Yearly Archives: 2024

(FT) US polling places struggle to find workers after surge in threats

Fears of violence have left some US election boards struggling to hire poll workers with less than three weeks to go before Americans vote in November’s presidential election.

Election administrators in battleground states Nevada, Arizona and Wisconsin are still recruiting temporary staff to set up polling equipment, sign in voters and report results, according to Power the Polls, a non-partisan poll worker recruitment group. Officials in Maryland, Ohio and Florida are also still hiring staff for election day.

“The challenge [comes from concerns about] the safety and security of poll workers,” said Isaac Cramer, executive director of the election board in Charleston County, South Carolina. “I know that was a top concern of people who have left.”

Read it all.

Posted in Labor/Labor Unions/Labor Market, Politics in General

(CT) Kate Lucky reviews Nadya Williams’s new book, ‘Mothers, Children, and the Body Politic: Ancient Christianity and the Recovery of Human Dignity’

By Williams’s estimation, our societal disregard for God’s image in mothers and children has a far-reaching impact. It means that we see pregnancy as a sickness to be prevented or solved by means of birth control or abortion. It means we reduce our children’s existence to an “assembly-line life,” obsessing over educational achievement and resisting the reality that “children, like all people, are unpredictable individuals and are not made for the convenience of their parents.” It means we force new moms back to work too early, pitting their careers against their children. 

Mothers, Children, and the Body Politic begins by describing contemporary problems. But disdain for mothers and children, Williams demonstrates, was also characteristic of antiquity. Drawing on myths, literature, and histories from Greek and Roman writers, she describes a past in which women were sexually exploited, infants were left “exposed” on “village dung heaps,” and anyone who couldn’t achieve military victory on the battlefield was a second-class citizen by default. 

It’s Christianity, she argues, that changed all of this—that gave us the human rights we take for granted, that blessed the meek and lowly instead of kowtowing to the powerful. “It is because of two millennia of Christian valuing of human life,” she states forcefully, that “we do not delight in the suffering of the weak.” Both the life of Christ and the writings of the church fathers demonstrate that “the church is responsible for caring for the bodies and souls of the neglected and the abandoned at all ages and life stages, because their lives are priceless.”

Read it all.

Posted in Books, Children, Marriage & Family, Women

(Economist) Inside the secret oil trade that funds Iran’s wars

The Economist has spoken to a range of people with first-hand knowledge of Iran’s oil system. To check and verify what they told us, and flesh out the detail, we then sought information from other sources, including former sanctions officials, Iranian insiders, intelligence professionals and WikiIran, a third-party website soliciting leaks. Our investigation shows that the country has built sprawling shadow financial channels, which run from its oil rigs to the virtual vaults of its central bank. China, Iran’s main buyer, is an architect of this system, and its chief beneficiary. Global banks and financial hubs, often unknowingly, are used as vital cogs. A source familiar with Iran’s books says that, as of July, it had $53bn, €17bn ($19bn) and smaller pots of other currencies lying abroad.

Although enforcement has weakened in recent years, Iran is subject to the broadest sanctions America has imposed on any country. Aimed at forcing Iran to curb its nuclear enrichment and funding of terrorism, they target swathes of its economy, as well as the government. No other country imposes such stringent sanctions, so, in theory, most can deal with Iran. In practice, few do so openly, as America bans its firms not just from trading with Iran, but also with foreigners that knowingly do so. It is especially tough for Iran to receive and move dollars, as every such transaction, almost anywhere in the world, must eventually be cleared by an American bank.

But our report shows that, with patchy enforcement, determination and help from a greedy partner, a country under a de facto global embargo can end up flouting it on a cosmic scale. Many of Iran’s tactics are reminiscent of those a drug cartel would use to market products and recycle proceeds into other dark enterprises, often via seemingly legitimate businesses. Iran’s subterranean oil system is governed by rules as much as by threats. The task is to construct an elaborate charade that will dupe sanctions-enforcers.

Read it all.

Posted in * Economics, Politics, Economy, Energy, Natural Resources, Foreign Relations, Globalization, Iran

Monday food for Thought from Tim Keller–The real Problem with the Human Race

“Imagine you have an invisible recorder around your neck that, for all your life, records every time you say to somebody else, “You ought.” It only turns on when you tell somebody else how to live. In other words, it only records your own moral standards as you seek to impose them on other people. It records nothing except what you believe is right or wrong.

