Tag Archives: poverty

UNCTAD: Debt warning lights flash for poorest countries, experts say

Top economists from UNCTAD and the International Monetary Fund agree it’s time to sound the alarm on rising public debt in many low-income countries but disagree on how loudly the bell should be rung.

Finland | Ombudsman: Urgent action needed to tackle child poverty in Finland

Children’s Ombudsman Tuomas Kurttila is calling on the government to take urgent action to eliminate child poverty in the country.

“Decision-makers cannot wait for the next legislative term. Government must outline concrete measures to reduce poverty. Poverty is costly for society. Children’s poverty is especially so. We cannot afford it,” Kurttila said in a statement released Friday.

USA | Extreme Poverty in the US Is A Political Choice of the Powerful

In December last year, United Nations Special Rapporteur on extreme poverty and human rights, Professor Philip Alston, issued a statement on his 15-day fact-finding mission of some of the US’s poorest neighbourhoods.   Alston, author of the quoted phrase in the subtitle above, is an Australian who is professor of law at New York University.  During his mission he visited Alabama, California, West Virginia, Texas, Washington DC, and Puerto Rico.

UN agency sets ambitious target to reduce hunger and poverty for millions worldwide

Amid a global rise in hunger and poverty on back of the impacts of climate change and conflict, the United Nations rural development agency today announced an ambitious target to generate resources to fund loans and grants to enable millions in developing countries strengthen their food security and livelihoods.

USA | In the U.S. 49.7 Million Are Poor, and 80% of the Total Population Is Near Poverty

November 2013

If you live in the United States, there is a good chance that you are now living in poverty or near poverty. Nearly 50 million Americans, (49.7 Million), are living below the poverty line, with 80% of the entire U.S. population living near poverty or below it.

 That near poverty statistic is perhaps more startling than the 50 million Americans below the poverty line, because it translates to a full 80% of the population struggling with joblessness, near-poverty or reliance on government assistance to help make ends meet.

In September, the Associated Press pointed to survey data that told of an increasingly widening gap between rich and poor, as well as the loss of good-paying manufacturing jobs that used to provide opportunities for the “Working Class” to explain an increasing trend towards poverty in the U.S.

 But the numbers of those below the poverty line does not merely reflect the number of jobless Americans. Instead, according to a revised census measure released Wednesday, the number – 3 million higher than what the official government numbers imagine – are also due to out-of-pocket medical costs and work-related expenses.
The new measure is generally “considered more reliable by social scientists because it factors in living expenses as well as the effects of government aid, such as food stamps and tax credits,” according to Hope Yen reporting for the Associated Press.

Some other findings revealed that food stamps helped 5 million people barely reach above the poverty line. That means that the actual poverty rate is even higher, as without such aid, poverty rate would rise from 16 percent to 17.6 percent.