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Coronavirus update: Study says more than 1 billion to be living in poverty

Byindianadmin

Jun 13, 2020 #Living, #poverty
Coronavirus update: Study says more than 1 billion to be living in poverty

Global poverty is set to rise above 1 billion people once again as a result of the coronavirus pandemic, which is reducing the income of the world’s poorest by $US500 million ($727 million) a day.

Meanwhile tensions flare at the India/Nepal border over movement restrictions, resulting in two people being shot dead.

This story was last updated at 1: 30am Saturday morning

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Global poverty to surge over 1 billion due to coronavirus, study says

Indian passengers on a bus wear face masks, with signs on every second featuring a

Asian countries including India are considered particularly vulnerable to the pandemic’s economic impacts.(AP: Ajit Solanki)

Global poverty is set to rise above 1 billion people once again as a result of the coronavirus pandemic, which is reducing the income of the world’s poorest by $US500 million ($727 million) a day, according to new research.

The study by King’s College London and the Australian National University points to poverty increasing dramatically in middle-income developing countries, where millions of people live just above the poverty line.

Asian countries such as Bangladesh, India, Indonesia, Pakistan and the Philippines are considered to be particularly vulnerable to the pandemic’s economic shockwaves, with lo

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