And what if God, on judgment day, stands in front of people and says, “You never heard about Jesus Christ and you never read the Bible, but I’m a fair-minded God. Let me show you what I’m going to use to judge you.” Then he takes that invisible recorder from around your neck and says, “I’m going to judge you by your own moral standards.”

And God plays the recording. There’s not a person on the face of the earth who will be able to pass that test. I’ve used that illustration for years now and nobody ever wants to challenge it. Nobody ever says, “I live according to my standards!” This is the biggest problem of the human race. We don’t need more books telling people how to live; people need the power to do what they don’t have the power to do.”

–Timothy Keller, Coming Home: Essays on the New Heaven and New Earth (Wheaton, Ill.: Crossway, 2017, ed. D A Carson), p.22, quoted by yours truly in yesterday’s adult Sunday school class



Posted in Anthropology, Eschatology, Ethics / Moral Theology, Theology, Theology: Scripture

A Prayer to Begin the Day from The Church of England

Grant, we beseech you, merciful Lord,
to your faithful people pardon and peace,
that they may be cleansed from all their sins
and serve you with a quiet mind;
through Jesus Christ our Lord.
Amen.

Posted in Spirituality/Prayer

From the Morning Bible Readings

After this I saw four angels standing at the four corners of the earth, holding back the four winds of the earth, that no wind might blow on earth or sea or against any tree. Then I saw another angel ascend from the rising of the sun, with the seal of the living God, and he called with a loud voice to the four angels who had been given power to harm earth and sea, saying, “Do not harm the earth or the sea or the trees, till we have sealed the servants of our God upon their foreheads.” And I heard the number of the sealed, a hundred and forty-four thousand sealed, out of every tribe of the sons of Israel…

–Revelation 7:1-4

Posted in Theology: Scripture

Prayers for the Anglican Diocese of South Carolina this day

Posted in * Anglican - Episcopal, * South Carolina, Energy, Natural Resources, Missions, Natural Disasters: Earthquakes, Tornadoes, Hurricanes, etc., Parish Ministry, Spirituality/Prayer

A Prayer to Begin the Day from the Leonine Sacramentary

Grant us, O Lord, so to enter on the service of our Christian warfare, that, putting on the whole armour of God, we may endure hardness and fight against the spiritual powers of darkness, and be more than conquerors through him that loved us, Jesus Christ our Lord.

Posted in Spirituality/Prayer

From the Morning Bible Readings

I want you to know, brethren, that our fathers were all under the cloud, and all passed through the sea, and all were baptized into Moses in the cloud and in the sea, and all ate the same supernatural[a] food and all drank the same supernatural[b] drink. For they drank from the supernatural[c] Rock which followed them, and the Rock was Christ. Nevertheless with most of them God was not pleased; for they were overthrown in the wilderness.

Now these things are warnings for us, not to desire evil as they did. Do not be idolaters as some of them were; as it is written, “The people sat down to eat and drink and rose up to dance.” We must not indulge in immorality as some of them did, and twenty-three thousand fell in a single day. We must not put the Lord[d] to the test, as some of them did and were destroyed by serpents; nor grumble, as some of them did and were destroyed by the Destroyer. Now these things happened to them as a warning, but they were written down for our instruction, upon whom the end of the ages has come. Therefore let any one who thinks that he stands take heed lest he fall. No temptation has overtaken you that is not common to man. God is faithful, and he will not let you be tempted beyond your strength, but with the temptation will also provide the way of escape, that you may be able to endure it.

–1 Corinthians 10:1-13

Posted in Theology: Scripture

A Prayer for the Feast Day of Henry Martyn

O God of the nations, who didst give to thy faithful servant Henry Martyn a brilliant mind, a loving heart, and a gift for languages, that he might translate the Scriptures and other holy writings for the peoples of India and Persia: Inspire in us, we beseech thee, a love like his, eager to commit both life and talents to thee who gavest them; through Jesus Christ our Lord, who liveth and reigneth with thee and the Holy Spirit, one God, for ever and ever.

Posted in Church History, India, Language, Spirituality/Prayer

A Prayer to Begin the Day from Erasmus

Lord Jesu Christ, Who hast said that Thou art the Way, the Truth, and the Life: we pray Thee suffer us not at any time to stray from Thee, Who art the Way; nor ever to distrust Thy promises, Who art the Truth; nor to rest in any other thing than Thee, Who art the Life; for Thou hast taught us what to believe, what to do, what to hope, and wherein to rest.     

