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 Kremlin press secretary has said he cannot understand a survey that shows that Russians struggle to afford new shoes. Dmitry Peskov was commenting on a report by state statistics agency Rosstat.
A record 2.9 million children from working families in the UK are living in poverty after housing costs have been paid, the latest figures show. This means 70% of all poor children were in working families last year, up from 67% on the previous year, official statistics show.
The number of slums in Chile, one of Latin America’s most prosperous and stable economies, has nearly doubled since 2011, the government said, as an influx of migrants increasingly faces a lack of low-income housing and rising rents.
The number of people living in poverty in Brazil grew by two million last year in the wake of the country's worst recession on record, according to the government statistics bureau.
The flier began circulating on social media in Honduras this month, showing a lone migrant sketched against a bright red backdrop. It was a call to join a caravan, the work of leftist activists and politicians who had helped lead migrants north in the past. But they also tossed a political spark into the mix, blaming their right-wing government for the exodus: “The violence and poverty is expelling us.”
Whoever wins Brazil’s presidential election on October 7, and the runoff on October 28, will have to convince markets, implement austerity measures while trying to drag millions people out of poverty.
About 1.2 billion children face severe risks from conflict, poverty or sexual discrimination, said Save the Children rights organization in a report published on Wednesday. The main threats to childhood are child labor, exclusion from education, early pregnancy and child marriage, with conflict often inflating the risks.
Its forecast that 24 million new posts “will be created globally by 2030”, contains the caveat that “the right policies to promote a greener economy” must also be in place for this to happen, along with better social safety nets for workers.
The gap between the super rich and the rest of the world widened last year as wealth continued to be owned by a small minority, Oxfam has claimed. Some 82% of money generated last year went to the richest 1% of the global population while the poorest half saw no increase at all, the charity said.