Tuesday, January 18, 2005

World can end poverty by 2025

The New York Times fronts and the Washington Post stuffs the U.N. report concluding that rich countries can meet their promise to halve extreme global poverty if they increase their international aid to about half of one percent of GDP, up from the current average of .25 percent. The difference would be about $50 billion annually and could save millions of lives. Currently, 500 million people live on less than a dollar a day. Nations have not met their pledges to world's poor; the U.S. currently clocks in at about .15 percent, last among rich nations.

Report: World can end poverty by 2025
Experts say richest nations would need to double