–Frederick B. Macnutt, The prayer manual for private devotions or public use on divers occasions: Compiled from all sources ancient, medieval, and modern (A.R. Mowbray, 1951)

Posted in Spirituality/Prayer

From the Morning Scripture Readings

Now I know that the LORD will help his anointed; he will answer him from his holy heaven with mighty victories by his right hand. Some boast of chariots, and some of horses; but we boast of the name of the LORD our God. They will collapse and fall; but we shall rise and stand upright. Give victory to the king, O LORD; answer us when we call.

–Psalm 20:6-9

Posted in Theology: Scripture

(Church Times) ‘No prospect’ of my resigning, writes Bishop Dyer after pressure is applied

THE Bishop of Aberdeen & Orkney, the Rt Revd Anne Dyer, said on Friday that some of her episcopal colleagues had chosen to “threaten” her in an “unprofessional and un-Christian manner” by asking her to resign.

“For the avoidance of doubt, there is no prospect that I will allow them to pressure me into quitting a role I cherish,” she said in a statement.

On Thursday, four of the five other bishops in the Scottish Episcopal Church, including the Primus, the Most Revd Mark Strange, made a statement in which they urged Bishop Dyer to “consider whether she is still the right person to lead the diocese” (News, 18 October).

Bishop Dyer, who is currently on holiday, responded on Friday with an extended statement: “I’m at a complete loss to explain what has prompted these four Bishops to take such an ill-considered and inflammatory course of action, just days after the proceedings against me were dismissed,” she began.

Read it all.

Posted in Scottish Episcopal Church

(CT) Bonnie Kristian–25 Precepts for This (and Every) Election

1 …most of us, in this brash and hasty culture, are more likely to need forbearance and grace for those we believe to be less spiritual, moral, intelligent, or knowledgeable than ourselves.

2-Forbearance isn’t tolerance. Grace is not condescension.

3-Nor are forbearance and grace indecision and cowardice.

4-Remember 1 John 4:20: “Whoever claims to love God yet hates a brother or sister is a liar.”

5-Lasting political disagreement among Christians is not by itself evidence of sin, unbelief, or any other dysfunction. Reasonable, faithful Christians may in good faith reach different conclusions. They may all have solid biblical support for their views; they may all seek the common good; they may all seek to love their neighbors; they may always disagree.

    Read it all.

    Posted in America/U.S.A., Anthropology, Ethics / Moral Theology, Politics in General, Religion & Culture, Theology

    (Bloomberg) The Math Says It’s Getting Harder to Break Into the American Middle Class

    As US Election Day approaches, inflation is largely tamed and wage gains have lifted incomes. Yet the economy remains the most pressing issue in the presidential race for one big reason: Increasingly, for many Americans, the long-standing building blocks of middle-class life feel frustratingly unattainable.

    The standard 20% down payment on a median-priced home now costs 83% of a year’s income for the typical family ready to buy a home, up from 65% on the eve of the 2016 election, according to Bloomberg calculations. Buying a new car takes almost two extra weeks of work for the median household compared to eight years ago. Child care then cost the same family about a quarter of its weekly income. Now it swallows up more than a third.

    And while the cost of attending college has gone down as a share of income in recent years, a median household can expect to pay 75% of its annual income for a private college and more than third for a public in-state university. That is up significantly from when many of today’s parents went to college themselves — and, in turn, can make the price tag look unnerving.

    Read it all.

    Posted in * Culture-Watch, * Economics, Politics, America/U.S.A., Children, Economy, Housing/Real Estate Market, Marriage & Family, Personal Finance

    (NYT Op-ed) Daron Acemoglu–America Is Sleepwalking Into an Economic Storm

    Inflation seems under control. The job market remains healthy. Wages, including at the bottom end of the scale, are rising. But this is just a lull. There is a storm approaching, and Americans are not prepared.

    Barreling toward us are three epochal changes poised to reshape the U.S. economy in coming years: an aging population, the rise of artificial intelligence and the rewiring of the global economy.

    There should be little surprise in this, since all these are evolving slowly in plain sight. What has not been fully understood is how these changes in combination are likely to transform the lives of working people in ways not seen since the late 1970s, when wage inequality surged and wages at the low end stagnated or even fell.

