Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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

Garbage collection workers halt service in Puerto Vallarta

Garbage collection workers halt service in Puerto Vallarta

Puerto Vallarta trash workers briefly halted service over labor complaints, adding pressure to the city’s...
Puerto Vallarta Restaurants Chase Michelin Recognition

Puerto Vallarta Restaurants Chase Michelin Recognition

Puerto Vallarta restaurants could receive Michelin or Bib Gourmand recognition as Jalisco joins the 2026...
Canadian Hells Angels suspect arrested in Cancún police operation

Canadian Hells Angels suspect arrested in Cancún police operation

Canadian fugitive Denis Ivziku was arrested in Cancún in an international case tied to alleged...
San Miguel Wins Global Award for Cleaner City Streets

San Miguel Wins Global Award for Cleaner City Streets

San Miguel de Allende earned the Escoba de Oro for cleaning, recycling and sustainability work...