Tag: Economy

The impact of global financial crisis is going to hit the poor harder than other people. They are going to face problems of hunger, sicker, and unemployment due to the present global financial crisis. And this time the developed nations may not come to rescue because they themselves have major troubles to deal with. The cut-backs on charities from the richer nations have already started. Some poor countries of Africa, Latin America and Asia which …

Poor Struggle More Due To Financial Crisis Read More

Do you know that two-fifths of Africa’s population still live on less than $1 a day, the continent has 12 percent of the world’s population but accounts for just 1 percent of global gross domestic product, and its volume of external trade represents just 2 percent of global trade. And there are much more things about the poverty of Africa. Our UN secretary-General Ban Ki-Moon said that the situations have gone worst after the global …

World’s Rich Nations To Rescue Africa Read More