
World Bank Raises Global Poverty Line to $3 as 808 Million Remain in Extreme Hardship
The World Bank has revised its global poverty thresholds, raising the international benchmark for extreme poverty from $2.15 to $3 per person per day. The update, driven by shifts in global living costs and improved economic data from low-income countries, underscores a sobering reality: an estimated 808 million people worldwide still live in extreme deprivation….