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Posts Tagged ‘Poverty’

Economic Shock Could Throw 900 Million People Into Poverty, IMF Study Warns

Posted by Ram Kumar Shrestha on April 6, 2013

By 

Hundreds of millions of people worldwide are on the brink of poverty.

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A recent study by the International Monetary Fund warns that as many as 900 million people could fall back into poverty in the event of an economic shock like the Great Recession. That figure is three times the size of the U.S. population. Read the rest of this entry »

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Hunger And Homelessness Rise In U.S. Cities: Report

Posted by Ram Kumar Shrestha on December 21, 2012

By Susan Heavey and Lisa Lambert and Lucia Mutikani

People passing a homeless man begging for money, London.

WASHINGTON, Dec 20 (Reuters) – Across the United States, the number of hungry and homeless people is growing, and budget fights at the federal level are threatening the aid many need to survive, the U.S. Conference of Mayors said on Thursday.

Amidst the holiday season of family feasts and corporate dinners, the mayors released a report that found requests for emergency food assistance rose in 21 out of the 25 cities it surveyed in 2012 and remained at the same level in three. More than half the cities said homelessness increased.

“This report is a stark reminder of the long-lasting impact the recession has had on many of our citizens,” Greg Fischer, mayor of Louisville, Kentucky, said in a statement. “Families, who once lived in middle class homes, now find themselves without a roof over their heads, needing multiple social services for the first time in their lives.” Read the rest of this entry »

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America’s Poorest Neighborhoods Lost 91 Percent Of Their Wealth During The Great Recession: Report

Posted by Ram Kumar Shrestha on November 15, 2012


Comment: One Nepali poet wrote, “God, kindly give me more trouble if you really love me”

Families living in poor neighborhoods lost almost everything during the Great Recession, potentially making it more difficult for them to gain a better life in the future, according to a recent report.

Households living in high-poverty neighborhoods saw a 91 percent decline in their overall wealth over the course of the downturn, according to a recent report from the Pew Charitable Trusts. Though low-income families lost less than their richer counterparts in terms of absolute value during the recession, their loss of wealth was much more extreme as a proportion of their total assets: households in high-poverty neighborhoods saw their net worth drop to $3,000 in 2009 from $32,000 in 2007, Diana Elliott, research manager of Pew’s Economic Mobility Project, told The Huffington Post.

This wealth drop among low-income families could prevent already struggling households from moving up the economic ladder.

“This could have a potential long-term impact upon economic mobility,” Elliott said. Read the rest of this entry »

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Educating the World – No More Excuses

Posted by Ram Kumar Shrestha on September 29, 2012

By Gordon Brown, Former Prime Minister of the United Kingdom; UN Special Envoy for Global Education

This September, five and six year olds in the western world have enjoyed their first day at school. In the developing world, however, a total of 61 million school-age girls and boys around the world will not go to primary school at all.

While if you visited the classrooms of New York, London or Paris you would find happy young children beginning their educational journey, if you visit the mining regions of Mali, West Africa, you’ll find children as young as 10 working in tunnels 30 meters underground. Visit the cocoa growing areas of neighboring Côte d’Ivoire and you’ll see young boys of primary school age working with machetes.

This tragic picture of child labor repeats itself across the developing world: new figures show that 91 million girls and boys are currently engaged in child labor. On current trends, there will be as many as 170 million child laborers in 2020, who, instead of acquiring the basic literacy and numeracy skills that we in the western world often take for granted, are engaged in grueling and often dangerous work.

In Africa alone, the number of children aged between five and 14 involved in child labor is projected to increase by some 19 million. Growing numbers of children forced into the workplace, and so denied the opportunity to prosper in the classroom. This endless cycle of poverty begetting poverty through lack of opportunity is ready to repeat itself if nothing is done.

