Puerto Vallarta News

Puerto Vallarta News

Global poverty rate drops to record low 10 pct.

World Bank: Global poverty rate drops to record low 10 pct.

The World Bank said Wednesday that 10 percent of the world’s population lived on less than $1.90 a day in 2015 — the last year for which numbers were available — down from 11.2 percent in 2013. That means 735.9 million people lived below the poverty threshold in 2015, down by 68.3 million from 804.2 million two years earlier.

Still, the bank warned that the pace of poverty reduction has slowed, jeopardizing its goal of reducing the poverty rate to 3 percent by 2030.

Poverty dropped everywhere but the Middle East and North Africa, where conflicts . . .

Read Full Story

Related Posts

7 Experience-Driven Luxury Travel Trends for 2026 in Mexico

7 Experience-Driven Luxury Travel Trends for 2026 in Mexico

Luxury travel in 2026 is about niche experiences – from sports trips to wellness retreats...
Inside Los Mayos Armed Wings of Sinaloa Cartel

Inside Los Mayos Armed Wings of Sinaloa Cartel

Enforcers of the Sinaloa Cartel’s “Los Mayos” faction reveal a hidden hierarchy. These armed wings...
San Miguel de Allende weighs Casa Europa hub proposal

San Miguel de Allende weighs Casa Europa hub proposal

San Miguel de Allende considers an extended loan for Casa Europa. The aim is a...
Mexico, Canada Plan Trade Boost with Security Component

Mexico, Canada Plan Trade Boost with Security Component

Mexico and Canada are developing a bilateral action plan to boost trade and investment, with...