TV News LIES

Friday, Oct 24th

Last update02:53:07 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...


Why There's a Real Chance My Texas Town Might Ban Fracking

Banning frackingI live on Denton Street, in Denton, Texas, in Denton County, so I know a thing...

British fracking plans delayed by county council

British fracking plans delayedPlanners in the British county of Lancashire said they needed more time to consider drilling plans...

Loaded with Lead: Washington state shooting range poisoned dozens

shooting rangeIn a cramped hotel room on Christmas Eve, a pale and hollow-eyed man embraced his two...

Orca Whale Calf Born to Endangered Pod May Have Died in Open Ocean

baby oca deadThe largest members of the dolphin family, orcas are highly social and intelligent marine mammals that...
 
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!