Contrast this with the western world, where education has taken its rightful place amongst the priorities of government, with centuries of investment in teaching and infrastructure. In ten years’ time, 800 million of the world’s citizens, primarily in wealthy countries, are set to have university degrees. Read the rest of this entry »

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U.S. Poverty On Track To Rise To Highest Since 1960s

Posted by Ram Kumar Shrestha on July 23, 2012

COMMUNITY PUNDITS

Wow, who could have predicted that if you destroy Unions, shift the burden of government onto the working class from the upper class, and destroy the safety net for the poor that poverty would rise?
It must be a coincidence that when we moved all our decent paying manufacturing jobs overseas and replaced them with low paying service jobs that people aren’t making as much money. Just coincidence that when you destroy the power of unions that we pass treaties that send good jobs away.
 By HOPE YEN

WASHINGTON — The ranks of America’s poor are on track to climb to levels unseen in nearly half a century, erasing gains from the war on poverty in the 1960s amid a weak economy and fraying government safety net.

Census figures for 2011 will be released this fall in the critical weeks ahead of the November elections.

The Associated Press surveyed more than a dozen economists, think tanks and academics, both nonpartisan and those with known liberal or conservative leanings, and found a broad consensus: The official poverty rate will rise from 15.1 percent in 2010, climbing as high as 15.7 percent. Several predicted a more modest gain, but even a 0.1 percentage point increase would put poverty at the highest level since 1965.

Poverty is spreading at record levels across many groups, from underemployed workers and suburban families to the poorest poor. More discouraged workers are giving up on the job market, leaving them vulnerable as unemployment aid begins to run out. Suburbs are seeing increases in poverty, including in such political battlegrounds as Colorado, Florida and Nevada, where voters are coping with a new norm of living hand to mouth. Read the rest of this entry »

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Why India Is Still One of the Most Dangerous Places to Give Birth

Posted by Ram Kumar Shrestha on June 10, 2012

India’s economy may be booming, but when it comes to providing adequate health care to pregnant women, the country is falling behind even its poorer neighbors.
ROBERTO SCHMIDT / AFP / Getty Images

ROBERTO SCHMIDT / AFP / GETTY IMAGES
A new born baby sleeps in the arms of her mother at a Community Health Center in Mall, near the central east Indian city of Lucknow on October 31, 2011.

In March, Preeti Singh almost died giving birth. The 22-year-old resident of a village about a half hour’s drive from New Delhi was pregnant with twins and planned to give birth with the help of an untrained midwife. When things went wrong during the delivery, she rushed to three government hospitals in search of help before her family decided to take out a loan for $1,000 to send her to a private hospital. Preeti and one of the twins survived. “Giving birth is not easy,” she said. “But maybe if I was taken to a hospital to give birth or a competent dai (midwife) was there, it would not have been so traumatic and my other child would have been saved.”

Indeed, with basic maternity care, many lives in India would be saved. According to a 2010 study by the Harvard School of Public Health, 150,000 deaths could be prevented by 2015 if Indian women had access to better family planning and health care during their pregnancies and deliveries. But that medical help has yet to arrive. A new report by Save the Children suggests that, despite India’s booming economy, the country is still one of the most high-risk places in the world to give birth. It ranked India as the fourth-worst country among 80 less-developed nations in its survey, with nearly half of all births taking place without a trained health professional. “Even though India has made efforts to improve maternal health by encouraging institutional deliveries and taking other measures,” says Thomas Chandy, the head of Save the Children India, “the benefits have not yet appeared to bring about a shift.”  Read the rest of this entry »

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U.S. Child Poverty Second Highest Among Developed Nations: Report

Posted by Ram Kumar Shrestha on May 31, 2012

By Saki Knafo

Child Poverty

Can government spending lift poor children from poverty?

A new report from UNICEF suggests it’s possible. The latest edition of UNICEF’sreport on child poverty in developed countries found that 30 million children in 35 of the world’s richest countries live in poverty. Among those countries, the United States ranks second on the scale of what economists call “relative child poverty” — above Latvia, Bulgaria, Spain, Greece, and 29 others. Only Romania ranks higher, with 25.5 percent of its children living in poverty, compared with 23.1 percent in the U.S.

The term “relative child poverty” refers to a child living in a household where the disposable income is less than half of the national median income. Many critics arguethat relative poverty isn’t the same as real hardship, or absolute poverty.

But the report brushes that away. Poverty is “essentially a relative concept,” it says. For example, a little more than a century ago, the wealthiest people in the world didn’t have cars. It concedes, however, that the measurement has some weaknesses. First, a child’s well-being doesn’t always correspond to the parents’ income. Second, comparing the relative poverty rates of various countries doesn’t make sense unless the countries have similar median incomes.

