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Extreme poverty rising for first time since 1998, World Bank report warns

BUSINESS DAILY
BUSINESS DAILY © FRANCE 24
9 min

Extreme poverty is rising across the globe for the first time in over two decades. The World Bank says 150 million people are facing extreme poverty, as the coronavirus pandemic continues to spread. The report's lead author, Carolina Sánchez-Páramo, tells FRANCE 24 about the new poor and widening inequality. 

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