, Austria will ban unvaccinated patrons from entering cafes, restaurants and large events. Meanwhile, Australia has met its 80% vaccination target. DW has the latest.
8 Nov 2021
More than 1,000 people demonstrated in the eastern German city against government coronavirus measures. Meanwhile, a domestic intelligence chief warned the COVID deniers' scene was becoming increasingly radicalized.
9 Nov 2021
Europe has recorded the highest number of COVID-19 infections since the start of the pandemic, followed by Asia. Meanwhile, Germany's incidence rate hit a new record for the second straight day. Follow DW for the latest.
16 Nov 2021
The move is part of measures to hit the brakes on a wave of new COVID infections in Germany. Meanwhile, APEC leaders have agreed to cut tariffs on COVID vaccines. DW has the latest.
20 Nov 2021
Children between the ages of 5 to 11 are now eligible for a vaccine. Meanwhile, Japan's economy contracted for the first time in two quarters because of infections over summer. DW has the latest.
18 Nov 2021
Pharma giants are earning millions every day with COVID vaccines, but leaving poorer nations in the lurch, an activist alliance says. The WHO reports that the delta variant has "outcompeted" others. DW has the latest.
27 Nov 2021
Antibodies tend to decrease about six months after the second shot of a vaccine. Many doctors think that booster shots are the solution, but some researchers are also looking into whether T-cells can help.
22 Nov 2021
Austrians went back into lockdown after fierce protests over the weekend, for a period of at least 10 days and potentially 20. Elswhere, German logged its highest seven-day incidence of the pandemic. DW has the latest.
27 Nov 2021
Germany is deep in the midst of its fourth wave, and many of its European neighbors are no better off. Only in southern Europe is the virus still under control.
26 Nov 2021
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the benchmark interest rate (MPR) at 11.5%, whilst keeping all other monetary parameters constant.
25 Nov 2021
Kenyan police stormed an attempted bank robbery in the western city of Kisumu, with officers spending several hours in a gunfight with the robbers, a senior government official said.