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

Los Cabos earthquake preparedness

Earthquakes Today: Mexico recorded more Pacific seismic activity

A 4.2-magnitude earthquake struck far west of Puerto Vallarta early Thursday as Mexico recorded more...
Puerto Vallarta Golf Fundraiser Tees Up Local Causes

Puerto Vallarta Golf Fundraiser Tees Up Local Causes

Puerto Vallarta’s first Hoteles Vallarta Invitational will pair golf and a food market to raise...
SEAPAL Well 17 Repair Boosts Vallarta Water Supply

SEAPAL Well 17 Repair Boosts Vallarta Water Supply

SEAPAL repaired Well 17 in Parque Las Palmas, restoring 22 liters per second to help...
La Desembocada bridge reopens

La Desembocada bridge reopens restoring a key Puerto Vallarta route

Jalisco opened the rebuilt La Desembocada bridge, restoring a key Puerto Vallarta route toward Mascota,...