Around 1 in 5 children today are living in extreme poverty, according to new World Bank-UNICEF research. In 2024, an estimated 412 million children aged 17 or younger were residing in households ...

About 700 million people—or 8.5 percent of the global population—live in extreme poverty on less than $2.15 a day, a World Bank report has said. The bank also added that around 3.5 billion people live ...

[00:00] - Those at the bottom of the income distribution, the poorest and the most vulnerable, have to be also more proactively engaged in that process of economic growth and benefiting from it. - ...

World Bank lending to China peaked at $2.42 billion in 2017, but has fallen since then, reducing to $750 million in 2025.

Impoverished countries do not have much in common. Half the population of Niger, a landlocked African nation beset by military coups, live in extreme poverty, eight in ten people have no access to ...

Poverty has risen steeply in Nigeria even as Africa’s most—populous country undertakes reforms designed to deliver economic growth, according to a new report from the World Bank. The number of ...

Beginning in late 2020, with the COVID-19 pandemic in full swing, the mobile phones of tens of thousands of impoverished villagers in Togo pinged with good news. Their money was ready. With the help ...

The new “Global Justice Report” by the World Inequality Lab in France — which calls for caps on economic growth in rich countries, top income-tax rates of 90% and a World Sovereign Fund to ...