april 2007: World Bank said 986m people worldwide suffered from extreme poverty -1st time its count had dropped belo 1 billion
on aug 26th it had, Shaohua Chen & Martin Ravallion said the number of poor was almost 1.4 billion.

people are poor if they cannot match the standard of living of someone living for $1.25 a day in america in 2005.

Labels: the economist