    Together, if handled correctly, these challenges could remake work and deliver much higher productivity, wages and opportunities — something the computer revolution promised and never fulfilled. If we mismanage the moment, they could make good, well-paying jobs scarcer and the economy less dynamic. Our decisions over the next five to 10 years will determine which path we take.

    Read it all.

    Posted in * Economics, Politics, America/U.S.A., Economy, History, Labor/Labor Unions/Labor Market, Science & Technology

    A Prayer for the Feast Day of Saint Luke

    Almighty God, who didst inspire thy servant Luke the physician to set forth in the Gospel the love and healing power of thy Son: Graciously continue in thy Church the like love and power to heal, to the praise and glory of thy Name; through the same thy Son Jesus Christ our Lord, who liveth and reigneth with thee, in the unity of the Holy Spirit, one God, now and for ever.

    Posted in Church History, Spirituality/Prayer

    A Prayer to Begin the Day from the thought of Christina Rossetti

    O Lord Jesus Christ, Wisdom and Word of God, fill our hearts, we beseech thee, with thy most Holy Spirit, that out of the abundance of our hearts our mouths may speak thy praise in psalms and hymns and spiritual songs; to thy everlasting glory.

    Posted in Spirituality/Prayer

    From the Morning Scripture Readings

    I bless the LORD who gives me counsel; in the night also my heart instructs me. I keep the LORD always before me; because he is at my right hand, I shall not be moved….Thou dost show me the path of life; in thy presence there is fulness of joy, in thy right hand are pleasures for evermore.

    –Psalm 16:7-8;11

    Posted in Theology: Scripture

    (Church Times) Four Scottish bishops urge Anne Dyer to consider her position

    Four of the six diocesan bishops of the Scottish Episcopal Church, including the Primus, have urged the Bishop of Aberdeen & Orkney, the Rt Revd Anne Dyer, to consider whether she is the right person to lead the diocese, in light of the response to her reinstatement.

    On Thursday afternoon, the Primus, the Most Revd Mark Strange, and the Bishops of Edinburgh, Brechin, and Argyll & The Isles released a statement to the Church Times saying that they had urged Bishop Dyer to “consider whether she is still the right person to lead the diocese”.

    A spokesman for Bishop Dyer told the Church Times that it was a “matter of profound regret” that the bishops had “sought to improperly pressurise her to step down at this time and in this way”.

    Bishop Dyer was first suspended more than two years ago, and had been due to face a disciplinary tribunal on allegations including bullying and abuse of her position (News, 12 August 2022).

    Read it all.

    Posted in Scottish Episcopal Church

    (FT Alphaville) Is China turning Japanese?

    [According to Barclays’ economists…] The economic circumstances facing China have parallels with Japan’s experience after its asset bubble burst in the early 1990s. This created the term ‘Japanification’, which is typically defined as a combination of slow growth, low inflation, and a low policy rate, accompanied by deteriorating demographic trends.

    To measure this phenomena, a Japanese economist, Takatoshi Ito, introduced a Japanification Index, which measured the sum of the inflation rate, nominal policy rate, and GDP gap. To apply to China’s economy, we have adjusted this index, replacing the GDP gap with working-age population growth, as the estimation methods of GDP gaps differ across nations and working-age population is by far the most fundamental determinant for long-term growth. Our amended index shows that China’s economy has become more ‘Japanised’ than Japan’s recently, albeit marginally.

    This not a surprise to us. A demographic drag, the emergence and collapse of asset bubbles, debt overhang, zombie companies, deflationary pressures from excess capacity/high debt, and high youth unemployment, to name a few, are some of the notable similarities between the economies of China and Japan post their bubbles.

    Read it all.

    Posted in * Economics, Politics, China, Economy, History, Japan

    (Economist Leader) America’s economy is bigger and better than ever

    Few sights

    have better captured America’s world-beating ingenuity. On October 13th a giant booster rocket built by SpaceX hurtled to the edge of the atmosphere before plunging back to Earth and being neatly caught by the gantry tower from which, only minutes earlier, it had taken off. Thanks to this marvel of engineering, big rockets could become reusable and space exploration cheaper and bolder. Yet, just as the launch was a testimony to American enterprise, so Elon Musk, SpaceX’s founder, captures all that is going wrong with its politics. In his support for Donald Trump, Mr Musk has spread misinformation about voter fraud and hurricane relief and derided his opponents as ill-intentioned idiots.