Because of these weaknesses the report considers “child deprivation.” To measure this, researchers produced a list of 14 items found in most middle-class households and counted the number of children whose families couldn’t afford them. The list included Internet connection, new clothes, three daily meals, two pairs of properly fitting shoes, and “the opportunity, from time to time, to invite friends home to play and eat.” Read the rest of this entry »

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Antilia: Inside Mukesh Ambani’s 27-Story Mumbai Residence, The World’s First $1 Billion Home (PHOTOS)

Posted by Ram Kumar Shrestha on May 19, 2012

By Mark Hanrahan

Antilla Mukesh Ambani Billion Home

The first pictures showing the interior of what is believed to be the world’s most expensive residence have been made public in Vanity Fair magazine.

The home, which is called Antilia after a mythical island, is located in Mumbai, India. Owned by Reliance Industries chairman Mukesh Ambani, the residence boasts 400,000 square feet, three helicopter pads, underground parking for 160 cars, and requires a staff of 600 to run.

Though the building is 27 storys tall, BBC News notes that many of the floors are double- or triple-height, so the building rises to 570 feet — the equivalent of a 40-story structure.

The house is reported to be worth more that $1 billion, which will not affect Ambani’s bank balance too significantly. The energy magnate is one of the top 5 richest men in the world, and is said to be worth approximately $29 billion, according to Forbesmagazine. Read the rest of this entry »

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Camila Batmanghelidjh: I’ve Seen Kids So Malnourished They’ve Lost Their Teeth

Posted by Ram Kumar Shrestha on April 27, 2012

Camila Batmanghelidjh

Camila Batmanghelidjh isn’t angry that children are starving in London. She’s lethal.

“It makes me determined to do something about it,” she tells The Huffington Post UK. “Anger is waiting for someone else to do something. I tend to just become lethal, decide that something needs to be done and do it.”

The 49-year-old colourful charity boss is armed with statistics, and barbs at the government who she claims listen but “ultimately, they don’t care.”

Every day, she says, children in London are going without food as poverty in the capital increases. She’s seen children who are so malnourished they lose teeth, children so hungry who draw pictures of food and eat them, who scrimp and scrape to get their main meal of the day.

Her charity Kids Company are currently helping 2,000 children who otherwise would go without their main meal of the day, with around 70 new cases coming in for help each week. “I raise the alarm all the time in relation to government and these children,” Batmanghelidjh says. “They are very cordial but ultimately, really, they don’t care because these kids don’t vote.”

Is she saying David Cameron doesn’t care about starving children? “It’s not within his visceral experience. He doesn’t see it. When you are in Downing Street it’s very hard to get close to the experience of a child who literally has no food or is sitting in the dark, or… It’s not just his [background] I think often the political classes are not close to the experience of children surviving their childhood. It’s because of that that they make mindless decisions.” Read the rest of this entry »

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Winter’s First Frost Marks Start Of Difficult Choices For London’s Poorest Families

Posted by Ram Kumar Shrestha on October 20, 2011


Why suddenly lots of problems in UK? Lots of companies and shops closing down everyday, job cut, unemployme­nt increase, price rise. How people cope?
Read the Article at HuffingtonPost

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World Population: Challenges Loom As Global Populace Reaches 7 Billion

Posted by Ram Kumar Shrestha on October 17, 2011


That challenge will also be challenged by world leaders. For them this is not a problem. For them how to stick on the chair is the problem. What’s happening in the world, that is due to the chair game.
Read the Article at HuffingtonPost

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Poverty Rate Report: The Day The Media Cared About The Poor

Posted by Ram Kumar Shrestha on September 17, 2010


In capitalism all are equal but some are more equal. In socialism all are considered equal and some are more equal. Anyway poor rate seems to be increased in any case.
Read the Article at HuffingtonPost

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UN Vows to Make Voices of Poorest Heard at G20 Summit

Posted by Ram Kumar Shrestha on June 26, 2010

It could be better if optimism could not be optimism forever.
Read the Article at HuffingtonPost

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