EMerging Equity
Poverty
47 Percent Of Americans Cannot Even Come Up With $400 To Cover An Emergency Room Visit
By Michael Snyder If you had to make a sudden visit to the emergency room, would you have enough money to pay for it without selling something or borrowing the funds from somewhere? Most Americans may not realize this, but this is something that the Federal Reserve has actually been tracking for several years now. … Continue reading
Africa: The Welfare Conundrum
By Anzetse Were As African economies continue to grow and become richer than they have been in modern history, the question of government providing social security or welfare nets for the especially poor and marginalised becomes important. Poverty levels are still dire on the continent; the number of Africans living in extreme poverty, defined as … Continue reading
UN Worried About Brazil As Poverty Seen Rising In Latin America
The U.N. said on Tuesday that it was worried about the impact of recent events in Brazil on the country’s ability to continue fighting poverty and its democratic stability, as it forecast that poverty likely rose in Latin America in 2015. Brazil has been hit by the worst recession in decades and the administration of … Continue reading
The Importance Of Africa’s Informal Economy
By Anzetse Were It is well known that in Africa there exist two types of economies: the formal and the informal. Often the general assumption is that the formal economy is the more important of the two, and often it is the formal sector which gains attention in terms of policy formulation, development strategies and … Continue reading
12 Ways The U.S. Economy Is In Worse Shape Than It Was During The Last Financial Crisis
By Michael Snyder Did you know that the percentage of children in the United States that are living in poverty is actually significantly higher than it was back in 2008? When I write about an “economic collapse”, most people think of a collapse of the financial markets. And without a doubt, one is coming very … Continue reading
Africa: Blood Diamonds Money
To understand the African diamond trade, you have to know how and why diamonds are exploited in parts of Africa, as well as where this has been and continues to be a problem. Experts claim that the illegal sale of blood diamonds has produced billions of dollars to fund civil wars and other conflicts in … Continue reading
Poverty Hits 48.4% Of Households In Venezuela
A survey compiled by UCAB (Andrés Bello University), UCV (Central University of Venezuela), and USB (Simón Bolívar University) shows that the Venezuelan economic crisis, dominated by galloping inflation, was harsher on the most vulnerable sectors of the country last year. A survey found that 1.7 million households live in extreme poverty conditions. By EL UNIVERSAL … Continue reading
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