    America, too, continues to rack up a stellar economic performance even as its politics gets more poisonous. As they prepare to go to the polls in fewer than 20 days’ time, Republicans and Democrats have never mistrusted or disagreed with each other more. Against that gloomy backdrop, can America’s breathtaking economy possibly stay aloft?

    Over the past three decades America has left the rest of the rich world in the dust. In 1990 it accounted for about two-fifths of the gdp of the g7. Today it makes up half. Output per person is now about 30% higher than in western Europe and Canada, and 60% higher than in Japan—gaps that have roughly doubled since 1990. Mississippi may be America’s poorest state, but its hard-working residents earn, on average, more than Brits, Canadians or Germans. Lately, China too has gone backwards. Having closed in rapidly on America in the years before the pandemic, its nominal gdp has slipped from about three-quarters of America’s in 2021 to two-thirds today….

    Read it all.

    Posted in * Economics, Politics, America/U.S.A., Economy

    (RU) Pastors Paint Picture Of a Poor Economic Year For Churches

    Heading into an election where the economy is top of mind for many voters, pastors say finances have been difficult at their church this year.

    A Lifeway Research study found 66% of U.S. Protestant pastors say the economy is very or somewhat negatively impacting their church. The two in three pastors who report a negative economic impact is the highest since 2011, and the 14% who say the impact has been very negative is the highest ever recorded in the 15-year history of the study.

    Around one in 14 (7%) say their church is seeing a positive impact. A quarter (24%) aren’t seeing any impact either way, and 3% aren’t sure.

    Last year, 50% said they experienced a negative impact, 40% no impact and 8% a positive impact. In 2022, 52% reported a negative effect, 40% said it was having no effect and 7% saw a positive influence.

    “National trends of a favorable stock market along with unfavorable inflation and interest can influence a local congregation’s finances, but so do more local factors that contribute to economic problems or prosperity in the church’s community,” said Scott McConnell, executive director of Lifeway Research. “In general, pastors have turned a little more negative in describing economic forces impacting their church this year.”

    Read it all.

    Posted in * Economics, Politics, Economy, Parish Ministry, Religion & Culture, Stewardship

    A Prayer for the Feast Day of Ignatius of Antioch

    Almighty God, we praise thy name for thy bishop and martyr Ignatius of Antioch, who offered himself as grain to be ground by the teeth of wild beasts that he might present unto thee the pure bread of sacrifice. Accept, we pray thee, the willing tribute of our lives, and give us a share in the pure and spotless offering of thy Son Jesus Christ; who liveth and reigneth with thee and the Holy Spirit, one God, for ever and ever.

    Posted in Church History, Spirituality/Prayer

    A Prayer to Begin the Day from frank Colquhoun

    O Heavenly Father, who hast taught us to show forth thy praise in psalms and hymns and spiritual songs: So fill us, we pray thee, with thy Spirit that we may make melody to thee both in our hearts and with our lives, evermore giving thee thanks for all things, in the name of Jesus Christ our Lord.

    Posted in Spirituality/Prayer

    From the Morning Scripture Readings

    Now it happened that as he was praying alone the disciples were with him; and he asked them, “Who do the people say that I am?” And they answered, “John the Baptist; but others say, Eli′jah; and others, that one of the old prophets has risen.” And he said to them, “But who do you say that I am?” And Peter answered, “The Christ of God.” But he charged and commanded them to tell this to no one, saying, “The Son of man must suffer many things, and be rejected by the elders and chief priests and scribes, and be killed, and on the third day be raised.”

    And he said to all, “If any man would come after me, let him deny himself and take up his cross daily and follow me. For whoever would save his life will lose it; and whoever loses his life for my sake, he will save it. For what does it profit a man if he gains the whole world and loses or forfeits himself? For whoever is ashamed of me and of my words, of him will the Son of man be ashamed when he comes in his glory and the glory of the Father and of the holy angels. But I tell you truly, there are some standing here who will not taste death before they see the kingdom of God.”

    Posted in Theology: Scripture

    (Church Times) Bishops warn of ‘duty’ to die if Leadbeater Bill is carried

    The Bishop of Newcastle, Dr Helen-Ann Hartley, wrote on X/Twitter: “By all means let’s have the debate. Consideration should also be given to proper investment in pal­liative and social care. And let’s call it what it is: assisted suicide. It’s a slip­pery slope and an absolute de­­grada­tion of the value of human life.”

