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Extreme poverty could cease to exist in 15 years

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The number of people living in extreme poverty will dip below 10 percent of the global population before the year is over, according to the World Bank, marking one step closer to the goal of ending poverty by 2030 – an objective adopted among 193 countries at the United Nations last month. And if the world continues on its fast track of economic progress, extreme poverty will cease to exist in 15 years. “This is the best story in the world today,” said Jim Yong Kim, World Bank Group president, in a statement. “This new forecast ... should give us new momentum and help us focus even more clearly on the most effective strategies to end extreme poverty.” Recommended: Are the rich getting...

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