According to the Asian Development Bank, 1.5 billion people live below the poverty line, not the “official figure” of 0.5 billion., so the Asian poverty rate is 41.2% not 12.7%. The explanation is that the officially set poverty line of $1.25 a day is too low and by increasing it by 25 cents, to $1.50 …
Continue reading Another billion poor people arrived on earth today.
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