    The Bill was also condemned by leaders of the Church in Wales, who said in a statement on Tuesday that the Christian faith had always been rooted “in the reality of pain and mortality”, as well as “the incalculable value of each human person, irrespective of social standing, access to resources, or physical or mental ability. . . In that spirit, shown to us in the person of Jesus, we give our heartfelt support to the extension of the best possible palliative care to all who require it, so that no limits are put on the compassion which we show as individuals and as a society.”

    “This is an extremely difficult issue over which different people, including Christians, will have arrived at differing views with the best of intentions,” said the statement from the Archbishop of Wales, the Rt Revd Andrew John, with the Bishops of Bardsey, Llandaff, Monmouth, St Davids, St Asaph, and Swansea & Brecon.

    Read it all.

    Posted in Aging / the Elderly, Anthropology, Church of England (CoE), CoE Bishops, Death / Burial / Funerals, England / UK, Ethics / Moral Theology, Health & Medicine, Life Ethics, Pastoral Theology, Religion & Culture

    The Archbishop of Canterbury warns against legalising assisted suicide

     legalising assisted suicide would disproportionately impact many millions of vulnerable people, who might perceive themselves as a burden on those around them and the health service. My concern is that once you can ask for assisted suicide, it soon becomes something that you feel that you ought to do. Permission slips into being duty. This does not represent true choice for all, and I worry that no amount of safeguards will ensure everyone’s safety at the most vulnerable point of their lives.

    A good death and compassionate care should be available to everyone, but the Bill being introduced today will not achieve that.”

    Read it all.

    Posted in * Culture-Watch, --Justin Welby, Aging / the Elderly, Anthropology, Archbishop of Canterbury, Church of England (CoE), Death / Burial / Funerals, England / UK, Ethics / Moral Theology, Law & Legal Issues, Life Ethics, Religion & Culture

    ([London Times) They fell in love in virtual reality. Now they’re together in real life

    Codi Hamilton and Marina Harrison met in virtual reality (VR) — putting on headsets and entering an arena of infinite possibilities. The couple are part of a growing trend for real-life relationships to begin not just online, but virtually….

    Hamilton, 30, said the [new] model would be a game-changer. “This will introduce more people into virtual reality, considering that the biggest issue is the price point,” he said. “A more affordable headset will likely sway a lot of people to try VR for the first time.”

    Hamilton and Harrison run a business organising parties in VR, where performers entertain audiences with acrobatics, pole dancing and DJ sets, all in their own homes. People can go on VR “dates” to theme parks, bars and landmarks around the world, or get married in virtual ceremonies. Some even spend the night sleeping with their headsets on, although most said the contraptions were too cumbersome to be comfortable enough to doze off.

    Read it all (subscription).

    Posted in Anthropology, Ethics / Moral Theology, History, Marriage & Family, Pastoral Theology, Science & Technology

    (World Bank) Global poverty reduction has slowed to a near standstill

    Today, almost 700 million people (8.5 percent of the global population) live in extreme poverty – on less than $2.15 per day. Progress has stalled amid low growth, setbacks due to COVID-19, and increased fragility. Poverty rates in low-income countries are higher than before the pandemic.

    Around 3.5 billion people (44 percent of the global population) remain poor by a standard that is more relevant for upper middle-income countries ($6.85 per day), and the number or people living on less than this standard has barely changed since the 1990s due to population growth.

    In 2024, Sub-Saharan Africa accounted for 16 percent of the world’s population, but 67 percent of the people living in extreme poverty. Two thirds of the world’s population in extreme poverty live in Sub-Saharan Africa, rising to three quarters when including all fragile and conflict-affected countries. About 72 percent of the world’s population in extreme poverty live in countries that are eligible to receive assistance from the International Development Association (IDA).

    Based on the current trajectory, 622 million people (7.3 percent of the global population) are projected to live in extreme poverty in 2030. This means, about 69 million people are projected escape extreme poverty between 2024 and 2030 compared to about 150 million who did so between 2013 and 2019. In addition, 3.4 billion people (nearly 40 percent of the world’s population) will likely live on less than $6.85 per day.

    If growth does not accelerate and become more inclusive, it will take decades to eradicate extreme poverty and more than a century to lift people above the $6.85 per day poverty line

    Read it all.

    Posted in Globalization, Poverty