More than 20 million people were pushed into poverty during pandemic-plagued 2020 across Latin America and the Caribbean, the U.N. economic agency for the region announced this week.
China's President Xi Jinping officially declared Thursday that the country has completed its arduous task of eradicating extreme poverty, saying 98.99 million people have been lifted out of poverty over the past eight years.
After greeting his cabinet, Venezuelan President Nicolas Maduro said on Tuesday “we are back” to the legislative body that he did not attend in 4 years, a period in which the opposition-controlled the National Assembly. In a special session of a parliament now controlled by chavismo, Maduro offered his first annual message in four years. Among the figures he gave during his speech, the poverty indicators managed by the State standout: 4% of extreme poverty and 17% of “general” poverty.
The president of the Argentine bishops’ conference called on lawmakers to “reflect” as they prepare to debate a bill that would legalize abortion in the South American country.
Some 18 million people, 44,2% of the Argentine population live in poverty conditions, and indigence trapped 10,1%, during the third quarter of 2020, according to the Argentina Catholic University Social Debt Observatory.
Countries of Latin America and the Caribbean must continue to ratchet up stimulus to beat back the devastating economic impacts of the coronavirus pandemic, the UN agency ECLAC said in a report issued this week.
Many people in Brazil are struggling to cope with less pandemic aid from the government and jumping food prices, with millions expected to slip back into poverty. Brazil’s government, starting this month, halved the amount of its monthly emergency cash transfers to help Brazil’s poor withstand the hardship of the economic meltdown, down to 300 reais (US$54).
Nearly half of Argentina’s population was living in poverty in the second quarter, a sharp increase from last year, as the country’s longstanding economic crisis deepened due to the coronavirus pandemic, researchers estimated on Wednesday.
The global pandemic has hammered Argentina's economy, which is now expected to shrink around 12% this year, driving millions into poverty and leaving almost six out of every 10 children and adolescents below the poverty line, United Nations data show.
Middle classes in Chile are going through a complicated moment, with many slipping into poverty as long-established inequality was increased by the coronavirus pandemic and overall slowdown of the economy.