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

Data-center real estate is surging but still looks solid

Data-center real estate in Mexico is surging but still looks solid

JLL says data-center real estate is expanding quickly, but high occupancy, strong pre-leasing and power...
Princess Drops Three Puerto Vallarta Calls This Week

Princess Drops Three Puerto Vallarta Calls This Week

Princess Cruises dropped three Puerto Vallarta calls this week, cutting March arrivals to 11 and...
puerto vallarta beach

Puerto Vallarta warns beachgoers over mar de fondo

Puerto Vallarta issued a preventive beach alert as possible mar de fondo could bring stronger...
Gala Vallarta-Riviera Nayarit opens in Puerto Vallarta

Gala Vallarta-Riviera Nayarit opens in Puerto Vallarta

Gala Vallarta-Riviera Nayarit opened in Puerto Vallarta, launching three days of tourism deals, promotion and...