US-based economists Abhijit Banerjee, Esther Duflo from MIT, and Michael Kremer. Harvard University, won the 2019 Nobel Economics Prize on Monday for work in fighting global poverty that has helped millions of children by favoring practical steps over theory.
Newly-installed World Bank President David Malpass spent his first day at the global lender on Tuesday hammering home the message that the most urgent issue facing the bank is addressing global poverty. President Donald Trump's controversial pick to lead the bank appeared eager to distance himself from his past attacks on the institution and stressed the support he has received from developing nations and from staff.
The United Nations marked on Monday July 11, World Population Day, with Secretary-General Ban Ki-moon stressing that ending global poverty and inequality was the key to unleashing the great human potential for prosperity and peaceful coexistence.