TV News LIES

Friday, Mar 06th

Last update03:10:17 AM GMT

You are here News Environment Economic crisis hits global poor

Economic crisis hits global poor

E-mail Print PDF

Last year's global slump will 'condemn 53 million more people to extreme povertyThe global financial crisis will condemn about 53 million more people to extreme poverty and contribute to 1.2 million child deaths in the next five years, according to the World Bank and International Monetary Fund (IMF).

More than one billion people, or one-in-six people on the planet, are struggling to meet basic food needs, leading to disease - and ultimately death - in many young children and pregnant women, a report, published on Friday, said.

However, despite these setbacks, the joint reportsaid the overall number of people living on less than $1.25 a day, the definition of "extreme poverty", would fall to 920 million by 2015 compared to 1.8 billion in 1990. This puts emerging nations broadly on track to achieve a United Nations "Millennium Development Goal" of halving 1990 rates of extreme poverty by 2015.

"The financial crisis was a severe external shock that hit poor countries hard," Murilo Portugal, the IMF deputy managing director, said in a statement.

More...


Most Recent Related Stories...


California drought caused by climate change, according to a new study

California droughtAccording to a new study, California's historic drought was caused primarily by climate change.Researchers at Stanford...

Glacial Melting In Antarctica Makes Continent The 'Ground Zero Of Global Climate Change'

AntarcticaFrom the ground in this extreme northern part of Antarctica, spectacularly white and blinding ice seems...

Phenomenal success for new film that criticises China's environmental policy

China pollution videoIt has been compared to Silent Spring, Rachel Carson’s seminal work that shaped US environmental policy....

Antarctica's spectacular glaciers melting faster

Antarctic glaciersFrom the ground of this extreme northern part of Antarctica, a spectacular white and blinding ice...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!