Aid agencies are scrambling to get oxygen equipment to low-income countries where the coronavirus is rapidly spreading.
Tag: Poverty
Lebanon’s Economic Crisis Explodes, Threatening Decades of Prosperity
Bad planning, corruption and the sudden shock of a pandemic have caused the Lebanese currency to crash and consumer prices to jump. Hunger looms.
Millions Had Risen Out of Poverty. Coronavirus Is Pulling Them Back.
Experts say that for the first time since 1998, global poverty will increase. At least a half billion people could slip into destitution by the end of the year.
‘Instead of Coronavirus, the Hunger Will Kill Us.’ A Global Food Crisis Looms.
The world has never faced a hunger emergency like this, experts say. It could double the number of people facing acute hunger to 265 million by the end of this year.
For Southern Italy, the Coronavirus Becomes a War on 2 Fronts
As it confronts the ravages of the virus, Italy’s less developed south also faces economic carnage not seen since just after World War II, with the poor turning to handouts.
Microloans, Seen as Salvation for Poor Women, Trap Many in Debt
In Jordan, an unregulated microloan industry offers easy money. But with no way to repay loans, many women end up buried in debt, or in prison.
In Slum at Epicenter of Duterte’s Drug Crackdown, Fear and Love Coexist
At the height of President Rodrigo Duterte’s anti-crime campaign, as many as five people a night were killed in Market Three, a Manila slum whose residents rely only on one another.
‘I Can’t Stop’: In Vast Informal Economy, Pandemic Adds to Pressure
Many workers in Latin America labor without protections, surviving day to day, making them especially vulnerable to the coronavirus.
As Coronavirus Deepens Inequality, Inequality Worsens Its Spread
The pandemic is widening social and economic divisions that also make the virus deadlier, a self-reinforcing cycle that experts warn could have consequences for years to come.
How U.S. Firms Helped Africa’s Richest Woman Exploit Her Country’s Wealth
Isabel dos Santos, the daughter of Angola’s former president, built an empire in a country mired in corruption. Western consultants were her advisers.