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

San Miguel Christmas caravan

San Miguel Christmas caravan to tour neighborhoods Saturday

Firefighters and paramedics team with The Mob Wagen for a Dec. 20 caravan through San...
Mexican deportations count

Mexican deportations count hits 145,537 in 2025

Segob says 145,537 Mexicans were deported from the U.S. since Jan. 20, and nearly 100,000...
RESET New Year party

Cancún announces RESET New Year party on the beach

RESET lands in Cancún’s Hotel Zone on Dec. 31 with beachfront DJs, VIP tables, and...
Buen Provecho in Mexico

Buen Provecho in Mexico: Why It Matters at the Table

In Mexico, “buen provecho” isn’t small talk. It’s a quick way to show respect, share...