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    Wednesday, April 25, 2007

    World Bank: Less Than A Billion Now Live On Less Than a $1 A Day

    One - The Campaign to make poverty History

    According to new reports from the World Bank, approximately 985 million people around the world now live on less than $1 day, down from an estimated 1.25 billion on 1990.

    Extreme poverty is often defined as living on less than $1 a day and the "over a billion" figure has found a home on many ONE Campaign materials.

    Find ONE's updated fact sheets here.


    Anonymous said...

    Wow I'm crass.
    My first thoughts were on the long term devaluation of the dollar.

    Anonymous said...

    Unfortunately I think (as the person above) that this is more a reflection of the dollars relative value than any real progress in the land of the poor. We have 1% or less of the worlds population getting incredibly rich. The rest of us are including what used to be the safe middle classes are being undermined. The means being inflation and asset bubbles for the middle classes and plain old fashioned exploitation via the World Bank of the poor and less developed countries of this world.

    Sooner or later it will get ugly.

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