Tag: poverty

• Tuesday, April 1st 2025 - 10:52 UTC

  Milei celebrates official figures showing a decline in poverty

  

  Argentine President Javier Milei Monday boasted his administration's achievement of lowering poverty from 52.9% in the first semester of 2024 to 38.1% by the end of the year, compared to 41.7% at the end of 2023. Indigence (extreme poverty) also decreased to 8.2% from higher levels earlier in the year, according to a report released Monday by the National Institute of Statistics and Census (Indec).

• Tuesday, July 9th 2024 - 10:08 UTC

  Unfair taxation in LatAm and Caribbean hits the poorest harder

  

  A study released last week by Oxfam, a global movement seeking to end the injustice of poverty, found that the two wealthiest men in Latin America and the Caribbean owned more than 334 million others in the region.

• Saturday, July 6th 2024 - 10:25 UTC

  Argentines fairing worse off under Milei, study finds

  

  Studies published this week corroborate that Argentines are fairing worse off under President Javier Milei, with people sinking into poverty despite having formal jobs which showed in a dwindling consumption of red meat, among other items, in a country that used to top the world's lists.

• Wednesday, June 26th 2024 - 10:51 UTC

  Milei's alleged success under questioning from studies measuring people's reality

  

  While Argentine President Javier Milei tours the world boasting his administration's success in curbing inflation, local reports underscore deteriorating living conditions for most people in his country which seems to be heading for hyper-recession.

• Monday, November 13th 2023 - 10:55 UTC

  Private researchers underscore Paraguay's economic progress

  

  Private economic studies published recently showed Paraguay was on an upward trajectory. According to Banco Itaú, the South American country's economic activity expanded in the second quarter of 2023 following the normalization of agricultural production after a severe drought last year. In this scenario, the Gross Domestic Product (GDP) growth projection for the end of the year remained at 5.6%, the research showed.

• Monday, May 8th 2023 - 10:21 UTC

  Brazil: Millions could fall into poverty unless proper investing is done

  

  Millions of Brazilians could be thrown into extreme poverty in the next few years due to weather-related phenomena, a report released last week by the World Bank showed.

• Friday, March 31st 2023 - 09:31 UTC

  Argentina's poverty indexes on the rise

  

  Argentina's National Institute of Statistics and Census (Indec) Thursday released a study showing that 39.2% of the South American country's economically active population was living in poverty in the second half of 2022, an increase from the 37.3% recorded during the same period of 2021

• Tuesday, March 28th 2023 - 11:36 UTC

  Poverty in Uruguay down to 9.9% in 2022

  

  According to Uruguay's National Statistics Institute (INE), the number of people under the poverty line reached 9.9% of the population in 2022, an improvement from 2021's 10.6%, it was reported in Montevideo.

• Saturday, November 26th 2022 - 21:31 UTC

  Poverty in Latin America affects 32% of the total population; 28% don't study or have paid jobs, ECLAC report

  

  In Latin America and the Caribbean some 200 million people live in poverty, with 82 million in extreme poverty, points out a report from the UN Economic Commission for the region, ECLAC. The numbers are equivalent to 32,1% and 13,1% of the total population and need to be urgently addressed to avert the risk of a lost generation.

• Friday, October 7th 2022 - 09:53 UTC

  Latin American economies at pre-pandemic levels but GDPs hide much poverty and inequality

  

  “Latin American and Caribbean economies have recovered their pre-pandemic levels and the region recovered certain feeling of normality, although the overall economy must rebuild to avoid a new cycle of low growth,” points out the latest from the World Bank under the heading of “New approaches to closing the Fiscal Gap.”