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Up to 150M could join extreme poor, World Bank says

Up to 150M could join extreme poor, World Bank says

The World Bank has said that up to 150M people could slip into extreme poverty, living on less than $1.90 a day, by late 2021 depending on how badly economies shrink during the COVID-19 pandemic. Middle income-countries, including India, Nigeria and Indonesia, are expected to have 82% of the new extreme poor. Global economic growth is expected to fall the fastest in the past eight decades.

KCooper
KCooper
David O'Doherty
David O'Doherty 2 months

You mean the government restrictions will force those people into poverty. The virus didn't do that!

David
David 2 months

Don't blame the Rona... It's the worldwide BS response to it and ongoing lunacy that is causing poverty.

TexasReb
TexasReb 2 months

Why isn't the entire world seething at China? The media should be beating China like a cheap drum!

kekkeroni
kekkeroni 2 months

This caused by government provided "saftey"

John
John 2 months

Hey, at least the government shutdowns kept us all safe, right?

Srinivas
Srinivas 2 months

Thanks to China world is a better place. Many such contributions in store in the future... Brace for it.

Jax Milovitch
Jax Milovitch 2 months

*lockdowns will

Mocking Moniker
Mocking Moniker 2 months

Yeah, but it was twice as deadly as the flu.

Alex
Alex 2 months

In other news... Worlds billionaires fortunes surge to record highs....

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