Brazilian Dominican friar Frei Betto considered one of the promoters of the so called Liberation Theology attacked the ruling Brazilian Workers Party because instead of fostering links with social movements prefer to be cosy with big business and their leaders have become consultants of business people and bankers.
The Inter-American Development Bank (IDB) approved a record number of 170 projects in 2010 totaling an estimated 12.9 billion USD, as the IDB continues to boost its efforts to help Latin American and Caribbean combat poverty and inequality, and promote sustainable growth.
The income gap between the richest and poorest in United States grew last year to the widest amount on record as young adults — and children in particular — struggled to stay afloat in the recession.
The Chilean national CASEN Survey revealed last week that even though poverty in the capital Santiago is below the national poverty rate of 15.1%, the city’s poverty levels grew from 10.6 to 11.5% in the last three years.