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Three ways to support businesses and their workers during a pandemic

Many workers will be displaced and many businesses will close as a result of the slowdown caused by COVID-19. Providing support to those affected gives them a fighting chance.

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by · Friday, 3 April 2020 · Uncategorised

World Bank warns of 5% GDP decline in worst-case forecast

"Poverty projections indicate that the poverty rate in 2022 will remain higher than in 2015," the bank said. "In addition, the expected reduction in foreign …

by · Friday, 3 April 2020 · Thailand

Oprah Winfrey donates $10 million for coronavirus relief

Winfrey, 66, was born into poverty in Mississippi and raised in Milwaukee and Tennessee. Part of the money will go towards the new initiative called …

by · Thursday, 2 April 2020 · Philippines

France urges debt freeze for poor countries hit by pandemic

… other regions in terms of confirmed cases and deaths but infections are rapidly increasing amid endemic poverty and often threadbare health care.

by · Thursday, 2 April 2020 · Philippines

Samar officials start distribution of food packs to 150K families

Local government units in poverty-stricken Samar province have started the distribution of food packs to families affected by movement restrictions due …

by · Thursday, 2 April 2020 · Philippines

Coronavirus hits rich and poor unequally in Latin America

Peru has announced a payment of $108 for the 2.7 million homes classified as poverty stricken. But the hillside shanty where de la Cruz and his …

by · Wednesday, 1 April 2020 · Philippines

The coronavirus pandemic could push 11 million people in Asia into poverty, World Bank warns

(CNN) — The economic fallout from the coronavirus pandemic could drive an additional 11 million people into poverty in East Asia and the Pacific …

by · Wednesday, 1 April 2020 · Philippines

Binay, Angara lament DSWD’s slow aid delivery to poor families amid COVID-19 crisis

… is "not enough to even cover the 17.6 million Filipinos–or over 3 million families–who are living below the poverty threshold," the lawmaker said.

by · Wednesday, 1 April 2020 · Philippines

Pandemic to slow down PHL bid to cut poverty – World Bank

POVERTY reduction in the Philippines will slow down due to the ongoing coronavirus 2019 (Covid-19) crisis and still leave 20.5 percent of the …

by · Tuesday, 31 March 2020 · Philippines

World Bank: ‘Asia-Pacific countries must act now’

11M more pushed to poverty. According to the bank, the COVID-19 shock will also have a serious impact on poverty. It estimates that under the …

by · Tuesday, 31 March 2020 · Turkey