-20% World GDP in Second Quarter Forces 500 Million Back into Extreme Poverty

The number of people living in poverty in the world could increase, in comparison to the status quo in 2018, by between 85–135 million under a 5 percent contraction, by between 180–280 million under a 10 percent contraction, and, startlingly, between 420–580 million people under a per capita income or consumption contraction of 20 percent. …

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Technology Progresses While Problems Remain Unsolved

When futurists predict that technology X will be developed, there is a common reply from people who do not know the history of technology. The replies are variations of “Technology X will be developed after we solve Y”. Y can be another technology or a societal problem. Ridiculous to Not Start Getting a Technology Win …

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The Past, Present and Future of Poverty

Bill Gates and the World in Data indicate the extreme poverty below $1.90 PPP per day has massively decreased from 1820 to today. This is one of my favorite infographics. A lot of people underestimate just how much life has improved over the last two centuries: https://t.co/djavT7MaW9 pic.twitter.com/kuII7j4AuW — Bill Gates (@BillGates) January 19, 2019 …

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Bill Gates Described How The World Can and Will Be Better

Bill and Melinda Gates provided their 2019 annual report and describe how they can make the world better over the next few decades. Africa Can Be Fixed and Provide Growth for the World Sub-Saharan Africa has the opportunity to invest in its young people. This will enable Africa to double its share of the global …

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Technological and Societal Innovation is key to beating poverty

Bill Gates the challenge of eliminating extreme poverty, which used to be defined as living on less than a $1.90 per day. The World Bank remains committed to achieving the goal of ending extreme poverty by 2030. Innovation is the key to beating extreme poverty and societal poverty. Progress on agricultural productivity, infrastructure and other …

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Richest man in the world has launched a $2 billion fund to help the homeless

Amazon CEO Jeff Bezos, richest man in the world, and his wife have launched a $2 billion fund to help the homeless. They will create a network of nonprofit preschools in low-income communities. Jeff Bezos ($164 billion) has a higher net worth then Bill Gates ($98 billion) and Mark Zuckerberg ($64 billion) combined. pic.twitter.com/2GlgjztK1u — …

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Kenya will use Alphabet Internet Balloons to provide internet to rural areas

Kenya will use the Alphabet X (Google) Loon high-speed internet balloons to provide internet to its rural population. Google Loon already provided internet to 250,000 people in Puerto Rico after the hurricane last year. There are 51 million people in Kenya but only 14 million are in cities. This means 37 million people are in …

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India and Asia are solving extreme poverty problem but Nigeria and Africa are not

According the Brookings Institute projections, Nigeria has already overtaken India as the country with the largest number of extreme poor in early 2018, and the Democratic Republic of the Congo could soon take over the number 2 spot. Above chart Source: Authors’ estimates based on PovCal (World Bank), World Economic Outlook (IMF); World Population Prospects …

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